Growth in Asset Portfolio VareCo has expanded its assets significantly, with a portfolio now exceeding $80 million in assets under management and over 750 apartments across Denver and Des Moines. This indicates a strong growth trajectory and potential for further property acquisitions and portfolio diversification.
Recent Capital Infusions The company secured $55.2 million in financing for the refinancing of The Iris, a sizable 276-unit multifamily community. Opportunities exist to offer additional financial solutions such as refinancing, project loans, or equity partnerships to support ongoing acquisitions and developments.
Targeted Regional Focus VareCo focuses on the Denver and Des Moines markets, both of which have shown resilience and growth potential in multi-family real estate. This provides a strategic entry point for real estate services, property management, and regional market intelligence solutions.
Tech-Enabled Operations The company's tech stack includes tools like Vue.js, PHP, and Microsoft solutions, indicating a willingness to leverage technology for operational efficiency. Offering innovative PropTech solutions, data analytics, or software to streamline property management and investment analysis could align well with their digital initiatives.
Financial Performance With revenues between $25 million and $50 million, VareCo demonstrates solid financial health and active deal-making. This positions them as a reliable partner for high-value real estate investments, co-investments, and professional financial services tailored to mid-market firms.