Case Studies
The following case studies describe investment outcomes and other results. Past performance is not indicative of future results. All investments involve risk, including the potential loss of principal. Neither historical performance nor individual project outcomes should be relied upon to predict future results.
Garrison West Townhomes
Oceanside, California • 46 Units
Structure PMG acted as both managing partner and property manager, executing a full-cycle value-add strategy that included comprehensive capital improvements, operational enhancements, and a successful mid-hold refinance, which returned a significant portion of investors’ capital. Over a nine-year hold, the investment generated consistent cash distributions, achieved targeted preferred returns, and delivered an 11.98% internal rate of return (IRR) and a 2.09x equity multiple upon exit. The result was a well-executed business plan that balanced income, liquidity, and long-term value creation.
Derian
Irvine, California • 110,000 SF Office
Structure PMG was awarded this third-party property management assignment by Essex Property Trust for this institutional office asset. Our scope included full-service property management, capital project execution, and tenant improvements. Through disciplined oversight of day-to-day operations, including CAM reconciliations, we enhanced asset quality, increased tenant satisfaction, and drove above-market occupancy and income. This engagement reflects our ability to deliver institutional-grade performance aligned with ownership objectives.
Gateway
Lake Havasu, Arizona • 148 Storage Units
We obtained entitlement and developed this storage facility. Gateway demonstrated our ability to operate in different markets and different asset classes. Strong rental demand created lasting income stability. Gateway remains a held asset, with high occupancy and steady returns from recreational vehicle and boat storage rentals.
Villa Grande
Buena Park, California • 46 Units
An outstanding outcome for both residents and investors, Villa Grande underwent significant renovation, unit expansion, and operational upgrades. This investment went through a full cycle with repositioning through extensive value add capital improvements of unit interiors and the exterior of the property. Operational improvements in income, controlling expenses and improving reporting capabilities for increased transparency. We successfully refinanced this property during the hold period. We delivered a 15.81% IRR and 2.60x equity multiple over a seven-year hold, capped by a sale. This project exemplifies disciplined execution and outsized performance through focused repositioning.
Vine
Fullerton, California • 98 Uni
Through a strategic hold-and-enhance approach, Vine was transformed into a high-performing multifamily asset. Structure PMG led capital improvements, stabilized operations, and completed a refinance and profitable exit, delivering a 22.59% IRR and 2.93x equity multiple. The asset’s reposition exceeded original forecasts and illustrates our full-cycle investment execution.
Euclid
Pasadena, California • 40 Units
Structure PMG was engaged as a third-party property manager at acquisition, supporting due diligence and taking over full operational control. We significantly improved ocupancy, income, and physical condition. Structure PMG advised in the selection of the real estate brokerage team that listed Euclid. Our combined efforts led to a timely and profitable disposition for our client. This assignment reflects our ability to deliver institutional-quality execution for private investment groups.
Magnolia
Anaheim, California • 24 Units
A focused repositioning plan and tight operational oversight enabled robust performance for this investment. With value-add renovations and efficient management, we achieved a 26.32% IRR and 2.12x multiple over a three-year hold. Magnolia is a prime example of our ability to unlock value in small-to-mid-sized multifamily assets.
Estrellita
Los Alamitos, California • 20 Units
As a third-party property manager, Structure PMG implemented a comprehensive repositioning plan focused on capital improvements, income optimization, and operational control. Our vertically integrated platform enabled performance transformation, supporting both ownership goals and resident quality of life. Estrellita underscores our third-party capabilities where we can bring our extensive and experienced real estate investment and management platform to our clients.
Pacific View
Oceanside, California • 27 Units
Upon acquisition, Structure PMG led a full repositioning effort including exterior upgrades, deferred maintenance resolution, and active management. Our value-add capital improvements included new windows, railings, gates, additional parking, additional patios, additional balconies, hardscape, landscape, unit interior improvements, updates to the exterior and more. With rent growth, expense control, and institutional-grade reporting, the property’s operations were substantially elevated. This project demonstrates how disciplined reinvestment, and operational rigor can unlock long-term value.
Marquis
Garden Grove, California • 41 Units
Structure PMG executed a targeted capital improvement strategy post-acquisition, addressing aesthetics, durability, and operating efficiency. Our integrated platform produced meaningful rent growth and improved net operating income. Marquis exemplifies our approach to elevating underperforming assets through coordinated capital improvement, investment and management strategies.
Vista Hills
Vista, California • 44 Units
Through detailed capital planning and enhanced property operations, Structure PMG improved income, stabilized the assets, and provided consistent distributions. Following a refinance and other operational improvements, the investment produced compelling risk-adjusted returns. Vista Hills reflects our long-term asset stewardship and focus on durable income streams.
Glencrest
Anaheim, California • 18 Units
Structure PMG led the repositioning through addressing deferred maintenance and targeted value add capital improvements of this asset, as well as significant operational improvements, which allowed for both a favorable refinance and eventual optimal sale. The asset achieved a 27.60% IRR and 2.56x multiple over its hold period, and the proceeds were reinvested through a 1031 exchange, showcasing our strategic reinvestment discipline.