Attractive Industry Dynamics
Yield spreads to gateway markets remain wide on a risk-adjusted basis, the supply of high-quality, moderately priced multifamily is limited, and attitudes toward home ownership continue to shift toward renting.
About the Firm
A Privately Held Firm Shaped By Five Decades Of Execution.
Principal track record
The figures below reflect results achieved by VDB principals prior to and outside VDB Asset Management. They are principal experience, not a current platform portfolio. Past performance is not indicative of future results.
VDB's principals have owned, developed and managed over 110 properties and more than 30,000 multifamily residential and condominium units, with a further 20,000+ units under third-party management. Across five decades that work represents more than $4.5 billion in real estate assets, substantially more at current valuations, held in partnership with institutional and private investors.
On a realized, portfolio basis, those partnerships have returned an average internal rate of return (IRR) of 15.9% and a 3.19x equity multiple.
Sponsor Highlights
A Proven Operator Executing Where Market Dislocation Creates Opportunity.
A Strategy Tested Over Five Decades
We invest in high-growth markets our leadership knows first-hand, concentrating on submarkets with strong demand and fewer well-capitalized buyers.
Long-Tenured Leadership
A senior team that has worked together for decades, with relationships that source opportunities directly as well as through selective processes.
Active Pipeline
A rolling, actionable pipeline of roughly $500M, geographically diverse and weighted toward Class A trophy assets.
Fully Integrated Platform
In-house asset management, construction oversight, accounting and reporting, paired with long-standing property management relationships.
Hands-On Execution
Principal-owned and operated, with sponsor capital in every transaction. Returns are balanced between current cash flow and asset appreciation.