INVESTMENT STRATEGY

L&L’s investment strategy incorporates a four-step process: Identification, Preparation, Execution and Disposition.

Identification: L&L identifies opportunistic and value-added opportunities with untapped potential by studying the asset with the goal of maximizing its value and leveraging the company’s vertically integrated platform.

• Track market trends based on recent transactions completed as well as market knowledge learned from strong external relationships.
• Evaluate property infrastructure and location as compared to current portfolio and extensive property management knowledge.
• Leasing performance and potential based on existing client relationships and current information from recent building leases within the portfolio.
• Proprietary information from off-market transactions enables speed of identification and evaluation of opportunity.

Preparation:  Following the identification of initial deal sourcing, L&L is uniquely positioned to perform rigorous due diligence and leverage its in-house and industry resources.

• Capital markets
• Debt analysis
• Design
• Construction
• Leasing
• Property management

All enable appropriate development of an investment strategy.

Execution:  By leveraging its cross-disciplinary expertise and long-standing industry relationships, L&L is able to successfully execute its value creation strategy while both minimizing risk and maximizing performance.  The Company’s vertical integration enables unparalleled execution.

Disposition:  Upon successfully repositioning an asset, L&L deploys a prudent exit strategy that maximizes value for its partners and the Company.  To date, investor returns have averaged more than a 2.0x multiple on invested equity across all transactions and risk profiles.