REAL ESTATE INVESTMENT
Standard Real Estate Investments | September 21, 2021
Standard Real Estate Investments, LP , a minority-owned real estate private equity firm focused on providing joint venture equity to developers, has formed a strategic investment program with Belay Investment Group, LLC (Belay).
We are proud to be aligned with Belay. They are a thoughtful, experienced team that shares our vision for how commercial investment actions can affect positive social change. Only two percent of professionally managed real estate is managed by minorities or women. This needs to change. Standard is just one part of a broader mobilization across the industry working to make it happen.
- Jerome Nichols, President of Standard
The investment program will leverage Standard's expertise in development to invest joint venture equity in ground-up projects nationwide, across asset types with emerging regional and local experts that have unique access to deal flow.
As part of its investment program with Belay, Standard recently closed on an investment in a 244-unit multifamily development project located at 75 West 18th Street in Downtown Indianapolis, IN. The 2.1-acre site is located within walking distance of the expanding Indiana University Health Methodist Hospital. The Developer is Arrow Street Development, an Indianapolis-based, emerging, minority-owned development company led by industry veteran, Rodney Byrnes.
Belay is an investment manager focused on the deployment of institutional capital through strategic partnerships with emerging managers and market sector specialists across a variety of value-add strategies and property types. The firm's strong fiduciary culture and track record are matched only by its commitment to manifesting social and environmental progress through the investments it makes. Current ESG strategies include investments in adaptive re-use of former big box retail space, workforce housing featuring on-site social programming initiatives designed to educate and empower its lower-to-middle class tenant base, and a multifamily debt portfolio curated with an eye towards bolstering the supply of attainable housing, while narrowing the affordability gap in Southern California.
Belay's collaborative culture is a great fit with our long-term plans and will be an asset to our platform. In the end, we will measure our success based on the performance of our investments and the impact we have in helping to increase diversity and inclusion in commercial real estate.
- Robert Jue, Chief Executive Officer of Standard.
About Standard Real Estate Investments
Founded by Robert Jue and Jerome Nichols, Standard Real Estate Investments (Standard) is a minority-owned and controlled real estate private equity firm that manages capital on behalf of institutions and allocates joint venture equity to developers. The firm operates nationally across property sectors and risk profiles with an initial focus on the development of market rate attainable housing while also accelerating positive socio-environmental impact. The leadership team at Standard has invested in assets valued at $7 billion in total.
About Belay Investment Group
Belay Investment Group, LLC is a majority woman-owned Los Angeles-based investment management firm that pursues debt and equity investment opportunities, primarily middle-market infill properties in urban/suburban transit hub markets, on behalf of its institutional investors. Belay implements its investment strategies through long-term relationships with high caliber, local operating partners and sector specialists. The firm has earned a reputation in the industry for supporting the growth and development of operators and emerging managers (including MWBE firms), beyond providing investment capital.
prnewswire | September 24, 2020
Cambria Investment Management, LP, an independent, investment advisory firm focused on quantitative asset management and alternative investments, today launched the Cambria Global Real Estate ETF (BLDG), listed on Cboe. The fund is actively managed with an expense ratio of 0.59%. BLDG joins 11 other Cambria ETFs managed using quantitative, rules-based strategies that span asset classes and include value, core, and tactical strategies. "Cambria is focused on offering quantitative, rules-based strategies that are unique alternatives to what is already available in the ETF marketplace," said Meb Faber, Cambria co-founder and CIO.
Cherre | May 19, 2020
Cherre, the NYC-based real estate data and analytics platform, today announced a new partnership with Near Space Labs, the leading provider of high frequency geospatial imagery. In this partnership, Cherre will integrate Near Space Labs' technology within their data platform, enabling mutual customers to leverage real estate geospatial imaging capabilities when analyzing opportunities or making investment decisions. Near Space Labs provides a scalable platform to deliver unprecedented high resolution, high frequency imagery of large economic hubs and high valued assets nationwide. Real estate customers are able to subscribe to a continuously updated imagery feed of their properties without needing to task an airplane or send a drone. Near Space Labs obtains, processes, and delivers the data at a fraction of the cost of other providers.