Flora | Hunter Investment Group

Building Enduring Value Together

Disciplined investing. Thoughtful stewardship. Enduring value.

Our Approach

A Disciplined Approach to Enduring Value

Flora Hunter Investment Group is a private multifamily real estate investment firm that leverages proprietary data and analytics to uncover opportunities in emerging growth markets before institutional capital drives broader competition. We pursue operations-led value creation in secondary and tertiary markets.

Our work is grounded in discipline and stewardship. We maintain conservative leverage, apply a data-driven approach, and selectively partner with experienced third-party property managers whose capabilities and operating approach align with our vision for each investment. This approach is designed to create controllable value independent of cap-rate compression or market volatility.

Modern multifamily apartment community
Apartment living space

Disciplined, Data Driven Approach

Market selection and underwriting are driven by data and analytics rather than broker narrative.

Operations-Led Value

Value is created through hands-on business plans executed with carefully selected, experienced operators.

Controllable Value

Focus remains on outcomes within our control, independent of cap-rate compression.

The Four Filter Market Test

Every market we enter must pass our four-filter screen.

We Follow Data, Not Headlines

We underwrite nationally and allocate capital where supply, employment, population, and regulation align concurrently, without regional constraint.

The resulting market set is not fixed. As delivery pipelines clear, employment bases shift, and state-level policies change, different markets rise to the top.

National experience Secondary & tertiary focus

Prior Experience

Drag the handle to see results.

Clubhouse before renovation
The same clubhouse after renovation
Previous Project in Jacksonville, FL · Clubhouse
Unit interior before renovation
The same unit interior after renovation
Previous Project in Jacksonville, FL · Unit interior
Clubhouse lobby before renovation, with dated wood trim and tile flooring
The same clubhouse lobby after renovation, refinished in white with new seating
Previous Project in Dallas, TX · Clubhouse and lobby
Suite interior before renovation, with dated furnishings and carpet
Renovated apartment interior with new flooring and finishes
Previous Project in Dallas, TX · Unit interior

Austin, TX

Extended-stay to multifamily conversion

Units
96
Vintage
1984
Acquired
2021
Exited
2022

A former extended-stay hotel converted and renovated into a 96-unit multifamily community adjacent to a mall redevelopment, roughly ten minutes north of downtown. The business plan centered on acquiring below replacement cost, rezoning and converting to multifamily, then driving management efficiency. An unsolicited 1031-exchange offer above underwritten value prompted a sale.

Realized results

•••Gross IRR
•••Equity multiple
•••Realized proceeds

Overland Park, KS

Extended-stay to multifamily conversion

Units
109
Vintage
1991
Acquired
2021
Refinanced
2024

A former extended-stay hotel a half mile from a major office park and inside the top-ranked school district in the metro. Interiors were taken to new flooring, updated kitchens, in-unit washer-dryers, a renovated clubhouse, and a full amenity refresh. Stabilized in 2023 and refinanced onto long-term agency debt in 2024.

Stabilized results

•••Cash-on-cash
•••Debt yield
•••Yield on cost

Buffalo, NY

Extended-stay to multifamily conversion

Units
112
Vintage
1992
Acquired
2021
Refinanced
2024

A former extended-stay hotel on a 3.39-acre site, four tenths of a mile from a state university with enrollment above 31,500. The same renovation scope was applied: flooring, kitchens, in-unit laundry, clubhouse, and amenities. A discounted summer-rate concession strategy smoothed the seasonal swings of a student-heavy submarket.

Stabilized results

•••Cash-on-cash
•••Debt yield
•••Yield on cost

Reflects prior experience completed at a previous firm. Past performance is not indicative of future results.

States with Prior Experience

Select any highlighted state for detail on the work it involved.

States with prior experience

Join Our Investor Club

Our investor club is how we build relationships over time. Members receive our full firm overview, quarterly updates on the markets, and an introduction to our team.

Full Firm Overview

Our complete overview, covering strategy, market framework, and operating approach.

Quarterly Updates

Quarterly updates on supply, employment, and demographic conditions across the markets.

Direct Introduction

A conversation with us to understand your mandate and get aligned.

Or email us directly at ir@florahunterig.com

Joining is an informational request only. It is not an offer to sell or a solicitation of an offer to buy any security.