Strategic Properties of North America

About Strategic Properties of North America

Strategic Properties of North America is a real estate operator headquartered in Lakewood, NJ. Strategic Properties of North America operates in Chicago, Illinois, Cleveland, Ohio and Indianapolis, Indiana. Its investment focus is on Condominiums, Multifamily - Value-Add and Urban Office.

Strategic Properties of North America (SPNA) is a privately held real estate investment firm founded in 2003 and based in Lakewood, New Jersey, with more than 22 years in operation. The company focuses on value-add multifamily investments, specializing in large-scale condominium deconversions and repositioning class A and B assets in high-barrier, urban Midwest and select secondary markets such as Chicago, St. Louis, Cleveland and Indianapolis. SPNA emphasizes acquiring institutional-quality assets at discounts to replacement cost, then executing intensive operational and capital-improvement programs. Since inception, SPNA’s leadership team has amassed over 50 years of cumulative real estate experience and has acquired more than $1 billion in assets and 7,000+ apartment units across the United States. The firm’s portfolio has included towers like Cityfront Place and Wave Apartments in Chicago and major communities such as The Meadows and Vanguard Heights, typically ranging from 100 to 500+ units per each property asset nationwide.

Principals at Strategic Properties of North America