In selecting operators for our network, we look for integrity, excellent reputation, vertical integration, solid & deep track record, and reliable infrastructure.
The operators in the Polaris network have been carefully pre-qualified and selected, and we maintain close communications and relations with all of them. Polaris only admits new operators to its network after months of due diligence and dialogue.
At present, Polaris is working with seven vertically integrated operators:
- Their head offices are in Atlanta (3 operators), Houston, Miami, Philadelphia (2 operators), and San Antonio
- Their operations span the states of Alabama, California, Colorado, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Michigan, Missouri, North Carolina, Nevada, North Carolina, Oklahoma, Tennessee, Texas, Virginia
- Their individual portfolios range from 3,000 to 44,000 apartments
- They have closed transactions with Freddie Mac, Fannie Mae, and most national lenders of the Multifamily sector