“Our investment thesis is pretty simple: We focus on densely populated, ethnically diverse communities that have an existing mismatch between supply and demand of community-serving retail and affordable housing.”
“Half the battle is recognizing that urban development requires a partnership between the community and the developer. The mayor understands the breadth of the agendas of both the public and private sectors.”
“This sale demonstrates that State Place and the surrounding community are thriving. As investors in urban areas, we look for exactly this type of opportunity to turn a dilapidated building into a high-quality mixed-use development that transforms the neighborhood.”
