We turn apartment complexes into communities anyone would be proud to call home
Invest With Us
Our Investment Criteria
Emerging Markets
Markets with job growth, population growth, and low crime rates.
Emerging Location
B Neighborhoods with Rent growth and less than 10% average vacancy.
Size
100+ units minimum, $8M and above
Deal Type
Hybrid = Cash flowing complex with add value opportunity.
Financing
New Agency Loan 75% LTC Or Loan Assumption + New Agency Loan 75% LTC + Cash
Returns
8% minimum Cash on Cash 100% ROI in 5-6 years
Portfolio
Our Recent Projects

Pines of Lanier
2354 Pine Cove Cir
Gainesville, GA
157 Units

Clearbrook Village
3516 Tall Oaks Cir
Memphis, TN
144 Units

Hampstead Oaks Apartments
200 Hampstead Ave
Savannah, GA
87 Units

Forest Creek
4663 Waldorf Dr
Forest Park, GA
136 Units
Our Company
Our Company Currently Owns
0
Properties
0
Total units
0
Atlanta
0
Memphis
Meet The Team
Our Team

Rafael Mizrahi
Founder, Managing Partner

Rafael Mizrahi
Founder, Managing Partner
Rafi Mizrahi is an out of state real estate investor since 2010. Rafi developed a skill set to overcome the distance. He has extensive experience in raising money from out of state investors, building and managing professional teams all over the country, property valuation, negotiating and acquisition. Rafi started as a single family home investor in 2010 and since he was involved in more than 300 transactions as the Acquisition partner and as the raising capital partner. In 2017 he shifted the focus to Multi Family and and syndicated 766 units worth more than 50 million dollars.

Dave Sherbal
Asset Manager

Dave Sherbal
Asset Manager
Dave Sherbal oversees Proud Communities' assets. He has over twenty-five years experience in asset management, due diligence, value-add, budgeting & oversight, and asset repositioning. His background experience includes management of over 14,000 units across 10 states, with an emphasis on multifamily value-add properties. He holds multiple degrees including an M.B.A. from State University of New York (SUNY) at Buffalo, NY, a in B.S. Accounting, Magma Cum Laude, (SUNY) at Buffalo, NY and is affiliated with the American Institute of Certified Public Accountants.
In addition, Dave is an Advisory Board Member of Neighborhood Pay Services, serving actively since 2014.

Bryan Brinson
Property Management

Bryan Brinson
Property Management
Bryan Brinson is the on the ground advisor and supervisor. He tour properties on the behalf of Proud Communities and provide intel about neighborhoods and properties. Bryan has a large network of connections in the local
market.
Bryan Brinson, Managing Partner of Meridian Management Group, has extensive experience in Real Estate which has covered all aspects of development, acquisition, asset management, construction management, lease up and disposition. Mr. Brinson has supervised the construction, lease up and property rehabilitation in excess of $20 million dollars. Mr. Brinson successfully integrated over 8,000 multi-family units, with a total portfolio value in excess of $400 million dollars.