BAF Associates, Inc. is an opportunistic real estate investment and development firm specializing in creative deal structuring and its ability to add value to existing properties.
BAF Associates, Inc. is an opportunistic real estate investment and development firm specializing in creative deal structuring and its ability to add value to existing properties. Celebrating 30 years in business, BAF was established in 1990 to capitalize on opportunities of under managed and overlooked income producing properties, with a focus on enhancing and creating value from these properties. BAF’s principals have been the General Partner in over 75 transactions. In the past its principals have been managing partner of more than 18 apartment deals in Metropolitan Washington, DC totaling nearly 3,000 units, and in the last several years BAF has acquired over 2,600 units in the Southeast. BAF’s principals have also owned fifteen commercial properties in the mid-Atlantic and Southeast regions totaling over 600,000 SF. In addition, BAF has undertaken the purchase of non-performing loans and has made hard money loans secured by real estate.
BAF Associates, Inc.’s investment strategy is value driven.
BAF invests in properties that are well located with sound physical and economic fundamentals, and have the ability to generate attractive levels of distributable cash. BAF seeks out properties to which value can be created by executing recapitalization or repositioning strategies. In addition, stable properties with a longer time horizon are sought after where value can be enhanced through proactive management. BAF proactively manages its properties enabling them to outperform expectations. The team creates innovative solutions to complicated real estate challenges. BAF is committed to excellence and prides itself on high standards of quality and integrity.
BAF Associates, Inc.’s investment strategy is value driven. Our track record and experience in the real estate world has translated into a successful program of acquiring under managed and overlooked quality investment properties. BAF’s knowledge and capability focuses on sourcing, meticulous underwriting, financial and tax structuring, and negotiating the purchase of income producing real estate. BAF’s focus is on acquiring under performing, but fundamentally sound properties in strong locations, within submarkets with favorable attributes.
We invest in properties that are well located with sound physical and economic fundamentals.
BAF invests in properties that have a realizable and realistic potential, that when coupled with conservative underwriting lead to value maximization and an extremely high likelihood of success. BAF achieves growth in value through an entrepreneurial management style, creative deal structuring, strategic thinking, and a can do attitude. Before undertaking an acquisition we thoroughly evaluate the cash flow, current and historical financial statements, environmental and engineering, deal structure, and the asset’s likelihood for appreciation and success.
BAF acts as both investor and active owner. As an active owner, BAF fills the role of asset manager and redeveloper. BAF’s hands-on asset management team proactively manages properties and actively performs preventive maintenance in order to minimize expenses and maximize profits, which contribute to higher than market returns. To maximize value, BAF has aligned itself with superior third party property management companies. BAF currently has a presence primarily in multi-family properties, as well as passive involvement in retail properties. By remaining small, having an uncompromising focus, and commitment to excellence, BAF believes that the firm is well positioned to thrive in the current real estate environment.