IMT Capital is a private real estate investment firm headquartered in Los Angeles. We partner with exceptional institutional investors and seek extraordinary risk-adjusted returns. We are a vertically integrated investor and operator of multifamily assets in major US markets—actively managing our investors’ capital alongside our own through our funds.
TAMPA, FLA—January 14, 2014 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired three apartment communities in Tampa and Boynton Beach Florida totaling 934 units.
IMT Capital acquired the assets on behalf of its third investment fund, IMT Capital Fund III, L.P. which closed in October 2013 with $409 million in committed equity. IMT’s Florida holdings now total 4,695 units in 16 properties across the state. IMT’s investment funds also hold assets throughout California, Arizona, Colorado, and Texas.
Tuscany Bay and Westchase are 370 units and 300 units, respectively, and are located in the Westchase submarket of Tampa, Florida. The properties are bordered by 20 acres of nature preserve and incredible views. Nearby amenities include shops, restaurants and the Westchase golf course. The third asset, Florida Club, is a resort apartment community with 264 units located in Boynton Beach, Florida.
LONE TREE, CO.—December 23, 2013 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired Lone Tree, a 400-unit resort-style apartment community located in the Denver suburb of Lone Tree, Colorado.
This is IMT’s first acquisition on behalf of its third investment fund, IMT Capital Fund III, L.P. which closed in October 2013 with $409 million in committed equity. Lone Tree also marks IMT’s first investment in Colorado.
Located at 10047 Park Meadows Rd. in Lone Tree, Colorado, the property is a resort apartment community consisting of 400 upscale apartment homes. The property is near the Lincoln Light Rail Station and just minutes from downtown Denver, DTC, and the foothills region. On-site amenities include restaurants, a state-of-the-art 24-hour fitness center with cardio and strength training machines, children’s play area, resort-style pool with year-round heated spa, sports court with basketball and volleyball, as well as a resident clubhouse equipped with billiards, movie theater, and business center with conference room.
SHERMAN OAKS, CALIF, October 1, 2013 – IMT Capital, LLC,
a private real estate investment and management company
with a nationwide portfolio of multifamily properties,
announced the start of IMT Capital Fund III, LP. (“Fund III”),
an investment fund with more than $409,000,000 in
committed equity. Investors in Fund III include a select group
of university endowments, foundations, pension funds, and
high net worth individuals.
Fund III was formed to employ an investment strategy
consistent with IMT Capital’s prior funds, opportunistically
invest in undervalued and underperforming multifamily
assets in major U.S. markets, and deliver superior risk-adjusted
returns through investment discipline, value-add
strategies, and in-house operational skill sets.
“We are fortunate that the exceptional performance of our first fund, combined with the opportunities uncovered in our second, has put us in a position to continue our partnership with the best investors in the country,” said Michael H. Browne, IMT Capital’s co-founder and Managing Director. “Opportunities in each cycle may be different, but it’s always our job to demand an adequate return for our risk. That’s as true for our partners’ money as it is for ours.”