Real Estate

Our real estate acquisition strategy is based on two factors:
basis and value creation.

Return on cost and relative value are driven by these metrics and guide our core acquisition principles regarding real estate.
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Product Types

We have owned and managed virtually every product type and our extensive network of joint venture partners allows us to comfortably invest across a range of property types, including:
  • Industrial
  • Multifamily
  • Retail
  • Office
  • Self Storage
  • Land
  • Data Centers
  • Life Science

Acquisition Criteria

We acquire assets to execute a variety of strategies to achieve a return on cost or safety of margin wide of the market.

Core-plus Strategies

  • Mark-to-market Rents
  • Improved Operations
  • Renovations
  • Financial Engineering

Opportunistic Strategies

  • Reposition or change-of-use
  • Lease-up
  • Entitlement
  • Ground-up Development

Types of Transactions

  • Fee Simple Purchases
  • Distressed Debt
  • Majority or Minority Interest Acquisitions
  • Net Lease & Sale Leasebacks
  • Mezzanine Debt & Preferred Equity
  • Joint Ventures & Co-GP Capital
  • Ground Leases
  • Illiquid Interests (Private Equity Funds, TIC Interests, etc.)