Midsized Equity Investments
By typically deploying $5 - $20 million of equity capital per transaction into real estate assets ranging from $20 million to $75 million in value, Glenmont targets a sector of the real estate market that suffers from inefficiencies with respect to its access to capital. While this segment of the market is much larger and offers an abundance of opportunities, it has been historically less competitive and is generally below the radar of the larger real estate funds in the market.
Discretionary Capital Provides a Reliable, Streamlined Process
Because Glenmont's capital has already been fully committed and because Glenmont's senior principals exercise full discretion over the investment of its capital, Glenmont is able to be responsive to any given situation and to make decisions quickly and decisively. The result is a transparent investment process for our operating partners, predicated upon a relationship with Glenmont's most senior management team from the outset. Glenmont's agile team and dedicated discretionary capital also allows Glenmont to close as quickly as the situation requires, even in as little as 15 days.
Strong Relationships
At Glenmont, we place the utmost importance on creating mutually beneficial relationships with real estate owners and operators who demonstrate proven, successful track records. While still critical to our investment decisions, the real estate assets themselves often become secondary to the foundation of successful relationships with experienced partners. Nearly all of Glenmont's operating partners have sought Glenmont as their joint venture partner in multiple transactions because of the strong ties formed during their first transaction.
Institutional Capital Base
Glenmont's funds have been established with a highly respected investor base of pension plans from Fortune 500 companies, university and college endowments and foundations. Glenmont's capital is readily available, allowing Glenmont to be responsive, act decisively and commit to investments with conviction.
Flexible Structures
Glenmont's mandate is broad enough to allow it to invest in a variety of high yielding structures and arrangements, permitting Glenmont's capital to be structured appropriately for the situation. Glenmont has the creative capacity and ability to be responsive to any given situation, with no investment "box" to which it must adhere.
Institutional Discipline
Notwithstanding Glenmont's entrepreneurial nature, Glenmont invests capital diligently, leveraging off the institutional backgrounds of its management team. This institutional discipline involves careful analytical underwriting of the microeconomic factors, market analyses of the macroeconomic environment, legal review and other institutional due diligence activities. Glenmont's institutional process is designed to add value and compliment the acquisition processes of its operating partners.
Intellectual Capital
We believe that as an experienced, entrepreneurial and multi disciplined investor, it is not only our obligation to underwrite and invest in opportunistic transactions, but also to contribute to the success of the investments by actively providing our relationships with the expertise and services they may require. |
