Wafra is constantly monitoring real estate markets to identify and develop the most promising investment targets. Our professionals are able to react quickly to potential opportunities, as well as to develop strong relationships with key partners in those areas.
Critical to the formulation and execution of this investment strategy is a joint venture relationship with an operating partner that complements or expands our local market knowledge and expertise. Our investment philosophy requires that an operating partner invest in each transaction "shoulder-to-shoulder" with Wafra or our partners. Wafra's relationships allow us to gain access to privately negotiated, off-market transactions and further benefit from an operator's proven expertise in leasing, property management, and local construction and development.
Investing side by side with our partners, Wafra professionals are focused on pro-active asset management. We protect both sides' interests by allowing our partners to receive incentive based compensation, as these partners are very often the operating partner for the property.
Wafra is able to achieve local market success due to the partnerships we form with talented regional investment firms. We retain control of the deal and the strongest possible outcome by our contribution of more than 50% of the equity in each transaction we close.
As active investors, we need to be able to adjust to market fluctuations. Wafra strives to create and maintain strong relationships so that we can move quickly when a deal comes to the forefront. Having local partners gives us the flexibility and investment control we need to be able to implement our objectives. As economic and real estate markets change, Wafra changes with them.
Realizing deal objectives does not occur overnight, yet we move swiftly, backed by experience and success.
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