Charles Wright

Functions as a College/University

Torchlight’s analysis of investment opportunities includes both fundamental and technical analysis.

Broadway Real Estate Partners invests in high quality office properties in select markets nationwide. The firm specifically seeks office properties that have long-term prospects for out-performance due to inherent leasing or physical attributes, but that in the short-term may be mismanaged or underperforming. Prior to acquiring such properties, Broadway typically develops an 18 to 24 month operating plan for adding value and identifies potential exit strategies. During the ownership period, the operating plan and exit strategies are continuously re-evaluated by the asset management and capital markets team. Assets which meet Broadway Real Estate Partners' investment criteria are typically valued at more than $40 million with existing improvements and are classified as class B+ or better within central business districts or suburban in select markets. The firm believes inefficiencies are created when the broader investment market misprices certain risks or focuses on a pricing metric that may be inappropriate give the dynamics of a particular property or market. Broadway Partners focuses on making value-added office property investments in markets distinguished by positive supply and demand trends and by significant investment activity among institutional investors. Specifically, the firm seeks out markets with strong prospects for office-using employment growth which typically exhibit a large employment base and overall job growth, high household income levels, a highly educated workforce and population growth driven by both domestic and international migration.