Senior Director - Asset Management at Diversified Real Estate Capital - Chicago, Illinois, United States
Since 2003, Diversified Real Estate Capital, LLC has offered equity capital and expertise for the leading commercial real estate organizations in the U.S. Funding is provided by a group of ultra high-net-worth individuals and family office investors seeking to diversify their assets and earn the significant returns associated with high-quality real estate investments. The Company maintains in-depth relationships with both its investors and joint venture partners, believing that these relationships are a key competitive advantage in the volatile investment environment.The Company offers its investors real estate expertise in management, renovation, development, financing, leasing and strategic re-positioning to help them realize the highest long-term value on their investments. Diversified typically seeks to exit a property through sale to institutional buyers. On occasion, the Company does own and manage properties over a longer period when this is the appropriate investment strategy.Diversified Real Estate Capital has participated in excess of $2 billion in commercial real estate transactions providing in excess of $700 million of equity capital. The Company looks to create institutional quality assets focused on office, retail, multi-family, industrial, residential and mixed-use properties. The Company has a particular interest in Central Business District (CBD) opportunities. Diversified Real Estate Capital offers its real estate partners a competitive advantage by providing flexible equity capital in a streamlined process to rapidly take advantage of unique opportunities.Investments typically range from $50 million to $150 million in equity, with no more than 65% leverage at the property level. Diversified is active with a build-to-core development program in major growth markets in the U.S. The Company also sponsors a $500 investment fund focused on development and investment in Qualified Opportunity Zones.