INVESTMENT FOCUS
We acquire underperforming, mismanaged, and value-added assets across the Southeastern United States and other submarkets on a selective basis. We have a holistic asset-agnostic approach to investing. We strive to be entrepreneurial and like niche investing alongside proven partners.
01
Opportunistic
High growth opportunities catalyzed by market distress.
02
Value
Optimization strategies driven by market expansion.
03
Duration Driven & Recession Resilient
Investments show a lower correlation to market cycles.
CREATING VALUE
The process of extracting value is a process that requires a deep knowledge of real estate, planning, and oversight. The business plan is created upon capitalization and often includes strategies to address occupancy issues, mismanagement, deferred maintenance, rent mark-to-market strategies, and property repositioning, resulting in value creation.
Renovate
Lease-Up
Build
A PROVEN FORMULA FOR SUCCESS
FVP has refined its investment philosophy throughout the years; however, the key ingredients for delivering the returns that consistently outperformed real estate market indices and its competitors have remained the same. They are:
INVESTMENT PHILOSOPHY
We acquire underperforming, mismanaged, and value-added assets across the Southeastern United States and other submarkets on a selective basis. We have a holistic asset-agnostic approach to investing. We strive to be entrepreneurial, and we like niche investing alongside proven partners.
Price Matters
Price sensitivity is paramount to our process. Buying on a favorable basis is a key step to delivering above average returns. We believe replacement cost is a strong benchmark and indicator of value.
Search for Catalyst
We search for catalysts supporting growth prospects, such as population growth, job creation, and other positive economic activities.
Opportunistic
We look for mismanaged assets and off-market properties where we can exploit our specialized expertise to unlock value.
Stress Test
We like to acquire assets with low volatility. We stress test for near-death procedures to understand how volatile an investment is to market conditions.
Partnership
Local expertise and asset class expertise is paramount. Always choose a sharpshooter to lead the way.
Plan the Exit
We like to create a margin of safety and understand what happens if things don’t go our way. There is always a Plan B.
Joint Ventures and Partnerships
Strong partnerships allow us to aggregate investments via local and regional operating partners.
Debt
- FVP (on a selective basis) may consider bridge, mezzanine, or preferred equity financing
Anchor Limited Partner
- FVP can serve as the Anchor Investor of a Limited Partnership
GP/ Co-GP
- FVP can participate as a General Partner or a Co-General Partner