Maximizing Value-Add Investments
We focus on value-add investments across all CRE asset types. Our strategy is to thoroughly understand our markets and identify what we believe are the best risk-adjusted returns, regardless of asset class.
About Us
Our Investment Philosophy at Local Asset Management
At Local Asset Management, we believe in a strategic approach to real estate investments.
Acquiring CRE Investments Below Replacement Costs
All of our CRE investments have been acquired below replacement costs to enhance the margin of safety. When the market rushes into an asset class and drives valuations above replacement cost, we avoid chasing that momentum.
Risk Mitigation Through Multiple Exit Strategies
Our investments are underwritten with multiple exit strategies to mitigate risk. We believe that having optionality when acquiring an asset provides greater security than relying on a single, rigid business plan.
Local Owner/Operator of Assets
Local owner/operator with alignment of interests: We pride ourselves on being operators. We actively manage our assets daily, executing the business plans we’ve established.
Our principals and employees also invest alongside our Partners, ensuring alignment of interests.
Flexible Capital Allocation
Our structure provides flexibility when allocating capital. This allows us to purchase assets via equity (operating the asset) and invest via debt (lending to experienced operators), targeting appropriate risk-adjusted returns.