INVESTMENT STRATEGIES
The Buccini/Pollin Group seeks opportunities to achieve superior risk-adjusted returns through the following types of real estate investments:
NEW DEVELOPMENT:
Buccini/Pollin has deep and specific industry insight into the Mid-Atlantic real estate market. Because of our unique relationships, skillsets, and ability to anticipate market evolutions, Buccini/Pollin undertakes new development projects from Virginia to New Jersey. These development opportunities are triggered by a combination of: a unique hotel, office or residential market opportunity; a distinct Buccini/Pollin competitive advantage, such as the relationship with a key tenant; and the specific attributes of the target site. Buccini/Pollin's in house professionals then perform exhaustive due diligence on the market, site and other factors. An example of our advantage in this area is that Buccini/Pollin averages over $400 million/year in new construction projects, giving us a competitive advantage in quickly and accurately identifying the true development costs of a project. Other firms may be forced to use stale data or ‘guesstimates' to prepare a development budget. Buccini/Pollin employs a consistent, honed, and aggressive leasing, sales and capital markets strategy during conception, development, construction and stabilization that maximizes asset returns.
REDEVELOPMENT PROJECTS:
The shortage of urban-center (and in certain markets, suburban) land allows for profitable acquisition opportunities of class A, B, and C properties at low basis that can be redeveloped, repositioned, or renovated to create premium products. The repositioning of these properties presents the opportunity to lease-up, and/or mark-to-market leases in the improved property and improving markets.
Buccini/Pollin also has extensive expertise in the redevelopment of environmentally-challenged brownfield sites that are well-located to demand generators and transportation infrastructure.
ACQUISITIONS:
On behalf of its principals, investors and financial partners, Buccini/Pollin has acquired or developed over $3.0 billion in assets including 7 million SF of office, flex office, and retail space in 69 buildings, 23 internationally branded hotels, and 9 major residential communities.