VareCo specializes in the acquisition, construction management as well as day to day property management of dislocated multifamily apartment buildings in Denver, Co and Des Moines, IA. We provide investors with the opportunity for above market risk adjusted returns generated through consistent cash flow and capital growth through capital events.
Project IRR
Based on 22 dispositions with a total acquisition volume of $45.5M+ and gross sales proceeds of over $76.0M+.
Total Transactions
We have acquired 43 multifamily properties
We have acquired 43 multifamily properties totaling 1,880+ units and have sold 22 assets totaling 540+ units.
Transactional Value
Through our 43 acquisitions ($211M+) and 22 dispositions ($76M+), we count a transaction value of more than $287M+.
Our leadership team is focused on fostering an environment where employees are empowered to act as owners, creating strong alignment between the VareCo team and it’s capital partners.
Our advantage is driven by vertically integrated operations, deep knowledge of the markets where we operate with a proven track record of executing the value add business plan at scale.
Acquired in October 2021, The Iris is a 276-unit property in Denver, Colorado. At the time of acquisition, we vacated all units to complete heavy construction renovations in under one year. In Q1 of 2023, the LivLavender team successfully completed a refi on the property, our biggest refi to date.
Acquired in April 2021, Highland Park is a 41-unit property in Denver, Colorado. At the time of acquisition, we vacated all units to complete heavy construction renovations in under one year. Within months of completing construction, the LivLavender team successfully stabilized the property.
Acquired in June 2021, The Jefferson is a 108-unit property in Des Moines, Iowa. At the time of acquisition, we vacated all units to complete heavy construction renovations in under one year. Within three months of completing construction, the LivLavender team successfully leased 100% of the units.
Acquired in October 2020, Midtown Plaza is a 41-unit property in Denver, Colorado. At the time of acquisition, we vacated all units to complete heavy construction renovations in under one year. Within three months of completing construction, the LivLavender team successfully leased 100% of the units.
In June 2021, VareCo acquired this 108-unit property in Des Moines, Iowa. This project was unique to most as it previously was two adjacent properties that were mismanaged and underperforming. We combined them into one operation, rebranded the property, and successfully refinanced after completing our value-add process to position the property for a long-term hold.
In June 2021, VareCo acquired this 108-unit property in Des Moines, Iowa. This project was unique to most as it previously was two adjacent properties that were mismanaged and underperforming. We combined them into one operation, rebranded the property, and successfully refinanced after completing our value-add process to position the property for a long-term hold.
In June 2021, VareCo acquired this 108-unit property in Des Moines, Iowa. This project was unique to most as it previously was two adjacent properties that were mismanaged and underperforming. We combined them into one operation, rebranded the property, and successfully refinanced after completing our value-add process to position the property for a long-term hold.