Never lose sight of the basics. We insist upon extraordinary supply constrained submarkets and clear, recurring structural demand. Generate potential for rental growth while mitigating occupancy, obsolescence and liquidity risks.
Always maximize alignment. We offer more direct access to local sharpshooting operators on an exclusive basis, and provide our operating partners access to institutional capital on better terms.
Buy from less sophisticated and undercapitalized owners in less competitive and more idiosyncratic transactions. Roll-up a well-constructed portfolio for sale to institutional buyers. We create product for institutional buyers.
Liquidity equals value. More liquidity options means more potential value is created and risk mitigated. This is why we focus on portfolio roll-up strategies – it creates liquidity options. The first question we ask is, "who will buy our assets when we complete our business plan?".
Risk should be shared equitably. Create the right incentives for the profitable days as well as the unforeseen moments.
Do only what's worth doing. We're not here to "put money to work". We're here to INVEST.
Ask questions, it makes one a better investor. What we don’t know is far greater than what we do know.
It doesn’t matter if news is good, bad or neutral - be early and frequent in communicating. What matters is that we are informed in a timely, transparent manner. Surprises don’t work.
