strategic real estate investments
Davenport Group is focused on creating value through relationship-driven real estate investments in the Greater Washington DC area. Our thoughtful approach to each real estate opportunity focuses on value, optionality and mission critical criteria for our end users and occupiers.
Our team is led by finance, construction, and technology executives with decades of experience, enabling us to efficiently identify and evaluate the most compelling opportunities.
- PERSISTENCE: In identifying and stabilizing new opportunities
- PATIENCE: In our underwriting and deal structuring
- ALIGNMENT: With our investors and every stakeholder throughout the deal process
Davenport acquires value-add and opportunistic real estate in and around the DC Metro area. Our process typically involves either repositioning an asset to a higher and better use, identifying operating or leasing inefficiencies, or entitling new ground-up developments. By balancing effort and return, our diversified investments model leans on a select group of capital partners, each with different goals. By thoughtfully aligning each deal with the right capital, we can offer the flexibility needed to execute on opportunities, and accommodate a seller’s needs, especially when timing is a key concern. Our key asset focus are industrial, multifamily, retail, and office.
DIRECT MIDDLE MARKET Sole operator or strategic joint venture equity, value add and opportunistic
STRATEGIC CO-GENERAL PARTNER Manage complex value add and opportunistic developments with best in class operators
CREATIVE STRUCTURED FINANCING Strategic preferred equity and mezzanine financing
Assemblage of mission critical Industrial Service Facility portfolio
Acquisition of distressed retail properties for repositioning or redevelopment
Conversion of existing office product into creative use, including co-living, multifamily, or boutique office
Acquiring, assembling, and entitling land and existing cash-flowing assets into more dense and efficient mixed-use multifamily
In-house construction management expertise enables us to focus on design and cost during the initial feasibility studies through entitlement and final design as well as protecting our interests during and after delivery. Many of our peers who focus on value-add and opportunistic real estate undervalue the importance of focusing on the hard cost side of a deal. Controlling these costs is just as important to us as “buying it right”.
Each real estate deal has a different story. Some take years to cultivate and close, and others need immediate attention. Davenport carefully tracks each opportunity and thoughtfully curates the best team members for each specific deal. Understanding the pulse of the market is not enough, the right players and partners are also essential in creating value and executing efficiently.
We have built a proprietary, internal deal sourcing platform that leverages our local relationships and market intelligence to accelerate deal evaluation, understand competition and help guide thoughtful areas of focus. We believe that access to data is important, but access to relevant and insightful data is essential in differentiating ourselves from our peers.
Learn More
More than a dozen years of experience in real estate acquisitions, dispositions, financing, asset management, and leasing. Prior to Davenport Blake spent 13 years spearheading a local private equity real estate fund’s strategic direction focused on acquisitions, entitlement, leasing and asset management.
Over twenty years of construction project management experience in large-scale mixed use, office and residential projects in excess of $500M. Peter most recently served as Director of Construction for a Washington DC based real estate fund managing the entitlement, development and construction of ground up and existing, income producing properties.