We seek to acquire high quality, well-located assets below replacement cost to mitigate downside risk. Value Add opportunities are typically well-located properties that are underperforming their potential due to deficiencies in the physical plant or in the existing management.
Our approach is hands-on, targeting properties that we believe are undervalued, possess cash flow potential and may benefit from the implementation of a rigorous, value-added asset management plan where value can be created through focused operational and financial management.
This plan may involve capital improvements, expense reduction, proactive leasing, capital restructuring or asset repositioning.
We pursue opportunistic projects across multiple sectors through our extensive network in the Southeast by investing with longstanding operating partners in new development sites or by developing them ourselves.
We execute this strategy by traditional land purchase and construction, solving a problem with an existing site to clear the way for a transformative development, partnering with a city or municipality, or by identifying and solving an issue with an existing structure in a cost-effective way.
Additionally, Iron Bridge has experience in underwriting and funding complex and situational real estate transactions. These special situations can be in the form of bridge loans and other special situation debt opportunities, secured by a broad range of real estate assets.