Core Plus

Value Add / Opportunistic

Investment Strategy

  • Institutional quality in high growth markets
  • Legacy assets/under capitalized sellers
  • Identifiable cost savings
  • Current income from operations
  • Minimal deferred maintenance
  • Priced below replacement cost
  • Moderate cap ex/property enhancement
  • Aggressive leasing approach
  • Moderate risk/return

Market Opportunity

  • Maturity defaults
  • Under capitalized owners
  • Differing outlook on local economies
  • Limited new construction
  • Off-market sourcing

Stadt Group Value Creation

  • Improved operations and management
  • Cost efficiencies - portfolio and discount pricing
  • Re-branding / creative marketing
  • Project repositioning and rehab
  • Future rent increases
  • Creative management solutions
  • Economies of scale thru negotiated contracts
  • Aggressive approach to marketing
  • Hands on & extremely active Manager with a fiduciary mindset

Investment Strategy

  • B/C quality in A/B locations
  • Legacy assets/under capitalized sellers
  • Distressed properties with moderate income
  • Below market occupancies and rents
  • Moderate to high deferred maintenance
  • Priced well below replacement cost
  • Moderate to high cap ex/property enhancement
  • Aggressive leasing approach
  • High risk/return

Market Opportunity

  • REO/Special servicer sales
  • Unmanageable cost basis/market "peak" buyers
  • Requires physical improvement
  • Undercapitalized assets
  • Off-market sourcing

Stadt Group Value Creation

  • Management / Property overhaul
  • Capital infusion
  • Property upgrade (i.e. B- to a B+)
  • Repositioning and / or reintroduction into the market
  • Significant rental increases and vacancy mitigation
  • Tenant retention
  • Increased property value
  • Aggressive approach to marketing
  • Hands on & extremely active Manager with a fiduciary mindset