Our Platforms

Real Estate

Our Edge

Obsession with understanding present and future drivers of demand

Ingenuity to think beyond the paradigms of traditional real estate to satisfy unmet needs in the marketplace

Execution of management intensive strategies with a history of unlocking excess value across traditional asset classes

Adaptive to changes in market dynamics and ability to pivot to where we see the most relative value and protect our clients' capital

undefined

Multi-FamilyStrategy: Vero Sade

Vertically integrated owner operator focused on creating the future of multifamily living, through a global lifestyle brand (Us Living), while capturing value across every phase of development and operations.

Learn more about Vero SadeLearn More
null

Investment Strategy

01

Develop and reposition Class A multifamily assets, into a network of branded Us Living communities providing members with a unique living experience through the convergence of amenities across traditional real estate asset classes

02

The Us Living model integrates a social club, bar, cafe, workspace and daily programming customized to the individual community with the utilization of technology and constant data monitoring of member interest

03

Build a network of multiple communities across cities that provide residents with a home in different neighborhoods

Target Markets

Texas and select Southeast markets, where population and job growth are expected to continue to significantly outpace the U.S. average

undefined

FinanceStrategy: Real Estate Finance (VREF)

Creating customized capital solutions for sponsors seeking gap capital to accommodate their financing needs.

null

Investment Strategy

01

Originate and acquire subordinate debt and preferred equity investments on transitional and stabilized assets to provide “gap” capital in the 60-90% LTV range

02

Leverage and complement the overall Vero platform to generate real-time market knowledge, tap into local market expertise and proactively manage investments after closing

03

Generate superior risk-adjusted returns by pursuing middle-market opportunities where Vero has extensive experience on assets with strong demand drivers

04

Mitigate investment risks through creative financial and legal structuring

05

Invest with high-quality, well capitalized, middle-market sponsors with strong track records of successfully executing similar business plans in respective target markets

Target Markets

  • Contiguous United States with a focus on the top 50 MSAs
undefined

IndustrialStrategy: Vero Co-Warehousing

Providing the future of the warehousing workplace by integrating multiple services, concepts, and amenities to meet the evolved demands of the new age of tenants.

null

Investment Strategy

01

Acquire Class B warehouse buildings that are vacant or soon to be vacant and reposition to co-warehousing facilities

02

Install modular walls to create 50-100 suites (ranging from 200 SF to 2,000 SF) and create amenities (photo studio, lounge, office suites, etc.)

03

Engage a co-warehousing operator to manage the facilities and provide ancillary logistics services

04

Achieve significant rent premiums, targeting 10-12% stabilized yield on cost, 600bps wide of current market cap rates

Target Markets

  • Markets with robust population and employment growth
  • Near a major interstate or logistics hub (airport, seaport, etc.)
  • Retail amenities and food options within 10-minute drive
  • Infill submarkets transitioning out of pure industrial use
undefined

OfficeStrategy: Vero A2R

Office operator dedicated to delivering experiential office environments that meet the rapidly evolving needs of new age tenants, while utilizing an expertise in innovative capital structures.

null

Investment Strategy

01

Acquire and create high-end office properties located in sub-markets that fit our research-driven target criteria

02

Unlock value through the convergence of amenities and placemaking aimed to meet the needs of office occupiers of the future

03

Apply rigorous asset management approach to achieve operating efficiencies, increase occupancy, extend lease terms, and enhance tenant experiences

04

Generate a differentiated source of excess return through innovative capital structuring

Target Markets

  • High-growth sunbelt sub-markets experiencing secular tailwinds
  • Pathway-of-growth locations with strong barriers to new development, close proximity to differentiated retail amenities, and institutional ownership
  • Micro-markets with high concentrations of collaborative and front-office employees and tenant investment in industries of the future
undefined

Private Equity

Our extensive network of relationships with industry leaders provides us with a consistent flow of private equity opportunities where we can add strategic value.

null
Industry

Sports, education, entertainment, hospitality and consumer products

Equity Investment

$2-10 million

Co-Invest Partners

Focus on top tier private equity firms or industry leaders

Investment Type

Participate in majority investments or minority stakes

Hold Period

3-10 years

Stage

Primarily profitable, cash flowing companies with track record of steady growth and high performing management teams

Representative Transactions

Impact

We continue to build on the long-standing mission we established as Admiral Capital, to support the communities where we invest.

null