Investment Strategy
Zhou Realty Services LLC (“Zhou Realty”) acquires well-maintained Class B and C multifamily properties located in municipalities within Hudson and Bergen Counties, New Jersey that are located within: (1) 0.25 of mass transit options to New York City; and (2) municipalities that lack rent control. Prospective acquisitions will have a historic occupancy rate of at least 85% that do not require MEP or structural replacements. Zhou Realty perform minor cosmetic renovations to lobbies, common areas, hallways, and apartment units. Zhou Realty performs in-house property management; and will handle: (1) rent collections, (2) tenant correspondence, (3) management of service vendors and real estate brokers/agents, (4) leasing, (5) tenant screening, (6) legal, (7) etc.
People
Managing Member
Lawrence Zhou
Zhou Realty Services LLC was founded by Lawrence Zhou in 2017. Mr. Zhou has a diverse background in real estate; including roles in acquisitions, dispositions, leasing, property management, asset management, project management, and investments. Mr. Zhou has served a diverse client base; including: utility corporations, family offices, government, private equity investors, government, etc. Mr. Zhou and his wife Marquita currently live in West New York, New Jersey with their rescued dog Oreo.
Education
NYU Schack Institute of Real Estate
M.S. Real Estate Finance & Investments, 2019
NYU Schack Institute of Real Estate
Certificate, Commercial Property Management, 2015
Union College
B.A., Sociology, 2009
Activities & Affiliations
• Elm Community Charter School, Facilities Chairperson