As a long-term and value-oriented investor, we analyze each investment with a primary focus on minimizing downside risk, protecting invested principal and generating an appropriate risk-adjusted return.
Our investment strategy relies heavily on:
We actively monitor our investments to ensure operational control and to be a more value-added partner to our borrowers and sponsors. We also selectively consider third-party-led senior and subordinate debt financings, review portfolio purchases and opportunistically consider the purchase of stressed and discounted debt positions.
Asset values of $10-250 million
Attractive basis with above-average supply/demand dynamics
Solid credit fundamentals
Strong market position with competitive economic advantage
Experienced sponsors with deep property and local market experience
Appropriately structured and documented investment
Return opportunity that compensates for perceived risk
*Not every investment meets each of the below criteria.