Investment Opportunities with Soglowek Capital
US affordable housing, sourced off-market and run by our own team, from acquisition to exit.
Two Ways to Invest
A programmatic joint venture, investing in a series of our deals on agreed terms, is also available. Terms are agreed with each investor.
Who We Are
Soglowek Capital and UBM Ventures build affordable housing in the US. We buy, renovate, develop and rent homes for the average American, and create value through what we control: buying below market, renovating and building, rather than betting on rising prices.
UBM Ventures is led by three partners, Uri Soglowek, Meke Kattan and Beau Vuillemot, two of whom live in Tampa Bay. Uri is the fourth generation of the Soglowek family business, co-founder of the Soglowek Family Office, and a former COO of a US developer with about $2 billion in projected sales.
A turnkey, 360-degree operation
- A dedicated team of over 120 contractors paid directly by us, including our renovation crews
- An in-house realtor and title, so we control every step from purchase to sale
- Capacity to run up to 15 flips at the same time
- Sonar, our own AI-based deal-sourcing software
- Our own manufactured home dealership
Our Deal Flow
Sonar, the AI-based deal-sourcing software we built, finds off-market opportunities, including non-performing assets and non-performing loans, across Tampa Bay, Jacksonville, Ocala, Tallahassee, Atlanta, Alabama, Cleveland and other Ohio markets.
Because we buy off-market, we pay less than buyers competing on the open market. That is why our returns are high and stable. We also buy for cash, which sharply cuts project costs and raises profit per project.
Fix-and-Flip
Our fix-and-flips deliver an average 25% profit in 160–180 days.
- Short hold, typically several months
- Each deal stands on its own, with a clear entry and exit
- Investors choose the deals they want, or we package several deals together
| Market | Cash purchase price | Rehab |
|---|---|---|
| Florida | about $180,000 | $40,000–$70,000 |
| Cleveland and Ohio | about $80,000 | $20,000–$30,000 |
Typical per-deal terms: the investor funds 40% of total project cost (purchase plus renovation) and receives 50% of the profit. A lender funds the rest.
The power of cash: when an investor funds the entire project in cash, there is no lender to pay. That saves about $30,000 per project on average in lender costs. It also saves about 20 hours of loan paperwork per project, time that costs us money too. Every dollar saved goes straight to profit. An all-cash deal is simply more profitable.
Section 8 Rental Homes
We buy single-family homes for about $80,000–$160,000 and rent them through Section 8, the federal Housing Choice Voucher program. The local housing authority pays most of the rent directly to us, so cash flow is steadier than ordinary rentals.
- Government-backed rent and strong tenant demand
- Built on our renovation crews: a home can be held for rent instead of sold
- A rental portfolio we can sell when the market rises
Cleveland example: Section 8 rents across 53 ZIP codes
| Home size | Monthly rent, range | Monthly rent, median |
|---|---|---|
| 2 bedrooms | $1,320–$1,920 | $1,480 |
| 3 bedrooms | $1,700–$2,470 | $1,900 |
| 4 bedrooms | $1,820–$2,640 | $2,040 |
A typical Cleveland home costs about $100,000–$110,000 all-in: about $80,000 to buy plus $20,000–$30,000 to renovate. At the median 3-bedroom rent of $1,900 a month, that is about $22,800 a year, a gross yield of roughly 21–23% before taxes, insurance, management and vacancy.
Manufactured Housing Development
We hold an option to buy 300 acres and develop over 500 manufactured homes. We have already developed a 30-home community of this kind, and it was a success.
| Item | Per home | 500 homes |
|---|---|---|
| Development cost | about $266,000 | about $133 million |
| Expected sale price | $330,000–$350,000 | $165–175 million |
| Gross margin | $64,000–$84,000 | $32–42 million |
That is a gross margin of about 24–32% on cost, before financing and selling costs.
Why manufactured housing: the government needs this product, and we are ahead of the wave
- Housing shortage: Freddie Mac estimated in November 2024 that the US is short about 3.7 million homes (as of Q3 2024).
- Cost gap: per 2024 Census and HUD data, a new manufactured home costs about half as much per square foot to build as a new site-built home, excluding land.
- New federal law: the 21st Century ROAD to Housing Act, signed July 11, 2026 (Public Law 119-101), removes the requirement for a permanent steel chassis, opening new options in design, transport, foundations and multi-story building. States must confirm within a year that they treat these homes equally for financing, titling, insurance, taxes and installation.
- More financing: the same law raised FHA Title I loan limits for manufactured homes, and HUD published an action plan in October 2026 to put the building-code changes into effect.
- Conventional mortgages: Fannie Mae and Freddie Mac run dedicated programs for high-standard manufactured homes (MH Advantage and CHOICEHome), aligned in February 2026. Under Duty to Serve, eligible loans on manufactured homes titled as real property can get pricing fees waived.
- Florida: HB 399 (2026) requires that a manufactured home titled as real property be allowed by right in any zone that allows single-family homes. Hernando County, where we operate, must update its code by January 2027.
- Other states: in January 2026 New York Governor Kathy Hochul announced dedicated state investment in manufactured housing, approved in the FY27 budget under MOVE-IN NY.
The homes are built in a factory, away from the weather, and installed quickly. We buy the land, handle permits, site work, wells and septic, and install new Champion homes through our own dealership. We then sell or rent them as affordable housing or to snowbirds.
New Port Richey Multifamily Portfolio (107 Units)
Six properties in New Port Richey, Florida, in the Tampa Bay area: 71 stabilized units about 96% occupied, plus 36 units in lease-up.
| Item | Amount |
|---|---|
| Acquisition cost | $6,930,000 (about $64,800 per unit) |
| Rehab price per unit | $20,000 (about $2,140,000 for all 107 units) |
Projected income after rehab (conservative)
| Item | Amount |
|---|---|
| Total project cost | about $9,070,000 (about $84,800 per unit) |
| Rent per unit after rehab | $1,300 a month (today: just under $1,200) |
| Gross rent, 107 units | about $1,670,000 a year (about 18% of cost) |
| Net operating income, after 40–45% operating costs | about $920,000–$1,000,000 a year |
| Return on total cost, before debt | about 10–11% |
We are buying well below replacement cost through a short sale, now waiting for the seller's lender to approve. Closing is targeted by December 20, 2026.
One deal of many
New Port Richey is one of many deals we have. For an investor looking for deals like this one, we can build a dedicated team to hunt them down. With our proven underwriting models and Sonar, our deal-sourcing software, we can find more deals like it.
The timing is right: about $1.5 billion in multifamily loans are about to mature, and we estimate multifamily prices will be cut by about 50%.