With a long term perspective, we seek to acquire quality properties below replacement cost in major metropolitan areas, and then maximize its value through either or a combination of value-add initiatives, enhanced management, preferred financing terms, aggressive leasing and additional development or redevelopment.

 
 

Core+

Strategic locations in large metropolitan areas

Institutional quality new or recently renovated buildings

Long-term leases with substantial increases, strong cash flow from day 1

Triple net leases

Credit-rated tenants

Quarterly cash flow distributions

Long-term fixed rate loans not to exceed 60% of property value and no personal guarantees

Properties sit on land that can may be redeveloped or re-positioned

Fund vehicles with strong corporate governance and third-party auditors

 

Value Add

Large metropolitan areas

Buildings that can become institutional quality through significant rehabilitation

Low or not in-place current income

Target credit-rated tenants that will commit to long-term triple net leases

Long-term fixed rate loans not to exceed 60% of property value

No personal guarantees

Development of unused land or redevelopment of obsolete structures

Fund vehicles with strong corporate governance and third-party auditors