News Release: Broe Real Estate Launches $250M Strategic Investments Program

Eyes Liquidity-Challenged Commercial Real Estate Assets in Western US

NEWS PROVIDED BY Broe Real Estate Group 

Jun 17, 2020, 09:07 ET

DENVERJune 17, 2020 /PRNewswire/ — Broe Real Estate Group (BREG), an affiliate of The Broe Group, announces the launch of its $250M BREG Strategic Investments Program to create expedited capital solutions for liquidity strained commercial real estate properties and ventures that are experiencing distress from COVID-19 related market disruptions.

Broe’s Strategic Investments Program provides vital rescue capital solutions to stabilize properties and partnerships that find themselves experiencing liquidity issues. BREG’s decades of experience with complex transactions enables the consideration of complicated distressed projects that find themselves locked out of traditional capital markets. Among the property types under consideration are existing or under construction industrial, office, medical office, multi-family, hospitality, and retail properties. The program will target opportunities with individual asset transaction sizes ranging in size from $20M to $100M with a minimum equity requirement of $10M. Larger portfolio transactions will also be considered. The initial phase of the program will have a Western United States geographical focus while prioritizing high quality markets, assets, and partners.

Based in Colorado, BREG is a well-capitalized, fully integrated private real estate investment management business with a 40-year track record of successfully investing over $2.8B of capital across the United States. BREG has a history of direct asset ownership as well as structured institutional and private capital partnerships. In addition to its extensive capital resources, BREG also brings deep operating experience, capital markets expertise and an extensive network of relationships.

BREG’s affiliation with The Broe Group, a diversified investment management company with a multi-billion asset portfolio under management in 41 states, is a resource multiplier providing valuable economic insights and relationships. As all-cash buyers, BREG’s ability to close quickly allows the consideration of immediate action for projects in need of capital.

About Broe Real Estate Group
Broe Real Estate Group, an affiliate of The Broe Group, acquires, develops and manages commercial real estate assets. Affiliated companies own and manage office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. The Broe Group has a 40-year history of value-add real estate investing in Northern Colorado and across the United States. We improve value though the implementation of focused business plans that increase cash flow and create stable income streams. Additional information is available at broerealestate.com.

About The Broe Group
Based in Denver, The Broe Group and its affiliates form a privately-owned, multi-billion-dollar real estate, transportation, energy and investment organization with assets owned and managed across North America. Together, Broe managed companies employ more than 1,000 people and provide employment for thousands of others through operations such as its Great Western Industrial Park in Northern Colorado. Its transportation affiliate, OmniTRAX, Inc., is one of North America’s largest private railroad and transportation management companies specializing in: management services, railroad and port services, intermodal solutions and industrial switching operations. Its energy affiliates include Great Western Oil & Gas Company, the largest private operator in the third most prolific U.S. basin. Broe Real Estate Group acquires, develops and manages office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. The Broe Group also has multiple investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. Learn more at broe.com.

SOURCE Broe Real Estate Group

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