Pluris’ portfolio spans an extensive array of asset classes and geographical areas. The investments result from opportunistic situations that have allowed the team to acquire real estate in quality and proven locations. Through the economic recession from 2008 to 2011, Pluris capitalized on distressed multifamily properties when the market yielded the opportunity to purchase several properties below replacement costs.
In 2013, Pluris transitioned efforts to focus on niche opportunities in proven markets. In October 2013, Pluris acquired a 28-story residential building on the shores of the Hudson River. The involvement in a property such as this one in an emerging New York City market represents Pluris’ current investment objectives. Pluris has a dynamic and exciting investment core, and efforts continue to focus on leveraging relationships in growth markets through niche opportunities.