Elmhurst Capital

Friday, January 17, 2014 - Audacia

Elmhurst approached Audacia to develop a new technology platform to manage every process from property acquisition to renovation, management, valuation, and finally, to exit. The platform was released live earlier this month.

Elmhurst Capital is an asset management firm focused on single-family home investments in the United States. The US has one of the most affordable housing markets in the world, especially when compared to other developed countries. The median house price is only 3.2 times the median annual household income. This compares very favourably to many other markets; for example, in Hong Kong it would cost over 13 times the median annual household income to buy the median home.

Elmhurst is based in Atlanta, Georgia where the median house price to median income is 2.0, which is one of the lowest for any major housing market in the world. Atlanta’s population also grew by over 120,000 per year between 1990 and 2010. The Atlanta Regional Commission forecasts that it will continue to grow by over 97,000 per year this decade. This continued population growth means demand for homes will continue to increase.

Like this article? Share online.
Subscribe to insights

Sign up to receive the latest content based on research, industry experience and knowledge from our network of clients and partners.

Related Insights
5 best practices for a successful systems integration project
5 best practices for a successful systems integration project

Improving the quality and efficiency of your business-critical systems doesn’t always have to require completely rebuilding systems. Opting instead for a systems integration approach can reduce operat…

Story Homes Partnership
Story Homes Partnership

Story Homes have contracted with Audacia to design and develop an integrated workflow and project management framework. With significant growth plans over the next few years, Story Homes are investing…

Talk to Us
As a first step in the process, we can talk through your goals together to quickly determine indicative project timescales, budgets and review a high level plan for delivery.
Please enter your full name.
Please enter your company name.
Please enter your phone number.
Please enter your email address.
Thank you for contacting us. We will get back to you soon as possible.
There was an issue sending this form, please try again later or email us as [email protected].