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Enduring Values, Enduring Relationships, Enduring Investments 

Endurance Real Estate Group is located in Bala Cynwyd, Pennsylvania and has developed its business on trust, respect, and a reputation for personal attention to client needs and requirements for both our tenants and investors. We work hard to maintain our position as a leader in the development, acquisition, construction, leasing and management of office and industrial facilities through out the Mid-Atlantic region. Very simply…Endurance's strong commitment to providing quality facilities and flexibility to serve the diverse mix of tenants, regardless of the size, has attracted clientele composed of local, national and international corporations.

Endurance is committed to the future of the area and its economic health and development. We will continue to meet the needs of corporate and industrial America with high standards of excellence in real estate development, construction and management. Because we maintain long term ownership and management of the projects we own and develop, we consider real estate to be an investment in the community it serves. Successful businesses all have a method. As you get to know us, you'll understand why so many major companies place their futures in Endurance properties.

Endurance has gathered only the best and brightest professionals – and for every project / acquisition, key players are brought in as their talents are needed. As a result, we have the flexibility to handle every aspect of creating and managing commercial projects – site selection, development, design, construction, leasing, financing and management. This gives our tenants the ability to deal with one party for everything, and saves them from the extensive coordination problems that can plague real estate development. We have arrived where we are today by placing our clients’ needs first. Their success is our success, and our commitment to their needs reaches every level of our organization.

Our state-of-the-art technology includes a computerized profile of every tenant's records, renewal options and more. Advanced communications also allows our maintenance staff to reduce its response time to tenant service calls.

Another way to insure our clients’ success is by anticipating their future needs – instead of simply filling their immediate ones. Our first objective on any project is to create a facility that can be efficiently operated and maintained for years to come. Endurance is a company on the move. We’re constantly looking for more opportunities to put our experience, team and capital to work.

Our expertise extends into the following aspects of real estate:
• Site selection
• Financial analysis
• Acquisition
• Development
• Construction oversight
• Asset management
• Property management
• Investor Reporting

Let Endurance Real Estate Group be the solution to your space requirements!

 

Investment Criteria

• Property Types
Office and Industrial. Well-located, general purpose, institutional and non-institutional quality real estate.
• Investment Size
Total capitalization in the $5MM-$100MM range.

Investment Types
We are looking for both stabilized investments and value-added deals (excess land, re-development, re-positioning, or lease rollover).

Risk & Return
We expect the returns we receive to reflect the risks we are taking. We target leveraged IRRs in the low teens to low twenties. We are seeking opportunities with either high current income or high back-ended residual.

Geographic
Mid-Atlantic Region with a primary focus in the Philadelphia MSA, eastern Pennsylvania and Central and Southern New Jersey.


Endurance Equity
We invest on our own behalf in smaller transactions and look to partner with institutions and HNW individuals on larger deals.

 

Investment Strategy

Endurance Real Estate Group applies value-oriented investment strategies with the goal of generating above-average, risk-adjusted returns for our equity partners and ourselves. Endurance continually evaluates the market looking for new opportunities to take advantage of inefficiencies in the property and capital markets. Endurance then designs and executes property-specific business plans tailored to the specific opportunities it finds. 

Our investment strategy targets both income and value creation opportunities in the office and industrial property sectors. We target well-located assets with issues we can understand and resolve, such as rolling in-place leases with rents below market, correctable functional obsolescence and under-managed assets. We look for those investments where we can execute our business plan, address the source of a property's undervaluation and then realize the value created.

Endurance creates value through asset repositioning, managing tenants in-place, and acting where capital is undersupplied. Our partners gain access to privately-negotiated and off-market transactions, as well as professional property and asset management. We demonstrate our belief in and commitment to each investment by way of our significant co-investment in each transaction.

Disciplined Due Diligence

Endurance underwrites each investment rigorously. We work to understand the asset, its market and submarket, the related capital market issues, the competition, as well as the structural, environmental and legal factors affecting the asset. We focus on achieving returns superior to the risk inherent in the transaction. We project the financial returns based on realistic and achievable assumptions. We stress test those assumptions to understand the likely range of returns. We work to identify likely sources of value accretion and then attempt to maximize them during our ownership period.

Real estate underwriting includes extensive location and property-level analysis. This means understanding the demand drivers and likely supply response of the market. At heart, we are value-oriented investors. We study in detail an investment's rent roll, expenses and capital requirements.

An important part of our value-creation strategy depends on the exit strategy. We focus on increasing the spectrum of investors who would likely purchase the asset once we've completed our value-added program. We buy institutional quality real estate with issues we can resolve. We then sell to that market, as the institutional market is generally deeper and more liquid.

Active Investment Management

During our holding period, Endurance monitors and implements the value enhancement business plan. This entails highly skilled and detail-oriented leasing, marketing, maintenance, and property management. We target NOI and asset value growth. Endurance regularly evaluates the merits of holding vs. selling. In doing so, we focus on our partners' goals including their tax situations.