Investment Strategy
BCRE's mission is to develop and deliver best-in-class real estate investment products,
services, operations and superior performance to our investors. Through an approach
based on the highest standard of ethics and integrity, and a commitment to actively
manage and mitigate risk while creatively and consistently building asset value, BCRE
specializes in the business we know best – multifamily investing.
There are four types of investment plays that are likely to be attractive in the next
phase of the investment cycle:
- Cash flow driven acquisitions;
- Distressed assets/financial instruments and/or assets held by under-funded ownership groups;
- Investments in underperforming/distressed markets with strong recovery prospects; and
- Select development opportunities in barrier markets.
Individual investment opportunities may encompass one or more of these investment plays.
BCRE's investments may employ various real estate capital structures including equity,
preferred equity, mezzanine-type financing and bridge financing. BCRE will seek to create
a diversified portfolio of high-yield investments across a broad spectrum of markets,
multifamily assets and capital structures in order to reduce risk while achieving
entrepreneurial returns.
Underscoring BCRE's strategy is a rigorous, bottom-up analytical culture and a "zero-loss"
investment philosophy that is rooted in management's professional background. By
implementing thorough underwriting practices, innovative legal and financial structures
and proactive asset management, BCRE believes it can maximize the prospects for investment
return and minimize the risk of capital loss.
In each of these investment types, BCRE will seek to invest in areas where it believes
that expectations exist for positive future fundamentals including job growth, income
growth and a favorable balance of supply and demand. BCRE will not limit its investments
to particular market types, but will invest across markets as it uncovers attractive
risk/return opportunities.