VALUE CREATION
Value creation in Real Estate is a culture
at Vision Equities. Our fundamentals are driven by
the simple fact that “it’s about the real estate.”
The investment must meet strict benchmarks for asset
class, market (historical, current, projected), location,
capital commitment, functionality, leaseability, and
operational capability (both near
and long-term). We select our investments solely on
sound real estate fundamentals. Opportunities are
never “financially engineered” to justify an acquisition.
Value creation is an “assembly line” that begins with
the raw material, and through Vision’s execution plan,
transforms the asset into: highly desirable real estate
at attractive rental rates for tenants; sound financial
investment for investors, lenders, and institutional
capital; and a performing, quality ratable for the
host town and municipality.
VE focuses on three main areas to create value:
• High-Quality Core Assets
with Risk Adjusted Returns
- Value is created through high occupancy,
excellent quality operations,
financial management and smart
capital plans to maximize long-term values
• Redevelopment
- Value is created through acquisition
of well located, underutilized assets in
fundamentally sound, in-fill
locations. Vision obtains approvals for redevelopment,
with appropriate capital expenditures,
to achieve maximum rental rates on a time-
sensitive basis. Vision’s redevelopment
projects have been historically sought by
demanding and intuitive corporate
users because our assets outperform the
quality/value equation achievable
in the marketplace.
• Development/Land
Entitlement
- Value is created through seeking out
and obtaining unapproved land parcels
and obtaining as-of-right
or achievable change-of-use approvals. Predicated
on market conditions, Vision
maximizes value through above market sale of
the fully entitled asset
or develops the entire project including
lease-up and operations through
stabilization and ultimate financing and sale
of the asset. Vision’s historical
market knowledge and technical expertise
allows for sites to be identified
and approvals obtained on a timely basis
through effective management
of development, political, environmental,
legal, and design/engineering
and constructability issues.
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