We seek to generate attractive risk-adjusted returns while maximizing downside protection for investors through our disciplined and thematic investment approach

We seek to identify dislocations in the risk-return spectrum, acquiring assets that we believe are undervalued by the capital markets and developing and/or repositioning these assets to generate significant yield enhancement relative to prevailing cap rates.

We target investments in the highly fragmented middle and lower-middle U.S. real estate markets

To capitalize on inherent inefficiencies in an effort to generate attractive risk-adjusted returns for our investors and alpha compared to the institutional real estate equity market

We seek opportunities that we believe have low to moderate market correlation, strong secular demand drivers, and long-term, durable cash flows

Our investment strategy is driven by micro- and macro-economic and demographic trends where we identify emerging supply-demand imbalances and/or dislocations in the risk-return spectrum that we believe benefit from long-term tailwinds

We believe that the fundamental tenet of investment management is the management of risk, not returns

With a primary focus on risk management, our goal is to eliminate binary outcomes through investment strategies that provide optionality and asymmetric return profiles, seeking to diverge from the often-inescapable linear risk-return correlation 

 

We seek to combine the best practices and capabilities from institutional investment managers and family offices

Coupling a comprehensive institutional investment process with a nimble platform that has: the ability to easily pivot alongside changing market conditions, centralized and efficient decision making, and strategic flexibility to invest across the equity stack

We strive to be consistent and reliable long-term partners with all of our operating partners and stakeholders by focusing on aligning interests 

We believe that our well-established reputation as a transparent, highly efficient, and collaborative counterparty helps us generate strong proprietary deal flow and long-term, programmatic partnerships 

We invest primarily in joint venture partnerships alongside best-in-class institutional sponsors that have seasoned management teams

We seek complimentary joint ventures that combine our institutional platform and ability to efficiently navigate complex situations with the tactical expertise of our operating partners spanning across sectors, geographies and/or business plans

 Investment Parameters

  • Common equity joint ventures (i.e., LP equity and Co-GP equity) and preferred equity

  • $5 million to +$25 million

  • $20 million to +$80 million

  • Conventional Multifamily, Single-Family Build-for-Rent, and Industrial/Logistics

  • Office (e.g., Medical, Life Science), Retail, and Non-Core Sectors (e.g., Data Centers)

  • Development, redevelopment, value-add, adaptive re-use, distressed, land entitlement, and sub-institutional portfolio aggregation

  • National; primary, secondary and select tertiary U.S. MSAs including suburban submarkets

  • Three to seven years

  • Opportunistic

  • Institutional and emerging with seasoned leadership teams and geographic and/or sector-specific competitive advantages

For more information regarding projects, partnerships and more, please contact us today.