Nitya Capital: A Value Added Offering in Multifamily Property

Real estate is one of the fastest growing industries in the world spawning billions of dollars every year. In real estate, trends of living standard changes according to the market scenario and thanks to the escalating number of population, multifamily property are the current fad. The multifamily residential is thriving business in real estate where multiple separate housing units are contained within one building. Since a home is a primary necessity for everyone; apartment and buildings tend to be a more reliable option.

Companies are now offering commercial real estate marketing products and outsourcing solutions. Nitya Capital, a Real Estate Investment firm brings decades of real estate and multi-sector investment experience coupled with an institutional approach and an active, hands-on management approach.

Nitya employs an institutional approach across all avenues pre and post-acquisition. This includes detailed underwriting with assumptions derived via in-depth market research and data analysis. The company offers a thorough due diligence process, and a sophisticated asset management model that monitors the key performance indicators which are used to evaluate and optimize asset performance. Operational and marketing strategies employed at the site-level are in-line with Class A properties, as Nitya places a large emphasis on customer service, property marketing, leasing strategies and overall management. The company incorporate resident-enriching activities and after school programs to improve quality of life for tenants and foster a sense of community in a safe living environment, resulting in reduced tenant turnover rates.

Give a brief overview of Nitya Capital, its uniqueness and its vision. 

Nitya Capital is a privately held real estate investment firm with dedicated focus in acquisition, management, and addin value of multifamily properties. Nitya’s uniqueness is in the company’s strategic approach in successfully maximizing ROI through best-in-class management and extensive renovations, thereby enhancing property long term value for future tenants and owners. Our vision is too ultimately and consistently has always been to become industry leaders in both global real estate and multi-sector investment.

Describe your company’s cutting edge services which address all the needs of your customers. 

Nitya’s services provide innovative solutions to investors and, as a by-product, superior services for residents. We specialize in repositioning extremely well located assets with significant value-add potential through the successful execution of a detailed investment strategy and business plan. As such, with each property acquisition, we immediately analyse areas of improvement and commence comprehensive renovations for added comfort, convenience, and safety for our tenants. This helps ensure high levels of ROI for our investors and partners long term.

Give a detailed description of the featured person’s influence over the company and the industry. 

Swapnil is responsible for strategic planning, investment decisions, and overseeing all aspects of the company’s operations, financing activities, and investor relations. He has over 15 years of financial/investment experience with over 12 years of experience in real estate globally. Swapnil has built Nitya Capital from the ground up, now employing over 500 people, bringing 350 investors together, and serving over 16,000 residents across Texas, Utah, Nevada & Kansas.. Within the multi-family industry, Swapnil holds multiple awards including the 2017 EY Entrepreneur of the Year, Houston Business Journal 40 Under 40 Awards, and being named board member of the Houston Apartment Association Board for 2019. He is also involved in many non-profit charities both locally and abroad.

With the escalating number of Real Estate companies, how is your company driving to create an impact on its customers? 

Nitya Capital from the very beginning has incorporated the well-being of residents into nearly every business approach. Aside from our comprehensive property renovations for added comfort, convenience, and safety for our tenants, we contribute greatly to mass humanitarian and community development projects specifically aimed at assisting residents in their daily lives. This includes raising tens of thousands of dollars in hurricane relief for residents who lost homes, spreading breast cancer awareness/care by providing access to mobile mammograms coupled with free health clinics, free water education courses to community youth, partnering with local ministries to in help of developing new playground equipment for families, and distributing school supplies through a distribution of clear backpacks to help prevent violence in schools.. We treat our residents like family and strive to set ourselves as community leaders.

What are the challenges faced while offering services and how is your company serving to tackle them? 

Within the financial investment side of the multi-family industry, there exist immeasurable obstacles which include but not limited to logistics, raising capital, pricing, and market demand. Fortunately, Nitya has largely overcome these challenges through proper researching of investment markets, intelligent managing of assets, maintaining a division of labor with effective manager to manager communication, and forming powerful partnerships with industry experts and organizations. In addition to this, we never lose sight of our primary customer base served within the real estate side and as such, our business model primarily focuses on Class B and C properties. They have experienced an increase in demand in all four major Texas metro cities as well as in outside as rising rental rates have pushed renters towards more affordable alternatives.

Describe the experiences, achievements or lessons learnt that have shaped the journey of the Nitya Capital. 

Since Nitya Capital’s inception, our founder Swapnil Agarwal learned immediately the value in sharp focused prioritization, customer service, property marketing, leasing strategies forming long term relationships, and overall management. Problematic areas on a property basis are quickly identified then prioritized by our asset department to be resolved. Emphasis is placed on the quality of life of residents by funding community enriching activities and events onsite which result in reducing tenant turnover rates. Strong partner and investor relations are formed that allow Nitya to make more intelligent investment decisions and to fund projects that are the best fit to the company

What according to you could be the potential future of Real Estate industry and how does your company envision sustaining its competency? 

The future of multi-family real estate from our level of operation will always be in accordance to providing the best in affordable housing at the B and C Class property level. Nitya’s strategy is to capitalize on favorable demographic trends and supply/demand dynamics in major metropolitan areas within Texas through the strategic acquisition of Class B and C multifamily assets. Our objective is to enhance the value of its investments through extensive renovations, while maximizing returns to investors and providing residents with an enhanced quality of living. We target assets with highly desirable locations in close proximity to large employment centers, major thoroughfares, public transportation access points, public schools, retail centers and grocery stores.

Testimonials

“Apartment complex is safe/clean. Staff is great and responsive.” Dennis Rodriguez Providence at Heights Apartments Resident Ever since we changed management, the management of the property has improved tremendously! …always polite, courteous and quick to respond to any requests. Thank you!” M. Aceves, The Steeples Apartments Resident

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