Investment Focus

Our investment strategy focuses on private commercial real estate opportunities within the state of Texas. Buying income-producing hard assets enables us to hedge against inflation while also borrowing non-recourse debt at historically low interest rates. Additionally, investing locally allows us to use direct market intelligence that is not able to be accessed or traded upon worldwide. This gives us the ability as local investors to exploit inefficiencies in a targeted geographical market. Staying local also gives us the ability to mitigate the impact from global macro events by selectively investing in private commercial real estate opportunities, which have a low correlation to the broader public market.

Direct Approach to Investing

Stonelake professionals are responsible for all aspects of the investments life cycle, including: acquisitions, value enhancement, asset/property management, capital markets, dispositions, investor reporting, and risk management

Fully ­integrated firm eliminates need for outside operating partner (i.e. no double promote)

Geographic Focus: ­ Texas

Job growth in Texas leads the nation and will continue to drive values in real estate

Stonelake has offices in Austin, Dallas, and Houston and is an entrepreneurial source of capital in the Texas markets

Niche Investment Size

$5-­25 million investment tranche is less competitive

Less Competition → Greater Inefficiencies ­→ Better Risk-­Adjusted Returns

Current Income Focus

Build a portfolio of properties that allow for both quarterly distributions and long-­term value creation

Target 8-­12% current return (distributions quarterly); Target a total Gross IRR of 18%+