37th Parallel Properties - December 2017



Looking Back on Our 2017

December 2017


Proven Yield in a Low-Yield Environment Meet Patricia Duncan


Understanding Depreciation

Asset Optimization Part I


Happy New Year Upcoming Events and Important Dates

Happy Holidays!

T he holiday season is upon us, and it’s a time for family, friends, and expressions of gratitude. Every year at this time, I can’t help but be reflective. Looking back, I am very grateful for a prosperous 2017. It was a year in which we added more than $40 million

to information and education. We also introduced Evidence Based Investing, the most comprehensive white paper about this asset class in our industry. Our investor community continues to expand with an increasing number of referrals from our list of satisfied clients.

https://37parallel.com/book/. Please note that we will begin shipping the book in January 2018. It was also the first full year for our asset manager, Andrew Patacca, and our executive assistant, Rebecca Arnold. Given the growth of our company, we also moved our office into a larger space in the Scott’s addition area of Richmond. This office move should accommodate our growth for at least the next 10 years. In 2017, we began mailing a monthly newsletter and are grateful to have received so much positive feedback from our investors. All in all, 2017 will go down as a great year of expansion and profitability for our company and investor community. season. I look forward to continuing our partnership and our success into 2018 and beyond. –Chad Doty I wish you and your family health, happiness, and a wonderful holiday

worth of new assets. On top of that, 2017

We also published the booklet “Smarter Investing Through Commercial Multifamily Apartments.” It’s designed as a direct discussion about retirement and the role multifamily real estate can play in creating stable passive income and equity growth.

marked the year in which we became an advisory board member to the National Multifamily Housing Council. We made the Inc 5000 list of fastest growing companies for a second year running, which is a feat that is rarely accomplished.

If you haven’t already done so, you can request a free copy for yourself and one for any colleague that you feel is qualified and would benefit from exposure to this asset class at

In 2017, we launched the latest version of our website with expanded resources that further confirm our commitment

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