Case studies
The results speak for themselves.
For Resurgens Capital Advisors, no two investments are the same. Our comprehensive due diligence process that precedes each investment ensures that every asset in the portfolio is expertly positioned to capitalize on its unqiue features and attributes. The Resurgens team creates custom management, development, marketing, and disposal strategies for every project in the portfolio to add value during every stage of the investment.
Review the select case studies below to see how Resurgens’ unique approach paid off (literally) in the end:
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This underperforming 2-story mixed-use building consisting of 10,400 SF was acquired in April 2018. At acquisition, the property was roughly 60% leased with significant CAPEX required for replacement of the roof system, mold and structural remediation, and other deferred maintenance items. Over the 43 month hold period, Resurgens was able to secure a long-term tenant to operate the upstairs residential lofts for AirBnb use. Further, Resurgens procured a restaurant operator as well as an axe throwing business, and successfully secured long-term leases at market rental rates with both tenants. Upon stabilization (100% leased), the property was marketed and sold in November 2021. The investment resulted in an equity multiple of 2.75x and an annual IRR of 32.73% during the hold period.
Ashley St building
Ridge at Dahlonega
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This investment opportunity was acquired in 2021 and consists of 21.75 undeveloped acres in Dahlonega, GA. Resurgens has since obtained the proper entitlements to allow for up to 61 residential units (mix of single-family dwellings and townhomes), finalized the full set of construction drawings, and obtained approval for a Land Disturbance Permit. Resurgens is ahead of schedule on the overall investment plan for this asset, and improved market conditions have allowed for multiple exit strategies to be considered.
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This cash flowing asset consisted of 14 residential townhomes and was acquired in 2015 at a price below replacement cost. At acquisition, the property was roughly 75% leased, and Resurgens secured leases on all vacant units to achieve 100% occupancy. After a hold period of 18 months, Resurgens implemented a staged disposal strategy, marketing individual units for sale while several of the existing tenants were converted to home buyers. Upon the final home sale in 2017, the overall investment resulted in an equity multiple of 2.94x to the investors.
Milledgeville townhomes
West Hancock building
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Located on “Main and Main” across from Georgia College and State University campus in downtown Milledgeville, GA, this 2-story 5,000 SF commercial building was acquired in 2017 and has consistently been a stable cash flowing asset within the Resurgens portfolio. Since acquisition, Resurgens has extended the lease with the existing restaurant tenant and also refinanced the loan to return capital back to the investors.
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This investment opportunity was acquired in 2019 and consisted of various residential lots located in Bentonville, AR. The lots were encumbered with several defects in title and through detailed review of state law and strategic legal action, the lots were extinguished of previous title defects through a quiet title judgment action. Shortly after the action, the lots were then marketed and sold with clean and marketable title in 2020. The investment resulted in an equity multiple of 9.75x to the investors during the 1 year hold period.
Bentonville lots
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