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545 WYN UDRB Letter of Intent
545 WYN UDRB Letter of Intent
> sterlingbay.com
> Sold $835 million of assets
> Generated top-quartile returns for Fund I
>H
igh profile projects include regional, national and
global corporate headquarters for tenants such as: > Currently $2.8 billion assets under management
Track Record2
> Sterling Bay and its institutional joint venture partners have invested $1 billion of equity in 56 properties
> Since 2008, 12 investments have been realized, generating a 66% gross/47% net IRR with a 2.6x gross/2.1x net equity multiple
Management Team
> Highly experienced team of four investment and development professionals that have worked together since 2012
on build-to-suit and mixed-use properties
Andy Gloor >D irects all the firm’s operations, development John Gavin >F ocuses on sourcing new investments and institutional
Managing Principal and investment activity Principal capital relationships
> 24 years of diverse real estate experience > 23 years of diverse real estate experience
Keating Crown >F ocuses on acquisitions, development and Chang Lee >F ocuses on sourcing investments, asset management
Principal strategic capital pursuits and investor relations Principal and capital markets activity
> 16 years of diverse real estate experience > 23 years of diverse real estate experience
AS OF Q32017