Clear Sky Capital Inc. specializes in the acquisition of multi family residential and commercial real estate in underserved or imbalanced markets. Based in Phoenix, Clear Sky Capital Inc. provides asset and construction management, in addition to capital investment services.
The company’s multi-family real estate investments focus on identifying undervalued or underperforming apartment complexes with high potential, and increasing their value through hands-on management and innovative programs that improve the quality of life for their residents. When necessary, Clear Sky also undertakes construction projects ranging from unit improvements to full-scale property redevelopment. This strategic approach, which is designed to maximize the properties’ value within two years from the date of acquisition, provides long term benefits for both the community and the firm’s clients.
The company’s recent acquisitions include the $4 million, 68-unit Country Club Greens in Mesa; the $7.5 million, 120-unit Heritage Square in Gilbert; and the $6.25 million, 125-unit Mission Palms in Phoenix.