The Fund will raise equity and manages opportunistic fund to invest in the U.S. real estate sector. We target in value-adding projects, by re-design, re-positioning, renovating and acquiring high quality properties at discounted cost. Ideal type of assets include multi-family properties, student accommodation, senior housing, and other undervalued residential opportunities located in different markets. By our past experience, we could achieve an remarkable IRR.
Value – added Investment
In the eyes of Basel Capital, value-add has two main applications:
A. Upgrade the existing properties by a series of methods. Those methods includes optimization of landscape design, interior design and structural optimization, updating building services system, or improve asset or property by sub-division. Targeting assets could be single family house, townhouses and apartments.
B. Repositioning an existing asset to be more useful. In an area with an oversupply of hotel rooms, but a shortage of student accommodation, Basel would aim to convert an existing hotel into student accommodation.
Delivering new housing to in-demand communities. Basel Capital seeks to deliver housing in the most efficient way, either through acquiring and developing the land on its own, or forming a joint venture with a local company to maximise their local expertise.