Citrus Equity Fund

Overview

Citrus Equity Fund is a fully integrated real estate owner and operator private equity firm based in Manhattan, New York, and Miami, Florida. The firm specializes in value-add commercial projects, focusing on industrial properties such as distribution centers, warehouses, dry and cold storage, and manufacturing facilities. Their investment strategy targets major U.S. metropolitan areas, including both primary and select secondary markets, with transaction sizes starting at $5 million and holding periods ranging from 3 to 10 years. The company emphasizes a partnership approach and is dedicated to placemaking within its communities. Citrus Equity Fund has a proven track record of co-investing with joint venture partners in direct equity investments, strongly believing in alignment of interests with its partners and within its organization. The firm's depth of expertise and knowledge provides it with a valuable, hands-on perspective when underwriting new equity investments and is a meaningful value-add to its partners. The principals of the company have a combined relevant experience of more than 30 years, where they have been involved in the acquisition, development, and management of real estate properties in the US and Asia totaling over $2 billion. The company enjoys exceptional industry recognition and has strong relationships with top-tier operators, lenders, property owners, managers, brokers, and equity partners. Citrus Equity Fund is committed to identifying and capitalizing on valuable real estate opportunities, continually seeking talented individuals who share their vision and passion for enhancing urban spaces. The firm's expertise also includes sustainable development, property management, and leasing services, aiming to set the standard for owning and managing high-quality industrial properties and best-in-class warehouse/distribution facilities in major U.S. logistics markets nationwide. Their investment philosophy focuses on creating real estate value for investors by relying on the fundamentals of proprietary research, innovative ideas, and experienced judgment. The company cooperates with, protects, and compensates brokers that bring high-quality acquisition opportunities, with a preference given to "off-market" solicitations. Citrus Equity Fund's strategic vision is to recognize dislocation in the real estate and capital markets and identify approaches to unlocking value, including the purchase and repositioning of distressed, complex, or undervalued properties. The firm's ability to close quickly and complete redevelopment efficiently enhances returns, investing on its own balance sheet and in joint ventures with a select number of partners, maintaining a pool of immediately available capital, and focusing on geographic areas that are well-networked and highly mobile. Their longstanding strategic vision is to recognize dislocation in the real estate and capital markets and identify approaches to unlocking value, including the purchase and repositioning of distressed, complex, or undervalued properties. Citrus Equity Fund's commitment to placemaking and enhancing urban spaces is evident in their dedication to creating value through strategic real estate investments, continually seeking opportunities to improve and revitalize communities. The firm's focus on value-add commercial projects and its comprehensive approach to real estate investment and management underscore its commitment to delivering high-quality, sustainable, and profitable outcomes for its investors and partners.

Investment Focus

• Major U.S. metropolitan areas, including both primary and select secondary markets
• Transaction size of $5 million and up
• Property types: Industrial facilities such as distribution centers, warehouses, dry and cold storage, and manufacturing facilities
• Holding term of 3-10 years