Private Real Estate

We provide investors access to the full spectrum of commercial private real estate investing.  There are four main strategies for Private Real Estate investing:

 Core

Core Plus

 Value-Add

Opportunistic

 

Core and Core-Plus are the more conservative strategies of owning commercial private real estate.  These types of properties are already developed and are fully in commerce.  Most Core and Core-Plus funds own income producing properties with low to moderate levels of debt.  Investments into Core / Core-Plus funds are usually the first level of entry by endowments and pension funds.  The industry standard index used by institutions to monitor the performance of Core private real estate ownership is the NFI ODCE index.  Since the index inception in 1978, it has only generated negative annual returns four times.

 

Value-Add and Opportunistic Properties

This category represents properties that are being renovated, redeveloped, or developed from the ground up.  These types of properties may have little or no cash flow immediately (unlike Core investments), but they will during the latter phases.  A much larger portion of the return is from price appreciation and not yield.

Liquidity

Core and Core-Plus investments offer better liquidity for investors than Value-Add or Opportunistic investments.  In recent years, many major institutional private real estate firms have created funds which offer monthly or quarterly liquidity windows for investors.  Thus, making illiquidity of private real estate less of an issue for most investors.

We predominately work with well-established private real estate firms who historically have catered to institutional investors.  Firms include Blackstone, Starwood, Jones Lange LaSalle, Oaktree, Nuveen, Clarion Partners, Greystar, Origin Investing, and Sovereign Partners.