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Our Investment Approach
Transcendent seeks to capitalize on the total opportunity spectrum by being real estate opportunists when the market is dropping, and long-term holders when the cycle moves upward. The company employs a flexible approach to sourcing and structuring real estate-related investments across a range of geographies and asset classes, including investments in securities, direct lending, partnerships and joint ventures.
In general, Transcendent Investments focuses on untapped opportunities in less efficiently priced corners of the national market where the potential for substantial risk-adjusted returns persists whether in debt, equity, lien structured products or physical assets themselves. Transcendent does not simply look to purchase assets at fire-sale prices and hold them for recovery. Instead, the company’s investment positions take advantage of well-defined opportunities with limited downside risk within market niches that play to the strengths of its management team.
In all cases, Transcendent seeks out investments that are socially responsible as well as profitable, adding value to neighborhoods and communities as well as to its stakeholders.
Real Estate Strategy
Transcendent follows the following strategy to making real estate investments:
Asset identification – determining which properties have the greatest potential to increase in value.
Asset preservation –working with lenders, homeowner associations and other stakeholders to stabilize the asset
Asset valuation – evaluating competitive properties to make strategic pricing decisions
Asset disposition – determining an exit strategy and estimated timetable at an early stage in the acquisition process
Through this strategy, Transcendent has compiled an excellent record of performance in the real estate investment sector.
Real Estate Investments
In the real estate sector, Transcendent seeks investments that typically fall into the following categories:
Distressed Assets
Transcendent seeks out assets that are facing financial pressures, including deferred/abandoned developments, slow lease-up or sell-out situations, uncompleted developments and bankruptcy situations.
Distressed Debt
Transcendent seeks to purchase or joint venture discounted distressed real estate debt as single-asset purchases or portfolio sales. This includes maturing, restructured, modified, construction, mezzanine and other mortgage loans. Transcendent has strong relationships with lenders across the country that value the company’s ability to fulfill its commitments and close deals without delay.
Bank-Owned Assets
Transcendent also invests directly in residential and commercial real estate by acquiring bank-owned assets (REO properties) from national and international institutions.
Secondary Market - Residential
Transcendent forges strategic relationships with alternate market lenders, individual investment groups and funds to acquire residential properties and enhance their values. The company works closely with operators with scalable strengths for the acquisition, rehabilitation and disposition of these investments across several secondary markets.
Municipal Debt
Transcendent works with municipalities across the nation to facilitate the sale of delinquent taxes and obtain the best values. For its clients and partners, Transcendent uses its in-house technology and expertise to evaluate and acquire tax liens and properties.
Project-Based Capital
Transcendent originates first-position collateralized loans across the United States on commercial or residential projects with predictable cash flows and significant potential to appreciate in value. These loans are secured by a variety of property types, including condominium conversions, single-family development, retail, office, industrial, multifamily and self-storage properties.
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