Value-add, property repositioning, and rehabilitation. Core and core-plus stabilized assets. Opportunistic ground-up development. No matter the strategy to be executed, we have the expertise in-house to successfully navigate the often-difficult terrain of today’s complex market conditions.
We pioneered the urban investment concept among institutional real estate managers in the mid-1990s, recognizing the potential of urban property markets – an investment frontier in which few, if any, of our peers were staking a claim.
Having focused on this market niche for the past 35 years, we have the requisite skillset to execute urban/smart-growth investment strategies, whether they involve developing new properties, renovating existing buildings, or acquiring and managing stabilized assets.
Our personnel are well-versed in the complexities of the urban “Gateway Cities” and “Growth Cities” marketplace and have a proven ability to identify emerging opportunities, execute complex transactions that require creative structuring and financing, shepherd development projects to stabilization, and manage operating properties to higher values.
Over the years, we have fine-tuned our comprehensive, research-driven investment strategy and management process that emphasizes maximizing returns while mitigating risks at each stage of a real estate asset’s life cycle – from predevelopment to stabilization and disposition. We structure direct and strategic capital provider investments to maintain flexibility at all times and continually analyze potential exits to mitigate risks or capitalize on shifts in capital-market and property-market conditions.
We have provided real estate investment management services for more than 40 major institutions in the U.S. and overseas since 1987, both in single-investor accounts and in commingled funds. Procedures are well-established for asset management, development, and construction management; portfolio management, research, risk management, and client services; finance/accounting and cash management, and investor reporting.
Our senior team has developed properties since the early 1980s – a solid foundation that enables us to both build properties internally and maintain strong controls over the construction process when we partner with third-party development firms. We are accustomed to working with our development partners and local agencies to overcome the regulatory, environmental, and capital issues that urban development projects encounter. We have demonstrated success in implementing equitable and sustainable development practices while achieving market returns.