• Tue. Jun 21st, 2022

Standard Real Estate Investments and Belay Investment Group announce strategic investment program


LOS ANGELES, September 20, 2021 / PRNewswire / – Standard Real Estate Investments, LP (Standard), a minority-owned real estate private equity firm that focuses on providing joint venture capital to developers, has formed a strategic investment program with Belay Investment Group, LLC ( Belay).

“We are proud to be aligned with Belay. This is a thoughtful and experienced team who share our vision of how business investment actions can affect positive social change, ”said Jerome Nichols, President of Standard. “Only two percent of professionally managed real estate is managed by minorities or women. This needs to change. The standard is only part of a larger mobilization across the industry that is working to make it happen. . “

The investment program will leverage Standard’s development expertise to invest joint venture capital in grassroots projects nationwide, through asset types with emerging regional and local experts who have unique access to the transaction flow.

As part of its investment program with Belay, Standard recently concluded an investment in a 244-unit multi-family development project located at 75 West 18e Street Downtown Indianapolis, IN. The 2.1-acre site is located within walking distance of the expansion Indiana University Methodist Health Hospital. The developer is Arrow Street Development, a Indianapolisan emerging and minority development company led by an industry veteran, Rodney Byrnes.

“The collective richness of the institutional experience shared by the Standard team was evident throughout our due diligence process, and Belay was impressed, not only by the consistent quality of information and analysis provided by Standard, but by their keen sense of researching and promoting relationships with emerging operators and developers, ”said Eliza bailey, Managing Director at Belay. “We are thrilled to have the opportunity to explore new markets and new strategies through this company, while continuing to play an active role in supporting diversity, as well as developing the Standard team. and its platform. ”

Belay is an investment manager focused on deploying institutional capital through strategic partnerships with emerging managers and market sector specialists across a variety of value-added strategies and property types. The company’s strong fiduciary culture and track record are matched only by its commitment to demonstrating social and environmental progress through the investments it makes. Current ESG strategies include investments in adaptive reuse of former big box retail space, workforce housing with on-site social programming initiatives designed to educate and empower its tenant base lower-to-middle class, and an organized multi-family debt portfolio with an eye toward strengthening the supply of accessible housing while reducing the affordability gap in Southern California.

“Belay’s collaborative culture fits perfectly into our long-term plans and will be an asset to our platform,” said Robert Jue, Chairman and CEO of Standard. “Ultimately, we will measure our success by the performance of our investments and the impact we have in helping to increase diversity and inclusion in commercial real estate.”

About Standard Real Estate Investments

Founded by Robert Jue and Jerome Nichols, Standard Real Estate Investments (Standard) is a minority owned and controlled real estate private equity firm that manages capital on behalf of institutions and allocates joint venture capital to developers. The company operates nationwide across all real estate sectors and risk profiles, initially focusing on developing affordable housing at market prices while accelerating the positive socio-environmental impact. Standard’s management team has invested in assets valued at $ 7 billion in total. For more information visit www.standardrei.com.

About the Belay Investment Group

Belay Investment Group, LLC is a majority female-owned company Los AngelesAn investment management firm that seeks investment opportunities in debt securities and equities, primarily mid-market infill properties in the urban / suburban transit hub markets, on behalf of its institutional investors. Belay implements its investment strategies through long-term relationships with high-caliber local operational partners and industry specialists. The company has gained a reputation in the industry for supporting the growth and development of emerging operators and managers (including MWBE companies), beyond providing investment capital. For more information, please visit www.belayinvestmentgroup.com.

Contacts: Great Ink Communications – [email protected]; 212-741-2977
Roxanne donovan
Eric Waters
Sara williams
Jimmy lappas

SOURCE Standard Real Estate Investments


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