| Investment Opportunities
Our top ten target markets are selected for investment through a methodical process of peak-to-peak cycle tracking, indicators for job and population growth, and potential liquidity. We believe that value-add investments generate the best risk-adjusted returns, so we focus on those investments with conservative leverage.
Opening for Investment Fall 2020
- Strategized to deliver superior risk-adjusted returns through value-add assets in our ten target markets
- 16-18% internal rates of return anticipated
- 19 years average tenure and 30 years average industry experience of specialized investment management team
Designed to maximize the alignment of interests between sponsors, partners, and principals.
- As of Q4 2019, 85% of committed capital, $51.1M in 15 assets across 4 states
- 9% cumulative preferred return to the LPs, no catch up, and no acquisition fees
- Office, light industrial, build-to-suit development, and mixed-use office & retail
- Opened for investment in 2016, closed for acquisitions in 2020
A portfolio of value-add, discounted acquisitions turned to profitable dispositions.
- 94.3% of committed capital invested $24M in 11 assets across 4 states
- Spread of 2.3M sqft with aggregate value of $305M
- Opened for investment in 2011, closed for acquisitions in 2015
Opening investment strategy defining the profitable scope.
- $26.4M of assets across Texas totaling 557,691 sqft
- 1.93X equity multiple with 11% IRR
- Opened for investment in 2002, fully realized in 2012