Continually seeking opportunities
Sun Holdings Group targets opportunistic, value-added acquisitions, where construction and property management expertise will yield competitive advantages.
Considerations that Sun Holdings Group reviews before underwriting a project include: price, discount to cost, replacement cost, location/market, debt assumption, supply constrained market, returns (yield/IRR), timing and state issues relative to foreclosure.
Investment Strategy - Real Estate Investment
Sun Holdings Group's investment objective is to achieve superior risk adjusted returns through opportunistic investments, with an IRR target of approximately 15% or higher.
Real Estate Investment Considerations
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Identification and creation of opportunities
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Minimization of risk through diversification and careful investment structuring
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Balanced current return and capital appreciation
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Clearly defined exit strategies for each real-estate investment
Favorable Current Cash Returns
Sun Holdings Group targets its investments in assets that provide its investors with stable, favorable current cash returns.
Conservative Underwriting
Sun Holdings Group pursues disciplined real estate investment approach identifying attractive opportunities with significant upside potential and controllable downside protection.
Sun Holdings Group utilizes rigorous due diligence, conservative assumptions and careful assessment of downside scenarios before acquiring a property.
Prudent Use of Leverage
Sun Holdings Group aggressively manages the capital structure of a real estate investment, utilizing prudent leverage and obtaining financing on the best terms available in the market in order to provide transactions with increased downside protection.
Exit Strategies
Sun Holdings Group will only commit to investments that offer clear, realistic, multiple exit strategies, primarily through refinancing, sales to private investors, institutions or public REITs.
Sun Holdings Group believes that a disciplined approach at the time of investment enables better assessement of exit alternatives as they arise.