EXPERIENCE INVESTMENT MANAGEMENT & REAL ESTATE SERVICES

EXPERIENCE
INVESTMENT MANAGEMENT
& REAL ESTATE SERVICES
EXPERIENCE
Who We Are
A trusted advisor.
A consistent presence.
A valued resource.
FOREST CITY
INVESTMENT MANAGEMENT
& REAL ESTATE SERVICES
Forest City Investment Management & Real Estate
Services is the investment management and third-party
advisory practice of Forest City. A multi-billion dollar,
publicly traded company, Forest City has a proven
legacy as a real estate investor, manager and developer,
community-builder and creator of economic growth.
Forest City Investment Management & Real Estate Services makes our Company’s
experience and talent available to you and your portfolio. As a full-service third-
■■ A 90-year Company Legacy
■■ Experts in Creating & Maximizing Value
■■ Multiple Product Types & Properties Nationwide
■■ National Talent with Local Expertise
■■ A Proven Fiduciary
party advisor, we provide flexible, vertically integrated investment, development and
management services that will maximize the value of your real estate assets.
With an extensive portfolio of residential and commercial properties and land throughout the United States, Forest City is a full-service real estate company that can handle
every aspect of investment, management, development and redevelopment.
Whether you are looking to maximize your returns in the real estate sector or looking
to turn around the performance of an individual asset, Forest City Investment
Management & Real Estate Services can help you achieve your goals.
EXPERIENCE
Our Capabilities
We are a premier real estate investor, manager and developer
with a proven track record, a diversified approach to growth
and a committed and experienced management team.
Here is what we bring to the table.
STRONG INVESTMENT FOCUS
CAPITAL MARKETS EXPERTISE
Forest City has been successful over the long-term
As experts in obtaining financing and creating
due in part to a deliberately strategic and rigorous
financial alternatives for clients and partners,
investment process that is always focused on value
we have a long history of creating capital markets
creation. We look at creative solutions to tough
solutions where others cannot.
issues and work to maximize value and overall
returns. Our comprehensive asset management
MIXED-USE & URBAN CAPABILITIES
process enables us to strategically manage cash
We have a successful track record with a diverse
flows, thereby maximizing short-term and long-
range of product types including office, R&D,
term objectives and returns for our stakeholders.
retail, residential, hotels and land. However, what
differentiates us from many other real estate firms
MARKET FOCUS WITH DEEP LOCAL
EXPERTISE AND PRESENCE
is our deep experience with mixed-use properties
We have deep experience and local presence in
and prestigious real estate projects in the nation.
and urban real estate—some of the most complex,
America’s major knowledge markets. Our seasoned
professionals are experts at identifying investment
RESTRUCTURING & WORKOUTS
opportunities, assessing risk, assembling the right mix
Restructuring and workouts, brought on by the
of resources, implementing plans and delivering results.
challenges of our current economy, are not new
to our senior executives and professionals, who have
SKY 55
■ CHICAGO, ILLINOIS
This 41-story, 411-unit, luxury multi-family building is part of
Forest City’s 80-acre master planned mixed-use Central Station
development in downtown Chicago. Central Station is one of the
fastest growing communities in Chicago, with over 3,300 residential
units and 250,000 square feet of commercial space already in place.
OWNER’S MENTALITY
lived through many real estate cycles. We have the
Given Forest City’s long history as an investor and
experience and capabilities to work through the full
principal, our team approaches real estate decision-
range of complex issues prevalent today and know
making from an owner’s perspective, looking to
how to analyze and create value in these situations.
maximize near-term cash flow and long-term value.
EXPERIENCE
National Breadth and Local Depth
THE YARDS
■ WASHINGTON D.C
Located in the rapidly developing Capitol Riverfront District and
within walking distance to Capitol Hill, The Yards will include 5.5
million square feet of retail, residential, office and recreational uses.
Forest City offices
States with Forest City property locations
Our diverse portfolio includes premier properties in
27 states and the District of Columbia. We are especially
active in our core markets. These strategic markets have
strong demographics and long-term growth potential.
With offices and real estate holdings nationwide,
you are never far from Forest City. Our local teams
are backed by strong support from our corporate
PRODUCT TYPES
Retail, Office/Life Sciences,
Residential, Land, Mixed-use
leadership, finance and asset management staff.
Real estate has always been, and will continue to
METRO 417
■ LOS ANGELES, CALIFORNIA
Located in the heart of downtown Los Angeles, Metro 417 with 277
boutique-style, multi-family residences is a historic redevelopment
of the city’s Subway Terminal Building, originally built in 1925.
be, a local business. The people in our 15 local
and regional offices are experts in their markets,
enabling us to think strategically and act locally.
CORE MARKETS
New York, Boston, California,
Washington D.C., Chicago, Texas,
Florida, Denver, Southwest
EXPERIENCE
The Power of Relationships
Our business is built one relationship at a time.
STAPLETON
■ DENVER, COLORADO
At 4,700 acres, Stapleton is the nation’s largest urban infill development,
with more than 3 million square feet of office and retail space, hundreds
of acres of parks and open space and already home to over 10,000 people.
At Forest City, we have forged strong partnerships
with tenants, lenders, investment firms, intermediaries,
government agencies, architects, contractors, builders
and other real estate firms. We excel at establishing
and cultivating mutually beneficial relationships
that maximize value for our partners nationwide.
Real estate is a people business and, as a result, our reputation and relationships have
always been important to us. This has served us well, whether it was in maintaining
higher occupancy levels at our properties, identifying proprietary investment opportunities,
modifying or expediting entitlements, arranging financing when others could not or
working with local, state or federal government authorities to bring economic incentives
to our projects. While our relationships serve us in many ways, our approach with all
stakeholders is consistent—uphold the highest standards of ethical behavior and have
all interactions be characterized by an attitude of openness, candor and honesty.
SAN FRANCISCO CENTRE
■ SAN FRANCISCO, CALIFORNIA
The 1.5 million-square-feet of urban retail features over 200 specialty
stores and the second largest Bloomingdale’s and Nordstrom in the country.
The center also includes 246,000 square feet of Class A office space.
DEVELOPMENT &
CONSTRUCTION
MANAGEMENT
ASSET & PROPERTY
MANAGEMENT
CAPITAL
MARKETS
MANAGEMENT
LEASING &
MARKETING
MANAGEMENT
Value Maximization
LOFT 23 ■
CAMBRIDGE, MASSACHUSETTS
Loft 23, a sustainable loft-style apartment building, is located within
our University Park at MIT mixed-use property. This award-winning
residential community features an energy-efficient green roof.
Forest City Investment Management &
Real Estate Services is dedicated to bringing
you the value creation that has defined Forest City
throughout our Company’s history. By delivering
many specialties under one roof, we can help
you maximize the value of your assets.
VICTORIA GARDENS
■ RANCHO CUCAMONGA, CALIFORNIA
Victoria Gardens is an open-air town center at the heart of a 160-acre,
main-street community. This entertainment destination consists of
residential, office, retail, public plazas and a civic cultural arts center.
EXPERIENCE
Asset Value Maximization
NEW YORK TIMES BUILDING
■ NEW YORK, NEW YORK
The 1.6 million-square-foot New York Times Building, located in Times
Square, is a partnership between The New York Times and Forest City.
This Class-A office building opened in 2007 at more than 90 percent
leased. It is already considered one of New York’s premier buildings
because of its design, tenancy and sustainable features.
EXPERIENCE
Investment Management Expertise
Forest City’s investment management expertise is
fueled by our long history of successful partnerships
with both public and private institutions. Our decades of
real estate experience, deep market knowledge, seasoned
professionals and rigorous investment process have
enabled Forest City to create, preserve and maximize
cash flows and values for our investment partners.
Forest City is unique. We manage over 40 million square feet of commercial space, 45,000
residential units and thousands of acres of land in 27 states and the District of Columbia.
Forest City associates are experts in acquisition, disposition, asset management, development/
construction, leasing, financing and reporting. Our nationwide reach, multi-product-type expertise,
and vertically integrated platform enable us to produce superior returns for our partners.
We are an entrepreneurial firm with a structured asset management approach.
Our experienced professionals work as a team from project identification through asset
disposition. We combine hands-on real estate experience with strategic investment management
to create the optimal business plan for each asset and portfolio. With decades of experience
working on behalf of a wide variety of partners, Forest City is a proven fiduciary.
FAIRMONT PLAZA
■ SAN JOSE, CALIFORNIA
In the heart of downtown San Jose, The Fairmont Office Tower
offers 17 stories and 404,000 square feet of Class A office space.
EXPERIENCE
What Forest City Can Do For You
UNIVERSITY PARK AT MIT
■ CAMBRIDGE, MASSACHUSETTS
University Park is an award-winning campus environment of 2.3 million
square feet, just steps from the Massachusetts Institute of Technology and
minutes from the renowned research and academic institutions of Boston.
A Trusted Advisor
for Any Situation
DEVELOPMENT &
CONSTRUCTION
MANAGEMENT
Our Capabilities:
VERTICALLY INTEGRATED
& MULTIPLE ASSET TYPES
Development, Entitlement,
Planning & Implementation
Forest City Investment Management & Real Estate
Services brings the collective talent of Forest City
Construction & Program Management
Contractor Negotiations
to bear for your asset or property. With proven
Tenant Coordination/
Construction
experience and a successful track record of developing and managing complex projects, Forest City is
FINANCE &
REPORTING
the partner you can depend on in any situation.
Financing
Our Diverse Portfolio
RETAIL:
OFFICE:
28.7 million square feet
in 52 locations
11.5 million square feet
„„ Urban retail
LIFE SCIENCES:
„„ Lifestyle centers
2.4 million square feet in operation
Loan Structuring & Restructuring
„„ Community centers
„„ Power centers
„„ Multiple use projects
LAND DEVELOPMENT/
MIXED-USE:
10,840 acres owned in 38 projects
7,219 additional acres under option
RESIDENTIAL/MULTI-FAMILY:
HOSPITALITY:
45,000 units in 113 locations
4 hotels; 1,573 rooms
„„ Market rate
„„ Affordable
„„ Tax-exempt
„„ Adaptive reuse
additional hotels
Property Management
Leasing & Marketing
Financial Reporting
Financial Management
Government Relations & Approvals
Partnership Management
with hotel developers in last 2 years
Portfolio Management
Asset Disposition Management
Tenant Relations
„„ Structured 10 new transactions
„„ Developed and profitably sold
THE
CLIENT
RELATIONSHIP
MANAGEMENT
„„ Entertainment-based retail
„„ Regional malls
ASSET
MANAGEMENT
Public-Private Partnerships
Intermediaries
„„ Military housing
Foundation of Value Creation
EXPERIENCE  NATIONAL PRESENCE  LOCAL KNOWLEDGE  TRUST  COMMUNICATION
FPO
This brochure is printed on FSC and Green Sealcertified paper containing 100% post-consumer
recycled fibers and manufactured with 100%
renewable green energy. Sustainability is one of
Forest City’s Core Values. As a Company, we are
committed to being a leader in sustainable real
estate investment, development and management.
FOR MORE INFORMATION
Visit www.forestcity.net/invmgmt
Forest City Enterprises Inc.
50 Public Square
Cleveland, OH 44113
216.621.6060