Saturday, February 18, 2017

29th Street Capital Expands to Sacramento; Saim Chaudhry to Source Multifamily Deals

Saim Chaudhry
Sacramento, CA – Saim Chaudhry has joined 29th Street Capital as Acquisition Director for Sacramento. Saim is responsible for all facets of the privately-held real estate investment and advisory firm’s activity in the Sacramento market, and will lead all multifamily acquisitions and asset management strategies there.

Growing up in Sacramento, Chaudhry showed a passion for real estate from a young age, acquiring a strong understanding of the overall real estate market and an intimate knowledge of its various neighborhoods.

“Saim allows 29SC to continue to expand its footprint throughout the U.S. and I believe his self-motivating mentality fits in well with our team,” said 29th Street Capital Managing Director Robert Bollhoffer. “We are delighted to open our 13th office and support Saim in growing our platform in Sacramento. We expect he will be a tremendous asset to add to our growing team.”

Chaudhry has a proven track record of sourcing off-market, value-add multifamily properties throughout Sacramento, and consistently providing tremendous value for his investors. His previous work experience includes Golden State Homes and Davis Berk Realty.

“The combination of his local knowledge along with 29SC’s platform allows for an exciting expansion into a new market,” Bollhoffer added.

Robert Bollhoffer
“I am very happy to join a hands-on real estate group like 29th Street Capital and cannot wait to build a presence throughout Sacramento,” Chaudhry stated. “Sacramento continues to exhibit strong fundamentals both in the multifamily sector and the overall economy.”

In addition to sourcing and completing acquisitions, his responsibilities involve end-to-end oversight of projects including the selection of third-party management, supervising all capital projects, marketing/design and eventual disposition.

Formed in 2009, 29SC is a privately-held real estate investment and advisory firm that employs a value-added investment strategy in acquiring properties that fall below the radar of institutional peers.

 29SC’s multifamily portfolio consists of over 7,000 units and it has acquired over 9,000 units across its 12 offices in the U.S. Investments typically require approximately $10 to $50 million of total capital and involve the acquisition or recapitalization of real estate assets, portfolios or platforms.

Learn more about 29SC at

For a complete copy of the company’s news release, please contact: Terri Thornton
Partner, Thornton Communications
Phone: 404-932-4347

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