P I N D Ʌ R
Washington D.C.
Through the "URP" Lens
In Established Areas we look for capital inefficiencies (investment size vs. capital source) and property inefficiencies (functional, use and/or zoning obsolescence).
In Emerging Areas we use our predictive underwriting tools to map the path of neighborhood evolution so we can identify investment opportunities that are ripe now or that we can harvest later.
"Investing without research is like playing stud poker and
never looking at the cards."
- Legendary Investor Peter Lynch
ThereTM
"If you challenge conventional wisdom, you will find ways to do things much
better than they are currently being done." - Bill James, Baseball Statistician
What we look for and track:
REGENERATORS:
Policy makers and concerned stakeholders who use their influence to direct focus, activity and resources (Public Capital) to an area. They are the neighborhood champions.
URGENT Event:
The game changer that will bring large numbers of people to the neighborhood who will spend money to support local businesses.
Catalysts:
Organizations that will be a first mover into a neighborhood and whose presence will cause a shift in perception and focus on the area.
Points of Light:
The little things that collectively change a neighborhood over time - the chef driven restaurant or owner operated business.
Glow Zone:
The area influenced by the collective effect of all the activities outlined
above.
Neighborhood Amenities:
The corner market, book store, coffee shop, hair salon - those places that define and promote a neighborhood.
Neighborhood Assets:
What is the Opportunity? ...and what is its window?
Real Estate is a physical response to an economic condition:
With our proprietary "Mental Model" and affiliated metrics we analyze how & why
neighborhoods are transforming, how any transformation corresponds to a customer driven
opportunity, who else is addressing the same issue and from that data as well as our own
experience determine what is the appropriate strategy forward. Urban markets are
unique in that barriers to entry are so high you are in effect "buying a franchise" with every
well thought out transaction that is successfully executed. Or to paraphrase Warren Buffet,
you have a built in "moat" protecting your investment.
THE URBAN REGENERATION PYRAMID
The Bank Lofts
Denver, CO
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The information contained on this website is for information purposes only. It is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial product or participate in any venture in any jurisdiction in which any such offer or solicitation would be illegal. Any offer to buy, sell or participate in any venture shall be made by separate instrument. Past performance is no guarantee of future results. Projects/Investments shown are by PINDAR or key personnel at a prior company.
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