Investment Opportunities
At Plowshares, we focus on identifying high-potential real estate opportunities that provide both strong returns and meaningful community impact.
Plowshares acquired this portfolio in November 2024. A multigenerational family owned and managed asset, Plowshares was able to negotiate a compelling purchase price beneath the appraised value and is excited about delivering strong financial returns to our investors.
Key Points
- 120 units
- Onsite Property Management Office
- Core location for high demand workforce housing assets
- Freddie Mac debt with favorable terms: 30 Year Amortization, 5 Year Fixed Rate, 2 Years Interest Only
Acquired in June 2025, this concentrated collection of units is immediately adjacent to our current holdings. Plowshares is excited about adding concentration to our operational economies of scale.
Key Points
- 150 units
- Immediately adjacent to Lanham Apartments allowing immediate economies of scale
- Core location for workforce housing
- Assumed non-recourse loan fixed at 3.75%
Plowshares Capital recently acquired Floranna Park Apartments, a newer-construction 50 unit multifamily community located in a highly desirable workforce housing corridor. This acquisition reflects our disciplined approach to partnering with sellers and aligning capital in ways that create durable, long-term value. By thoughtfully structuring the transaction to meet the objectives of all parties involved, we positioned the asset for operational strength and meaningful upside while preserving downside protection. Floranna Park’s modern design, strong resident demand drivers, and proximity to employment centers make it a compelling addition to our growing portfolio.
