5.00
Arrowpoint Properties Website
Arrowpoint Properties Overview
Arrowpoint Properties was founded in 2011 by its current president and CEO, David Lamattina, a real estate veteran with over 20 years of experience acquiring and operating multifamily properties. Arrowpoint Properties is a multifamily investment and management company currently focusing on the acquisition of value-add apartment communities throughout New England. Arrowpoint has historically acquired class B and C multifamily assets and implemented renovation programs which have contributed to the growth and increased value of those assets. Arrowpoint currently owns and operates over a dozen apartment communities with an aggregate market value north of $170 million. Mr. Lamattina and the Arrowpoint team have successfully completed 24 syndications, generating an average net IRR of 32% and a 2.50x to their high net worth and institutional investors. Investment Strategy: Arrowpoint Properties targets Class B & C, value-add and core plus apartment communities located in desirable, suburban markets throughout New England. Arrowpoint’s management team focuses on repositioning each asset via increased management efficiencies, construction and renovation projects and NOI growth strategies. Their value-add and repositioning plans have been historically executed in 12-24 months (some cases sooner) as the team aims to drive appreciation and value for its investment partners. The standard hold period for these assets is 3-5 years. During the review and due diligence process of a property, Arrowpoint’s principals work diligently with their team to formulate a unique business plan for every asset acquired. Because of Arrowpoint’s hands-on approach and strong attention to detail, they are able to quickly execute the business plan immediately upon acquisition. Arrowpoint’s acquisition process is a team effort utilized to maximize investor returns while carefully focusing on preserving investors’ capital.
Address
290 Merrimack St , Suite 210
Lawrence,
Massachusetts
01843
Year Founded
2011
Operates In
Massachusetts
Asset Classes
Multifamily
Accepted Investors
Accredited
The Elora Flats & Townhomes
The Meridian at Bedford
Arrowpoint at Ashton
Union & Grove Apartments
highlighted review
David R.
5.00
"Excellent Company"
Arrowpoint is a well run Real Estate Investment Company with many years of experience in the purchase, improvement and sale of small apartment buidings. In my first investment with them the returns far exceeded my expectations. My newest investment appears to be a the correct track and communication updates are clear and timely. Any questions I may have are promptly answered.
Arrowpoint Properties
Thank you David for your review! We appreciate your kind words toward Arrowpoint Properties and hope you will continue to be a valued investment partner for the foreseeable future!
Eli M.
5.00
"Equity Investor in Arrowpoint Transaction"
The Arrowpoint team has been phenomenal to work with, from pre-acquisition to asset management. The team is knowledgeable and pragmatic, they work efficiently and are very communicative. All questions and materials are transparently shared, which should give any investor comfort given the level and frequency of reporting. David is incredibly responsive and a great manager. Would love to do more with the team!
Arrowpoint Properties
Thank you Eli for the kind words towards Arrowpoint Properties. We are happy to hear you are pleased with our performance and communication thus far. And yes, we would love to partner on more deals with you as well!
Verified Investor
5.00
"Top Performing Sponsor in Massachusetts"
I had a great experience investing in ArrowPoint. One of my investments in Arrowpoint has gone through the full cycle. Here is my summary from that full cycle: 1. Invested in 2019. Exited in 2022. Appleton Square in Methuen, MA 2. Financial performance significantly above the pro forma, even through the unexpected pandemic. 3. Execution of renovation and value-add plan is great. The original plan was quite conservative. 4. Great communication in regular cadence, keeping me updated on the progress. 5. No delay in annual K-1 . Overall the team at Arrowpoint has done a great job in delivering results for me. I have invested over dozens of sponsors. Arrowpoint is one of the top performers.
Arrowpoint Properties
We are very pleased to hear of your positive experience with Arrowpoint Properties. We strive to produce results while offering consistent and clear communication along the way. Again we appreciate your investment!
Michael B.
5.00
"Seasoned and professional outfit"
Great communication on reports and experienced sponsors who know what they are doing in the Boston area multifamily field with their expertise.
Edward L.
5.00
"Consistently Strong Returns and Trusted Partnership"
I’ve had the pleasure of investing with Jay and David for several years, and the experience has been outstanding. The returns have consistently met or exceeded my expectations. I highly recommend working with them.
Arrowpoint Properties
Thank you Ed for your continued trust with Arrowpoint Properties! We are pleased to know that you've had an outstanding experience and we hope that continues!
