Real Estate Services

Real Estate Equity

Overview

Following the successful launch of Washington Capital’s Mortgage Income strategy3, WaCap branched out to offer equity investments in 1996 when we launched the Real Estate Equity strategy3. Our build-to-hold strategy allows us to blend the return benefits of development projects with the stability offered by operating properties.

Washington Capital’s Real Estate Equity strategy is a core-plus strategy. We seek to enhance returns by allocating funds to development projects. We balance the risk of development projects with the stability of operating properties by holding onto many of our assets upon stabilizations. We also actively acquire and dispose of operating properties in reaction to changes in market conditions.

The Real Estate Equity strategy seeks to invest in core and non-core markets across the United States. The strategy has exposure to a diverse range of property sectors including Office, Industrial, Multi-Family, Retail and Medical Specialty properties. We believe that real estate investors are best served by seeking the benefits of income returns generated at the property-level while realizing the benefits of appreciation.

Overview

Following the successful launch of Washington Capital’s Mortgage Income strategy3, WaCap branched out to offer equity investments in 1996 when we launched the Real Estate Equity strategy3. Our build-to-hold strategy allows us to blend the return benefits of development projects with the stability offered by operating properties.

Washington Capital’s Real Estate Equity strategy is a core-plus strategy. We seek to enhance returns by allocating funds to development projects. We balance the risk of development projects with the stability of operating properties by holding onto many of our assets upon stabilizations. We also actively acquire and dispose of operating properties in reaction to changes in market conditions.

The Real Estate Equity strategy seeks to invest in core and non-core markets across the United States. The strategy has exposure to a diverse range of property sectors including Office, Industrial, Multi-Family, Retail and Medical Specialty properties. We believe that real estate investors are best served by seeking the benefits of income returns generated at the property-level while realizing the benefits of appreciation.

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Investment Process

Washington Capital believes that real estate equity investors are best served by income-producing properties combined with the appreciation benefits of development projects. We seek to create this value in multiple ways: portfolio diversification, a focus on income and executing development opportunities.

Portfolio Diversification

We invest across the United States and seek to allocate to properties located in core business districts (CBD) and non-CBD markets as they tend to have different market cycles. Development properties are targeted between 15% and 30% of the overall portfolio4 to reflect the inherent risk and return associated with these projects. Finally, the size of any individual property is typically limited to no more than 5% of the total portfolio.

Focus On Income

Over market cycles, we believe real estate income returns tend to be less volatile than appreciation returns. We focus on income opportunities and look to acquire and develop properties that we feel have income growth potential. We may also acquire existing properties that can be improved with new capital projects and then repositioned for enhanced income.

Development Opportunities

Our portfolio pursues a core plus strategy with a combination of development projects and stabilized or value-added operating properties. We seek to provide investment returns through capturing the appreciation associated with the development and construction phases of real estate. With our strategy of “build-to-core,” the completed properties may be retained to provide current income and long term capital growth.

Portfolio Diversification

We invest across the United States and seek to allocate to properties located in core business districts (CBD) and non-CBD markets as they tend to have different market cycles. Development properties are targeted between 15% and 30% of the overall portfolio4 to reflect the inherent risk and return associated with these projects. Finally, the size of any individual property is typically limited to no more than 5% of the total portfolio.

Focus On Income

Over market cycles, we believe real estate income returns tend to be less volatile than appreciation returns. We focus on income opportunities and look to acquire and develop properties that we feel have income growth potential. We may also acquire existing properties that can be improved with new capital projects and then repositioned for enhanced income.

Development Opportunities

Our portfolio pursues a core plus strategy with a combination of development projects and stabilized or value-added operating properties. We seek to provide investment returns through capturing the appreciation associated with the development and construction phases of real estate. With our strategy of “build-to-core,” the completed properties may be retained to provide current income and long term capital growth.

Getting Started

Prospective investors and real estate partners can contact Washington Capital by selecting the link below.

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