Improving Lives, One Community at a Time
At Arrowpoint Properties, we pride ourselves on being a vertically integrated, multifamily investment and management company that focuses on high-quality apartment communities in the New England region. Our strength lies in serving the needs of our residents, with a deep understanding of their desire for a clean, safe, and functioning place to live.
Leadership
Our leadership team consists of experienced professionals who have over 35 years of experience in the acquisition, property management, construction oversight, and disposition of multifamily properties. Our principals, David R. Lamattina and Jay Goldberg, have a positive track record of raising private equity from institutional and accredited investors and providing above-average returns on invested capital.
Our Commitment
At Arrowpoint Properties, we are committed to providing a safe and clean living environment for our residents while also improving the communities in which they live. Our team of professionals possesses the experience and tools to effectively manage and maintain our growing portfolio of apartment communities, and we take great pride in our ability to foster long-lasting relationships with our residents.
Services
We offer a range of services to our residents, including rent payment and maintenance requests through our convenient online portal. We also provide assistance with any issues that may arise during their stay with us. Our goal is to ensure that our residents feel at home, and we strive to provide exceptional customer service to achieve this goal.
Properties
We currently own and manage 31 apartment communities throughout Massachusetts and New Hampshire, with a total of 1,007 units and assets under management valued at over $159 million. Our portfolio is comprised of value-add and core plus apartment communities located in desirable, suburban markets throughout the region.
Investment Strategy
Our investment strategy focuses on acquiring value-add and core plus apartment communities in desirable locations, with a focus on restructuring and repositioning the properties to increase their value. We target properties with a strong potential for growth and a clear plan for increasing their value through operational improvements and capital investments.
Investment Highlights
- 1,007 Units Acquired
- $159,355,000 Assets Under Management
- 31 Apartment Communities throughout MA & NH
- $31M Equity Invested
Core Values
At Arrowpoint Properties, our core values include a commitment to exceptional customer service, a focus on creating value for our residents and investors, and a dedication to improving the communities in which we operate. We strive to build lasting relationships with our residents and investors, and we are dedicated to providing a clean, safe, and functioning place to live.
Poor Communication and Neglect
Multiple reviewers have expressed frustration with the lack of communication from Arrowpoint Properties, with some even stating that their emails and phone calls were ignored. Residents have reported feeling ignored and disrespected, with concerns and issues falling on deaf ears.
Unreasonable Rent Increases
Several reviewers have expressed outrage at the significant rent increases, with some experiencing hikes of $500 or more. This has caused financial hardship for some families, who are struggling to make ends meet.
Unmaintained Living Conditions
Residents have reported poor living conditions, including infestations of roaches and mice, and a general lack of maintenance. Some have even described the property as a "ghetto" and "unlivable".
Good Experiences
On the other hand, a few reviewers have reported positive experiences, praising the property management for their responsiveness, professionalism, and cleanliness.
