Grubb Properties focuses on essential housing to help address the nationwide housing shortage. This product helps serve the population that earns too much for subsidized affordable housing but not enough to afford luxury housing.
We add needed essential housing through our Link ApartmentsSM brand in select markets. With 60+ years of experience, we are organized to seize on changing attitudinal, housing and social dynamics that fit with our strategic mission to benefit residents and investors - to create places to live and work that inspire community, enable mobility, encourage wellbeing and deliver value.
We deploy this strategy in markets across the United States, focusing on high-growth communities and sub-markets with strong job demand. We were an early adopter of the Qualified Opportunity Zone program, as we found that our existing strategy was a perfect match for these underserved communities.
We invest in properties we intend to own for at least 10 years, and are committed to making a positive impact on people and communities while driving growth in our chosen markets. We strive to develop long-term relationships with our residents and surrounding communities, and cap rent increases for our residents of 5+ years.
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Our investment strategy is focused on essential housing in desirable markets. We believe essential housing to be one of the most resilient and yet one of the most undersupplied asset classes.
Our top three priorities are location, basis and design. To meet the demand for essential housing, we use a number of creative development methods such as thoughtful site acquisition, design efficiencies, a focus on transit options, partnerships and pursuing tax incentives with local municipalities.
Our vertical integration is a significant factor in our performance, allowing us to control each stage of the asset’s lifecycle. With one team working together, we can share our intelligence and expertise to find synergies throughout the process. Our sustained operational involvement and award-winning* property management teams ensure a quality experience for our residents and tenants.
* Based on epIQ Index of Top Management Companies and Communities by SatisFacts and ApartmentRatings, January 2024. Grubb Properties was ranked 17th of the Top 100 Management Companies with 10-24 communities. https://www.satisfacts.com/epiq-index-top-management-companies-communities-biannual-report-january-2024/
Grubb Properties pursues essential housing through our Link Apartments℠ brand, a strategy that we have refined over the last decade. Our focus is on location, seeking out urban, transit-oriented locations close to major fixed employers of essential workers (e.g., universities, innovation hubs and medical centers). We then access these renters at a price point affordable to residents earning 60-140% of the area median income.
Learn More on Essential HousingOur methodology for assessing opportunities along with our history of working closely with communities puts Grubb Properties in an excellent position to create exciting properties.
Currently, we are helping bring a Qualified Opportunity Zone district in Chapel Hill, North Carolina to life with a new Innovation District. With leasing partner JLL, we are actively leasing for Phase 1 with offices and cutting-edge lab and wet lab space ready to accommodate the next generation of life sciences and technology next to one of the nation’s top universities. Across the street, a future Link Apartments® development will contribute a needed essential housing option and allow people to live, work, and socialize in this dynamic neighborhood.
Learn about Investment in ActionIn line with the UN Sustainable Development Goals (SDGs) framework, we’re creating places that make a significant difference.
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