13th Floor Investments is a Miami–based alternative investment management firm that invests in value-add and opportunistic residential and commercial real estate transactions within the state of Florida. The firm seeks short and medium duration equity and debt investments that offer a compelling case for generating high absolute returns. 13th Floor emphasizes investment strategies rooted in property-level operational enhancements as well as those with pricing advantages that arise from distressed, complex, and dislocated scenarios. 13th Floor was founded in 2007 by Arnaud Karsenti and has invested in residential and commercial real estate transactions with a cumulative project value of more than $1.8B on behalf of a diversified and highly regarded group of individual and institutional investors.
With thoughtful analysis, creative structuring and superior execution, 13th Floor invests in value-add and opportunistic transactions on behalf of individual and institutional investors. Successful real estate investing depends on thorough analysis, not creative forecasts. 13th Floor believes good fortune in investing is the product of good thinking. The firm’s goal is to apply disciplined bottom-up analytical procedures, sophisticated legal and financial structures, and proactive asset management to entrepreneurial transactions that possess value-oriented investment thesis. 13th Floor’s singular focus is preserving capital while maximizing returns and minimizing risk.
The ﬁrm rejects transactions whereby the sole contributor to yield enhancement is the utilization of leverage. Instead, 13th Floor targets under-performing properties that (i) may generate improved cash flow from the implementation of a clearly deﬁned and well-executed operating strategy or (ii) provide compelling re-development optionality. In addition, the ﬁrm seeks out temporarily illiquid situations and related pricing advantages that arise from distressed, complex, and dislocated circumstances. This “value” philosophy fosters the creation of secondary and tertiary exit strategies for investments and EQUITY moderates the impact of uncontrollable, adverse capital market fluctuations.
Across residential, commercial,
multi-family, value-add and
development projects with a
geographic focus on South
have generated positive
13th Floor Investments is a Miami-based alternative investment management firm that invests in value-add and opportunistic residential and commercial real estate transactions within Florida. The firm seeks short and medium duration equity and debt investments that offer a compelling case for generating high absolute returns.
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