Our REIT
Where others see challenges, we see opportunity.
Contrast Asset Management is the manager of Green Thumb REIT – a private real estate investment trust available to Canadian investors. We acquire multi-family workforce assets strategically located in secondary and tertiary markets in midwestern U.S. We work closely with sellers applying flexible and innovative solutions to meet their needs while creating the best returns for our investors.
We believe changes in the Canadian real estate market over the past few years have made it more difficult to find attractive valuations and returns. Navigating the complexities of cross-border U.S. real estate ownership and management can be a significant barrier for most Canadian investors.
Our mission is to provide Canadians the opportunity to benefit from the valuations and returns available in the U.S. real estate market. Our goal is to maximize property cash flow and valuation overtime.
Green Thumb REIT Strategy
Green Thumb REIT, managed by Contrast Asset Management is relentless in it’s pursuit of stabilizing and then optimizing each property. Green Thumb REIT deploys their own property management team to work on-site and closely with residents, the community, and social support services. Addressing deferred maintenance issues, safety, cleanliness, and affordability, which can result in higher occupancy rates, increased rental rates, lower operating costs and property appreciation.
The strategy puts an emphasis on building communities, fostering long-term stability, and creating places that residents are proud to call home.
Cash flow focused
Once Green Thumb REIT closes on a property, the focus turns to stabilizing and optimizing operating cash flow. This includes resolving rent delinquencies, offering short-term payment solutions, such as our unique rent-payment program, and actively marketing vacant units. Being in markets that are landlord-friendly allows us to evict residents quickly, if necessary.
Once cash flow is stabilized, the management team will begin to optimize the property. We achieve this by quickly rehabilitating any down units, making energy-efficient upgrades (appliances, lighting, water), and introducing energy and water monitoring systems, to further increase operating profits.
