When acquiring its real estate assets, Pathfinder considers supply and demand conditions, cost basis relative to comparable properties in the immediate area and value relative to other investment classes. We seek to create value through investments that are:

Opportunistic – We capitalize upon market inefficiencies, over-leveraged investors, liquidating funds and other conditions that lead to motivated sellers. We also seek to identify catalysts for change and changes in the cycle of a market.

Value-Added – Our principals seek to redevelop and reposition assets through aggressive leasing, creative asset management and selected capital improvements to make properties suitable for sale to institutional investors and REITs or the conversion of apartments to condominiums.

Core Investments – We will also consider core investments that are characterized by relatively low vacancy rates, relatively low capital expenditure requirements and positive cash flow. Typically, we seek a catalyst or other opportunity in these investments. Catalysts might include above average lease roll-over risk or leases that are below current and projected market rates.