Depth in Other Asset Classes
Although our core investment product is Senior Housing and Multi-family, Granite has depth and experience in other asset classes. Based on economic drivers and demand, we have generated alternative real estate opportunities.
Granite continues to look for sound industrial business parks with multi-tenant occupancy which may have a value – added component. Management takeover or repositioning the asset in the marketplace with enhanced improvements can achieve strong upside for the exit strategy. In addition, Granite has a track record of sponsoring and developing self-storage facilities, predominantly in the CA and TX markets.
Granite's experience aided in establishing and owning Granite Loan Solutions as an alternative investment vehicle, purchasing distressed residential mortgages and generating solid returns for its investors prior to its sale in 2013.