MIAMI—Adler Group and Kawa Capital Management are teaming up to tap into new opportunities as the nation’s economy rebounds and fresh capital begins coming off the sidelines. The companies just launched a joint venture called Adler Kawa Real Estate Advisors.
The joint venture combines the strengths of Adler, an accomplished real estate company, and Kawa Capital, an active alternative investment firm. Adler Kawa will focus on fund management and real estate acquisitions in growth-oriented markets across the U.S.
“We believe there continues to be strong acquisition opportunities in markets across the southern and eastern U.S., particularly in cities with stable economies and growing populations such as Houston and Miami,” Matthew L. Adler, tells GlobeSt.com. Adler currently manages assets spanning 7.2 million square feet in the southern and eastern U.S.
Adler Kawa will invest in commercial real estate through discretionary funds, managed accounts and individual asset joint ventures. As president and CEO, Adler will oversee all investment activities. Adler previously managed investment efforts for Adler Group, including the deployment of the Adler Real Estate Fund.
In addition to Adler, the Adler Kawa board of directors will include Adler Group founder, chairman and CEO Michael M. Adler, Kawa Capital Management founder Daniel Ades, and Ganot Capital CEO Matan Ben-Aviv. Before formally launching Adler Kawa, Adler and Kawa Capital had teamed up to acquire a portfolio of flex properties in Houston, Texas, and the Greenbriar Business Park in Nashville, TN.
“Our investment philosophy to date, namely our focus on multi-tenant properties in U.S. markets experiencing economic growth and favorable demographic trends, will continue to guide our strategy,” Adler says. “Additionally, the professionals responsible for acquisitions and asset management of Adler Group’s existing commercial portfolio will maintain a day-to-day role in Adler Kawa’s investment decisions and operations.”