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Founded in 2006 by J. Anthony Hayden, Hayden Real Estate Investments, LLC is a privately-held commercial real estate investment and acquisition firm. With approximately 40 years of experience in the commercial real estate industry as an executive, broker, investor, owner and operator, Mr. Hayden has lead the company to focus on identifying prime commercial real estate investments and forming limited partnerships to acquire these properties.
In 2009 Hayden Real Estate Fund I, LP, a Delaware limited partnership, was formed. To date the Fund has raised commitments of approximately 60% of its $100 million goal. The Fund will seek to acquire underperforming office, flex and industrial real estate to be improved, repositioned, managed and ultimately sold or refinanced.
The majority of the initial investors in the Fund are high net worth individuals and institutions. A major investor is James J. Maguire, Chairman and Founder of Philadelphia Consolidated Holding Corp., a firm with $5.6 billion in assets.
"We believe the Fund is ideally positioned to take advantage of a once in a generation opportunity to purchase Class "A" commercial real estate at market prices not seen in recent history," said J. Anthony Hayden. The Fund will concentrate on acquiring assets within a 200 mile radius of Philadelphia. This geographic area contains approximately 25% of the national inventory.
The next 3 years should provide an historic opportunity for the acquisition of properties that can be improved, repositioned, managed and then sold at a profit. We will only pursue commercial properties that are well located and have a positive cash flow.
We are currently in the process of evaluating opportunities. We don't think the commercial real estate market in our targeted geographic region has reached its low point. But, we believe it will reach that point sometime in the next three years. We plan to exercise patience. We don't believe there is any need to rush our decisions. But, when a clear opportunity presents itself we will be in a position to quickly take advantage of it.
We will buy what we know," stated Hayden. "We expect to work with real estate professionals that we have known over the past 40 years to identify appropriate properties, analyze them quickly and close on transactions with motivated sellers."
"Once we have acquired the properties we will put in place a plan to make selected property improvements that will increase tenant satisfaction and retention. We will also develop a marketing plan for each property that conveys the attributes and benefits of that property relative to its competitors. These programs will enable us to increase occupancy, rental rates and revenue," concluded Hayden.
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