ValFund invests opportunistically among real estate asset classes, geographies and capital structures as market conditions and risk/return dynamics change
FUNDAMENTAL VALUE APPROACH
ValFund focuses on investing in opportunities that offer intrinsic long-term value. We seek to acquire or develop real estate assets at attractive values relative to replacement cost, stabilized cash flow and comparable market sales and to avoid opportunities where the key value drivers involve financial engineering. ValFund underwrites investments on an unleveraged basis and then customizes capital structures to optimize our risk-adjusted returns.
PROPERTY TYPE AND GEOGRAPHIC FOCUS
ValFund focuses primarily on investments in storage, office, single-family, and hospitality assets in the south eastern United States. However, we maintiain the flexibility to invest across property types, geographic markets and capital structures. We believe that this approach will allow us to maximize risk-adjusted returns by proactively targeting specific investment types and geographies given changes in market conditions.