Investment Strategies
Direct Investments
ESI continues to pursue direct investment opportunities, with a focus on acquiring, developing, and/or improving properties for successful operation and eventual sale or hold. ESI targets value creation through leasing, capital or tenant improvements, redevelopment, adaptive re-use, or curing distress.
Projects with the following high-level attributes
are generally of interest:
All commercial property types with a focus on multifamily, hospitality, and industrial;
Opportunistic investments, both ground-up development and value-add;
Geographically located on the west coast (Texas-west), with a focus on CA and AZ;
Projects with the need for flexible capital solutions or facing capital stack distress;
- Off-market and/or not subject to competitive bidding
ESI is actively seeking emerging sponsorship groups who have the following characteristics:
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Demonstrable institutional CRE experience;
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Early-to-beginning phases of proprietary investing;
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Ability to fund at least 20% of the GP portion of the capital stack;
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Desire for programmatic relationship.
In this role, ESI is acting as an accretive resource and addition to the lead sponsorship’s team. Providing support and guidance through:
Balance sheet and credit support for satisfaction of net worth and liquidity covenants;
Institutionally vetted resume;
Contribution of LP investor network;
Expertise in capital markets, development, and construction.