CREM Capital, CION’s real estate management arm, combines a unique investment approach with the robust infrastructure needed to identify, source, and invest across specialized opportunities in student housing. In addition to our track record, CREM Capital’s management team has an unparalleled advantage in the industry given our experience and deep relationships across specific sectors.
CREM Capital
Our Competitive Advantage
Proven Track Record
Unique Access to Deal Flow
Institutional Quality Projects
Vertical Integration
Our Inaugural Fund (closed)
CREM Capital serves as the advisor to CR Student Housing Fund, our initial flagship fund. We combine our vast university relationships with our ability to turn around difficult deals through strategic partnerships with best-in-class sponsors, operators, and third-party property managers.
The CREM Capital Advantage
Location
Focus on schools where new competitive supply is limited, enrollment is stable and growing, and there is an undersupply of quality housing.
Operating Characteristics
Source properties that are priced below cost of replacement, where improvements can drive rents up, and where there is existing cash flow to mitigate leverage risk.
Connectivity
Invest in Class B (upgradeable through renovations to common areas) or Class C (may need infrastructure improvements) that are convenient to campus (on pedestrian, shuttle or bus routes).
Alpha Creation
Boost performance by fixing broken capital structures and streamlining management; invest in capital improvements to increase occupancy and drive rent growth; market capacity to raise top-level income, reduce expenses and reposition for capital appreciation.