The Company is seeking to grow its current portfolio with well-located investments that are expected to produce strong risk-adjusted returns over the long-term by considering income-producing and development projects in submarkets with existing and/or planned transportation infrastructure, such as walk-to Metro. In addition, the Company is focused on opportunities that have strong prospects for appreciation due to supply/demand constraints, high barriers to entry, shifting demographic/employment trends and the like.
The Company prefers to make investments that it will own and manage itself, given its vertical integration and existing infrastructure. Investments are capitalized with moderate leverage using its own equity, and for larger deals, in joint-ventures with private and institutional partners. Passive equity investments are considered with other operators if the risk-adjusted returns and opportunities are very compelling.