GAR-us-stars-medium

Operational Real Estate

Investments in the United States

logo_kleiner

Current Focus:

Multifamily housing and project developments with interesting upgrade potential.

 

Merken

Merken

Merken

Merken

LOGO_kleiner

GAR News:

„Der Staat ist nicht der bessere Bauherr“
Interview with Dr. Patrick Adenauer
Handelsblatt 31.01.2020

> more News

>r>Merken

logo_kleiner

Strategy:

Real estate in growing regions in the east and south-east of the United States.

Merken

ABOUT

The German American Realty Group specializes in corporate and operational real estate projects in the US. It comprises German American Realty GmbH and the German American Realty Partners LLC.

The team offers a combination of expertise, entrepreneurial mindset and long-standing experience. All real estate projects are intensively analyzed by local experts and implemented in close cooperation with local partners. Services include support and controlling throughout all phases of a project: From the underwriting of each deal to the acquisition management, followed by the active management and property controlling once the asset is acquired.

All parties involved have access to an exceptionally wide ranging network. The team utilizes experienced local partners that have proven track records and mutually successful past deal performance. The shareholders personally invest in each project.

  • Access to the profitable US real estate market
  • Experienced and reliable partners in Germany and the US
  • Management and monitoring of the property development
  • Professional controlling and regular reporting
  • Mutual interest in success
GAR news

January 2020
„Der Staat ist nicht der bessere Bauherr“
Interview with Dr. Patrick Adenauer
Handelsblatt 31.01.2020

Fall 2019
Comparing German and US Multifamily Housing
AFIRE Summit #2 / Fall 2019
www.afire.org/summit

November 2019
German interview with Dr. Patrick Adenauer:  „Kein Mietendeckel in Texas“
Immobilienmanager

June 2019
Video Marisol Vista Apartment Homes

January 2019
Interview with Dr. Patrick Adenauer
IPE Institutional Investment

TEAM

Founding Partner

Dr. Gisbert Beckers

Active on the US real estate market for over 25 years. In addition to own investments, he oversees the structuring and handling of real estate projects.

Founding Partner

Dr. Patrick Adenauer

Managing Partner of the BAUWENS group in Cologne since 1989. Has in-depth expertise in all areas of asset management. Has been active in the US with own investments for many years.

Managing Partner

Dr. Christoph Pitschke

Several years of experience in real estate advisory of family offices and as manager of real estate investment funds for institutional clients. Graduate of Georgia State University (Atlanta) and Member of the Royal Institution of Chartered Surveyors.

Managing Partner

Fabian Bauwens-Adenauer

Several years of real estate experience acquired during employment at a major US-based investment company. Expert in the acquisition and management of real estate assets for institutional investors.

Founding Partner

Burchard von Arnim

Active on the US real estate market together with Dr. Gisbert Beckers for over 25 years. Founder and CEO of von Arnim Private Consulting Wirtschaftsprüfungsgesellschaft mbH. Focuses on real estate businesses on the German market and at international level.

Founding Partner

Paul Bauwens-Adenauer

Managing Partner of the BAUWENS group since 1986. Provides many years of expertise in the financial and real estate sectors, also in the US. Involved in various supervisory and administrative board mandates. He possesses an extensive network and expertise.

Founding Partner

Alexander Jacobi

Managing Director of several companies of the BAUWENS group since 2005. Expert in the field of project development. Several years of experience in the real estate market, with multifamily investments in the US, amongst others.

Head of Investor Services + Marketing

Claudia Krämer

Responsible for services at various US real estate investment companies for over 10 years. Long-standing expertise in transaction support. Previous marketing employment in Germany and London. Master Degree International Management and Marketing.

Assistant of Board Management

Petra Kischitzki

Assistant of Board Management and office management since 2017. Trained banker and over 14 years of experience as an assistant in IT/Marketing, Sales and Purchasing also on an international level.

Investment Associate

Nina Kusenberg

Investmentmanagement and Assistant of Board Management. Several years of professional experience in the German real estate market. International studies with focus on real estate economics in the USA. Master graduate of IRE|BS in Regensburg and Florida International University in Miami.

GAR Manager located in the U.S.

Marc Tetzner

Provides advisory services to international clients investing in US real estate since 2004. Is a licensed real estate broker who has lived and worked in South Florida since 2001 and joined German American Realty Partners as Manager in 2017.

STRATEGY

Why US real estate?

In order to diversify into different regions and compensate for currency and economic risks in real estate portfolios, the US have developed into an important target market. In addition to a long-term stable economy, it offers constant population growth.

Another aspect is the socio-demographic change taking place in the US. The increase of single households, the rise in demand for housing, as well as a preference for urban living are all sustainable growth factors.

Real estate projects in the US also benefit from specific conditions, such as simplified legal structures and transparent tax policies.

 

 

  • Diversification into economic regions outside the Eurozone
  • Regions with a focus on continual economic growth
  • Growth forecast for the US real estate market remains positive
  • Special focus on multifamily asset class

Why multifamily housing?

  • This category historically accounts for around 24% of the US real estate capital market
  • Increase in population and rising number of households
  • Stable demand for apartments, especially in metropolitan areas
  • Low vacancy rates between 4.5% and 5% for rental properties
  • More liberal tenancy laws in favor of landlords and significantly shorter rental periods
  • Attractive yield potential and lower volatility compared to commercial real estate
  • Upside potential through active rental management and continuous upgrading of apartments
  • Shorter lease contract terms constitute both „opportunities and risks“. The importance of operational management is very high in this respect.
Multifamily housing =

Professionally managed apartment houses with shared facilities such as swimming pool, fitness centre, lobby and 24h-services.

SERVICES

German American Realty accompanies corporate and operational real estate projects in the US throughout the entire term.

German American Realty operates as co-investor, manages and develops all strategic and financial interests in order to optimize value.

Objective: Optimizing revenue, capital preservation and appreciation.

  • Partner selection and monitoring
  • Investment analysis
  • Acquisition management
  • Financial structuring
  • Continuous analysis and performance monitoring
  • Controlling, reporting, liquidity management

 1. Acquisition

Selection of property + local partner

Identification and selection of real estate projects,

Analysis of credit rating and qualifications, project acquisition by trusted partners

C

 

 Investment evaluation

Location and market analysis, feasibility study, risk/ opportunity assessment

C

 

 Financial structuring

Equity, mezzanine and financed capital

 2. Transaction

 Contract negotiation

C

 

Contractual structuring

C

 

 Contract ratification

 3. Ongoing support

 Asset-Management

Active control of development, restructuring, letting and sales processes

C

 

Financial-Controlling

Cash outflow review, profit planning and monitoring, budget vs. actual comparison, deviation analysis and implementation of solutions

C

 

Financial-Reporting

Preparation/review and forwarding of investment reports

PROPERTIES

CONTACT

GAR German American Realty Group

Holzmarkt 1
D-50676 Cologne
Tel:  +49 221 40084 342
gar@german-american-realty.com

 

Legal notice

Legal notice

German American Realty GmbH
Holzmarkt 1
D-50676 Cologne

Tel.: +49 221 40084 342
E-Mail: gar@german-american-realty.com

District Court of Cologne HRB 91791

Managing Directors: Dr. Patrick Adenauer, Dr. Gisbert Beckers, Dr. Christoph Pitschke, Fabian Bauwens-Adenauer

Register of brokers (www.vermittlerregister.info). Registration number: D-F-142-TGBI-68
VAT identification number: DE308090905
Investment broker with a licence according to §34f paragraph 1, sentence 1 no. 2 of the industrial code (GewO). Licencing authortity: IHK zu Köln, Unter Sachsenhausen 10-26, 50667 Köln.

Design and implementation

Herret von Haeften GmbH
Zippelhaus 3
D-20457 Hamburg
www.hvh-design.de

Copyright

Unless otherwise indicated, all pages of this website are subject to copyright. This especially applies to texts, images and graphics, including their arrangement on the web pages.

Any reproduction or use of the material on this website (or parts thereof) in other electronic or printed publications and publications thereof (also online) requires prior consent from German American Realty GmbH.

Some images, graphics, text or other files may be wholly or partially subject to copyrights of third parties. In this respect, we list the following authors:

  • Photography U.S.A.: Mark H. W. Hiebert – San Antonio, Texas, USA
  • Photography U.S.A.: AA Bel Air Holdings LLC, 954 W. Washington Blvd., Ste. 415, Chicago IL 60607
  • Photography U.S.A.: Brad Bell,  3333 W. Hospital Avenue, Atlanta, GA 30341, USA
  • Photography U.S.A.: De Vore Design LLC, 1280 102nd Avenue N., St. Petersburg, FL 33716
  • Visualization Farmers Market: LYND Development Partners – San Antonio, Texas; U.S.A.
  • Photography of start picture, background: f11photo / Vladitto / Peshkova / shutterstock.com
  • Rendering Woodfield Reston: KTGY Architecture + Planning
Data Privacy Policy

Data Privacy Policy
I. Name and contact information of the controller

German American Realty GmbH
Holzmarkt 1
50676 Cologne, Germany
Tel: +49 221 40084 340
Email: datenschutz-gar@german-american-realty.com

(hereinafter referred to as “we”)

Data Privacy Officer:

Hans-Peter Fries
Düsseldorf/Cologne
Schloß Eicherhof
42799 Leichlingen

Telefone: +49 2175 1655-0
Email: datenschutz-gar@german-american-realty.com

II. Provision of website and log file creation

1. Description and scope of data processing

Every time our website is accessed, our system automatically collects data and information from the computer accessing our system.

The following data is collected:

IP address of the Internet connection accessing our system
Browser type and version
Referrer URL
Date and time of server enquiry
Any files accessed and data volume transferred

The data collected is stored in our system log files for 7 days and subsequently deleted or masked, making it impossible to trace any information back to a specific user.

2. Legal basis for data processing

The legal basis for storage of IP addresses and other data (also in log files) is Art. 6 para. 1 (b) and (f) General Data Protection Regulation (GDPR).

3. Purpose of data processing

Temporary storage of your IP address by our system is necessary to enable your computer to access our website. We need to store your IP address for the duration of the session for this purpose.

Data is stored in log files to ensure the functionality of our website. This data also helps us to optimize our website and ensure the security of our IT systems. Data is not analyzed for marketing purposes in this context.

Our legitimate interest in data processing lies in these purposes pursuant to Art. 6 para. 1 (f) GDPR.

4. Duration of data storage

User data is deleted as soon as it is no longer required for the purpose for which it was collected. If data has been collected for the purpose of making our website accessible to users, that data will be deleted as soon as the session has ended.

User data that is stored in log files will be deleted as soon as its storage is no longer required (e.g. to determine misuse).

5. Right to objection and deletion

Data collection for providing website access and the storage of data in log files is absolutely necessary for operation of the website. As such, there is no right to objection.

III. Email/contact form

1. Description and scope of data processing

You can contact us through our website via email or by filling out our contact form. We will store any personal data you provide in both cases. The data contained in your email will not be transmitted to third parties.

2. Legal basis for data processing

The legal basis for processing data transmitted through our website (email/contact form) is Art. 6 para. 1 (f) GDPR. If you are seeking to conclude a contract by contacting us through our website, additional legal regulations as specified under Art. 6 para. 1 (b) GDPR shall apply.

3. Purpose of data processing

This data will only be used to process our correspondence.

4. Duration of data storage

Your data will be deleted as soon as it is no longer required for the purpose for which it was collected. Personal data transmitted via email will be deleted after our correspondence with you has ended. Our correspondence will be considered ended when there are apparent indications that the matter at hand has been resolved conclusively.

5. Right to objection and deletion

If you have chosen to contact us via email, you may object to the storage of your personal data at any time. Should you choose to do so, we will be unable to continue our correspondence.

To object, please contact us via the contact information provided under I above. Should you choose to object via telephone, you will be required to provide an identification document proving your identity.

Upon receiving your objection, we shall delete any personal data that was stored at the time of initial contact.

IV. Your rights

You have the following rights when it comes to your personal data processed by us:

1. Withdrawal of any consent given

You can withdraw any consent given to us at any time with effect for the future.

2. Obtaining information

You have the right to obtain information about the personal data we collect about you.

3. Correction and deletion

You have the right to correct any inaccurate or incomplete personal data pursuant to Art. 16 GDPR and to delete personal data pursuant to Art. 17 GDPR.

4. Restricting data processing

Pursuant to Art. 18 GDPR, users can restrict the processing of their personal data.

5. Right to objection

You have the right to object at any time to the processing of your personal data by us for reasons arising from your particular situation, to the extent such objection is in compliance with Art. 6 para. 1 (e) or (f) GDPR.

6. Publication of data and data transfer

You have the right to receive from us any personal data that you have provided to us in a structured, commonly used, machine-readable format. You also have the right to request that we transmit such personal data at your instruction to another controller to the extent technically feasible. You may assert these rights free of charge. Please contact us should you wish to exercise these rights.

7. Right to lodge a complaint

Should you feel that we are not in compliance with our data privacy obligations, you can contact the responsible data protection supervisory authority at any time, e.g. the Commissioner for Data Protection and Freedom of Information for the State of North Rhine-Westphalia.

V. Obligation to provide data

You are not under any legal or contractual obligation to provide personal data to us. However, data that is required for the provision of a service must be provided to us so that we can offer that service. Otherwise we will not be able to provide the service.

[Last updated: June 2019]