upper-market class B
properties with significant
potential, entailing 200+
multifamily units or
100,000+ SF developments
asset value through
re-tenanting, interior
upgrades, and hands-on
management
entire property cycle with
each investment:
acquisition, construction &
renovation, stabilization,
financing, and exit
through a compelling sale
opportunity utilizing a ‘lease vs.
sell’ analysis approach—realizing
the full value-add potential (3-5
years) or a partial realization on
investment (2-3 years)
entire property
cycle with each
investment: acquisition,
construction &
renovation, stabilization,
financing, and exit
upper-market class B
properties with significant
upside potential, generally
entailing 200+ units
(multifamily) or 100,000+
SF (development)
through a compelling sale
opportunity utilizing a ‘lease
vs. sell’ analysis
approach—realizing the full
value-add potential (3-5
years) or a partial realization
on investment (2-3 years)
asset value
through covetable
re-tenanting, strategic
upgrade programs,
and hands-on
operational
management
Identify core assets with
steep value-add upside,
execute business plan and
exit timeline
6%+ cap rates for value-add,
joint venture co-investment at
90/10 LP/GP, 80%+ LTC ratio,
senior debt with agency financing