Auerbach Funds is a real estate private equity firm focused on adding property level enhancements to mismanaged, under-performing, and distressed  assets

Our primary objective is to protect our investors' wealth while delivering superior risk-adjusted returns in order to build equity value and consistent monthly cash flow for our investors throughout all market cycles.

In partnership with local real estate operating partners, we seek to employ value add and operational enhancement initiatives within a disciplined investment approach to create long term value for our investors and the communities in which we invest.

Auerbach at a glance
3
Private Equity Vehicles
24
Separate Transactions
3,743,169
Square Feet
$
311.2
M
Total Capitalization
2,685
Residential Units
9
States

Auerbach
at a Glance

2
Closed Private Equity Vehicles
2
Closed Private Equity Vehicles
22
Separate Transactions
3,364,001
Square Feet
$273.7M
Total Capitalization
2,465
Residential Units
8
States
Core Principles

Protecting our investors’ wealth; honesty and integrity in our dealings, transparency to our investors and partners, and a sense of commitment to the people and communities in which we invest.

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Overview

Auerbach Funds is a privately held real estate investment firm that seeks to provide investors with consistent risk adjusted returns. We follow an opportunistic strategy that invests in distressed, deep value-add investments in both primary and secondary markets throughout the United States.
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Operating Partners

Auerbach Funds operating investment structure, direct expertise and readily available capital provides a substantial advantage on the ability to “win” transactions. Sponsors appreciate our transactional and management experience, which has lead us to be a trusted and sought after partner.

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Portfolio

Fund I and Fund II holdings represent over $273.7 million of total property value at initial capitalization; over 3.3 million square feet of rentable space; over 2,400 residential units across 8 states. Auerbach Funds invests in assets across markets that have high population growth, infrastructure spending, pricing disparity, growth at much faster rates than core markets in terms of population, infrastructure spending, and job creation.

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differentiators

Experience

Auerbach builds upon the strength of three private investment funds, and a track record of results, diversification and transparency. The universe of real estate private equity investing is complex and nuanced. Senior management has been involved in the acquisition of over $4 billion of real estate assets comprising of over 15 million square feet. This real world direct experience separates successful risk mitigation from speculation.

Flexibility

Our company is among the few allocator funds that can invest in smaller transactions due to the equity size limits we place on our investment vehicles. Typically, smaller transactions are inefficiently priced due to less competition whereas larger transactions are efficiently priced or over inflated due to more competition. The strength of reliable capital is paramount in to realizing opportunistic transcations at attractive pricing.

Partnership

Auerbach Funds compensation is directly aligned with the performance of the underlying Funds. As such, each and every Auerbach employee is incentivized on fund performance to the investors.
On the asset side, we feel that it is important that the relationship between operating partner and capital source must be transparent and aligned.  We acknowledge that operating partners have a choice of whom they conduct business with; therefore, it is imperative that an allocator fund be competitive and attractive within the equity marketplace.

diversification

Investing in a Fund structure allows investors the ability to maximize their investment diversification. The Funds' investments are diversified in terms of geography, asset type, investment strategy, and operating partner. To date, Auerbach Funds have invested in over 23 transactions in 8 states. Further, Auerbach has on the ground relationships in over 51 US cities. Wealth preservation must begin with diversification and we believe that this maxim is even more augmented in the Real Estate space.

Geography

Opportunistic
Geographical Focus

Auerbach Funds targets primarily multifamily and retail assets in "smile state" secondary markets throughout the United States. However, the flexibility to invest across a variety of markets and property types  is central to Auerbach Funds' opportunistic investment strategy. We believe this approach, coupled with our readily available capital will allow us to exploit opportunities and maximize risk-adjusted returns at the portfolio level for our investors.

Our Properties >

Auerbach
at a Glance

2
Closed Private Equity Vehicles
2
Closed Private Equity Vehicles
22
Separate Transactions
3,364,001
Square Feet
$273.7M
Total Capitalization
2,465
Residential Units
8
States
Core Principles

Protecting our investors’ wealth; honesty and integrity in our dealings, transparency to our investors and partners, and a sense of commitment to the people and communities in which we invest.

More>

Overview

Auerbach Funds is a privately held real estate investment firm that seeks to provide investors with consistent risk adjusted returns. We follow an opportunistic strategy that invests in distressed, deep value-add investments in both primary and secondary markets throughout the United States.
More >

Operating Partners

Auerbach Funds operating investment structure, direct expertise and readily available capital provides a substantial advantage on the ability to “win” transactions. Sponsors appreciate our transactional and management experience, which has lead us to be a trusted and sought after partner.

More>

Portfolio

Fund I and Fund II holdings represent over $273.7 million of total property value at initial capitalization; over 3.3 million square feet of rentable space; over 2,400 residential units across 8 states. Auerbach Funds invests in assets across markets that have high population growth, infrastructure spending, pricing disparity, growth at much faster rates than core markets in terms of population, infrastructure spending, and job creation.

More>

Operating Partners

STRENGTH IN PARTNERSHIP

We partner and invest alongside operating partners whose experience, credibility, and vision within specific geographical markets and asset types have a proven history of success. A key tenet of our business is to treat all of our partners with respect. We feel that it is important that the goals and relationship between operating partner and fund need to be in lockstep and have complete transparency.  Leveraging the experience and relationships of the Auerbach team with those of our operating partners, we uncover opportunities across a variety of asset types and markets. This versatility and reach are vital in an asset class that has become increasingly efficient. We acknowledge that operating partners have a variety of sources of capital; therefore, it is imperative that an allocator fund be complimentary, competitive, and attractive within the equity marketplace. Below are some of the key factors which we believe separate us from others:

Historical Experience with Operators

Auerbach Funds’ management has closed or advised on deals with an enumeration of the operators we are targeting.

Hands on Asset Level Experience & Expertise

Auerbach Funds’ management has worked hands on as an operating partner; therefore, we are sensitive to the needs and internal processes of our partners.

Trust in Making Management Decisions

Auerbach Funds’ management has built a reputation in a variety of markets as making wise decisions that are mutually favorable to both the equity and the operating partner.

Reputation with Lenders and Sellers

Operators leverage the strength of equity sources in order to purchase transactions as well as secure financing.  Our strength and reputation in the national marketplace enables us to secure deals at more attractive pricing than “unknown quantities.”

Speed and the Ability to Close “All Cash”

Auerbach Funds is set up in a manner that enables it to close deals without financing.  As such, operators can benefit from faster due diligence and closing periods.

We have a deep belief in our core principles; protecting our investors’ wealth, integrity in all of our dealings, transparency to our investors and partners, and a sense of commitment to the people and communities in which we invest.