MIAMI—Multifamily assets with a value-add twist are more difficult to come by now that most of the distressed commercial real estate assets have been snapped up. But IHT Capital Advisors just closed on three of them—a 231-unit complex In Huntsville, AL, and two communities—one 102 units and one 128 units—in Gainesville, FL.

“We expect to continue to garner a great deal of interest from investors looking for the higher returns that value-add properties in emerging markets can generate,” IHT principal Dan Summers tells GlobeSt.com. “These assets are undergoing capital improvements, including significant rehab, which will allow new management to concentrate on operations and resident retention.”

What is IHT's secret sauce? The firm focuses on value-add, off-market opportunities in emerging and secondary markets across the Southeast.