What We Do
Create Tremendous Value for Our Investors
1Purchase
Perform wide ranging research and deep analysis on a large number of assets, with acquisition of only those with significant upside.
2Rehab
Complete a well developed rehab plan including rebranding, deferred maintenance, unit rehabs and new amenities.
3Increase Value
Implement a comprehensive business plan with an increase in rental income and strong management of expenses resulting in an increased NOI.
4Sell
Provide our investors with robust cash on cash annual returns and significant appreciation in value during a hold period of up to five years.
Who We Are
Real Estate Developers, Investors, Multi-Family Deal Sponsors, Asset Managers
Tim Hamick
Managing Partner
Tim is managing partner of Hamick Asset Management, a real estate investment company that specializes in the investment in and purchase of multi-family and multi-tenant real estate assets. Geographic areas of focus include Dallas-Fort Worth, Houston, Austin, San Antonio, Denver, Phoenix, Tucson and other markets throughout Texas, Colorado, Arizona, Michigan and Florida.
Tim is also managing partner of Elevate Land Holdings, a real estate development company that specializes in land acquisition, land development and multi-family ground-up development opportunities. Based in Southeast Michigan, ELH owns assets in Wayne, Oakland, Washtenaw, Ingham and Livingston counties. Other geographic areas of focus include southwest Michigan, Indiana and Ohio.
Land acquisition and ground-up development opportunities begin with the identification of a premium location. Working with industry leading consultants, each property is comprehensively evaluated, including in-depth research to identify demographic and market opportunities which form a comprehensive concept plan, financial pro-forma and timeline for development and construction. ELH self-performs all construction, including warranty claims after the final unit is occupied.
diana and Ohio.
Tim has broad experience in property valuation, acquisition, rehabilitation, leasing, asset management and sales.
Previously, Tim had senior executive roles with P&L responsibility at three financial services firms, including Merrill Lynch where he was a Managing Director.
For additional background information please visit timhamick.com.
Our Development Portfolio
Select Properties We've Developed or are Developing
Hewitt Place Apts
Ypsilanti, MI
Land Under Contract March 2022 Development Expected 2026
A class A, 118 unit residential apartment community located in Ypsilanti, MI.
The Crossings
Hamburg, MI
Land Under Contract June 2023 Development Expected 2025
Budget $42 Million
A class A, 208 unit residential apartment community located in Hamburg, MI.
The Kensley Apts
Howell, MI
Land Under Contract March 2021
Development Started June 2023
Budget $34 Million
A class A, 136 unit residential apartment community located in Howell, MI.
Westlake Place Apts
South Lyon, MI
Phase 1 (72 Units)
Land Under Contract June 2021
Development Completed January 2023
Budget $10 Million
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Phase 2 (252 Units)
Development Expected 2025
Budget $52 Million
A class A, 324 unit residential apartment community located in South Lyon, MI.
Our Multifamily Portfolio
Select Assets We've Purchased or Invested In
Mag and May Apartments
Fort Worth, TX | Acquired October 2022
A class A, 240 unit residential apartment community located in Fort Worth, TX.
Vertical North Apartments
Tucson, AZ | Acquired June 2022
A class C, 114 unit residential apartment community located in Tucson, AZ.
Fairview Apartments
Aurora, CO | Acquired March 2022
A class B, 100 unit residential apartment community located in Aurora, CO.
Crestone and Phoenix Apts
Brighton, CO | Acquired November 2021
A class C, 76 unit residential apartment community located in Brighton, CO.
Cash Flow Portal
Seattle, WA | Invested November 2021,
April 2022, August 2023
A software platform to help real estate syndicators present new deals, share documents, administer property information and manage fundraising.
Cornell Apartments
Phoenix, AZ | Acquired September 2021
A class C, 51 unit residential apartment community located in Phoenix, AZ.
Park Mesa Apartments
Mesa, AZ | Acquired July 2021
A class C, 42 unit residential apartment community located in Mesa, AZ.
New Horizons
Dallas, TX | Acquired July 2016
SOLD January 2019
A class C, 51 unit residential apartment community located in Mesa, AZ.
Lansing Portfolio
Lansing, MI | Acquired April 2021
SOLD December 2021, March 2023, July 2023
A class C, 163 unit residential apartment community portfolio located in Lansing, MI.
Lubbock Lakeway Apartments
Lubbock, TX | Acquired November 2019
SOLD August 2022
A class C, 120 unit residential apartment community located in Lubbock, TX.
Orange Tree Village
Tucson, AZ | Acquired July 2019
A class B, 110 unit residential apartment community located in Casas Adobos, Tucson, AZ.
Falcon Ridge Apartments
Universal City, TX | Acquired March 2019
SOLD August 2022
A class C, 118 unit residential apartment community located in Universal City, TX.
The Alara
Houston, TX | Acquired October 2018
SOLD March 2022
A class C, 155 unit residential apartment community located in Houston, TX.
The Point Daytona
Daytona Beach, FL | Acquired August 2018
SOLD October 2020
A class C, 128 unit residential apartment community located in Daytona Beach, FL.
Tuscany Square
Arlington, TX | Acquired June 2017
SOLD February 2019
A class C, 70 unit residential apartment community located in Arlington, TX.
Fairview Apartments
Aurora, CO | Acquired May 2017
SOLD March 2022
A class B, 100 unit unit residential apartment community located in Aurora, CO.
The Heights on Forty4
Del City, OK | Acquired April 2017
SOLD November 2021
A class C, 157 unit residential apartment community located in Del City, OK.
Frankford Flats
Dallas, TX | Acquired July 2016
SOLD January 2019
A class B, 334 unit residential apartment community located in far north Dallas, TX.
Our Retail Portfolio
Select Assets We've Developed or Purchased
Ovation Salon Suites
Galleria Dallas, TX | Opened August 2022
SOLD July 2023
A class A, 54 unit multi-tenant location providing suites to cosmetology professionals.
Ovation Salon Suites
Colleyville, TX | Opened May 2022
SOLD July 2023
A class A, 41 unit multi-tenant location providing suites to cosmetology professionals.
Ovation Salon Suites
North Dallas, TX | Opened February 2021
SOLD July 2023
A class A, 41 unit multi-tenant location providing suites to cosmetology professionals.
Ovation Salon Suites
Park Lane Dallas, TX | Opened October 2019
SOLD July 2023
A class A, 54 unit multi-tenant location providing suites to cosmetology professionals.
Ovation Salon Suites
Lakewood Dallas, TX | Opened October 2019
SOLD July 2023
A class A, 46 unit multi-tenant location providing suites to cosmetology professionals.
Ovation Boutiques
Plano, TX | Acquired September 2016
SOLD December 2021
A class A, 49 unit multi-tenant location providing suites to cosmetology professionals.
Executive Salon Suites
Allen, TX | Acquired September 2016
SOLD August 2021
A class A, 21 unit multi-tenant location providing suites to cosmetology professionals.
Executive Salon Suites
Frisco, TX | Acquired September 2016
SOLD December 2020
A class A, 28 unit multi-tenant location providing suites to cosmetology professionals.
- Where We've Invested
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