Scott Sorensen

Operates as a real estate investment trust which acquires, develops, owns and manages office & multifamily properties

Barings Real Estate Advisers (BREA) offers investment services through open and closed end private funds, separate accounts, co-investment programs, joint ventures, and mutual funds. BREA's equity investment strategy is based on the premise that real estate is cyclical in nature, and as a result, different property types and economic regions respond independently to market dynamics. All of the firm's strategies are infused with a barrier market approach, as barrier markets have the potential for higher income growth over time that is not always reflected in current pricing. The firm's private equity investment philosophy is a value-based approach based on well informed purchases of undervalued real estate, analyzing investment fundamentals and with a focused strategy supported by research and hands-on market knowledge. Their debt investment strategy has a fundamental value orientation and seeks to determine where value exists within and between markets, based on bottom up analysis of individual investments and how they compare to alternatives in a risk/reward framework. BREA seeks to capitalize on market inefficiencies that may affect individual investments, and attempts to capture incremental return advantages to provide more consistent long-term investment results. Prudent diversification is employed to safeguard against unforeseen adverse events. Brea offers advisory services in the following real estate-related investment sectors: Public Real Estate Securities; Model Portfolios; Equity Investments in Real Estate; Real Estate Debt and Alternative Investments; Mortgage Loan Servicing; and Private Investment Funds. The firm has affiliate and/or sub-advisory relationships with OppenheimerFunds, Inc., Barings Capital Real Estate Asia Ltd. (formerly known as Babson Capital Cornerstone Asia Ltd.), and Barings Real Estate Advisers Europe Finance LLP.

Functions as a College/University

Broadway Real Estate Partners invests in high quality office properties in select markets nationwide. The firm specifically seeks office properties that have long-term prospects for out-performance due to inherent leasing or physical attributes, but that in the short-term may be mismanaged or underperforming. Prior to acquiring such properties, Broadway typically develops an 18 to 24 month operating plan for adding value and identifies potential exit strategies. During the ownership period, the operating plan and exit strategies are continuously re-evaluated by the asset management and capital markets team. Assets which meet Broadway Real Estate Partners' investment criteria are typically valued at more than $40 million with existing improvements and are classified as class B+ or better within central business districts or suburban in select markets. The firm believes inefficiencies are created when the broader investment market misprices certain risks or focuses on a pricing metric that may be inappropriate give the dynamics of a particular property or market. Broadway Partners focuses on making value-added office property investments in markets distinguished by positive supply and demand trends and by significant investment activity among institutional investors. Specifically, the firm seeks out markets with strong prospects for office-using employment growth which typically exhibit a large employment base and overall job growth, high household income levels, a highly educated workforce and population growth driven by both domestic and international migration.