A Private Equity Firm Focused on Multifamily Real Estate
Menu
A Private Equity Firm Focused on Multifamily Real Estate
Steve DePalo is the founder and managing partner of Palo Equity, a private equity group out of Ft. Lauderdale, Florida. As Managing Partner, Steve leads investor relations and education, and partners with well-established, experienced teams and operators to bring multi-family investment opportunities to the Palo Equity community.
Steve has invested in over 1500 multi-family apartments across the states of Arizona, Florida, Georgia, North Carolina, and Texas, and also has direct experience owning and managing investment properties. Steve has always had a strong interest in real estate in general and has come to really love the multi-family space as a vehicle to grow wealth, as it can provide double digit annual returns, consistent cash flow, tax benefits, and is backed by a multi-million-dollar hard asset.
Steve is a Mechanical Engineer, and his professional background includes leadership positions at a global restaurant company, where he headed Sustainability and Energy, and continues to work in the Sustainability space. He has been a sought-after Keynote speaker for many years for sustainability and energy, and has developed a reputation as an excellent mentor, who is deeply passionate about helping young professionals develop and reach their full potential.
Passive commercial real estate investments will typically generate positive cash flow which are distributed either monthly or quarterly to investors.
Multifamily properties tend to be more resilient during economic downturns compared to other real estate asset classes. Since housing is a basic necessity, people will always need a place to live, ensuring consistent rental demand.
By improving the property, raising rents, and reducing expenses, sponsors can increase the property’s value and generate higher returns.
Multifamily properties tend to appreciate in value over time, especially in high-demand areas.
Pass-through depreciation expense of the assets to investors, can provide significant tax benefits.
Direct multifamily investments and their performance are not closely correlated to the stock market, thus providing a hedge against the volatility of your stock and bond portfolio
Whether you are an experienced real estate investor, or new to investing, we invite you to join our
investor list to receive education materials about real estate investing and review upcoming investment opportunities with Palo Equity
Get access to valuable insights, educational resources, and exclusive investment offerings — all in just a few clicks!
Unlock the potential of your investments by joining our dynamic investor community! At Palo Equity, we believe in the power of collaboration and shared knowledge.
A multifamily syndication is a partnership where a group of investors pool their money together to purchase large assets that would otherwise be difficult for someone to acquire on their own. The typical structure consists of general partners and limited partners.
The General Partner, or syndicator, is responsible for overseeing and managing the property from acquisition, signing the loan, due diligence, renovation, and daily operations. They have full responsibility for the company and its decisions.
Limited Partners are passive partners who invest in a portion of the equity investment and typically are not involved in the daily
responsibilities of the company and have no personal liability beyond their investment.
To get started, join the Palo Equity Community by filling out the name and contact information form here. We’ll guide you through the process, and you will receive educational content on real estate and investing, and notifications about upcoming investment opportunities.
Investing in multifamily real estate can provide many benefits, including passive income, appreciation, tax benefits, and the ability to diversify your portfolio beyond traditional investments like stocks, bonds, and mutual funds.
Unlike single-family or small-scale real estate investments, multifamily syndication involves larger properties with multiple income streams and professional management, which can lead to more stable returns.
The minimum investment typically ranges between $25,000 and $100,000, depending on the specific deal.
Yes, you can leverage your retirement funds for investment through vehicles such as a Self-Directed IRA, or Solo 401(k), subject to compliance with applicable regulations and our investment structure.
Many of our deals require investors to be accredited. This means having a net worth of over $1 million (excluding your primary residence) or earning an annual income of $200,000 ($300,000 for couples filing jointly) for the last two years. However, some deals are open to non-accredited investors.
Distributions to investors occur regularly, usually monthly or quarterly, as outlined in the investment terms for each individual deal, and aligned with the propertys performance.
While real estate investments carry inherent risks, we mitigate these by selecting high-quality properties, implementing proactive management strategies, and maintaining reserves to cover unexpected expenses. Regular performance reviews allow us to adjust
strategies as needed to maintain strong property performance.
The typical investment hold period ranges from 3 to 7 years, depending on the specific business plan and market conditions. This timeframe allows us to execute value-add strategies, stabilize the property, and position it for a profitable exit.
Yes, there are fees involved, including acquisition fees, asset management fees, and a share of the profits upon exit. These fees
compensate the general partners for their work in sourcing, managing, and ultimately selling the property, ensuring alignment of interests between investors and operators.
Returns can come from two main sources: regular income from rental payments and profits when the property is sold. While returns vary, our goal is to provide both steady cash flow and long-term growth in your investment. Specific projections are provided for each opportunity so you know what to expect before investing.
No prior experience or real estate knowledge is required to invest in a multifamily syndication. As a limited partner, you are a passive investor, meaning the general partners handle all the work—from acquiring and managing the property to executing the exit strategy. Your role is to invest and enjoy the potential returns.
We want to hear from you! Tell us everything!
