John M. Corcoran & Company actively pursues opportunities to purchase existing apartment communities throughout New England. Typically these communities have 100 or more apartments. The age and condition of a property is not a factor, as we have the capacity to address significant structural and environmental challenges. Our primary areas of focus include Massachusetts and Rhode Island; the southern and central portions of Maine, New Hampshire, and Vermont; and Connecticut from Hartford eastward. We will also consider properties in other New England locations.
We conduct a thorough and well-structured due diligence process to inspect all aspects of a property. Maintenance professionals examine and document the condition of apartment interiors and building exteriors. Property managers review files and financial records. Marketing professionals study local demographics, market trends, and rental rates.