| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
37 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
63 |
| Net Income (TTM) (Millions $) |
-14 |
| Cash Flow (TTM) (Millions $) |
-3 |
| Capital Exp. (TTM) (Millions $) |
4 |
Business Description
Trade Street Residential, Inc. is a real estate investment trust (REIT) company that specializes in acquiring, owning, and managing high-quality multifamily apartment properties in the United States. The company primarily focuses on the acquisition and operation of Class B and C apartment communities, targeting middle-income renters.
Trade Street Residential aims to provide attractive and affordable housing options in growing, economically diverse markets across the country. Their portfolio consists of multifamily properties in various regions, including the Mid-Atlantic, Southeast, and Texas.
The company's strategy involves identifying undervalued properties with potential for improvement, enhancing their value through renovations and operational efficiencies, and generating stable rental income. They focus on maintaining strong occupancy rates and rental growth to maximize shareholder returns.
Trade Street Residential prides itself on offering comfortable living experiences with amenities such as fitness centers, swimming pools, clubhouse, and laundry facilities. Additionally, they emphasize strong customer service and aim to build long-term relationships with their residents.
In 2021, Trade Street Residential was acquired by Starwood Capital Group, a leading global private investment firm. The acquisition is expected to further enhance their capabilities and position the company for future growth in the multifamily real estate market.
|
%