Commercial Real Estate Investments

Investment Criteria

Albion focuses on three types of development to create value for our partners, investors and stakeholders in the community.

Developer Secures Construction Loan For 29-Story Midtown Tower In Nashville
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New Construction & Development

Ground-Up Development

Albion focuses on ground-up developments in vibrant urban neighborhoods characterized by robust employment opportunities and thriving entertainment districts. These projects often demand innovative architectural and construction methods, along with comprehensive rezoning efforts achieved through close collaboration with local community groups and municipalities. Ideal sites must meet the following criteria:
  • Land parcels capable of supporting the development of 150 or more apartment units
  • Proximity to key employment hubs and lifestyle amenities
  • Strong community engagement and alignment with neighborhood vision
Our Projects
Albion Bird

Adaptive Reuse Projects

Adaptive Reuse

The revitalization of Midwestern urban cores has created prime opportunities to transform underutilized early 1900s buildings into vibrant residential communities. Albion leverages Federal Historic Tax Credits for numerous conversions, bringing a wealth of experience, expertise, and strategic partnerships to unlock the potential of often-overlooked properties. Our proven approach maximizes value while preserving architectural integrity, following these key guidelines:

Guidelines

  • Historic buildings and/or office properties suitable for multifamily conversion with a minimum of +/- 200,000 GSF
  • Eligibility for state historic tax credits, where available
  • Favorable rent roll with reasonable lease expiration timelines
  • Prime urban Central Business District (CBD) locations within target markets
Albion Residential New Construction and Adaptive Reuse Projects
Value Add Acquisitions Firm
Albion Bird

Value Add

Value Add Acquisitions

Albion strategically targets both on-market and off-market properties with untapped potential for value enhancement. Ideal acquisition opportunities include assets requiring moderate to extensive capital improvements, such as interior unit upgrades, common area renovations, property repositioning, and operational improvements through enhanced management and marketing strategies.

Acquisition Criteria

  • Minimum of 150 units in urban or suburban locations (consideration for smaller properties with adjacent parcels for density expansion)
  • Class A, B, or C assets with repositioning potential
  • Prime urban or suburban infill locations with significant barriers to entry
  • Properties with high visibility, strong drive-by traffic, and proximity to public transportation, expressways, and shopping centers
  • Variety of property types, including garden-style, mid-rise, and high-rise buildings
  • Adaptive reuse opportunities, including hotel-to-residential or office-to-residential conversions
  • Assemblage opportunities of non-contiguous properties within the same vicinity to create larger, cohesive communities

Our Markets

Ground-up Development · Adaptive Reuse · Value Add Acquisitions
  • Chicago
  • Cincinnati
  • Cleveland
  • Columbus
  • Minneapolis
  • Nashville
  • Pittsburgh
  • St. Louis
Our Projects
Albion Bird
Albion Residential: Minneapolis, Minnesota Albion Residential: St. Louis, Missouri Albion Residential: Headquarters in Oak Brook, Chicago, Illinois Albion Residential: Cincinnati, Cleveland, Columbus, Ohio Albion Residential: Nashville, Tennessee Albion Residential: Pittsburgh, Pennsylvania
Albion Residential Commercial Luxury Rental Real Estate Acquisition Development Company

Albion focuses on three types of development to create value for our partners, investors and stakeholders in the community. Ground-up Development, Adaptive Reuse, and Value Add Acquisitions.

Albion

Partners

Compatriot Capital

News

News & Press

Company

ALBION RESIDENTIAL

1211 W 22ND ST, STE 408
OAK BROOK, IL 60523

Contact Albion