We believe that core assets are over priced and that opportunistic investments provide a better alternative to build value. Therefore, we purposefully have chosen to shy away from properties which do not provide a reasonable expectation of yielding minimum returns in the mid to high teens. Our approach is simple and straight forward:
Objectives - We take on a very focused fiduciary mentality in all we do. Our goal is to:
Preserve and protect invested capital
Build value through cash flow and/or appreciation
Operations - We are not passive investors. We will always:
Be relentless in our pursuit of opportunities
Employ rigorous underwriting
Maintain prudent risk controls
Utilize intensive hands-on management
Target - To meet our goals, we focus on several types of acquisitions and development opportunities including:
Value Add Properties
Land Assets which may require assemblage, entitlements or "seasoning"
Joint Venture Equity
Distressed Real Estate Loans
We are equally comfortable working with office, residential, medical, retail, industrial and hospitality assets
Alignment - We believe that underlying most successful real estate investments are operating companies whose interests are closely aligned with capital partners. Therefore:
We co-invest with our partners
Our financial success is directly tied to the performance of the property