Investment Strategy
Evolving Market Dynamics
Calculated Investment Approach
Evolving Market Dynamics
Florida’s core urban markets have undergone extensive development, leaving few opportunities for new ground-up projects. As South Florida’s population continues its rapid growth, the region’s industrial sector must rely primarily on its existing inventory to support the movement and manufacturing of essential goods. Much of this inventory
Florida’s core urban markets have undergone extensive development, leaving few opportunities for new ground-up projects. As South Florida’s population continues its rapid growth, the region’s industrial sector must rely primarily on its existing inventory to support the movement and manufacturing of essential goods. Much of this inventory is aging, with the average property exceeding 30 years. To sustain economic expansion, these assets require modernization. Ownership is transitioning from fragmented holdings to a more institutionalized framework. At Ivy Capital, we specialize in identifying and revitalizing value-add properties in this high-demand market, leveraging emerging trends to enhance asset performance and drive long-term institutional growth.
Strategic Asset Criteria
Calculated Investment Approach
Evolving Market Dynamics
We target value-add industrial properties in prime submarkets near major transit hubs and dense populations. Focused on small-bay, light industrial assets, we prioritize flexible, multi-tenant spaces with 18-36 ft clear heights, multiple loading doors, ample power, and efficient access. By upgrading well-located properties, we drive long-term value and institutional investment appeal.
Calculated Investment Approach
Calculated Investment Approach
Calculated Investment Approach
Our strategy executes capital improvements and mark-to-market enhancements within 12-18 months, stabilizing assets for sale within 18-36 months. We target acquisitions with in-place cash flow to ensure debt service and vacancy coverage, balancing value creation with risk mitigation.
Executive Team
CEO
Robert Richter, CEO: An executive with 20 years’ experience in domestic and international commercial real estate development, investment, construction and brokerage, Robert has executed complex business initiatives throughout the United States and Latin America. Mr. Richter co- founded and directed NAI Panama, a global real estate brokerage and commercial construction firm based in the Republic of Panama, building one of the largest commercial brokerage operations in the nation along with construction and property management companies, all of which he successfully exited. He previously served as Director & Partner at McCraney Property Company in Orlando, FL, running Central and North Florida markets, and as a Vice President of Flagler, Florida’s largest commercial real estate developer and part of the global private equity fund, Fortress Investment Group (NYSE: FIG), where he led new market entry for master planned industrial developments throughout Florida. As Founder & CEO of Imminent Ventures | Development, Mr. Richter led the acquisition of 5 development sites totaling over 3 million square feet of speculative and build-to-suit development. He received his BA from Wake Forest University, with Honors, where he earned a varsity letter in football, and his MBA in Finance from Thunderbird School of Global Management.
Executive Vice President
Stan Conway, Executive Vice President: As an EVP of Ivy Capital, Stan is focused on capital raising and is an accomplished senior Commercial Real Estate (CRE) executive with extensive expertise spanning real estate finance, corporate leasing, last-mile logistics, asset management, project management, syndication, acquisition/disposition, and underwriting. With over $400 million in transaction execution across all asset types, he brings a comprehensive skill set and a proven track record in delivering exceptional results. Key competencies include site selection, transaction execution for all asset types, and a deep understanding of asset management across diverse property types.
Executive Vice President
Rakesh Kumar, Executive Vice President: As an EVP of Ivy Capital, Rakesh is focused on site selection. An executive with 25 years’ experience in commercial real estate, Mr. Kumar has previously served as an investment advisory to various industrial buyers located in New York City. His expertise extends to investment sourcing and structuring, financial modeling, and project management for both ground-up developments and rehabilitations. He has successfully led complex business plans, overseen full project lifecycles, and enhanced portfolio performance through strategic decision-making.
Management Track Record & Institutional Partners
Proven Leadership in Industrial Development
Under the leadership of CEO Robert Richter, our team has successfully overseen the development of millions of square feet of industrial space across Florida. His extensive experience and strategic vision have played a pivotal role in shaping high-performing industrial assets in key markets. See more on the development practice at www.imminentventures.com.
Current & Previous Institutional Partners
The Executive Team has collaborated with top-tier institutional partners, forming strategic joint ventures and equity partnerships with industry leaders. Notable joint venture equity partners include Hunt Midwest and Barron Collier Companies, while Northwestern Mutual and PIMCO have provided limited partner equity. These partnerships reflect a track record of trust, expertise, and execution in the industrial real estate sector.