Strategy

Over-looked, under-performing or impaired real estate

• Obsolete physical structure, weak tenancy, inefficient management

Off-market or proprietary investment opportunities

• Informational advantage and/or specialized knowledge

Best-in-class financial, legal and operating partners

• Strategic relationships that provide a competitive advantage

Hands-on asset management and execution of business plan

• Consistent oversight of leasing, development, capital investment

Flexibility/optionality throughout the investment cycle

• Identification of multiple exit strategies, add-on acquisitions

Urban and suburban core locations, with proximity to rooftops, employment drivers and mass transit

• Highly developed infrastructure, multiple barriers to entry and established investor base able to provide liquidity

Historically, the northeast corridor (New York, Tri-State, Mid-Atlantic markets) and southeast growth markets (Florida, Carolinas, Georgia)

• Will evaluate opportunities in other regional markets that meet investment criteria

Residential - Rental apartments, for-sale condominium and co-op

Retail - Urban high street, credit-anchored suburban

Office - Urban value-add, multi-story suburban with in-place anchor

Hospitality - Urban full-service, value-add, resort