92
WEST
Regional
COLORADO
Guardian Residential Closes $11.5M Fund
Denver, Colorado-based private real estate investment firm Guard-
ian Residential announced the closing of its inaugural fund, which is
tied to the acquisition of $11.5 million in assets from Dream Finders
Homes. In a statement, the company said that it closed a sale-leaseback
transaction with Dream Finders Homes on 23 homes across seven
states. In the transaction, Guardian purchased model homes from
Dream Finders and simultaneously entered into lease agreements,
allowing the builder to utilize the homes as sales offices for up to three
years.
"I couldn't think of a better partner to close our first deal," said
Dennis Cisterna, CEO of Guardian. "Dream Finders is a top-flight
builder, and Patrick's firm is a great example of the caliber of builder we
look to work with to grow our investment profile. In this transaction,
Guardian was able to obtain a portfolio of high-quality homes in strong
markets with guaranteed revenue that will provide a strong return
for our investors. Between our sale-leaseback and SFR build-to-rent
platforms, we offer a unique opportunity to homebuilders and investors
as we continue to expand our portfolio of residential real estate assets."
"We are excited to partner with Dennis and Guardian on this
model home sale-leaseback transaction," stated Patrick Zalupski, CEO
of Dream Finders Homes. "e portfolio includes some of our best
constructed and well-designed homes across our national footprint.
e transaction allows us to redeploy our capital into new communities
and continue our growth trajectory."
Upon launch of the company, Guardian said that it had secured
equity commitments from firms in the SFR sector, including the
founders of Dominion Group, LandCap Partners, Pintar Investments,
and Kinloch Partners.
Guardian Residential invests in properties through the principles of
institutional data-driven investment analysis with boots-on-the-ground
operational experience and meticulous asset management to deliver
robust, risk-adjusted returns.
