Investment Approach
We seek to generate attractive risk-adjusted returns with upside potential through capital appreciation and or repositioning where we have intimate knowledge of the market and the situation of each asset.
Investment Objective
- Capital preservation and attractive risk-adjusted returns.
- Create long-term value through execution and a hands-on management approach.
- Align interests between principals and investors through transparency and significant capital commitment.
- Target investment themes based on macroeconomic and real estate market trends.
- Identify mispriced opportunities not recognized by the broader market.
Value-Added Repositioning
- Opportunities focused on value creation as opposed to “quick flips”.
- Properties that are under-managed or under-capitalized.
- Opportunities mispriced or undetected by the current market.
- Continuation of successful investment practice in all property types.
Distressed Situations
- Target CMBS Default situations.
- Identify properties in special servicing, foreclosure, and bankruptcy.
- Maximize returns by adding value through ability to take control of properties.
- Fund redevelopment capital necessary to convert properties to their highest and best uses.
In-fill Development or Redevelopment
- Longer-term, complicated projects with significant profit potential.
- Projects with time horizons beyond the holding period of typical real estate opportunity funds.
- Unique opportunities with significant competitive advantage.