Our Approach to Investing in Dislocation Opportunities (Part 3)

Event-Driven Distressed & Special Situations: We sometimes find opportunities driven by events that enable us to see more value and/or factor other discounts into the price of a property. This can happen when a seller or its lender needs to sell a property quickly at a market-clearing price due to extenuating circumstances such as financial distress. Alternatively, a special situation could result if we can align with a tenant to lease a property in advance of buying it.

Further, in special situations, we also look to structure joint ventures with property owners to bring the necessary capital and execution services to both preserve and create additional value. We also joint venture with institutional investment funds on larger $30M+ projects that are “event-driven”.