Track record

Homes and apartments across the Greater Capital Region and Greater Rochester, owned and managed in-house by the ALR team.

Units owned & operating: 62
Acquisition, disposition & refinance volume: $12.3M

Renovation projects

ALR renovation track record, sixteen projects
Project	Sourcing	Purchase	Renovation	Invested	Appraised	Refi proceeds	Sale	Outcome
01 · West Henrietta	Off-market	$150K	$35K	$185K	$285K	$228K (80%)	–	Refinanced & held
02 · Rochester	Off-market	$111K	$35K	$146K	$205K	$164K (80%)	$220K	Refinanced, later sold
03 · Rochester	Off-market	$112K	$16.5K	$128.5K	$154.5K	$123.5K (80%)	$180K	Refinanced, later sold
04 · Rochester	On-market	$221K	$59.5K	$280.5K	$390K	$312K (80%)	–	Refinanced & held
05 · Honeoye Falls	Wholesaler	$117K	$35.5K	$152.5K	–	–	$218K	Renovated & sold
06 · HenriettaInitial $8.5K renovation, then rentedFurther $25K renovation at tenant turnoverRe-leased at a higher rent plus tenant-paid utilities	Off-market	$100K	$8.5K	$133.5K	$145K	$109K (75%)	–	Refinanced & held
07 · Rochester	Attorney referral	$34K	$51K	$84.5K	–	–	$112K*	Sale pending
08 · Fairport	Wholesaler	$230K	$32K	$263K	$350K	$280K (80%)	–	Refinanced & held
09 · Henrietta	Investor referral	$151K	$39K	$190K	$252K	$201.5K (80%)	–	Refinanced & held
10 · Webster	On-market	$150K	$43.5K	$193.5K	$230K	$184K (80%)	–	Refinanced & held
11 · RochesterThree identical units, renovated to the same specification	Off-market	$133.5K	$118.5K	$252K	–	–	$300K	Renovated & sold
12 · Brockport	On-market	$110K	$43K	$153K	$200K	$160K (80%)	–	Refinanced & held
13 · RochesterRenovated while tenant-occupiedSold to recycle capital into larger deals	On-market	$215K	$12.5K	$227.5K	$275K	$220K (80%)	$295K	Refinanced, later sold
14 · Henrietta	Off-market	$115K	$21K	$136K	$163K	$122K (75%)	$185K	Refinanced, later sold
15 · Rochester	On-market	$130K	$81K	$211K	$270K	$216K (80%)	–	Refinanced & held
16 · Holley	Attorney referral	$80K	$45K	$125K	–	–	$180K	Renovated & sold
Total, 16 projects	11 of 16 off-market		$676.5K	$2.86M

Single-family and small multifamily renovations completed and managed in-house by ALR principals. Invested capital is purchase plus renovation as reported; appraised values are lender appraisals at refinance, with loan-to-value in brackets. *Sale pending at time of reporting. Figures are unaudited, gross of transaction and financing costs, not the results of any offering, and do not predict future returns.