June 22, 2017
NewGrove Partners launches cash-on-cash focused multifamily investment platform
NewGrove Partners has a unique approach to multifamily investing. Through a long-term cash-on-cash focus, NewGrove provides a consistent and stable dividend for investors. They do so by providing institutional knowledge and sophistication on a deal-by-deal basis to high net worth and family office investors that might otherwise not have access. Through a network of advisors, brokers, owners, lenders and manger relationships, NewGrove has access to attractive deal flow and market insight.
NewGrove is built from 25+ years of combined professional experience and more than $1 billion in multifamily transaction volume (8,000 units) amongst the three partners, Joey Azar, Craig White and Will Brooke Jr.
“We are being very deliberate with the development of this company,” said Azar. “From our advisory board to our underwriting approach, investment summaries and investor reporting — we are very intentional about doing it in a way that sets us apart.”
Read more about the launch of NewGrove Partners in this Birmingham Business Journal feature.