We concentrate our investments in asset-backed alternative investments, value-add, cash flowing single family and multi-family income producing properties, and new development build-for-rent communities.
KeyCity currently targets acquisitions in the A, B & C class markets, which cover a wide range of properties—from newer, turnkey builds that attract higher-income renters, to older properties, often without professional property management, that may cater to lower-income renters and likely require renovations. While B- and C-class properties typically have the largest product demand with the lowest supply, we are also seeing a marked increase in A-class properties. We believe this is due to several factors, in particular the growing U.S. populations who do not or cannot own their own homes—whether the result of financial issues or a desire for greater freedom that comes from renting as opposed to buying—creating a consistent market need for properties in these markets.
KeyCity takes a holistic approach to property acquisition and management, starting with a proven methodology for selecting well-positioned acquisitions. New properties benefit from smart upgrades, a comprehensive property management approach, and full-service construction resources.
KeyCity Capital created geographical target criteria using a formula based on those used by regional banks when targeting locations for branch cities and locations. We primarily focus on properties that show signs of growth and support for innovation, located in areas that are home to institutes of higher education, medical campuses, multiple large employers, a network of local and national banks headquartered nearby. Areas that meet these criteria support a range of employment needs, driving the need for affordable housing.
KeyCity is committed to making each step of the rental process easy for our tenants while providing well-maintained units designed with their needs in mind. KeyCity Property Management provides a range of services including marketing, applicant screening, rent collection and maintenance, while also maintaining strong relationships with our tenants to ensure their needs are being met.
KeyCity Construction Management is a full-service construction, remodel and restoration company. With resources including its own warehouse, interior designer and on-site specialists in flooring, cabinetry, tile, granite, countertops and lighting, KeyCity Construction stands out for its individualized service and ability to keep costs down by maintaining all services in-house. In addition to our renovation services, our team is also skilled in storm damage repair and roofing needs.
Multimedia
August 27, 2024
In this insightful interview, Tie Lasater, CEO of KeyCity Capital, joins Hugh Hewitt on The Hugh Hewitt Show to discuss critical issues affecting the housing market, including rising interest rates, apartment vacancies, and the changing...
Multimedia
August 16, 2024
In this enlightening conversation, Stephen Patterson, Chief Client Officer of KeyCity Capital, joins Hugh Hewitt on The Hugh Hewitt Show to discuss how investing in rental properties in the Sun Belt can provide lucrative opportunities...
Blog Posts
August 15, 2024
It’s been almost a year since the last increase in interest rate by the Fed. Inflation was moving at an unsustainable pace and the labor market was red hot. By all standards, the economy was...
Set up a meeting with a member of the KeyCity Capital team to get started.
**Disclaimer FOR ACCREDITED INVESTORS ONLY WRITTEN PROOF OF ACCREDITED INVESTOR STATUS MUST BE PROVIDED An accredited investor, in the context of a natural person, includes anyone who: • earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, • has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR • holds in good standing a series 7, 65 or 82 license with a registered broker dealer. On the income test, the person must satisfy the thresholds for the three years consistently either alone or with a spouse or spousal equivalent, and cannot, for example, satisfy one year based on individual income and the next two years based on joint income with a spouse or spousal equivalent. The only exception is if a person is married within this period, in which case the person may satisfy the threshold on the basis of joint income for the years during which the person was married and on the basis of individual income for the other years. In addition, entities such as banks, partnerships, corporations, limited liability companies and nonprofits must satisfy their own accredited investor criteria. Of the entities that would be considered accredited investors and depending on your circumstances, the following may be relevant to you: • any trust, with total assets in excess of $5 million, not formed specifically to purchase the subject securities, whose purchase is directed by a “sophisticated person.” In this context, a “sophisticated person” means the person must have, or the company or private fund offering the securities reasonably believes that this person has, sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of the prospective investment. • Any entity in which all of the equity owners are accredited investors. Source: Investor.gov