Financing & Acquisition
Capabilities
Essex Capital has a history of acquiring complex real estate investments through innovative financing techniques, with over $1 billion in acquisition and development transactions to date. Essex Capital tailors these investments to the unique circumstances of each situation -- whether that means creating and working with complicated ground-lease structures, gearing acquisitions to conform with estate and tax planning needs, or navigating any other hurdles that surface over the course of a real estate transaction. The company has great skill in finding untapped potential in opportunities that others have ignored.
Essex Capital understands that forging strategic partnerships is essential to operating in today's real estate market, and the company has a wide network of debt and equity providers it has partnered with on deals in the past who trust Essex Capital to generate consistent returns on their investments.
Financing & Acquisition Case Studies:
2 Dag Hammerskjold Plaza
Essex Capital acquired a failing office building located one block from the United Nations campus and repositioned it to benefit from an untapped market niche: foreign nations looking to purchase commercial condominiums to capitalize on tax benefits. The building sold out within one year of Essex Capital's purchase of the property.
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636 Eleventh Avenue
Severely affected by the dot-com bust, this 600,000-square-foot commercial building was purchased by Essex Capital from Goldman Sachs' Whitehall Fund based on its vast untapped potential.
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500 Tenth Avenue
Essex Capital invested in Manhattan's untapped commercial west side, purchasing a sizable industrial building that was largely vacant and underutilized. Following an extensive renovation, an anchor tenant was secured, and the property is now poised to benefit from the area's major development initiatives.
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1500 Broadway
Essex Capital helped to revitalize Times Square with its acquisition and reinvention of this 500,000-square-foot tower in the heart of Midtown, eventually selling the building in what was one of the biggest commercial real estate deals in New York City at the time.
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