ACQUISITIONS

Novel Creative Development’s principals are strong believers in efficient markets and rely on an evolving acquisition strategy that seeks to identify macro and micro level inefficiencies that have yet to correct. After initially specializing in undervalued and value-added multifamily real estate investments nationwide, Novel Creative Development has broadened its scope to include the acquisition of all types of income producing real estate and land in select major US markets, as well as situational, value-added opportunities nationwide.

 

DEVELOPMENT

Novel Creative Development has drawn on its extensive experience in bettering neighborhoods through strategic property acquisitions and major rehabilitation. Novel Creative Development believes that development is not just about buildings, but rather about creating and enhancing neighborhoods. Novel Creative Development seeks to create mixed-use, transit-oriented, and environmentally sustainable projects and neighborhoods that improve the quality of life for residents, employees, and visitors alike.

 

INVESTMENTS

In addition to direct investment in real estate, Novel Creative Development also pursues the origination of real estate loans, acquisition of distressed real estate debt, as well as investment (either actively or passively) in other real estate operating companies. Novel Creative Development also pursues opportunistic alternative investments including the acquisition of non real estate operating companies.