For over 70 collective years, Arenda Capital Management and its predecessor companies have been solely focused on high-quality commercial and multifamily properties across the United States. By employing only the most conservative underwriting standards, Arenda Capital Management is uniquely positioned with no “legacy issues” and the ability to fill a market need by providing liquidity to over-levered financial institutions and investors. By employing scale, Arenda will have the ability to purchase a diverse portfolio of high quality assets without the use of significant leverage.
The Principals of Arenda Capital Management have also built a reputation for high architectural taste and pride of ownerships in all of their projects. With its roots in the retail business, Arenda truly understands the partnership that exists between tenants and landlord. It is this attention to quality coupled with a generational ownership philosophy that has consistently resulted in limited turnover and longstanding relationships with tenants (asset value growth?).
The Current Opportunity:
Many banks and other real estate investors in the United States are currently facing a credit crisis that will require them to liquidate substantial real estate holdings over the next three years in a cleansing of their portfolios. What began as a liquidity and confidence crisis in 2007, manifesting in the failure of AIG, Bear Stearns, and Lehmans Brothers in 2008, will continue as a portfolio cleansing that we believe will last at least until 2017 when the last of the 2007 commercial real estate debt matures. We are currently seeking to purchase REO properties and real estate notes from the banks that have decided to move past their portfolio problems.
Competitive Advantages:
Arenda Capital Management was formed as a Joint Venture of Arenda Capital, Rhyno Capital Management, and Meyer Pacific with the expressed purpose to seek to capitalize on the fundamental dislocation in the real estate capital markets that began in the summer of 2007. This is likely to be an extended cycle of recapitalization, so we anticipate having an extended period of opportunity to be buyers.
Commercial Real Estate relationships are forged over many years and many deals. Arenda Capital Management has pre-existing, scalable, and long term relationships with the top capital brokers, banking institutions, and real estate brokers across the United States and will be filling a market need by buying their real estate assets. A pipeline of deal flow is only achievable through breadth and depth of relationships and experience in the institutional real estate investment marketplace. Arenda Capital Management has these strategic relationships and the knowledge to capitalize on the opportunities afforded there from.
Arenda Capital Management is strongly positioned to deploy capital during this significant shift in real estate pricing and is not distracted by lingering “legacy issues” caused by overly aggressive investment decisions from the past.
See Management Biographies:
» Dusan Miletich
» Ryan Millsap
» Evan Meyer