Harmonia Capital USA created property acquisition funds with the goal of low risk level and high yield compared to competitors by leveraging its precise market assessment, rigorous project screening and professional post-investment management evaluation. Our business involves real estate development, investment, acquisitions and management. Our diversified assets expand from multi-family, student housings, retail properties, to healthcare properties.
Since 2011, Harmonia Capital has invested in and managed more than 20 properties consisting of more than 4,000 apartment units, primarily located in Texas. Since 2016, We have gradually expanded to Maryland and Washington, D.C., New York and California. Some properties have been successful exited.
Summerstone, a large garden-style apartment property, is located in Houston, the fourth largest city in the United States. The property, with 242 apartment units, was built in 1984. It is in the proximity of Energy Corridor, Houston's largest employment center, and Sugar Land, the most livable city in the United States by "Money Magazine" with the top school districts in Texas. The property was acquired in July 2014 and successfully exited on April 18, 2018. The internal rate of return, IRR, reached 31.81%. And the Return on Invested Capital was as high as 306.22%, which brought a triple return to investors.
Harmonia Capital USA focuses on building student housing portfolios with excellent locations and value-added prospects. With counter-cyclical performance versus the economy, student housing is a popular asset class among investors. Harmonia Capital USA integrated local partners, employed value-added strategies, strictly controlled costs, and rationally used financial tools to increase project value. As of the end of 2018, Harmonia Capital has investments and managements in 5 properties consisting of more than 2,000 beds, across the East Coast and the West Coast, with a total asset value of more than $100 million.
The property is located in Riverside, Southern California. It is adjacent to the University of California, Riverside and the University Village Mall. The property, with 70 acres land, consists of six four-story apartment buildings and an upscale club building. The property provides total 212 furnished apartment units consisting of 760 beds. The property, in the proximity of retail facilities and transportations, is only 5-minute walk from the university campus. The property offers free shuttle service and an extensive list of amenities. The apartment has almost 100% occupancy rate over many years. Attention: Past performance does not foreshadow its future performance
Consumption is the lifeblood of the US economy, accounting for 70% of its GDP. The steady employment growth, low unemployment rate, low interest rate, low inflation rate, and bull market in real estate and stocks, have made people very optimistic about the future of the US economy. The current consumer confidence index reached its highest level since 2001. The consumption growth brought the prosperity of retail real estate. Harmonia Capital USA has successfully acquired Cinco Ranch Plaza and Knights Court Plaza in Greater Houston Area.
医疗、养老地产投资/Healthcare Properties and Senior Housings
In the United States, thanks to its high stability, Medical Office Building market is thriving as more and more investors credit it as “Long-term Investments”. Medical real estate has developed as an independent commercial real estate sector, which has become a development investment target that developers and investors are chasing. Harmonia Capital USA investment and research team has long directed its attention to industry and market trends and new real estate investment sectors, such as healthcare, senior housing and hospitality, to create a cross-border real estate acquisition fund with stable return and low risk.
Harmonia Capital USA collaborates with local partners to fully participate in the entire operation and management process of real estate developments, in order to maximize the profit while minimize risks. As of today, Harmonia Capital’s development, Waterfront Resort in Flushing, New York, has been completed and is under pre-sales. The total sales volume is expected to be $115 million. Meanwhile, its second development in Williamsburg, Brooklyn is under construction, with total sales expected to reach $28 million.