CONFIDENTIAL BUYER BRIEF — MULTIFAMILY MANDATE

The Kaden Team represents a capitalized, actively acquiring buyer pursuing multifamily properties across the free-market and rent-stabilized spectrum[cite: 6]. This buyer underwrites on real economics—actual collections, deferred maintenance, and true condition—and moves decisively when the setup is right.

Acquisition Criteria

• Free-Market: Vacant FM buildings preferred for clean-slate repositioning with no rent-roll baggage.
• Rent-Stabilized: As-is RS assets priced on actual collected rents, with deferred maintenance factored in.
• New Construction: 421-a assets with in-place tax benefits and durable, low-expense cash flow.
• Hybrid FM / RS: Considered case-by-case based on location, regulatory paperwork, and overall setup.

Mandate Parameters

• Pricing Basis: Actual collections
• Condition: As-is welcome
• Status: On / Off-market
• Geography: NY + select U.S. markets