ENDURA CAPITAL INVESTMENTS
Transforming South Florida’s Undervalued Properties Into High-return Assets
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ABOUT OUR COMPANY
ENDURA CAPITAL INVESTMENTS is a real estate company that focuses on acquiring distressed properties, including those in bankruptcy, foreclosure, or pre-foreclosure.
Once we secure these properties, our team carries out comprehensive renovations and rehabilitations to realize their full potential.
Depending on current market conditions, we strategically position the properties for long-term rental, Airbnb listings, or sale to maximize returns.
OUR EXECUTIVE PROFILE
LYNN NUNES
Director
STEPHEN ALBERTINE
CEO
MARI JULIETTE
Manager
Over 50 years of combined real estate experience
Expertise in real estate investing, reducing operational costs
Combines deep market knowledge with strategic insight
Delivers high-impact results
Holds several key licenses to enhance business capabilities
LICENSES
Endura Capital Investments holds multiple licenses across various jurisdictions and regulatory categories, enabling the firm to engage in a comprehensive range of property -related activities.
1
Licensed Real Estate Broker
A licensed real estate broker is authorized to legally manage and oversee property transactions, supervise agents, and ensure compliance with real estate laws, providing expertise and consumer protection in the industry
2
Licensed Contractor
A licensed contractor is legally authorized to perform construction work, ensuring compliance with safety codes and quality standards while protecting consumers.
3
Licensed Attorney and Prpoerty Manager
A licensed attorney provides legal expertise and ensures compliance in real estate matters, while a licensed property manager is authorized to professionally manage rental properties and tenant relations.
TARGET MARKET AND INVESTMENT STRATEGY
Endura’s strategy focuses on value-added multi-family properties in South Florida, leveraging forced appreciation, capital improvements, and population growth
Endura’s target market is valueadded multi-family properties in South Florida, specifically 10–100- unit apartment buildings, with a focus on areas like Pompano Beach. The strategy targets regions benefiting from:
- Business-Friendly Environment: (e.g., no state income tax).
- Changing demographics: as South Florida transitions from a retirement destination to a family-oriented, growth-driven community.
Endura employs a value-add investment strategy centered on three core components:
- Forced Appreciation: Increasing belowmarket rents to match market rates, enhancing property value
- Capital Improvements and Amenities: Upgrading facilities and adding amenities to boost appeal and rental rates
- Population Growth : Capitalizing on South Florida’s growth driven by job opportunities, development, and new residents, positioning these properties to meet rising demand
KEY FORCES SHAPING SOUTH FLORIDA’S REAL ESTATE MARKET:
South Florida’s Real Estate Market is Being Propelled by Rising Home Values, Strong Economic Expansion, and Changing Population Dynamics—creating Heightened Demand in an Environment Where Housing Supply Remains Tight.
Continued Price Growth Amidst Supply Constraints in South Florida
- The median sales price for single-family homes in South Florida is expected to rise by 6.9% in 2024 and 10% by 2025, reflecting sustained appreciation.
- In Pompano Beach, home prices climbed 9.9% year-over-year, reaching $390,000, with price per square foot up 4.6%.
Economic Growth and Favorable Mortgage Rates
- Anticipated job growth of 2.4% by 2025 in sectors like finance, technology, and healthcare is expected to bolster housing demand
- Mortgage rates, currently around 7%, are projected to decrease to 6.6% by end-2024 and 5.7% by 2025, stimulating demand
- South Florida’s unemployment rate stands at a low 3.2%, indicating a strong economy
Demographic Trends Driving Multifamily Demand
- South Florida’s population is growing by over 2% annually, attracting domestic migrants and international buyers
- Millennials, burdened by student debt averaging ~$30,000, and baby boomers downsizing for amenities, prefer rentals—65% of millennials are renters
- Median home prices have surged 30% over the past decade, while wages rose only 11%, widening the affordability gap and pushing more people toward renting
KEY CHALLENGES AND EMERGING OPPORTUNITIES SHAPING SOUTH FLORIDA’S REAL ESTATE MARKET:
Rising Insurance Premiums Impacting Ownership
- Florida homeowners face average insurance premiums projected to hit $11,759 by the end of 2024, more than four times the national average of $2,377
- About 70% of homeowners report rising costs or changes in coverage, straining finances and prompting some to sell, increasing the availability of distressed properties.
New Condominium Law Creating Investment Opportunities
The law requires buildings over 30 years old and taller than three stories to undergo inspections every ten years
Associations must fully fund repair reserves, leading many to raise fees and impose special assessments
Florida has 50% more financially weak associations than other states, with many having less than 30% of the required reserves
~20% of Florida associations have only 0–10% of necessary repair funds, resulting in higher fees and prompting sales
Market Challenges and Rise of Distressed Properties
- In July 2024, lenders took action on around 21,870 properties, an 18% rise from June and a 4% increase year-over-year
- By August 2024, the distress rate in commercial real estate hit 9.1%, with office properties at 13% and multifamily properties jumping from 2.6% to 11%.
- South Florida has one of the highest foreclosure rates, with 1 in every 2,429 housing units under foreclosure as of August 2024
OPPORTUNITIES IN THE SOUTH FLORIDA REAL ESTATE MARKET
Why South Florida is Prime for Multi-Family Investments?
Population Growth:
Strong migration driven by job opportunities and lifestyle appeal fuels sustained housing demand.
Under-Market Rent Opportunities:
Many units are rented below market value—ideal for immediate rent increases and property value enhancement.
Major Developments:
Ongoing infrastructure and residential projects boost supply and demand, especially in multi-family sectors.
OUR GOALS
To raise $5 million in capital, with the following structured compensation framework for investors:
ALTERNATIVE COMPENSATION STRUCTURE:
Featuring strategic fees across the investment lifecycle
MANAGEMENT FEE (2% ANNUAL FEE)
The General Partner (“GP”) shall be entitled to a 2% annual management fee, calculated on committed or invested capital (as specified in the governing agreement).
ESCROW INTEREST (100% to LP at MARKET RATE
While investment funds are held in escrow and prior to deployment into specific investments, investor contributions shall be deposited into an interest-bearing account.
PREFERRED RETURN (7% to LPs)
After investments are deployed, LPs shall be entitled to a 7% cumulative, noncompounding preferred return on their contributed capital.
GP CATCH-UP
(3% to GP)
Following satisfaction of the LPs’ 7% preferred return, 100% of subsequent distributions shall be allocated to the GP until the GP has received an amount equal to 3% of total distributable profits.
RESIDUAL SPLIT (70% LP / 30% GP)
THIS TIMELINE DELIVERS CLEAR INVESTOR EXPECTATIONS FOR RETURNS THROUGH CASH FLOW AND ASSET DISPOSITION, WITH CAPITAL RAISED OVER A TWO-YEAR PERIOD.
(6 Months) Raising Capital
Focus: Secure investment commitments and finalize funding to support acquisition and operations.
(6 Months) Execution
Action: Acquire, rehabilitate, and manage distressed properties to generate immediate income and build value.
(6–12 Months) Exit Strategy
Outcome: Sell or refinance assets based on market conditions — maximizing returns and returning capital to investors.
PROVEN TRACK RECORD: KEY METRICS SHOWCASING THE SUCCESS OF ENDURA CAPITAL INVESTMENT STRATEGIES
South Florida’s Real Estate Market is Being Propelled by Rising Home Values, Strong Economic Expansion, and Changing Population Dynamics—creating Heightened Demand in an Environment Where Housing Supply Remains Tight.
Property Appreciation (%)
This KPI measures the increase in property value from purchase to the current value over time.
Gross Rental Yield (%)
This metric compares annual rental income to the property’s current value, indicating income generation efficiency.
Debt-to-Value Ratio Table
Debt-to-Value Ratio (Leverage Ratio): Compares mortgage value to asset value, indicating leverage and risk
Capitalization Rate & Operating Expense Ratio Table
Capitalization Rate (Cap Rate): Measures profitability by comparing rental income minus costs to the purchase price Operating Expense Ratio (OER): Shows the portion of rental income used for operating 14 costs, assessing efficiency
We successfully won the U.S. Bankruptcy Auction for 8 residential condominium units — over half (57%) of the 14- unit Beverly Building — establishing a controlling interest in a prime Deerfield Beach asset.
Following our successful auction win of 8 units, we completed the acquisition of the remaining 6 units — achieving 100% ownership of the Beverly Building.
Beverly Building — Bankruptcy Auction Acquisition
Foreclosure Auction
WHERE VISION MEETS EXECUTION:
THE LIGHTHOUSE POINT TRANSFORMATION
3416 NE 31st Ave Lighthouse Point, FL 33064
