During the past four decades, GDC's investment strategy evolved
in response to changing market conditions and opportunities.
Our strategy is to create a highly predictable income stream
from our assets, and to use this cash flow as the financial
backbone for our company’s future investment and development
activity.
While we prefer Class-A multifamily assets, as well as grocery-anchored
retail and power centers in urban core or infill
locations, GDC will consider acquisitions in other areas of
the country, especially if the property has a strong and unique
presence in a new market.
Our investment preference is naturally toward the highest
quality properties in the marketplace. Our skills in developing
real estate also enable us to identify and appreciate the unique
characteristics of properties created by others. It is no secret
that higher quality assets hold their value, have lower capital
and maintenance requirements, and command better financial
terms from lenders. It is our experience that the cumulative
influence of these factors, with skillful asset selection and
careful property management, can lead to investment returns
that exceed those from so-called “value added” opportunities
with a much higher risk profile. This qualitative orientation
is central to our investment philosophy.
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