Since inceptions of the MSP initiative in 2013, MSP has acquired $2.1 billion of real estate assets, representing $1 billion of equity value. Investment areas of focus include:
Purpose-Built Student Housing
MSP has selectively acquired non-pedestrian, value-add and opportunistic purpose-built student housing properties at various universities with more than 15,000 enrolled students. MSP continues to seek both pedestrian and non-pedestrian Purpose Built Student Housing investment opportunities.
High Barrier to Entry Self-Storage
MSP has selectively acquired high-barrier to entry self-storage properties in the New York City metro area in a partnership with an owner-operator of storage properties. MSP continues to seek opportunities to both acquire and develop best-in-class storage properties in strong urban markets.
MSP has selectively acquired high-quality Manufactured Housing communities across the U.S., with a focus on portfolio creation of age-restricted properties in high-barrier to entry coastal markets.
Special Purpose Residential
MSP develops Special Purpose Residential properties serving the needs of adults with intellectual and developmental disabilities (“IDD”) in major metropolitan markets across the U.S. The first of such projects is being developed outside of Dallas, TX. MSP continues to seek viable development sites in markets with attractive demographic fundamentals.
MSP has entered into a partnership to acquire and develop independent living, assisted living and memory care Seniors Housing properties in affluent high-barrier to entry markets across the Mid-Atlantic and Northeast regions of the U.S. MSP continues to seek new Seniors Housing acquisition and development opportunities across major metropolitan markets in the U.S.
City Center Retail
MSP funds have acquired 5 regional enclosed centers in an exclusive partnership with a national owner-operator of retail assets. The centers, are located in Orange County, California, Metro-Chicago, Metro-Portland, Oregon, and Southern Connecticut.
Fairmont-Branded Hospitality Assets
From 2006-2013, Blum Capital was part of the ownership group of Fairmont Hotel Group. This relationship led to MSP and Fairmont Hotel Group partnering to acquire strategically important hotel properties to bring into the Fairmont system. Those hotels include The Claremont Hotel Club & Spa in Berkeley, California, and the Fairmont Grand Del Mar in San Diego, California.