Long-term ownership of quality assets can mitigate some of the risk of real estate cycles. Overland Real Estate seeks opportunities that allow for steady growth in cash flow over time. Further, assets are capitalized with debt and equity for a long term hold, thus avoiding issues associated with untimely debt maturities or forced asset sales.
A favorable cost basis is key to any successful acquisition or development project. Direct-to-owner off-market solicitation, broken listings, and distressed purchase opportunities are the preferred channels through which Overland Real Estate generates opportunities.
The best way to understand and mitigate market risk, as well as identify and secure opportunities, is to be in the market every day and have intimate knowledge of the demographic, economic, political, and social trends that impact a market, submarket, neighborhood, block or specific lot. To this end, Overland Real Estate focuses on, and specializes in, Pacific Northwest real estate.
Multifamily and mixed use investment and development is a nuanced business that requires deep expertise in both asset executions and operations to optimize cash flow and investor returns. Overland Real Estate relies on its deep experience in this asset class to mitigate risk and capitalize on opportunities.
Real estate value creation can occur in several ways, generally by optimizing the margins - between development cost and value, between cap rates and financing rates, between operating revenue and operating expenses. Overland Real Estate is dedicated to effective margin management of its investments.
Within the multifamily and mixed-use real estate space, acquisition and development opportunities may present across a variety of execution strategies - from core-plus to value-add to development – and across multifamily product types – from luxury mixed use to subsidized affordable housing. Understanding these strategies and being able to execute on them maintains the benefits of focus while allowing for market opportunism in subsectors that may not be as competitively priced. Further, working across the income spectrum can provide counter-cyclical opportunities to balance portfolio performance.