Lease-up strategy
Pricing, concession, and tenanting strategy set against the underwriting rather than against the fastest path to occupancy.
Lease-Up & Asset Management
From certificate of occupancy to stabilized occupancy — then the exit the underwriting called for.
A building is not finished at certificate of occupancy. It is finished when it is leased to the occupancy the underwriting assumed, at the rents the underwriting assumed, on lease terms that will survive a refinance or a sale.
We stay in through lease-up and asset management rather than handing a half-leased building to someone else and calling the project delivered. Our capital stays in until our partners' business plan is realised — which means the exit decision is made on the merits, not because a promote clock ran out.
Our capital stays in until our partners' business plan is realised.
What this includes
Leasing oversight
Broker selection and management, deal review, and lease negotiation on terms that hold up at refinance or sale.
Tenant coordination
Tenant improvement scope, allowances, and delivery coordinated against committed occupancy dates.
Operations & budgeting
Operating budgets, service contracts, and capital planning through the hold.
Partner reporting
Reporting against the original business plan, including where results diverge from it.
Refinance & disposition
Executing the exit the underwriting called for — refinance and hold, or sale.
How we engage
- 01
Launch
We take the building to market with pricing set against the underwriting.
- 02
Lease
We negotiate leases that will hold their value at refinance or sale.
- 03
Stabilize
We reach the occupancy and rent roll the business plan assumed.
- 04
Realise
We refinance and hold, or sell, per the plan the capital was raised on.
Sectors we apply this to
The same capability, underwritten differently by asset class.
Individuals, family offices & institutions
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