VALUE ADD
BLVD pursues opportunities to acquire existing assets which are under-utilized, dilapidated or mismanaged in both transitional and mature markets, executing a business plan to rehabilitate the property, turnaround management and maximize the asset value.
DISTRESSED & OPPORTUNISTIC
BLVD invests in properties and markets that are distressed due to cyclical or temporary dislocations, mismanagement, or capital starvation. BLVD leverages its experience and capital base in opportunistic situations where speed or surety of execution provide favorable purchasing opportunities.
NICHE MARKET
BLVD invests in specialized niche market strategies where it can earn favorable risk adjusted returns through a combination of leveraging its existing expertise and development of deep specialty knowledge.
VALUE ADD
BLVD pursues opportunities to acquire existing assets which are under-utilized, dilapidated or mismanaged in both transitional and mature markets, executing a business plan to rehabilitate the property, turnaround management and maximize the asset value.
DISTRESSED & OPPORTUNISTIC
BLVD invests in properties and markets that are distressed due to cyclical or temporary dislocations, mismanagement, or capital starvation. BLVD leverages its experience and capital base in opportunisitic situations where speed or surety of execution provide favorable puchasing opportunities.
NICHE MARKET
BLVD invests in specialized niche market strategies where it can earn favorable risk adjusted returns through a combination of leveraging its existing expertise and development of deep specialty knowledge.
THE COMPANY
BLVD Capital is a privately held real estate investment company founded on the basis of value investing philosophies, focusing on distressed, opportunistic, value-add and niche market real estate assets. Within these classes, BLVD typically targets underperforming properties that often require significant renovations and hands-on management to realize the assets’ full potential.
BLVD constantly assesses market conditions and end-user demand in order to identify short and long term inefficiencies and arbitrage opportunities. Subsequent to identifying broader market opportunity, BLVD applies a methodical four pronged approach to set the stage for realizing superior returns: 1) Source opportunities with an attractive basis or potential for outsized upside while retaining an acceptable margin of safety; 2) Perform disciplined diligence to identify key opportunities and risks; 3) Closely manage the execution of the business plan and adjust based on moving market conditions; and 4) Monitor the market to identify changing market metrics in order to identify the appropriate time to exit the asset.
BLVD and its principals have a proven track record of successfully investing in over $1.5 billion of properties across multiple strategies, and a current portfolio of $700 million in assets.
