The residential division of AMERICAN PROPERTY ENTERPRISES focuses upon new development of multifamily apartments, condominiums, townhomes, and mixed-use projects as well as acquiring existing properties for rehabilitation, repositioning, condominium conversion, or redevelopment of multifamily and mixed use properties with residential and commercial components.
Since its inception in 1985, AMERICAN PROPERTY ENTERPRISES has successfully entitled urban infill sites for multifamily rental apartments, for sale condominiums, and townhomes; developed, operated, and managed large scale rental apartment projects; and renovated and converted rental apartments into for-sale condominiums. In all, the Company has successfully completed the development, rehabilitation, and repositioning of over 2,800,000 square feet of office/industrial business parks, office, showroom/retail properties, and residential rental and for-sale properties located in the Southwestern United States. Principals within the company have also built and sold over 3,500 attached and detached homes in San Diego County and the Inland Empire.
A profitable residential project depends not only upon a developer’s capacity to direct and manage multiple disciplines simultaneously but also a developer’s proficiency in each individual discipline of development. At AMERICAN PROPERTY ENTERPRISES, every stage and facet of development is meticulously undertaken by experienced and skilled professionals. From detailed market research and feasibility studies, to thoughtful design and careful construction management, and finally to effective marketing and final lease-up or sellout, each step in the execution of the business plan must be successfully achieved in order to create value.
AMERICAN PROPERTY ENTERPRISES’ full-service, in-house capabilities in asset and property management, finance, accounting, land entitlement, and construction management, uniquely position us to better control a project from concept to final completion. With a background of numerous successful ventures, the AMERICAN PROPERTY ENTERPRISES’ team has continually shown the skill to recognize, plan, and execute effective value-added and new development projects with the ultimate goal of creating value for the owner and investor.
With more than two decades of residential development and investment experience, we have come to know what makes a great residential property and what works best for buyers, tenants and investors.