Garrison's Real Estate

REAL ESTATE

Garrison's Real Estate team has built a powerful engine for sourcing, underwriting, asset managing and exiting real estate investments in both the US and Europe and throughout the capital spectrum.

The basis of our equity and debt businesses is a focus on thoughtful underwriting of transitional assets. Our equity acquisition and debt origination teams have extensive experience throughout cycles and across most major property types including hospitality, retail, senior housing, office and industrial assets and portfolios. Our in-house asset management teams are managed by long-time operational veterans of specific property types and are heavily relied upon throughout the investment process.

Our equity business has managed a series of private equity real estate funds that seek to leverage our in-house asset management function to add value to existing properties and achieve opportunistic returns. We have launched a program to acquire more stabilized income-producing assets that can be held for longer duration.

Our debt business provides floating rate first mortgage loans, B-notes, mezzanine debt and preferred equity in the US as well as non-recourse solutions to European borrowers seeking to either effectuate a discounted payoff or acquire new property. We seek to offer borrowers competitive terms and flexible capital structures. We take an equity approach to our structuring and underwriting. As a full service real estate firm, all underwriting is done in house with a bottom-up approach focusing on asset value and a defined exit strategy.

Both our real estate equity and debt businesses focus on preserving investor capital and downside protection. Our expertise in complex, off‐the‐run transactions has resulted in a unique competitive position within the real estate fund space. We view our real estate program as complementary to larger‐cap peers, particularly given our targeted deal profile size and our nimble and comprehensive approach to executing throughout the risk spectrum and capital structure.