The Picerne Group strategically acquires Class A apartments in core, supply constrained U.S. markets. Our acquisitions may be through a purchase of fee title, or through the purchase of discounted notes that are converted to fee title. The Picerne Group focuses on supply-constrained markets and high-quality locations. The Picerne Group has invested hundreds of millions of dollars in the western U.S. and acquired over 3,000 Class A multifamily units in Denver, Phoenix and Las Vegas using this strategy.