Core real estate fundamentals begin and end with a superior and sustainable location. A superior location implies an advantage over its competition and it must maintain that advantage over a sustainable period of time. Barriers to entry, lack of alternative sites, compelling demographics, and strong economic fundamentals are all required components. At i3, we strive to identify and secure these opportunities across multiple markets.
Determining the highest and best use of an exceptional location is key to optimizing a project. With a diversity of deep experience across multiple product types, we remain flexible with the capability to customize a site's use and maximize our opportunities.
We value the trust extended by our partners and consistently strive to maximize the yield on their investment capital. Maintaining a strict standard of accountability through construction budget reviews, driving construction schedules, keeping a keen eye on project revenues and expenses, and pushing to minimize capital costs, we are able to maximize yield to our investors. We are not bound by a limited exit strategy horizon, but look at each project with the intention of keeping it within our portfolio for the long term.
Superior returns can be defined in many ways. Cash on cash, internal rate of return, perceived risk of the investment, and even tax advantages are all important. We believe the financial objectives of the investor in a project will determine and evaluate a project's performance in achieving these goals. We work with each i3 partner to understand their objectives and attain superior returns for their financial goals.