TriLyn's strategy comprises identifying capital market inefficiencies and mispriced risk;
investing in diversified,
institutional quality assets; sourcing off-market transactions; using appropriate leverage;
and applying
ongoing risk management analysis to assets and portfolios.
Mispriced risk: The company specializes in capitalizing on inefficiencies in capital
structure
and mispriced risk in real estate debt and equity investments. The firm seeks to take advantage of
shifting
market conditions, building portfolios of senior, mezzanine, and high yield commercial real
estate debt
and preferred equity to achieve superior risk adjusted performance.
Diversified assets: Investments are selected based on a multi-disciplined process,
including
analysis of market conditions and research-based forecasts of asset class performance. The
firm focuses
on applying appropriate positioning within the capital stack to obtain attractive risk
adjusted returns.
Portfolios are diversified by location, property sector and structure.
Institutional Quality: Investments must be backed by institutional quality real estate
assets,
supported by solid underlying real estate fundamentals.
Off market Transactions: transactions are sourced through industry relationships with
owners,
developers, bankers, CMBS originators, research firms and advisors. One-stop shop investing
capability across the entire capital stack (senior or mezzanine debt, tranches within existing debt structures,
preferred equity)
and ability to deploy capital quickly enables timely and efficient transactions, including acquiring re-priced
assets
from lenders and borrowers.
Leverage: Fund-level leverage may be employed to enhance returns, if appropriate.
Risk Management: Portfolios are subject to stringent ongoing risk management oversight
and asset-specific evaluations to position assets for successful exit strategies and enhance overall fund
performance.