BGI's REFRESH Program  click images to learn more ^ BGI’S REFRESH PROGRAM is the company’s Moderate Rehab Value Add Program. REFRESH is for existing assets which may simply be underperforming their market potential. These are often properties operating productively at acquisition, but which can deliver a 10% to 20% rent and/or occupancy increase from a targeted new investment to correct obsolescence issues. With REFRESH, we focus on identifying undervalued properties with the potential for improved performance as a result of direct new investment in physical upgrades, improved property and/or asset management, and/or improvements to the existing capital structure of the asset. BGI has strengths to correct deficiencies in each of these areas. BGI has employed this strategy to increase value in its own aging but well located properties and also applies it to new multifamily investments where the REFRESH PROGRAM will produce value added results.