Platform Investing

WHY IS THE REAL ESTATE INDUSTRY READY FOR PLATFORM LEVEL INVESTMENT?

  • Deleveraging is driving consolidation and squeezing intermediaries
  • Operators recognize value of a strong balance sheet
  • Investors are seeking stable managers with enhanced governance and greater alignment of interests at lower costs
  • Prevalent Asset-by-Asset Approach Falls Short

ENLIGHTENED INVESTORS

  • Recognize the higher cost and misalignment of interests in the commingled fund and JV models
  • Foresee the benefits of exit strategy flexibility
  • Appreciate the value added by strategic structuring and fiduciary resources to insure successful outcome

LEADING OPERATORS

  • Recognize the imperative of a stronger capital structure
  • Are experiencing competitive pressures from larger public company peers
  • Are seeking an enhanced enterprise structure and business strategy to capitalize on emerging opportunities
  • Are frustrated by limitations of raising capital solely at the asset level