Empire Square Group provides exceptional direct real estate opportunities for select investors using a customized, turnkey solution which achieves outstanding returns. Over the past five years we have earned our members an average 10% annual cash yield and a 20% IRR.
Why Empire?
Direct Real Estate Investment
We enable our members to invest directly in real estate which ensures they have maximum control over their investments and cuts out middleman costs.
Greater Control
Direct real estate ownership provides a significantly greater amount of control compared to other real estate investment options. We offer our members different levels of control based upon their needs, from 100% control and ownership to minority interests.
Lower Costs
Investing directly in real estate lowers fees and tax costs. Direct investment cuts out the middlemen found in typical REITs, funds, and other real estate investment structures as well as eliminating layers of fees.
Improved Estate Planning
Direct real estate investments can be held by a family long term and handed down through generations. Intergenerational wealth transfer remains one of the most important considerations facing our investing members.
Superior Performance
Our proprietary value-oriented strategy has delivered our investors outstanding returns of 10% annual cash yield and 21% IRR across over 28 investments totaling over $500 million dollars in value over the last five years.
Quality Real Estate
We invest US cities and metropolitan areas which we expect will out-perform over the long run based upon our proprietary analysis. We invest in markets with strong demographic trends, growing educated workforces, a backbone of educational institutions and high quality of life.
Value Focus
We use a fundamental analysis framework for underwriting investments and are relentlessly value-oriented. Our data-driven approach to identifying exceptional income producing real estate assets synthesizes and analyzes information from a multitude of sources to alert us to regions, cities, markets, asset classes, and assets that are poised to outperform. We identify and exploit both macroeconomic and microeconomic dislocations to acquire assets below intrinsic value as assessed using comparable sales, replacement cost, and cash flow generation metrics.
Unique Access
Our ability to access exceptional direct real estate opportunities comes from a proprietary network of long standing relationships with leading real estate owners, brokers, lenders, and operating partners. We also leverage the Empire Square Group member network for opportunities and have built a reputation in the national market for the highest integrity, reliability, and efficiency in closing transactions. We review enormous numbers of opportunities and select only the most compelling opportunities to show to our members based upon their profiles.
Preferential Debt
Our members also enjoy access to debt capital on preferential terms which allows us to optimize cash yield. We have key relationships with leading lender institutions who are able to offer debt financing for acquisitions on terms simply not available to other real estate investors.
Seasoned Team
Our underwriting team, based in New York, brings years of experience and a rigorous institutional approach to underwriting, vetting, diligencing, analyzing and executing on every deal. We leverage the impressive local experience of our select, best-in-class partners around the country to source and stress test strategies and specific investment opportunities.
Customized Turnkey Service
Our technology-enabled turn-key solution makes it easy for our investors to keep an eye on their investments.
Outsourced Real Estate Office
Our turnkey approach means that we act as a trusted advisor forming part of our members’ family office or group. We invest alongside our investors in each deal or, if our member prefers, act strictly as an asset manager to maximize member control.
Bespoke Search
We tailor our search service to each member’s unique needs and collaborate to develop a customized investment strategy to achieve these goals over a defined time period.
Curated Opportunities
We do not advocate one-size-fits-all investments and only show members what they want, when they want it with a view to helping our members achieve their specific goals.
Flexibility
We can source exceptional opportunities on a deal by deal basis, ensuring maximum control and customization for an investor, or we can acquire a set of assets that meet a prescribed set of parameters established in a programmatic strategy. Alternatively, our members can co-invest alongside other members.
Lifecycle Stewardship
We handle every aspect of the complex real estate ownership lifecycle from origination, property and asset management, ownership structuring, compliance, budgeting and planning and disposition.
Complete Oversight
We seamlessly manage and integrate all the various experts involved in a direct real estate transaction, including attorneys, accountants, and consultants.
Technology-Enabled Platform
Our technology-enabled platform makes it easy for investors to track the performance of their investments and to invest in new opportunities. Our members keep track of their portfolio through our proprietary app and online dashboard. Our cloud based asset management platform ensures that reporting is timely, fast, accurate, and useful.
Our Real Estate
770 Commerce Dr - Venice, FL
Industrial
Industrial
Silicon Valley 1565 Barber Lane - Milpitas, CA
Office/R&D
Office/R&D
San Jose 5300-5350 Hellyer Ave - San Jose, CA
Office
Office
Fort Worth Heritage Commons X - Fort Worth, TX
Office
Office
Tampa Citrus Park Crossing - Tampa, FL
Office
Office
Commodore Perry Estate - Austin, TX
Hotel
Hotel
2700 La Frontera Boulevard - Austin, TX
Office
Office
Yotel Miami - Miami, FL
Hotel/Multi-family
Hotel/Multi-family
45 West Red Oak Lane - New York, NY
Retail
Retail
Gateway Center - Fort Myers, FL
Office
Office
Grant Plaza - Austin, TX
Office
Office
1701 McCarthy Boulevard - Silicon Valley, CA
Office
Office
15 8th Avenue - New York, NY
Mixed-use
Mixed-use
Properties In FL
Properties In CA
Properties In TX
Properties In NY
770 Commerce Dr
Venice, FL
Industrial
6331 Wally Way
Greenville, WI
Industrial
Silicon Valley 1565 Barber Lane
Milpitas, CA
Office/R&D
Westport 54 Wilton Road
Westport, CT
Office
Princeton Campus Road
Princeton, NJ
Office
San Jose 5300-5350 Hellyer Ave
San Jose, CA
Office
Fort Worth Heritage Commons X
Fort Worth, TX
Office
Raleigh 4912 Green Road
Raleigh, NC
Office
Tampa Citrus Park Crossing
Tampa, FL
Office
Commodore Perry Estate
Austin, TX
Hotel
2700 La Frontera Boulevard
Austin, TX
Office
Yotel Miami
Miami, FL
Hotel/Multi-family
6304 Spine Road
Boulder, CO
Office
401 Race Street
Philadelphia, PA
Multifamily
Overton Building
Portland, OR
Office/Retail
45 West Red Oak Lane
New York, NY
Retail
Flats at Atlantic Station
Atlanta, GA
Student Housing
Gateway Center
Fort Myers, FL
Office
Grant Plaza
Austin, TX
Office
Lake Calhoun Center
Minneapolis, MN
Office
1701 McCarthy Boulevard
Silicon Valley, CA
Office
Moxbay Land Portfolio
Seattle, WA
Land
15 8th Avenue
New York, NY
Mixed-use
Meet the Partners
Guy Nesdale and David Maltby met after they both attended Columbia Business School, and decided to form Empire Square Group to enable select US and overseas investors to directly acquire real estate in a way that better optimized returns. Guy’s extensive background in institutional private equity combined well with David’s years of experience investing and managing commercial real estate. They shared a simple yet unique perspective on using strict value-oriented criteria, underpinned by disciplined economic research, to source only the best assets and achieve optimal returns. They also shared a belief that investors deserved better service than that offered by a typical PE fund, and they designed a client-centric, customized solution to direct real estate investing that precisely serves the needs of our clients.
Empire Square Group
54 West 21st Street, Suite 507
New York, NY 10010