MANAGING PARTNER & CEO, 37TH PARALLEL PROPERTIES
Chad is the CEO and Managing Partner of 37th Parallel Properties, based out of Richmond, Virginia. After participating with 37th Parallel Partners in multiple apartment acquisitions in San Antonio, Houston and Fort Worth, we have partnered with Mainstay Asset Partners, the partnership affiliate of 37th Parallel Partners. They specialize in the B-Grade multifamily space and have over $250 million under asset management. We will work hand-in-hand with Mainstay Asset Partners in sourcing properties and managing our multifamily apartment acquisitions. Our plan is to acquire at least two large apartment complex properties (valued at $15-25 million per asset) in 2019 with the goal of principal preservation, passive income distribution, appreciation and eventual liquidity.