Investing with Cohen Asset Management
The Opportunity
Strategic Considerations
- We invest across the spectrum of Industrial and Logistics opportunities including Core, Core-Plus and Value-Add, as the market conditions and opportunities present themselves.
- Our investment strategy focuses on a cash flow driven investment model not reliant solely on leverage or inflation-related appreciation to achieve targeted returns. We seek to identify and acquire low and moderate risk institutional quality properties with embedded growth opportunities via contractual rental increases where value can be added to each investment through pro-active asset management.
- We have built an organization that has the infrastructure and industry-leading systems to deliver the highest level of reporting and service to our investors, with scalability to accommodate our growth.
- We target relatively low leverage, ranging from 0-55%, which contributes to endurance during periods of volatility with the goal of creating a durable portfolio that can stand the test of time.
- Our long-term, established relationships with a national network of real estate professionals provides access to investments either through individual transactions or joint venture opportunities, with the ability to invest alongside elite institutional investors.
- We create value for our investors by establishing mutually rewarding relationships within the industrial real estate community in each of our Target Markets, particularly with tenants (our customers), brokers, sellers and ultimately the buyers of our real estate when we monetize investments.
- We believe our strategy of investing in some of the largest metropolitan areas in the U.S. that provide several drivers of demand, with a focus on quality industrial and logistics properties occupied by substantial tenants, using relatively low leverage (which contributes to endurance during volatile times), and buying right will position us to perform relatively well over the long term.
Our Income Strategy
- Stabilized assets substantially leased to high-quality tenants with long-term in-place leases and limited rollover exposure
- Low to moderate risk assets with current cash flow
- Well-maintained assets with little or no functional obsolescence
- Minimal cyclical cash flow volatility
- Our Income Strategy for deployed capital seeks to achieve the following: stable income, capital preservation, inflation protection and diversification when investing across multiple opportunities.
Our Value-Add Strategy
- Assets that are undermanaged or capital constrained
- Assets that have rollover or lease-up opportunities
- Renovation, repositioning, or new construction
- Investing in assets at price points below replacement cost
- Enhanced-yield opportunities
Investing via a 1031 Exchange
For over 30 years Cohen Asset Management through its subsidiaries (“CAM”) has regularly utilized an IRC §1031 Tax Deferred Exchange (“Exchange”) to achieve its investors’ tax objectives, which in turn has given CAM intimate experience and knowledge of the proper way in which to navigate the Exchange process. Outside of CAM’s experience with Exchanges, CAM consummates several transactions every year in which it raises new capital to allow investor participation. While most investors contribute “fresh” capital to each transaction, investors are increasingly utilizing their IRC §1031 Tax Deferred Exchange proceeds from their separate, wholly owned real estate that they have sold as a means of investing side-by-side with CAM as a tenant in common interest (“TIC”). By investing alongside CAM, TIC investors receive the same benefits as the other investors in CAM’s sponsored and managed investments. Please contact us to learn more about investing with CAM via an IRC §1031 Tax Deferred Exchange at 1031@cohenasset.com.