Seven 24 Partners transforms underperforming apartment communities into exceptional investments
through strategic renovations and operational excellence.
Building Wealth Through Disciplined Multifamily Investing
Our Story
Seven 24 Partners is a real estate investment
and property management firm specializing in value-add multifamily apartment communities in the Midwest. We identify properties with strong fundamentals but operational challenges, then systematically improve both the physical assets and management operations to unlock their full potential.
Our differentiated approach combines creative acquisition structuring, proven renovation strategies, and institutional-quality property management to deliver superior risk-adjusted returns while preserving capital through conservative underwriting.
OUR TRACK RECORD
Since our founding, Seven 24 Partners has successfully acquired and repositioned multifamily properties across the Midwest. Our systematic approach to value creation has consistently delivered above-market returns through operational improvements, strategic capital expenditures, and professional management excellence.
OUR PROCESS
Seven 24 Partners has developed disciplined processes for investment selection, underwriting, and asset management. Our robust operational infrastructure, including AppFolio for systems integration, enables us to execute consistently and report results transparently.
We model normalized expense ratios and conservative revenue projections to ensure sustainable operations across market cycles.
Conservative Underwriting
1
Every acquisition follows our proven methodology: detailed operational analysis, strategic capital planning, professional management implementation, and continuous performance optimization.
Systematic Execution
2
Partners receive regular performance updates and comprehensive financial reporting through our secure portal.
Transparent Reporting
3
Our Investment Approach
CREATING VALUE THROUGH OPERATIONAL EXCELLENCE
Seven 24 Partners focuses on value creation that we can control directly, rather than depending on market appreciation. Our returns come from three compounding value drivers:
Strategic Acquisition
• Identify properties trading below replacement cost with operational upside
• Target below-market rents and inefficient operations
• Structure creative financing to optimize returns
• Underwrite conservatively with downside scenario planning
Physical Transformation
• Systematic unit renovations to justify market-rate rents
• Strategic property improvements enhancing curb appeal and resident experience
• Energy efficiency upgrades reducing operating costs
• Proven renovation playbook delivering consistent results
Operational Excellence
• Professional property management systems and best practices
• Expense optimization leveraging economies of scale
• Revenue enhancement through market-rate positioning and ancillary income
• Technology-enabled operations ensuring accountability and efficiency
Our Investment Philosophy
We believe superior risk-adjusted returns in multifamily real estate come from buying well and executing consistently. Rather than chasing appreciation in competitive markets, we focus on properties where we can create measurable value through direct operational improvements—making our returns less dependent on market timing and more dependent on execution.
Our conservative underwriting ensures we can weather market cycles while delivering strong cash flows. By focusing on fundamental value creation rather than leverage or market appreciation, we build portfolios positioned for sustainable, long-term performance.
The Seven 24 Playbook
• Comprehensive quality of earnings analysis
• Detailed operational audit and improvement planning
• Capital expenditure budgeting and prioritization
• Management transition and systems implementation
Acquisition & Analysis (Months 1-2)
1
• Expense optimization and vendor renegotiation
• Deferred maintenance addressing
• Marketing enhancement and occupancy optimization
• Initial unit renovations on natural turnover
Stabilization & Quick Wins (Months 3-6)
2
• Systematic unit renovation program
• Revenue optimization through market-rate positioning
• Operational efficiency improvements
• Community enhancement initiatives
Value Creation
(Months 7-24)
3
• Stabilized cash flow maximization
• Refinance evaluation and execution
• Hold vs. disposition analysis
• Capital recycling for new acquisitions
Harvest & Scale
(Month 24+)
4
Investment Philosophy
BUILDING WEALTH THROUGH REPETITION, NOT REVELATION
The real estate industry often chases the next hot market or complex investment strategy. At Seven 24 Partners, we take a different approach. We believe lasting wealth is built through:
Consistency Over Complexity
We execute a proven playbook repeatedly rather than constantly reinventing our strategy. This focus allows us to refine our process continuously and compound our expertise.
Fundamentals Over Forecasts
We underwrite based on current market rents and conservative assumptions, not optimistic projections. If market conditions improve, that's upside—not the foundation of our returns.
Control Over Speculation
We create value through actions we control directly: renovations, management improvements, and operational optimization. We don't rely on market appreciation or interest rate movements to achieve our return targets.
Partnership Over Transaction
We view our approach as building long-term partnerships, not executing one-time transactions. This mindset shapes every decision we make.
This approach has proven resilient across market cycles because it's rooted in fundamental value creation rather than market timing or financial engineering.
why seven 24 partners
Our Competitive Advantages
Disciplined Underwriting
We walk away from deals that don't meet our strict criteria, even in competitive markets. Our conservative assumptions and multiple scenario modeling protect capital while targeting exceptional returns.
Operational
Focus
Unlike many investment firms, we don't rely on market appreciation. Our returns come from direct operational improvements we control—renovations, expense reduction, and professional management.
Creative Structuring
Our flexibility in deal structure allows us to compete effectively for properties while optimizing returns. We utilize bank financing, seller financing, and innovative capital structures to create efficient transaction frameworks.
Aligned
Interests
We invest meaningful personal capital in every opportunity. Our principals are partners in each acquisition, ensuring complete alignment of interests
Transparent Communication
We believe partners deserve clear, honest communication about both successes and challenges. Our reporting is comprehensive, timely, and focused on metrics that matter.
Why Multifamily Real Estate
A Resilient Asset Class for Wealth Building
Demographic Tailwinds
Renter households continue growing as homeownership becomes less accessible. This structural shift creates sustained demand for quality rental housing.
Stable Cash Flows
Unlike office or retail, multifamily generates consistent revenue from essential housing needs. This stability provides downside protection during economic uncertainty.
Direct Value Creation
Apartment owners can directly improve properties and operations to increase value unlike securities or passive investments where you're purely price-takers.
Tax Advantages
Depreciation deductions and other tax benefits make real estate one of the most tax-efficient wealth building strategies available.
Inflation Hedge
Operating expenses and property values tend to rise with inflation, while rental income can be adjusted annually to maintain purchasing power.
Debt Availability
Multifamily enjoys some of the best financing terms in real estate, with long-term, fixed-rate debt enabling leveraged returns with manageable risk.
is a partner with Seven 24 Partners, a real estate investment firm focused on acquiring and improving multifamily properties through disciplined operations, targeted capital improvements, and execution-oriented asset management.
Mr. Moyer has 20 years of management experience spanning business operations, asset oversight, and execution across real estate and operating companies. His investing approach prioritizes value creation through controllable drivers—expense discipline, operating systems, and capital execution—rather than reliance on market appreciation.
Seven 24 Partners specializes in value-add multifamily properties with strong underlying demand but operational inefficiencies. The firm’s investment approach emphasizes conservative underwriting, normalized expense assumptions, and downside scenario planning. Value is created through systematic operational improvements, professional property management, renovation execution, and selective upgrades designed to enhance resident experience while improving property performance.
Mr. Moyer holds an MBA and completed PhD coursework at Florida Atlantic University (FAU). He is also a co-owner of Moyer Consulting, providing financial strategy and management consulting, and brings construction execution capability through Ram’s Head Roofing & Windows, supporting repeatable renovation delivery, quality control, and cost containment across the firm’s portfolio.
As a partner in Seven 24 Partners, Mr. Moyer invests personal capital alongside the firm and is actively involved in investment strategy, underwriting, operational planning, and ongoing execution—positioning assets for stable cash flow and long-term performance across market cycles.
ANDREW MOYER
MEET OUR LEADERSHIP
is a partner with Seven 24 Partners, a real estate investment firm focused on acquiring and improving multifamily properties through disciplined cost control, targeted capital improvements, and operational excellence.
Over the past three years, Mr. Gemeinhardt has actively invested in a diversified range of real estate assets, including single-family homes, duplexes, land, commercial properties, and multifamily apartment communities. This experience reflects a deliberate progression into multifamily investments where value can be created through controllable operational and expense-focused improvements rather than reliance on market appreciation.
Seven 24 Partners specializes in value-add multifamily properties with strong underlying fundamentals but operational inefficiencies. The firm’s investment approach emphasizes conservative underwriting, normalized expense assumptions, and downside scenario planning. Value creation is driven primarily through cost control, professional property management, systematic unit renovations, and selective property upgrades designed to improve resident experience while increasing operational efficiency.
Mr. Gemeinhardt brings more than 20 years of professional experience in finance, accounting, and risk management to Seven 24 Partners. He is a former Partner at a large consulting firm, where he helped to build and lead national business lines, managed large operating budgets, and advised boards and senior management on governance, financial oversight, and risk mitigation.
He is a Certified Public Accountant licensed in Florida and North Carolina and holds a Master of Science in Accounting and a Bachelor of Science in Business Administration from Appalachian State University. He is currently a PhD candidate in Business at Florida Atlantic University, with research focused on value creation and operational decision-making.
As a partner in Seven 24 Partners, Mr. Gemeinhardt invests personal capital alongside the firm and participates in investment evaluation, underwriting discipline, and ongoing asset oversight. His approach emphasizes stable cash flow, expense discipline, and repeatable execution, resulting in properties positioned for sustainable, long-term performance across market cycles.
GARIT GEMEINHARDT
LEADERSHIP
ANDREW MOYER
is a partner with Seven 24 Partners, a real estate investment firm focused on acquiring and improving multifamily properties through disciplined operations, targeted capital improvements, and execution-oriented asset management.
Mr. Moyer has 20 years of management experience spanning business operations, asset oversight, and execution across real estate and operating companies. His investing approach prioritizes value creation through controllable drivers—expense discipline, operating systems, and capital execution—rather than reliance on market appreciation.
Seven 24 Partners specializes in value-add multifamily properties with strong underlying demand but operational inefficiencies. The firm’s investment approach emphasizes conservative underwriting, normalized expense assumptions, and downside scenario planning. Value is created through systematic operational improvements, professional property management, renovation execution, and selective upgrades designed to enhance resident experience while improving property performance.
Mr. Moyer holds an MBA and completed PhD coursework at Florida Atlantic University (FAU). He is also a co-owner of Moyer Consulting, providing financial strategy and management consulting, and brings construction execution capability through Ram’s Head Roofing & Windows, supporting repeatable renovation delivery, quality control, and cost containment across the firm’s portfolio.
As a partner in Seven 24 Partners, Mr. Moyer invests personal capital alongside the firm and is actively involved in investment strategy, underwriting, operational planning, and ongoing execution—positioning assets for stable cash flow and long-term performance across market cycles.
GARIT GEMEINHARDT
is a partner with Seven 24 Partners, a real estate investment firm focused on acquiring and improving multifamily properties through disciplined cost control, targeted capital improvements, and operational excellence.
Over the past three years, Mr. Gemeinhardt has actively invested in a diversified range of real estate assets, including single-family homes, duplexes, land, commercial properties, and multifamily apartment communities. This experience reflects a deliberate progression into multifamily investments where value can be created through controllable operational and expense-focused improvements rather than reliance on market appreciation.
Seven 24 Partners specializes in value-add multifamily properties with strong underlying fundamentals but operational inefficiencies. The firm’s investment approach emphasizes conservative underwriting, normalized expense assumptions, and downside scenario planning. Value creation is driven primarily through cost control, professional property management, systematic unit renovations, and selective property upgrades designed to improve resident experience while increasing operational efficiency.
Mr. Gemeinhardt brings more than 20 years of professional experience in finance, accounting, and risk management to Seven 24 Partners. He is a former Partner at PricewaterhouseCoopers LLP, where he built and led national business lines, managed large operating budgets, and advised boards and senior management on governance, financial oversight, and risk mitigation. His background includes transaction advisory, valuation, audit, and corporate finance roles at Ernst & Young, Grant Thornton, Cherry Bekaert, and MedCath, Inc.
He is a Certified Public Accountant licensed in Florida and North Carolina and holds a Master of Science in Accounting and a Bachelor of Science in Business Administration from Appalachian State University. He is currently a PhD candidate in Business at Florida Atlantic University, with research focused on value creation and operational decision-making.
As a partner in Seven 24 Partners, Mr. Gemeinhardt invests personal capital alongside the firm and participates in investment evaluation, underwriting discipline, and ongoing asset oversight. His approach emphasizes stable cash flow, expense discipline, and repeatable execution, resulting in properties positioned for sustainable, long-term performance across market cycles.
