Benenson Capital Partners has built a diversified global portfolio of Class A, single-tenant or multi-tenant properties in prime locations including retail, shopping centers, office buildings, warehouses and distribution facilities. All single-tenant properties share a series of investment characteristics including strong demographic locations, nationally or regionally significant tenants and long-term, triple-net leases. Some single-tenant leases are structured as sale-leasebacks, others are built-to-suit. In viewing tenants as long-term strategic partners, every transaction is customized to further the financial benefit and operational ease of both parties. Multi-tenant properties all have high occupancy levels with a mix of credit tenants on leases with good rent appreciation via rollover to market levels. Acquisitions can be transacted with our without leverage.
The Benenson group has experience developing real estate in every major sector including office buildings, hotels, shopping centers, industrial facilities, single- and multifamily residential properties. The BCP team is skilled in all phases of the development process from land acquisition and zoning to construction management and marketing. Given the portfolio’s national diversification, BCP has developed an extensive network of experienced local partners whose integrity and track record have consistently delivered quality properties and significant returns.
Central to the firm’s success is its expert judgment in determining which of its current assets would benefit from adaptive redevelopment. Although the intrinsic value of attractive real estate is rarely diminished by time, the transformation of obsolete designs into distinctive first class projects delivered on time within budget elevates the value of a property further and satisfies the evolving needs of the property’s end users.
Benenson Capital Partners crafts innovative financial structures by utilizing its own capital in combination with pension funds, insurance companies, commercial and investment banks. Financial engineering based on feasibility analyses and economic models as well as fixed and floating rate debt enables BCP’s financing team to obtain the lowest cost of capital at the most favorable terms while managing interest rate risk. Working closely with internal acquisitions and development staff, the BCP financing team arranges joint ventures, refinancings and construction, permanent, interim and bridge loans.
The firm’s strategy for superior asset management is rooted in three basic principles:
• Tenant satisfaction
Treat all tenants respectfully and respond to their needs and concerns with the highest quality service and communication.
A good offense is the best defense – we systematically maintain buildings and grounds to keep properties in peak condition.
• Mutual rewards
Support tenant growth so that their environments are better places to work and live.
FINANCIAL ASSET MANAGEMENT
The Financial Assets Investment division manages a portfolio of domestic and international public securities, private equities, hedge funds and direct investments in small companies.