01
Off-Market Acquisitions
Discreet sourcing of assets before, or without, a broad marketing process, where entry terms are negotiated rather than auctioned.
MurivestUnited States
Buy the asset you underwrote, not the one you were shown.
Murivest is the independent buy-side adviser for institutional investors, family offices and private principals acquiring US multifamily and commercial real estate. We define the brief, source against it, underwrite with discipline and coordinate the licensed professionals who close.
Acquisition Strategies
One mandate, mapped to the right risk posture.
Capital seeking US real estate deploys across a spectrum of risk and return. We organize each mandate around the strategy that fits your objectives and apply the same sourcing and underwriting standard to all of them.
02
Stabilized Assets
Income-producing assets for core and core-plus mandates, where the durability of cash flow is the governing constraint.
03
Value-Add
Assets with a defined operational or physical improvement thesis: lease-up, repositioning or capital-expenditure-led basis recovery.
04
Opportunistic
Complex, time-sensitive or structurally mispriced situations that demand conviction, structuring skill and speed of execution.
05
Distressed
Challenged assets, workouts and recapitalizations, approached with heightened diligence on title, debt and the path to resolution.
The price you pay is set at the table. The return you earn is set before it. Define the brief first.
Outline an Acquisition MandateCore US Focus
The multifamily acquisition brief.
Apartments are where Murivest concentrates its US work. A well-built acquisition brief answers six questions before a single property is reviewed.
Investors who define these points in writing source faster, underwrite more honestly and walk away from poor fits sooner, which is where most acquisition value is protected.
US Multifamily Sector01
Market & Submarket
Metro and submarket selected on supply pipeline, employment base and absorption, not on national headlines.
02
Class & Vintage
Garden-style, mid-rise or high-rise; the age of the asset and the capital it will need over the hold period.
03
Scale
Unit count and deal size matched to your equity, your debt appetite and your appetite for management intensity.
04
Business Plan
Stabilised income, light value-add or heavy repositioning, each with its own risk, timeline and capital plan.
05
Leverage & Debt
Agency, bank, bridge or assumed debt, sized to the asset’s cash flow and tested against the downside case.
06
Hold & Exit
The intended hold period and the exit route, including a future 1031 exchange if tax deferral is part of the plan.
The Murivest Method
Sourced against a mandate. Underwritten with discipline.
The best acquisitions are rarely the ones everyone can see. Our approach is built to protect capital before it pursues return.
01
Mandate-Led Sourcing
We source against a written brief, through owners, operators, lenders and licensed brokers, so you see opportunities that fit rather than a general deal feed.
02
Underwriting Discipline
Every target is tested in an assumption-transparent model. We underwrite the downside first, then the basis, then the upside.
03
Buyer-Side Alignment
We advise the buyer. We hold no proprietary inventory and run no sell-side book, so there is no conflict with your objectives.
04
Outcome-First Structuring
From entity structure to closing mechanics, coordinated with your counsel and tax advisers, the transaction is built around the return you are mandated to deliver.
How We Engage
From brief to closing, in four stages.
01
Define the Brief
A confidential consultation to set return targets, markets, asset profile, leverage and timeline. Scope and fees are documented before work begins.
02
Source & Screen
Opportunities are screened against the brief and presented with a concise underwriting summary, not a marketing package.
03
Underwrite & Decide
Full underwriting, downside cases and structure options on the shortlisted assets, so the decision to proceed is made on evidence.
04
Negotiate & Close
Licensed US professionals negotiate and paper the transaction. We coordinate counsel, lenders, intermediaries and brokers through diligence to closing.
Sector Coverage
Multifamily first. Selective across the rest of US real estate.
Each sector carries distinct supply dynamics, tenant credit and capital requirements, and is underwritten on its own merits.
Who We Advise
Built for buyers who cannot compromise on basis or process.
Our mandates suit principals who value discretion, speed and analytical conviction over a generic deal feed.
01
Institutional Investors
Allocators seeking exposure from core to opportunistic, with institutional-grade process and independent underwriting.
02
Family Offices & UHNW Principals
Direct investors pursuing concentrated, conviction-led positions with the support of an independent adviser, including non-US principals.
03
Sponsors & Operating Partners
Operators who want a sourcing and underwriting extension of their own team across several live mandates.
Related Mandates
Acquisition does not exist in isolation.
Most acquisitions connect to capital structure and, eventually, to an exit. We keep the advice aligned across the full lifecycle.
Institutional Enquiries
Acquisition Advisory: Frequently Asked Questions
Direct answers on how a buy-side mandate works and what we do not do.
What is buy-side acquisition advisory?
Buy-side acquisition advisory is independent support for a buyer of real estate: defining the acquisition brief, sourcing and screening opportunities, underwriting them, structuring the transaction and coordinating the professionals who negotiate and close. The adviser works for the buyer and holds no inventory.
What should an investor define before acquiring US multifamily?
The target market and submarket, asset class and vintage, unit count and deal size, the business plan (stabilised, light value-add or heavy repositioning), the leverage and debt type, and the hold period and exit route. A written brief on these six points makes sourcing and underwriting far more efficient.
Does Murivest source off-market deals?
Murivest sources against a written mandate through owners, operators, lenders and licensed brokers, which includes opportunities that are not broadly marketed. Availability depends on the market and the brief, and no specific pipeline is guaranteed.
Is Murivest a licensed US real estate broker?
No. Murivest provides advisory services. Where a licence is required to negotiate or close a purchase, a licensed US real estate professional performs that function alongside Murivest and the investor’s own counsel.
Can non-US investors work with Murivest to acquire US property?
Yes. Murivest advises non-US principals and family offices and coordinates with US tax and legal specialists on matters such as FIRPTA, entity structure and home-country tax treatment. Murivest does not itself provide tax or legal advice.
How does Murivest charge for acquisition advisory?
Every engagement begins with a written mandate that documents scope, responsibilities and fees before any work starts.
Continue Reading
Important Notice
Murivest provides advisory services and is not a tax adviser, securities broker, mortgage broker, appraiser or licensed US real estate broker. It works alongside the investor’s own advisers and appropriately licensed US professionals, who perform any function that requires a licence. This page is general information and not tax, legal or investment advice. Past or described strategies do not guarantee any outcome or the availability of any opportunity.
Last reviewed .
Engage Murivest
The deals you decline define the portfolio you build.
Tell us the return profile, sector and geography you intend to deploy into. We will help you define the brief and set the scope in writing before any work begins.