PRESS RELEASES

PIA Group USA Completes Portfolio Transformation with Yardi Matrix

For Immediate Release PIA Group USA Completes Portfolio Transformation with Yardi Matrix Private equity real estate investor gains comprehensive property-level data for evaluating potential multifamily property acquisitions SANTA BARBARA, Calif., Nov. XX, 2018 – PIA Group USA has completed a decade-long transformation of its portfolio from single family homes to multifamily properties, relying on Yardi®…

July 24, 2018 – Property Investment Advisors Group Sells Portfolio of 200 South Florida Single Family Homes for $47 Million

MIAMI – July 24, 2018 – Property Investment Advisors (PIA) Group, a Miami-based private equity real estate investment firm, has sold one of its portfolios of 200 single family homes in South Florida to Cerberus Capital Management of New York, for $47 million. PIA Group will deploy the proceeds toward the acquisition of additional institutional…

Related News

PIA Group sells portfolio of South Florida rental homes for $47M

Property Investment Advisors Group just off-loaded a trove of single-family rental homes in Miami-Dade, Broward and Palm Beach counties for $47 million. The Miami-based private equity real estate investment firm sold roughly 200 homes to Cerberus Capital Management. The proceeds from the trade will go into the acquisition of additional multifamily assets throughout the southeastern…

Investment Debate Over Houses Versus Apartments Plays Out in Florida

A familiar decision facing many real estate investors across the country is playing out in South Florida: whether to bet the U.S. housing market is peaking and seek more stability in investments like large-scale apartment complexes. Convinced the multifamily market will generate strong returns indefinitely, a 10-year-old private equity investment firm is shedding its portfolio…

Cerberus buys 200 South Florida homes

New York-based Cerberus Capital Management has acquired a portfolio of 200 single-family homes in South Florida for $47 million. Miami-based Property Investment Advisors (PIA) Group had acquired the homes from 2010 through 2013 and operated them as rentals. About 40 percent of them were in Miami-Dade County, another 40 percent in Broward County, and the...

With Portfolio Sale, PIA Group Shifts Focus To MF

MIAMI—Property Investment Advisors Group of Miami has sold a portfolio of 200 single-family homes in South Florida to New York City-based Cerberus Capital Management in a deal valued at $47 million. The deal marks a shift in corporate purchasing strategy for the PIA Group from single-family to multifamily value-add opportunities. PIA Group officials say the...

Track Record

Our track record indicates that through our team of highly experienced professionals we have successfully identified, acquired and capitalized on the market underperforming assets.  Through meticulous underwriting, cost-effective renovation, and efficient property management PIA Group has generated above average risk-adjusted returns for our investors.
PIA prides itself on having the highest standards of integrity and an untarnished reputation that has been built over decades by its principals.  This translates in surety of closing and a fair treatment of our business partners.  We act in a fiduciary capacity to our investors and invest alongside them always maintaining the interests of both in perfect alignment.

Principals

 PIA’s experienced professionals have proven track records, long-term industry relationships, and expertise in the residential market from single family to small and large multifamily assets. Collectively, our senior professionals have over 70 years of experience in the real estate industry.

Value-Add Strategy

Investment in our Value Add strategy will most often follow a buy, fix, and sell business plan.  Value Add opportunities are typically well-located properties that are underperforming due to deficiencies in deferred maintenance or existing management.  PIA will orchestrate upgrade programs to most efficiently capture the rental potential and increase the property value.  Most properties will be purchased with an attractive debt structure and hold periods of three to five years.

Investor Benefits

  • PIA Group’s priority is the preservation and growth of investor capital.  It is our belief that in today’s market, multi-family investments provide the most attractive, risk-adjusted returns when compared to other commercial real estate investments.
  • Returns are comprised of annual operating cash flow including quarterly distributions, plus proceeds from the sale or refinance of the assets.
  • Our company principals invest in all deals and are directly involved on a day-to-day basis, executing with an entrepreneurial, owner/operator mentality.
  • PIA Group’s investment model mandates that all investments generate current monthly “cash on cash” returns for its investors, rather than rely upon highly speculative “back end” projections.

MEDIA

We are here to help you 24/7 with your questions or requests. We will respond promptly and connect you immediately to PIA Group founding principals for comments.

CONTACT

Chris Barnett. chris@cbarnmedia.com or 415-336-5092.