Target Markets

Focusing exclusively on the United States, we target the top 25 to 30 urban metropolitan markets as well as markets with proximity to port cities. We look for markets that exhibit:

• Favorable demographic trends (population, migration and immigration growth)
• Low unemployment rates and high job growth markets in comparison to national and regional averages
• High barriers to entry for new supply
• Home ownership affordability (a large differential in the cost to own versus the cost to rent)
• Extensive infrastructure in terms of freeways, ports, rail and air service that leads to superior distribution of goods
• Gateway cities for existing and future growth in international trade
• Quality of life and destination areas

Within each asset type (industrial, multifamily, office and retail), we have developed a unique set of investment criteria to identify compelling investment opportunities.