About Us

Our mission is to educate, advocate, and facilitate multifamily investing. We look forward to working with you in fulfilling your goals through multifamily investing.

Meet the Team

Bruce Warner

Bruce Warner

Chief Executive Officer

Bruce has a background in accounting, tax strategy, consulting, and real estate. At Master Multifamily, he leverages his experience working in the multifamily housing space as a tax and accounting advisor to large apartment complex owners and other real estate investors.
Chad Warner

Chad Warner

President

Chad’s background includes software development, management, business ownership, and real estate investment. At Master Multifamily, he leverages this experience while carrying out the operations of the business on a day-to-day basis.
Jacob Warner

Jacob Warner

VP Operations

Jake has a background in executive management, finance and economics, accounting, and operational management. At Master Multifamily, he utilizes his experience to work with property managers, review financial performance, and to help analyze prospective deals.
Kristi Porter

Kristi Porter

VP Marketing

Kristi has a background in educational consulting and leadership, professional development, and floral design. Kristi has presented nationally at conferences for educational leaders and professionals.

At Master Multifamily, Kristi provides consultation to investors and business partners. She oversees development and editing of company communications. In addition to education consultant services, Kristi assists with design elements for real estate projects.

Ray Warner

Ray Warner

VP Finance

Ray has a background in marketing, accounting, and technology management. Ray utilizes his background during his work at Master Multifamily to: oversee website content, communicate with investors, perform financial analysis, and handle market research.
Zach Warner

Zach Warner

Marketing/Design Analyst

Zach has a Bachelors’ degree from Brigham Young University in Asian studies with a focus on China. He is currently studying at Utah State University to receive a Master’s degree in Landscape Architecture. As part of his studies he is putting an emphasis on residential and community design.

As part of Master Multifamily, Zach is an employee and oversees project interior and landscape designs. He also is responsible for overseeing investor communications and marketing.

Christian Porter

Christian Porter

Board Member

Christian’s background includes transportation logistics, account development and recovery, and business management.

Christian provides consultation to Master Multifamily regarding the scheduling of materials, and contractors. Christian also serves as a member on the Board of Directors.


Our Method

Simplify Real Estate Investing
Capture Tax Advantaged Cash Flows and Equity Growth
Facilitate Permanent Wealth Through Equity Harvesting and Tax Deferrals
Provide Access to Solid Multi-Family Investments in the Best U.S. Markets
Maximize Sources of Returns: Cash Flow, Equity Growth, Appreciation, Tax Benefits and Smart Management

Our Acquisition Criteria

Master Multifamily leverages an existing private capital pool to acquire well-located multifamily assets in select markets.


Build Year 1980-2007
Garden Style
Pitched Roofs
C+ to A- Asset
B to A Market
65-250+ Units
Market Performing or Value-Add

Build Year 1980-2007

The properties we select will be in this age range because properties older than 1980 are likely to possess unacceptable environmental risks. Properties newer than 2007 are costly per unit and usually lack the appreciation potential we plan to harvest for our investors.

Garden Style

Garden Style apartments of 2-3 stories are attractive to renters and do not contain costly-to-maintain elevator systems. The inventory of this style of apartments is large in the major metropolitan areas we target for investment.

Pitched Roofs

Pitched roof buildings experience lower maintenance costs than flat roofs. The condition of these roofs can be readily evaluated during due diligence, and repairs are easy to perform.

C+ to A- Asset

We target to acquire multifamily apartments with significant appreciation potential that are attractive to renters. Appreciation potential directly relates to increasing revenues or lowering operating costs because multifamily apartment values are a function of net operating income. To reduce risk we seek to minimize the cost of upgrades at less than $5,000 per unit. The sweet spot for favorable economic characteristics is apartments fitting within the C+ to A- quality range.

B to A Market

As is often said about real estate, the three most important rules are location, location and location! A mistake about the property location can’t be fixed by better management. An outstanding location minimizes vacancies and leads to the potential for strong rental rate increases. We aim to acquire properties in locations where outstanding property management is available, and competing properties are also attractive. We look for quality educational opportunities in the area, outstanding health care services and higher end retail facilities. We target acquisitions in areas with strong “in migration” statistics, low unemployment, income growth and other favorable economic quality factors.

65-250+ Units

Size of the apartment projects we own matters because each project must be large enough to warrant on site marketing and building maintenance to enable effective and efficient property management. To acquire very large projects, enormous capital investments must be made, but more importantly, competition to purchase such projects is intense, with competition from real estate investment trusts, insurance companies and other institutional funds.

Market Performing or Value-Add

We acquire properties that are performing solidly in their market, or that provide opportunities to add to market value. Examples of value-add projects include those whose rents are below market, whose economic vacancy is above the market or which provide cost reducing opportunities. Often improvements may be made to common areas or to kitchens within the apartments that can add to value. Operating expenses may be lowered by measures such as reducing utility costs, appealing property tax valuations, and improving basic building operating systems.

Active Markets

Discover what makes these markets uniquely well suited for multifamily real estate investing

Atlanta, GA

Atlanta-Sandy Springs-Roswell, GA

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Austin, TX

Austin-Round Rock, TX

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Columbus, OH

Columbus, OH

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Dallas

Dallas-Fort Worth-Arlington, TX

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Houston

Houston-The Woodlands-Sugar Land, TX

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Nashville, TN

Nashville-Davidson–Murfreesboro–Franklin, TN

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Salt Lake City

Salt Lake City, UT

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San Antonio, TX

San Antonio-New Braunfels, TX

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Louisville, KY

Louisville/Jefferson County, KY-IN