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Savanna Investment Approach |
All of Savanna’s investments are made with an underwriting focus based on fee ownership. Whether the investment is structured as equity, debt or a hybrid, Savanna’s ingrained understanding of what it takes to successfully own and manage real estate assets allows it to thoroughly underwrite properties and assess the risks inherent to any business plan.
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EXAMPLES OF SUCH OPPORTUNITIES INCLUDE:
 Deleveraging Overcapitalized Assets
Savanna has been able to identify overleveraged assets that were capitalized in 2005 and 2006 and recapitalized the assets. |
Capital Constraints
Savanna's ability to identify and implement focused and cost-effective property improvements allows it to reposition a tired, under-capitalized building into a vibrant, performing asset. |
Redevelopment Opportunities
Savanna has acquired numerous properties that require significant redesign, physical change or repositioning to perform successfully. |
Complex Financial Structuring Requirements
Savanna has executed complex transactions in which a high degree of financial sophistication and expertise in investment structuring is required in order to meet a seller's needs. |
Under-Marketed Opportunities
Savanna has identified situations in which the current sales process has become dysfunctional or has broken down. |
Broken Partnerships
Savanna has capitalized on situations where existing ownership structures are dysfunctional and Savanna can buy out some or all of the partners as part of a new strategic plan. |
Corporate Divestitures
Savanna has worked with corporate sellers seeking discretion, flexibility and certainty of closure above economic returns with respect to the sale of excess property. |
Environmental Challenges
Savanna has demonstrated an ability to quickly analyze and quantify environmental issues to determine whether the environmental challenge has resulted in the market mispricing of a particular asset. |
Distressed Sponsors
Savanna can recapitalize or take out a sponsor who is forced to sell or bring in a partner due to a variety of issues including under-capitalized deals or timing issues related to existing debt and/or contracts. |
Under-managed assets
Savanna's disciplined management and leasing approach can turn around underperforming assets. |
Ground-Up Development
Savanna develops ground up commercial, residential and mixed-use projects in supply constrained markets. |
Recapitalizations
Savanna invests in partnership recapitalizations in which it plays an active operational role in repositioning an asset and in which it's investment proceeds have helped current ownership to monetize a portion of their equity as well as participate in the property's future upside. |
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Throughout Savanna's history it has focused on transactions which possess a combination of these opportunities.
Read more about Savanna's investments overview and market focus.
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