Downside first. Vertically integrated. Transparently accounted.
A vertically integrated operating, trading, debt-placement and analytics group built around one discipline: underwrite the downside first.
Positions across real estate, the markets and operating businesses.
Every position is underwritten to its downside before its upside.
A contracted joint-venture network, orchestrated as one platform.
We underwrite to the downside first.
We underwrite real estate at as-is values and finance operating-business acquisitions with SBA 7(a) senior debt. Our markets partner, CFXM, trades SPX options in multi-leg positions with a defined maximum loss per position.
Each discipline is delivered through a contracted joint-venture partner: construction through Master Pro Solutions, debt placement and analytics through Connected Capital, and market execution and trading technology through CFXM Inc.
We plan for a full market cycle, not for the top of one.
Downside first
Each position is underwritten to its downside before its upside.
Vertical integration
Origination, execution, operations and accounting delivered through contracted JV partners, never outsourced to anonymous third parties.
Conservative underwriting
Stress-tested at as-is values, with loss thresholds set before entry and fixed-rate or hedged financing where available. Not underwritten to an optimistic exit.
Transparent accounting
Monthly reporting at the position level across every discipline.