Our Approach
We are relentlessly focused on asymmetric risk/reward.
We seek to identify markets with favorable long term growth prospects and attractive supply and demand characteristics. At the asset level, we look for opportunities with an acceptable margin of safety and clear path to improvement.
We deploy a simple 3-pronged process: Acquire, Improve, Hold.
Acquire
We buy income producing real estate in quality locations, at a discount to physical replacement cost.
Improve
We pursue comprehensive value-add initiatives by investing capital to improve physical and operational aspects of the asset.
Hold
We put attractive long term financing in place, generate cash flow, and look for our next opportunity.