Monitor market conditions, target sectors and geographies

Identify distressed, undervalued, and overlooked markets and investment opportunities

Capitalize on extensive sourcing relationships

Co-invest with strategic financial partners

Identify and implement “best practices” to rescue troubled opportunities

Apply consistent and disciplined due diligence and underwriting

Stress all assumptions to understand downside

Structure and price each investment on an absolute and relative basis

Use sophisticated structures to enhance controls and liquidity as well as create additional exit strategies

Maximize alignment of interest with partners and borrowers

Rigorous quarterly re-underwriting

Hands on asset management to ensure optimization of business plans and investment objectives

Proactive, not reactive, asset management strategy

Constant communication with, and assessment of, operating partners, borrowers, and brokers

Monitor potential exit strategies

Understand market trends and impact on terminal asset value and exit timing

Maintain objectivity – never fall in love with the real estate