Passion + Purpose = Profit
Building Quality Communities on Purpose
- Ground-Up Experience: Our team’s journey from the ground up gives us a hands-on, comprehensive understanding of every aspect of multifamily real estate.
- Empathy & Insights: Practical knowledge enables us to deliver real-world solutions with empathy and deep insights.
- Comprehensive Service: We don’t just manage properties; we understand them intimately, ensuring superior service and effective problem-solving.
- Commitment to Client Success: Our grassroots approach and extensive experience make us a trusted partner dedicated to the success of our clients.
Why Lighthouse?
- Vertical Integration: Streamlines investment, management, and operations for efficiency.
- Broad Expertise: Specialists in investments, management, education, consulting, and construction.
- Market Adaptability: Responds quickly to trends and challenges.
- Streamlined Operations: Enhances efficiency, cuts costs, and improves quality.
- Education & Consulting: Delivers actionable, real-world multifamily strategies.
- Proven Results: 30+ years managing 25,000+ units nationwide.
- Custom Solutions: Tailored strategies for every stage of investment.
- Community Focus: Builds thriving, profitable environments for residents and investors.
Executive Team
Kim Bruggeman
Managing Partner
Ms. Bruggeman is responsible for the Development and Asset Management of our multi-family and student housing portfolio. She brings over 15 years and 25,000 units of property management experience to our corporate team. Kim has been involved in Multi-Family real estate investments, due diligence, acquisitions, transitions, budgeting, financial management and reporting, vendor contract negotiation, property branding, human resource training and management, sales and marketing, property audits, asset management, risk management, orchestrating rehabs and capital improvement projects and operational management of multi-family and student housing properties. She has a working knowledge of FDIC, FNMA, Freddie Mac, CMBA, bond-financing, REITs; and government programs such as Section 42 tax credit, Section 8/HUD, and VASH (Veterans Affairs Supportive Housing). Ms. Bruggeman has developed strong relationships of trust and communication with her corporate clients, including Wells Fargo, Arbor Financial, Bank of America, KeyBank, Midland Loan Services, PNC Bank, Cohen Financial, SunTrust, Berkadia, as well as other Special Servicers, Asset Management Firms, and Private Owners.
Robert Heitner
Managing Partner
Robert Heitner, Founder and Principal of Vision Capital Partners, an Atlanta-based real estate investment firm, brings over 25 years of experience in profitable real estate investments. Born in Stamford, Connecticut, and residing in Atlanta since 1982, Robert is a high-energy professional committed to quality service, integrity, and trust. His extensive expertise spans contract negotiation, property transactions, asset and property management, renovations, construction management, financing, and diverse exit strategies. Notably, Robert has successfully closed on over 7000 acres of land in metro Atlanta, representing $150M in acquisitions. His portfolio includes notable projects like Le Jardin, Carter Grove, and an 1100-acre venture in Gainesville. Additionally, as a business consultant, he directed successful ventures like the $75M AutoZone Park development in Memphis.
Vertically Integrated Expertise
Underwriting Software Development
Student Housing Management
Special Servicing
Section 8 / VASH Housing
Student Housing Development
Conventional Development
Construction Management
Property Management
Fund Management
Large Land Developments
Multifamily Education
Receivership
Pre-Acquisition-Disposition Asset Management
Success in Diverse Markets
Investment Structures
Investment Auditing
Lender Forbearance
Business Plan Creation
Equity Management
Retrading
Market Studies
Loan Guidance
Reposition Plans
Reposition, Stabilization & Disposition Plans
Due Diligence
Past & Present Communities
Summerwind Apartments
- Greenville, Texas
- Profitable exit after 18 months
- $1,200,000 in CapEx
- Fully upgraded units with new LVP flooring, paint, appliances, cabinets, vanities, and trim
- Painted all buildings, new patios, new lighting, and resurfaced parking
- Occupancy 96%
- Rents increased by 22%
Water’s Edge Apartments
- Tucson, Arizona
- $800,000 in CapEx
- 25% rent increase
- Fully upgraded units with new LVP flooring, paint, appliances, cabinets, vanities, and trim. Painted all buildings, and new lighting, and resurfaced/striped the parking lot.
- Upgraded pool and added cameras.
The Palms
- Yuma, Arizona
- $600,000 in CapEx
- Fully upgraded units with new LVP flooring, paint, appliances, cabinets, vanities, and trim.
- Painted all buildings, and carports, and resurfaced/restriped parking lots.
- Increased NOI from $550,000 to over $800,000 a year
The Vue at Stone Mountain
- Dekalb, Georgia
- $1,350,000 in CapEx
- Repositioned property – Starting occupancy – 52% – Finished occupancy – 91% (2019).
- Completely built one building and 20 units that had to be taken to the studs.
The Vue at Riverdale
- Riverdale, Georgia
- $950,000 in CapEx
- Reposition starting occupancy 62% – ending occupancy 100% (2019)
- Upgraded 64 units – LVP flooring, cabinets, appliances, doors, lights, and paint.
- Gutted clubhouse interior and built with all-new finishes.
The Summit Portfolio at Auburn
- Auburn, Alabama
- Purchased for $19,000,000 in March 2022.
- 187 units across three properties and over 10 acres
- $3,400,000 in CapEx
The View Apartments
90 Units
Alabaster, AL – Purchased October 2022
$1,340,000 CapEx in progress
The Berkley
- Atlanta, Georgia
- $525,000 in CapEx
- 100% Vacant to 100% occupied 30 days after completion.
- Complete rebuild from the ground up.
Timber Hollow Apartments
- Greensboro, NC
- $1,417,000 in CapEx
- Starting occupancy – 32% completed about half the renovations and the property was sold – ending occupancy was 78%.
- Upgraded 72 units, replaced 414 windows, and added shutters. Added 120 canopies, and a new playground.
Camden Pointe
- Tallahassee, FL
- $3,500,000 New Construction
- 100% Occupancy within 90 days
- New construction townhomes for student living.
- 6 New buildings consisting of 58 units.
- Fully furnished
Ashley Park
- Greensboro, NC
- $975,000 in Cap Ex
- Starting occupancy 54% – ended 97% 2016
Colonial Place
- Charlotte, NC
- $1,700,000 in Cap Ex
- Starting occupancy 78% – ended 100% (2017)
Student Housing Communities
University Crossings
- Columbus, GA
- 2018-2021
- $900,000 in CAPEX
- Increased Rents by 25%, Occupancy 100% three years running, Implemented RUBS.
@ The Lodge
- Weatherford, OK
- 2018-2021
- $800,000 in CAPEX
- Repaired and painted (6) three-story buildings, Renovated clubhouse with LVP flooring and paint. Renovated 63 units. Increased rents by 20%, occupancy from 75% to 92%. New roofs on all buildings.
Hawkeye Towers
- Managed 2018-2021
- $400,000 in CAPEX
- NOI Increase of 25%.
