Risk Management
Risk Managment
Our approach to risk-management if informed by decades of real estate development experience, a thorough understanding of the peer-reviewed research, and disciplined execution.
- Projects diversified by location, sector, size, risk profile
- Experienced local developers with proven track records
- Cap rate discipline; leverage discipline; construction discipline
- Tax incentive programs (OZ, TIF, Sales Tax Rebate, HTC, etc.)
- Sound financial model assumptions
- Proximity to robust employment
- Barriers to entry
- Compliance
For a few readings on risk management in real estate projects and portfolios, see:
- “Real Estate Development Strategies and Their Impact on the Risk Profile of a Project,” Ellen Gehner & Gert-Joost Peek, 2009.
- “Project Risk Management,” Association of Project Management Body of Knowledge 7th Edition, 2018.
- “Measuring Portfolio Risk,” Brealey, Myers & Allen, Principles of Corporate Finance 12th Edition, 2016.
- “What Determined the Great Cap Rate Compression of 2000–2007, and the Dramatic Reversal During the 2008–2009 Financial Crisis?”, Serguei Chervachidze & William Wheaton, The Journal of Real Estate Finance and Economics, 2011.