Investment Focus

1754 Properties focuses on real estate assets ranging from $15 million to $100 million in urban areas with populations exceeding one million residents and seeks to identify properties which exhibit a repositioning potential where 1754 Properties can create value by implementing a hands-on business plan to rectify temporary issues which obscure an asset’s intrinsic value. When repositioned, these assets are anticipated to generally produce annual returns in excess of 17%. Before the onset of the recession, Mr. Smith’s predecessor portfolio had produced a 36% internal rate of return and an aggregate multiple on invested capital of 2.2x on its realized investments.