The Company’s purpose is to establish closed end funds that will acquire heavily discounted distressed and value-added real estate assets including non-and under-performing real estate debt. Both value-added and income-producing assets will be targeted for acquisition. The exit strategy will entail the disposition of the assets for a significant profit at a financially opportune time as determined by the principals of the firm.
WAM’s funds will invest in multiple qualified investments. The principals are currently evaluating prospective assets and may immediately begin acquisitions given its attractive identified opportunities.
The principals of WAM have a track record of producing above average risk-adjusted returns for their investors. Via closed-end comingled funds the Company intends to obtain high risk-adjusted investment returns through an opportunistic and value-added investment strategy. Acquisitions will be focused on under- and non-performing debt, distressed residential developments and income-producing office and retail properties. These balanced, value-added funds seek to:
• Acquire well-located, geographically diverse, quality real estate
• Concentrate on niche properties in supply-constrained markets at or below replacement cost
• Capitalize on the current down cycle in almost all classes of real estate
• Take advantage of locked-up debt and equity markets
The principals of WAM, have developed real estate expertise across a wide spectrum of real estate disciplines over the past 23 years. Utilizing the firm’s capital and investor funds, the principals have invested in residential, office, retail and multi-family properties. In addition, Winsor companies have actively acquired, leased, managed, and refinanced firm assets.
Target Regions:
South Carolina, North Carolina, Georgia, Florida and the New England states. At the Manager’s discretion, WAM may invest in assets outside of these regions.
Target Properties:
The Manager will initially target distressed residential real estate. Currently, the most heavily discounted properties include stalled subdivisions, fractured town home and condominium projects and land approved for residential use. Secured residential and commercial real estate loans will also be considered if discounted dramatically enough. As economic weakness spreads and lending tightens, commercial real estate values may experience significant downward pressure. Consequently, the Company will also evaluate such real estate including apartment, office and retail properties that have income streams and value-added potential.
