Our Process
Strong Reputation
Strong relationships and reputation for integrity, reliability, creative problem-solving and performing under limited time constraints, which help generate attractive and often proprietary
investment opportunities.
Alignment of Interests
There is always net equity invested after fees. The principals and employees invest at least 10% of equity in each investment and broadly share the promoted interest among the professional staff.
Vertically Integrated
Managing our own assets allows us to provide the highest level of service, tailered to meet the needs of our residents, employees, and partners. We can reduce long-term business costs for the stakeholders while maximizing the resident experience. Streamlined decision making and clear communication allow for timely execution of the business plan.
Investment Strategies
- Balanced approach between IRR and Equity Multiple.
- Calculated property improvements to generate high return on investment.
- Capture the spread between stabilized Return on Cost and Exit Cap Rates.
- Pursue refinancings that will produce tax-deferred distributions.
- Disciplined philosophy to sell at the appropriate time.
- Capture arbitrage between hotel price and stabilized apartment value.
- Mitigate development risk by utilizing a rezoning contingency.
- Strategically reconfigure the property to maximize Net Operating Income.
- Minimize risk profile by offering low gross rents in the subject submarket.
- Disciplined philosophy to refinance and sell at appropriate times
- Generate IRR and Equity Multiple to compensate for risk profile.
- Build when existing assets are trading above replacement cost.
- Purchase undervalued land in the path of growth.
- Utilize Sterling’s strategic partnerships to create highly efficient communities.
- Pursue refinancings to return investor capital and provide long-term stabilized cash flow.
- VALUE ADD
-
- Balanced approach between IRR and Equity Multiple.
- Calculated property improvements to generate high return on investment.
- Capture the spread between stabilized Return on Cost and Exit Cap Rates.
- Pursue refinancings that will produce tax-deferred distributions.
- Disciplined philosophy to sell at the appropriate time.
- ADAPTIVE REUSE
-
- Capture arbitrage between hotel price and stabilized apartment value.
- Mitigate development risk by utilizing a rezoning contingency.
- Strategically reconfigure the property to maximize Net Operating Income.
- Minimize risk profile by offering low gross rents in the subject submarket.
- Disciplined philosophy to refinance and sell at appropriate times
- DEVELOPMENT
-
- Generate IRR and Equity Multiple to compensate for risk profile.
- Build when existing assets are trading above replacement cost.
- Purchase undervalued land in the path of growth.
- Utilize Sterling’s strategic partnerships to create highly efficient communities.
- Pursue refinancings to return investor capital and provide long-term stabilized cash flow.