Arrowpoint Properties: Verified Investor Reviews on Invest Clearly
5.00
Website
www.arrowpointproperties.comOverview
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
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
5.00
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!
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.
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
5.00
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!
Jonathan S.
5.00
"A Pleasure to Work With"
The prospectus was clear and concise. After I made the investment, the principals of the company gave me a tour of the complex and pointed out the improvements that were being made. It seemed likely that refreshing both the interior and exterior of the property would result in a much improved income stream. I made this investment less than a year ago, so the eventual ROI is an unknown. However, based on their efforts, I am very optimistic.
Arrowpoint Properties
5.00
Thank you for your trust in Arrowpoint Properties! We are working diligently to ensure this investment will be a success and you will continue to be a valued investor with Arrowpoint!
