DV | Urban Realty Partners I LP - Crain's Chicago Business

more than 70% loan to value without the approval of the Advisory Committee.
Disciplined, Flexible Exit Strategy — Identify a proposed exit strategy before an
investment is made and position assets to take advantage of a variety of possible
exit alternatives, including single asset sales, portfolio sales and REIT-related
transactions.
Investment Highlights
Attractive Niche Investment Opportunity – Select urban real estate markets represent
an attractive niche investment opportunity. Many urban markets have strong
demographic characteristics and attractive locations, but have been overlooked by
traditional investors.
Specialized Expertise in Urban Real Estate – Through their participation in urban real
estate markets over the past 30 years, the Principals and Affiliates of the General Partners
have developed extensive expertise in the specialized factors that determine success in
urban real estate investments. These factors include the knowledge of the economic,
demographic, political, social and cultural characteristics of specific urban
neighborhoods, value-added relationships with local political, business, community and
religious leaders and expertise in zoning and governmental approval processes. The
General Partners will attempt to leverage the Principals’ extensive urban market
knowledge and relationships to originate attractive investment opportunities.
Extensive Development Experience – The Principals have extensive urban real estate
development experience. Their projects, which are in various stages of development,
include multi-family properties, single-family homes, town homes and condominium and
retail properties. The Principals’ collective experience includes all aspects of the
development process including conceptualization, design and engineering, legal and
governmental approvals, financing, construction management, leasing, property
management and exit.
Strong In-House Property Management Capability – Through DV Property
Management, an affiliate of the General Partners, the Partnership will have access to
dedicated in-house property management capabilities. Due to DV’s property
management capability, the General Partners believe the Partnership should be able to
provide a higher level of tenant service, which should result in higher occupancies and
stronger, more secure cash flows. This capability can enable the Partnership to employ a
variety of strategies to add value to its properties while further controlling risks.
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