Our Strategy
What we look for in our investments
Sub-InstitutionaL
Our core investment thesis focuses on buying real estate that is often overlooked by larger institutional players and mismanaged by current ownership groups.
Value-Add
Intrinsic value-add properties have historically proven high yield.
Supply Constrained
When supply is limited, asset classes experience strong appreciation over time and increased tenant demand.
Recession Resilient
We seek spaces that have an inherently diversified tenant base due to location and flexible zoning uses. We focus on asset classes where demand remains improves with economic pressure.
Predictable Expenses
Asset classes with predictable CapEx and OpEx expenses make a plug-and-play formula for value-add deals.
Tenant Demand
Growth cities = demand from contractors, building industry, warehousing + distribution and attainable housing.
Low Turnover
Sticky Tenant Base. We like legacy businesses and communities that tend to expand within their existing space. Logistics of moving are cumbersome and costly for these tenants.
Sourcing off-market deals through relationship building and joint-ventures has proven to be the best way to identify well-priced, mismanaged sub-institutional assets with potential for value-add. We focus our energy on cold calling owners of real estate and creating strategic broker relationships that allow us to have a first look. This ultimately allows us to buy assets under market value. Our sub-institutional real estate portfolio is built on these types of properties and we’ve developed a keen eye for identifying and making these deals happen.
Source
Identify and contact owners and key decision makers through direct mail + cold calling to generate organic leads.
Nurture
Build strong relationships with property owners, partners, management teams and brokers to be top of mind as a go-to buyer.
CLOSE
Be in the best position to offer sellers favorable terms when they’re ready (cash, quick closing)