BH Properties Launches Multifamily Investment Platform

BH Properties Launches Multifamily Investment Platform
News| June 10, 2025| Paul Bubny
California & West + Apartment Buildings

BH Properties, a privately held, vertically integrated, value-driven real estate investment firm headquartered in Los Angeles, has launched Haven Housing, a multifamily investment platform focused on acquiring, enhancing and operating both market-rate and affordable communities throughout the western U.S. The announcement coincides with the appointment of industry veteran Connor Mortland as managing director and head of affordable housing acquisitions, based in San Diego

Haven Housing’s acquisition strategy focuses on 100-unit-plus garden-style communities with value-add potential, particularly in high-barrier, high-demand metros. The platform is seeded with 2,500 units, targeting A and B class properties in Texas, Arizona, Nevada, Oregon, Washington, Colorado and Utah.

Mortland brings nearly eight years of multifamily acquisition and asset management experience. Most recently, he served as SVP of investments at Avanath Capital Management, where he led the acquisition of over 4,300 units valued at more than $1 billion.

“Haven Housing allows us to operate with clarity and focus in the residential sector,” said Jim Brooks, president of BH Properties. “Connor’s appointment brings both leadership and depth to this platform. His proven track record in sourcing, acquiring, and managing affordable communities aligns perfectly with our growth strategy.”

Be there on June 18 when BH Properties president Jim Brooks joins other CRE leaders for the “View from the Top” panel discussion during the 9th Annual Connect Los Angeles 2025, June 18 at the Intercontinental Los Angeles Downtown. Register to attend and hear expert insights first-hand, network with the best in the industry, and sit in on discussions you won’t hear anywhere else.

Other News

Multifamily Refinancing Squeeze: 41% Higher Costs, $6.8B Equity Gap

Apartment Buildings

Multifamily owners with loans coming due are faced with higher refinancing costs. While this isn’t news, Newmark put numbers to the issue, indicating that loans maturing in Q3 2026 carried an average interest rate of 4.04%, compared to 5.69% on new loans at an average cap rate of 5.5%, resulting in negative leverage. At the...

Learn more

Mortgage Rates Tilt Demand Toward Multifamily: Marcus & Millichap

Apartment Buildings

An increase in mortgage rates is cooling home sales, with multifamily the biggest beneficiary, according to John Chang, senior vice president at Marcus & Millichap. In a recent video, Chang said that the 10-year Treasury has risen by more than 100 basis points, and the 30-year mortgage rate is up about 130 bps to the...

Learn more

Revere, MA Weighs 1,700-Unit Housing Project

Boston & New England + Apartment Buildings

The city of Revere is eying a large redevelopment plan that would create 1,700 new affordable and market-rate homes about five miles northeast of downtown Boston. The Revere Housing Authority presented a proposal to the Revere City Council last week requesting a zoning change that would allow for development on a 40-acre site at Cooledge...

Learn more
New call-to-action

Brokers

View All

Lenders

View All