State Street selectively pursues real estate investments and joint ventures where disciplined underwriting, control of the development process and a clearly defined business plan can create value.
Our focus is not passive exposure to real estate. We evaluate opportunities where acquisition strategy, entitlements, site development, user alignment or active management can materially influence value.
Acquire or structure control at a basis that leaves room for the work still required.
Understand the entitlement, infrastructure and construction path before relying on the upside.
Anchor the business plan to credible market, user or buyer demand.
Match capital, responsibilities, governance and economics to the work required.
Depending on the opportunity, State Street may invest directly, co-invest with aligned partners, structure a joint venture, manage the development process on behalf of ownership, or pursue an entitlement and disposition strategy.
We seek clear responsibilities, transparent economics and a business plan in which active management can materially influence the outcome.
Information on this website is for general business purposes only and does not constitute an offer to sell, or a solicitation of an offer to purchase, any security or investment interest.