Valiance Capital Acquires "Prospect Manor" Apartments


BERKELEY, CA, November 28, 2022 – Valiance Capital, a Berkeley-based private equity investment firm specializing in multifamily, student-housing real estate, announces the acquisition of Prospect Manor Apartments, a 27-unit student-housing apartment-community in Berkeley, CA. The asset is in the nation's most robust student housing markets, and within 1 mile from Valiance’s other 13 student housing properties in Berkeley, CA. Prospect Manor Apartments will be rebranded "The Atrium at Prospect" upon takeover.

The purchase marks Valiance Capital's 20th investment in Berkeley, and 41st in the United States. Constructed in 1960, the Atrium at Prospect is a premium 3-story student-housing property situated at 2430 Prospect Street, Berkeley CA. The apartment has a desirable unit mix of one, two, and three-bedroom apartments, attracting a wide range of residents from various student demographics. The apartment will soon boast luxury interior finishes, custom-design furnished communal areas, a 24/7 Surveillance System, in-unit Washer & Dryer Units, and a grand atrium offering residents a high-end living experience. Valiance Capital has an opportunity to renovate the asset into a market-leading standard. 

This acquisition highlights the company's strategy of acquiring value-add opportunities in excellent condition with strong locations and significant operational upside in a high barrier-to-entry market.  The Atrium at Prospect, located two blocks from the best public university in the world -- UC Berkeley – sits in the heart of the Southside District of Berkeley, providing unparalleled convenience for students, granting it a high market demand. 

UC Berkeley has rapidly increased its enrollment over the last 15 years, adding approximately 11,124 undergraduate and graduate students since 2006. Meanwhile, cumulative apartment and student housing deliveries have totaled only 3,251 units over that same period, further exacerbating what was already one of the worst on-campus housing crises in the country. The university currently provides approximately 9,000 on-campus beds for a student of some 45,000, giving the lowest percentage of beds per student of any campus in the UC system. Housing is only guaranteed to first year and fall transfer students, and most of the on-campus housing is taken by the incoming freshman class, comprised of roughly 9,000 students, which means that the vast majority of sophomore, junior, senior, and graduate students must search for off-campus housing each year.

About Valiance Capital 

Valiance Capital is a Berkeley-based private equity investment firm specializing in acquiring, renovating, repositioning, and managing multifamily, student-housing assets across California. Valiance Capital owns and operates a diverse portfolio of student-housing with over 600 units valued at over $225 million. With its distinctive approach to investing in and managing real assets, Valiance Capital has consistently produced above-average risk-adjusted returns for its investors.

Valiance Capital is one of the most active investor operators of value-add multifamily student housing products within 6 blocks of UC Berkeley campus. As a preeminent local investor-operator in the Berkeley submarket, Valiance is proud to be the #1 largest operator of private student co-living communities in Berkeley by number of properties.


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Valiance Capital

Valiance Capital is a private real estate development and investment firm specializing in student and multifamily housing.

Access the Highest-Quality Real Estate Investments

Valiance Capital
2425 Channing Way Suite B
PMB #820
Berkeley, CA 94704

(510) 446-8525

©2023 Valiance Capital. All Rights Reserved.

Valiance Capital
2425 Channing Way Suite B, PMB #820
Berkeley, CA 94704

Valiance Capital is a real estate development and investment management company specializing in student and multifamily properties.

Access the Highest-Quality
Real Estate Investments

Invest Like an Institution

©2023 Valiance Capital. All Rights Reserved.

Investing involves risk, including loss of principal. Past performance does not guarantee or indicate future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of data provided by investors or other third parties. Neither Valiance Capital nor any of its affiliates provide tax advice and do not represent in any manner that the outcomes described herein will result in any particular tax consequence. Offers to sell, or solicitations of offers to buy, any security can only be made through official offering documents that contain important information about investment objectives, risks, fees and expenses. Prospective investors should consult with a tax or legal adviser before making any investment decision. For our current Regulation A offering(s), no sale may be made to you in this offering if the aggregate purchase price you pay is more than 10% of the greater of your annual income or net worth (excluding your primary residence, as described in Rule 501(a)(5)(i) of Regulation D). Different rules apply to accredited investors and non-natural persons. Before making any representation that your investment does not exceed applicable thresholds, we encourage you to review Rule 251(d)(2)(i)(C) of Regulation A. For general information on investing, we encourage you to refer to