ElmTree Funds Awarded $120 Million Separate Account from The Townsend Group

ST. LOUIS--()--ElmTree Funds, LLC, a leading real estate private equity firm, today announced it was selected by The Townsend Group, a leading global provider of investment advisory and investment solutions for real estate, to manage up to $120 million in a separate account on behalf of a Middle Eastern-based asset manager. The separate account will pursue core investments in net lease office and industrial properties located in gateway markets across the United States.

“We are pleased Townsend recognizes the strength of our differentiated investment platform, and look forward to a very successful partnership”

“We are pleased Townsend recognizes the strength of our differentiated investment platform, and look forward to a very successful partnership,” said Jim Koman, managing principal at ElmTree Funds. “We are well-positioned to execute on this mandate by utilizing our proprietary insight, local market expertise, and longstanding relationships to identify net lease investment opportunities that have strong prospects for attractive risk-adjusted returns over time.”

A portfolio management team led by Vice President Jason Ridgway will oversee the separate account. The team will seek to generate stabilized income and growth through investments in the net lease and sale-leaseback real estate markets. As of January 1, 2017, ElmTree Funds manages more than $1.3 billion in net lease assets through a series of commingled funds and customized separate accounts. ElmTree Funds’ investment strategies are guided by the fundamental premise that predictable cash flow and limited residual risk are the keys to creating asset value.

Mr. Koman continued, “The U.S. commercial real estate market continues to be viewed as a safe haven for foreign institutions seeking stable returns, and ElmTree Funds is one of the few platforms offering investors exposure to diversified net lease investment opportunities across the country.”

The Townsend Group acted as the advisory consultant for the investor. Hodes Weill Securities, LLC, a global real estate advisory boutique, acted as the exclusive placement agent to ElmTree.

About ElmTree Funds:

ElmTree Funds, LLC is a leading real estate private equity firm and seasoned fund manager to institutional and private investors. ElmTree’s investment philosophy focuses on creating attractive risk-adjusted returns for its investors in the commercial real estate net lease, sale-leaseback, and build-to-suit sectors. Since its founding in 2011, ElmTree Funds has acquired, developed or financed more than $1.5 billion of office, industrial and healthcare properties. ElmTree Funds targets investments in secondary and tertiary markets across the United States that are leased to investment grade tenants on a long-term basis. ElmTree Funds is headquartered in St. Louis, Missouri. For more information please visit www.elmtreefunds.com.

About The Townsend Group:

The Townsend Group is a leading provider of global investment solutions for real estate, infrastructure, timber and agriculture. With a culture based upon service and success measured by investment performance, Townsend’s clients include many of the world’s leading institutional investors. As of June 30, 2016, Townsend had assets under management of approximately $15.0 billion. The firm provides advisory services to clients with real estate/real asset allocations of $168.7 billion, as of June 30, 2016.

About Hodes Weill & Associates:

Hodes Weill & Associates is a real estate advisory boutique with a focus on the investment and funds management industry. Founded in 2009, the firm provides institutional capital raising for funds, transactions, co-investments and separate accounts; M&A, strategic and restructuring advisory services; and fairness and valuation analyses. All U.S. regulated capital market and securities advisory services are provided by Hodes Weill Securities, LLC, a registered broker-dealer with the SEC, and a member of FINRA and SIPC, and internationally, by non-U.S. Hodes Weill affiliates. For more information please visit www.hodesweill.com.


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