LOS ANGELES--(BUSINESS WIRE)--Tides Equities, a leading Commercial Real Estate Investment Company focused on value-add investments throughout the United States, has earned national recognition by placing in the National Multifamily Housing Council's (NMHC) 2023 Top 50 List, an annual ranking that showcases the top apartment owners throughout the nation. Tides Equities comes in at number 37 in the rankings for 2023.
Tides Equities focuses on acquiring multifamily assets with value-add potential across their target markets, and applies a standardized approach to enhance operational efficiencies and decrease variables in each investment. “Tides continues to believe in the sustained growth of the markets we choose to operate in as they have shown strong underlying fundamentals, while the widespread supply and demand imbalances in housing remain. We couldn’t be more excited for what the future holds for Tides, and we are looking forward to continuing our upward momentum for years to come,” said Co-Founder Ryan Andrade.
Tides Equities' portfolio currently sits at over 31,500 units located across four major markets including Phoenix, Dallas, Austin, and Las Vegas, contributing to its ranking in the NMHC Top 50 List. “We are honored to have received this recognition, which comes after many years of focus and dedication to maximizing efficiency and returning strong value to investors,” said Co-Founder Sean Kia.
Tides Equities continues to add to their team of real estate professionals, with additional plans for hiring in both the short and long term. The firm recently formed a dedicated Portfolio Management division, focusing on performance optimization of the portfolio, and are continuing to make notable hires within the Asset Management division. "We strongly believe in the value of best-in-class human capital, and are thrilled to be in growth mode from a team-building perspective. We not only believe that this is the prudent course of action for the current times, but are keeping an eye toward positioning ourselves for future portfolio expansion as well," said Co-Founder Ryan Andrade.
