Investment Criteria
  Product Type:   Retail, Industrial, Office, Medical Office Buildings
 
  Geography/Locations:   Primary and secondary markets in California

High visibility and access

In-fill / supply-constrained locations
 
  Project Size:   $5-50MM
 
  Characteristics:   “Value-Add” properties with re-positioning and appreciation potential

CMBS and bank note acquisitions

Discount to replacement cost

Financial complexity, including restructuring and recapitalization
 
  Operating Structures:   Equity joint venture with capital partners, Fee development for property owners and users, Joint ventures with property owners and users
 
  Additional Services:   Asset management, property management, construction management, strategic acquisition and disposition services.