BuyProperly, a North American marketplace for alternative investments, announced a partnership with multifamily expert Trinnium Equity Group to bring Vivid Apartment Homes onto the BuyProperly marketplace.
Trinnium’s Apartment Homes project involves the refurbishment of an established and stable 104-unit apartment community nestled within the Westover Hills community of San Antonio. The partnership marks BuyProperly’s entrance into the San Antonio, Texas market.
“For nearly a decade, Trinnium Equity Group has been making world-class investment opportunities accessible to everyday real estate investors and quality rental housing available in their communities,” said Khushboo Jha, founder and CEO of BuyProperly. “This is the ideal match for BuyProperly, where savvy North Americans are finding a way to access alternative investments, including the lucrative real estate market, on their own terms.”
The housing crisis across North America has created a high-demand for quality rental properties that remain affordable, particularly in areas like San Antonio. It is a challenge for developers to fill this need given the rising cost of land and construction materials post pandemic and the increase of red tape while working through municipal requirements, which vary by region. Many developers are seeking new ways to make this process more efficient, including refurbishments to older buildings and alternative methods of accessing capital.
BuyProperly’s online marketplace lets North Americans sort through wealth-generating opportunities and invest in assets at an accessible level. Complementing a century of experience in real estate, investments and technology within the team, the BuyProperly platform leverages AI and machine learning to provide personalized property recommendations and predictive analytics to help investors make informed decisions and enable developers to spend more time building, rather than sourcing capital.
“BuyProperly is another lever for us to make quality housing affordable and democratize real estate investing at the same time,” said Brandon Slater, managing partner, Trinnium Equity Group. “There is clearly a need for rental housing in San Antonio and the region is very attractive to investors, even across state borders.”
Trinnium is building on $750,000 in recent exterior renovations with upgraded units for maximized rental income for investors.
