EMMES’ longtime strategic vision is to recognize dislocation in the real estate markets and associated capital markets to identify rifle shot, often times contrarian, approaches to unlocking value. Over EMMES’ history, these strategies have included the purchase and repositioning of distressed, complex or undervalued properties, the purchase of illiquid limited partnership interests and the purchase of mortgage loans in the secondary market (debt-to-control strategy). In addition, EMMES has originated short-term senior debt, mezzanine debt and preferred equity.
Since inception, EMMES has invested in over 400 real estate assets (includes multifamily, office, industrial and retail) totaling more than 40 million square feet and located across the U.S. (28 states) and in Japan. EMMES has a strong reputation for closing on large, complex transactions in multiple property types. Although EMMES’ investments are quite varied in their makeup, location and challenges, they each benefit from aggressive, innovative and hands-on management led by a focused team of real estate specialists.
EMMES’ knowledge of multiple property types and understanding of different geographic markets has led to the revitalization of underperforming assets through creative and entrepreneurial value-enhancement strategies, including sustainability improvements. EMMES’ asset management philosophy is to approach each asset from an owner’s perspective and to focus on enhancing fundamental and long-term value.