Our Funds

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Value-add commercial real estate investments typically target properties that have in-place cash flow, but seek to increase that cash flow over time by making improvements to or repositioning the property. This could include making physical improvements to the asset that will allow it to command higher rents, increasing efforts to lease vacant space at the property to quality tenants, or improving the management of the property and thereby increasing customer satisfaction or lowering operating expenses where possible. Once the NOI is successfully increased at the property, typically we will seek to sell the asset to capture the resulting appreciation in value. These projects bear more risk due to the fact that at the time of acquisition, the property is not operating at its full  potential—often times because it is not fully leased, is leased at below market rents, has not been properly maintained or is poorly managed. For many investors, however, value add projects provide the perfect balance of risk vs. return, offering  in-place cash flow at the time of acquisition with significant upside  potential in the form of value appreciation.

Opportunistic real estate investments follow the value add approach but take it a step further on the risk spectrum. Opportunistic properties tend to need significant rehabilitation in order to realize their potential.  Often times these assets will be fully vacant at the time of acquisition or we will seek to develop raw land from the ground up. These types of projects offer the highest level of return.  When opportunistic business plans are successful, they generally achieve higher returns to investors than value add strategies through substantial appreciation in value.

Our debt fund consists of capital that lends money to our current owned real estate assets. Investors in these funds receive periodic payments for the interest charged against loaned capital, and security charged against property assets, which takes the form of a mortgage. Our debt fund is also focused on construction to perm loans for ground up developments.