During the acquisition cycle, PPA utilizes a wide variety of financing sources to optimize a given property’s return. These sources may include use of registered offerings, institutional lenders, private investors and/or tax-deferred exchanges. Many times an interim financing strategy is utilized in order to provide the time necessary to renovate and upgrade the property prior to a secondary round of more permanent financing.

PPA maintains a high degree of liquidity, which helps the Company move quickly and aggressively on attractive purchase opportunities. Third-party investors will sometimes provide capital to the Company for various purposes, including the expense of renovations and portfolio management. These private investors are secured by a specific property and earn an attractive interest based return for a predetermined period.