Leading market qualities
RedHill has acquired another prime California Apartment Community—Solterra at Civic Center, in Norwalk, Los Angeles. Solterra is the second acquisition in the RedHill-Shelter Venture alongside Tokyu Land. Solterra is a 192 unit, fully amenitized property which RedHill will upgrade and reposition to meet market potential. RedHill will continue to acquire assets in dynamic transit-based locations that have components for growth.
RedHill Realty Investors and Shelter Asset Management have acquired The Hills of Diamond Bar in Los Angeles County, California, in a venture with Tokyu Land & Development Co. The 204 unit community was acquired from the Sares Regis Group. RedHill will engage in a moderate Value Add strategy including interior and exterior upgrades and amenitize the property.
RedHill is a Private Equity Investor and Operator specializing in the Multifamily Sector. Since 2005, the firm has represented numerous private investors, family offices and institutional partners investing nationally—with execution focused predominantly in the Western United States. RedHill’s formula for adding investment value includes a full complement of capabilities within an Integrated Platform, including Acquisitions, Joint Venture Formation, Fund Management, Asset and Property Management Services. The company offers investors access to quality institutional grade opportunities on a recurring basis and is customized to provide investors with capital preservation, cash flows, and high market-risk adjusted returns. The company is led by national legacy leaders with experience transacting Billions in related disciplines and possessing a cross section of expertise and skills. These combined capabilties establish the RedHill competitive edge and ultimately provide superior execution to its clients.