Emmes Asset Management Co LLC

Emmes is a tactical investor operating two distinct lines of investment capabilities through its debt and equity platforms. The firm has demonstrated expertise in distress debt and equity investing, including restructurings, debt originations and workouts, as well as a proven record of resolving complex foreclosure and bankruptcy issues, REO and distressed seller asset sales and recapitalizations. The firm has a history of acquiring individual assets as well as large multi-asset portfolios and is knowledgeable and adept in portfolio takeover management. Emmes principals average 24 years of real estate experience and 16 years together with consistent strategy execution. Investment Philosophy: Emmes targets institutional quality real estate where distress in the capital stack at the lender or sponsor level has created an opportunity to achieve attractive risk adjusted returns. The firm also invests in transitional assets where Emmes can utilize its operational expertise to create value through repositioning, re-tenanting and in some cases, redeveloping properties. The firm's vertical integration enables it to successfully execute acquisitions thoroughly yet quickly, navigate the financial and operational complexity often inherent in distressed opportunities, and achieve maximum success in its property level enhancement and turnaround strategies. Emmes balances the intuitive skills of its experienced, knowledgeable principals with quantitative market analysis to understand potential acquisitions in the context of the competitive marketplace.