Investment Strategy
Luminous seeks to operate on the frontier of value creation, identifying and investing in trends that will add lift to active implementation of business plans. Examples of these trends include:
Digital Economy
Life Sciences
Changing Demographics
Evolving Capital Markets
The firm’s target markets in the Western U.S. were chosen as primary drivers and beneficiaries of these forces. With a combined 70+ years of real estate investment experience, the principals have the knowledge and perspective to discern and understand the impact of these trends on property performance.
Luminous (i) takes a data-driven approach to developing differentiated niche investment strategies, (ii) has the experience to underwrite and mitigate risk, and (iii) with principal involvement throughout the life cycle of all investments, the hands-on ability to create value in real estate. We focus on:
Geography
Western U.S. (CA, AZ, NV, UT, CO & TX)
Size
Middle-market properties valued at $10-$75 million
Property types
Office, R&D, Industrial, and Life Science
Investments
Directly-owned and operated as asset manager
Risk Profile
Core-plus to opportunistic