UIP Companies
UIP Companies Overview
Industry
About UIP Companies
The UIP Companies, Inc., established in 2001, is a Washington, D.C.-based real estate investment firm specializing in multi-family and mixed-use residential properties.
With a focus on the Washington, D.C. metropolitan area, UIP has invested over $2 billion in the local real estate market. It currently manages approximately 3,000 apartments and associated Class A and B retail spaces.
Core Activities and Strategy
UIP's core activities include "heavy lift" value-add strategies that reposition assets and significantly increase operating income. By preserving historic, irreplaceable assets and upgrading building systems and finishes, UIP provides a differentiated rental product to a more discerning clientele.
The firm renovates and restores underutilized housing inventory, acquiring properties in core residential neighborhoods at compelling prices. This often is based on deferred maintenance and constrained rents.
Targeted, cost-efficient capital upgrades allow UIP to rent renovated apartments at market rates, thereby improving cash flow.
Vertically Integrated Approach
The company's vertically integrated approach encompasses development, construction, and property management. This enables UIP to maintain control over all aspects of its projects.
This integration has allowed UIP to deliver consistent risk-adjusted returns, irrespective of broader market cycles. Since its inception, UIP has acquired, renovated, sold, and owned more than 5,000 rental and condominium units.
Core Values and Community Involvement
UIP's core values—ingenuity, leadership, excellence, integrity, and accountability—guide its operations and decision-making processes.
The company is committed to giving back to the community through initiatives such as working with the Anne Frank House and the Capital Area Food Bank.
Location and Presence
The UIP Companies operates primarily in the Washington, D.C. metropolitan area. Its offices include:
- Washington, DC, USA
- Arlington, VA, USA