The Habit Corporation and The Bosley Group provides IWP with a wealth of knowledge, expertise and opportunity. IWP's goal is to acquire properties in growth markets, such as Jacksonville, Tallahassee and Tampa Florida, the Research Triangle area of North Carolina, the coastal regions of South Carolina and Las Vegas Nevada. These acquisitions will be 100 units or greater and are generally recognized in the industry as class B, C, or D properties. All real estate acquisitions will be evaluated on a case by case basis. Land development assets that can be resold for immediate gain or contributed to a development joint venture Presently, our investment base is in the growth stage.
Accurate market analyses, product definition and rental pricing.
Focused acquisition and operations management, which control investment and operating costs. Mismanaged or undervalued properties. IWP also receives direct solicitations from brokers and owners for invitations to bid on properties. Our Company's present volume of deal flow is sufficient to ensure that IWP can review enough property offerings to meet its annual target unit growth of 1,000 units. Dependent somewhat on the method of financing pursued, either a new limited liability corporation or a limited partnership will be formed for each property acquired.