Lords invests in multifamily, commercial, lodging and residential opportunities throughout the United Kingdom. We partner with experienced operating partners to create value through the acquisition, development, repositioning, and/or recapitalization of real estate assets. Our strategy focuses on investment opportunities that require between £1-10 million of equity capital. We believe this lower middle market segment is underserved, as the equity size is often too large for syndications of high net worth investors and too small for larger institutional funds. We adopt a hands-on approach and target undervalued assets with high potential to enhance value at the operational level.
Opportunistic Investing in the Lower Middle Market
The core of our real estate investment strategy is to invest alongside experienced operating partners in properties with significant upside potential and controllable downside protection. Lords seeks to generate favorable risk-adjusted returns by employing a disciplined investment approach with the objective of acquiring assets at fundamental low cost bases, managing downside risk, creating value at the asset level and maintaining multiple exit strategies.
Lords seeks opportunistic investment opportunities in major U.K. markets where there is the potential to create value through renovation, repositioning, recapitalization, development and/or leasing. Our goal is to make investments that are less reliant on cap rate compression or financial engineering to generate yield, and therefore should be subject to a lesser degree of systemic risk. Lords maintains close relationships with operating partners and local estate agents throughout the country, possesses a thorough understanding of real estate and capital markets, and seeks to maintain a disciplined investment approach.
Lords provides joint venture equity to experienced operating partners for the acquisition, development, repositioning and/or recapitalization of real estate properties in most major asset classes. Lords is actively seeking opportunities meeting the following general investment criteria:
Geographic Focus: Primary and secondary U.K. markets
Asset Classes: Office, Retail, Multifamily, Lodging, and For-Sale Residential Land
Transaction Size: Up to £10 million
Lords Equity Investment Amount: £1 – £10 million
Lords Ownership Percentage: 51% – 100%
Investment Hold Period: 3 – 7 years
Target Returns: Opportunistic
Acquisition and repositioning of poorly managed multi-family properties; development of new properties in prime locations
Acquisition, redevelopment and development of premium-branded select-service, extended-stay, and compact full-service hotel properties
Acquisition of office and retail buildings in need of renovations or lease up; development of new projects to meet underserved demand
Acquisition and development of residential land to sell to homebuilders