Our acquisition strategy focuses on the following scenarios:
In and around NYC:
Stalled development projects that require a combination of capital and/or development expertise to complete the project. We can partner with the developer, purchase the property or the debt, or some combination of the two.
Outside NYC:
In secondary markets, properties where rents and/or occupancy have suffered because the previous owner was capital constrained or otherwise neglected opportunities to improve the property to its full potential.