Lubert Adler Partners

Company Details

Lubert-Adler has been built on a fundamental, value-add real estate mindset. Since its founding in 1997, the firm has invested $6.5 billion of equity into $16 billion of assets.

Diversification

Lubert-Adler diversifies its investment base in four ways:
Property Type: The firm seeks to achieve diversification across all property types in order to mitigate exposure to macro trends that may impact entire property segments.
Geographic Region: The bulk of Lubert-Adler's investments are along coastal regions of the United States and other high barrier-to-entry geographic markets.
Operating Partners: By spreading its capital among numerous operating partners with various specializations, the firm is able to eliminate excessive concentrations in execution risk.
Number of Investments: All existing Funds have numerous investments.

Building Value

Once Lubert-Adler acquires and redevelops a property, the completed asset is targeted to result in a high-quality property at a cost well below its competitive set. The cost basis advantage is often achieved by executing a redevelopment at a significant cost advantage to new development. This is accomplished by:
Acquiring the asset "wholesale" because it is often acquired vacant;
Redeveloping with a local partner, whose cost structure may be more efficient; and
Obtaining attractive third-party contributions from historic tax credits, governmental programs such as TIFFs, TADs and CDDs and seller financings.

Locations

Location

NYC
600 Madison Avenue
New York, NY 10022
United States

Headquarters
2929 Arch Street
Philadelphia, PA 19104
United States

Get Full Access

or Register to Contribute

Recent interviews

View all
Year Position Location Group/Division Experience Difficulty
2014 Intern Philadelphia Real Estate Positive Average
2008 Opportunistic Real Estate PM New York Real Estate Neutral Difficult

Lubert Adler Partners

Real Estate

Est Annual Revenue:
AUM:
$5bn-$8bn