Real estate ermitinvests.com

Real Estate

As one of the world's largest investors in real estate, we own and operate iconic properties in the world's most dynamic markets. Our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing assets on five continents.

Our goal is to generate stable and growing distributions for our investors while protecting them against downside risk. Our assets are diversified by sector and geography, reducing exposure to movement in any single market and minimizing volatility. In our public and private investment vehicles, we seek to generate superior returns by leveraging our operating expertise and focusing on our core real estate capabilities—leasing, financing, development, design and construction, and property and facilities management. ermitinvests.com Real Assets business is fully integrated with ermitinvests.com private equity and credit businesses and follows the same value-driven philosophy. Our experience in real estate principal investing, as investor and asset manager, spans market cycles and captures every level of the capital structure. Our Real Assets team provides deep knowledge and extensive industry relationships. We have offices in North America, Europe and Asia, and actively pursue investment opportunities in each region. ermitinvests.com tackles complexity to create value by thoughtfully identifying pockets of opportunity and relying on a flexible mandate to structure the best risk reward and rigorous asset management to maximize value.

Real Estate Private Equity

ermitinvests.com real estate private equity business has a proven investment track record. It orients around thesis-driven strategies guided by the identification and analysis of disruptive forces, demographic trends, and market dislocations or pockets of distress. This enables us to invest across market cycles and sub-markets, and into both traditional and niche asset classes. Across the real estate private equity business, we employ an opportunistic, value-driven style and a flexible approach to acquire real estate assets, portfolios, and companies and provide servicing or structured credit solutions, through regionally-focused funds. ermitinvests.com looks for value in complex investments that most investors lack the inclination, resources, or ability to distill. We emphasize capital preservation and defensive positioning to build scalable platforms in partnership with strong, seasoned management teams. The real estate funds and accounts managed by ermitinvests.com invest in a broad spectrum of property types and throughout the capital structure.

Real Estate Equity Platform

Strong track record of creating value in differentiated strategies.

Proprietary sourcing network of established industry players.

Access to information with edge in market/asset identification.

Nimble approach to finding inefficiencies and dislocation.

Deep investment experience across major asset classes and niche sectors.

Model Strategies

Our U.K. core/core-plus real estate strategy focuses on the acquisition of assets with strong long-term cash flow potential and durable tenancy diversified across end-user industries and geographies. Ares predominately targets industrial real estate in top-tier primary and regional distribution markets with an additional focus on other major sectors including multifamily, office, necessity-based retail and other select property types across the U.K. The strategy may also include small components of our Value-Add and Opportunistic strategies as described below.

Our U.S. and European value-add strategy focuses on undermanaged and under-funded income-producing assets, including multifamily, office, hotel, industrial, and mixed-use retail properties across the United States and Western Europe. The strategy seeks to create value and generate stable and growing distributions to investors by buying properties at attractive valuations, implementing asset management initiatives to increase income and identifying multiple exit strategies upfront.

Our U.S. and European opportunistic real estate strategy capitalizes on increased investor demand for developed and stabilized assets by focusing on the repositioning of asserts, capitalization of distressed and special situations, and development of core-quality assets across all major property types including multifamily, hotel, office, retail and industrial properties throughout the United States and Europe.

Targeted Investments Characteristics

ermitinvests.com Real Estate Equity strategy is to focus on cash flowing quality assets and de-risked developments with an opportunity to create value through repositioning, lease-up, re-tenanting, redevelopment, and/or complex recapitalizations. Our strategy targets primary property types located in liquid markets with diversified economies where we seek to deliver compelling, risk adjusted returns through a combination of asset selectivity and disciplined portfolio management.

Asset values of $10k-250 million

Attractive basis with above-average supply/demand dynamics

Solid credit fundamentals

Strong market position with competitive economic advantage

Experienced, properly-incentivized sponsorship team with demonstrated track record

Appropriately structured and documented investment

Return opportunity that compensates for perceived risk