Corcoran actively pursues opportunities to purchase existing apartment communities throughout New England. Typically these communities have 100 or more apartments. The age and condition of a property is not a factor, as we have the capacity to address significant structural and environmental challenges. Our primary areas of focus include Massachusetts and Rhode Island; the southern and central portions of Maine, New Hampshire, and Vermont; and Connecticut from Hartford eastward. We will also consider properties in other New England locations.
We conduct a thorough and well-structured due diligence process to inspect all aspects of a property. Maintenance professionals examine and document the condition of apartment interiors and building exteriors. Property managers review files and financial records. Marketing professionals study local demographics, market trends, and rental rates.
To learn more about Corcoran’s Acquisition Process please contact:
Peter Parker, Director of Acquisitions