Taurus Investment Holdings and Greenstreet/Niosi Capital Partners Announce a Partnership Targeting Net Lease Investments.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 12, 2004 Taurus Investment Holdings ("Taurus") and Greenstreet/Niosi Capital Partners ("GNCP") announce the creation of a real estate partnership to acquire single tenant, net leased assets. The Taurus/GNCP Single Tenant Acquisition Program ("STAP STAP Scientific and Technical Advisory Panel STAP Space-Time Adaptive Processing STAP Short Term Action Plan (for Infrastructure) STAP Single Trooper Aerial Platform (Star Wars) ") is a targeted investment program with the goal of acquiring $100 million of single tenant properties across the U.S. in 2004. The STAP strategy includes acquisitions of smaller ($5 million to $15 million) single tenant projects with diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. by product type, geography, industry/credit rating, and lease term. The majority of the portfolio will consist of non-investment grade credits and intermediate term leases. The program is customized towards the portfolio needs of Taurus' and GNCP's core high net worth clientele, with the goal of generating high current income, while preserving capital through a strict real estate underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. discipline. About Taurus Investment Holdings Taurus Investment Holdings is a real estate investment firm headquartered in Boston, MA with nine operating affiliates in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Europe and China. Founded in 1976 as a leading real estate advisor to wealthy European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. families and several prominent German and Swiss institutions, Taurus has become one of the premier owner-operators of both directly managed and joint venture commercial real estate throughout the eastern United States, and more recently Canada. Taurus services the real estate needs of private clients and institutions worldwide. Since its inception, Taurus has purchased and sold over 10 million square feet of office, industrial, retail, residential and hotel assets. Taurus is widely recognized as a strategic real estate owner-operator specializing in value creation through a mix of development, redevelopment, lease-up and intensive professional management of each individual investment. Through the combination of its United States regional office platform and nine operating affiliates in the United States, Canada, Europe, and China, Taurus successfully brings together a unique blend of local entrepreneurship en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. with global financial strength. About Greenstreet/Niosi Capital Partners Formed by Anthony T. Niosi and Greenstreet Partners, LP, GNCP and its affiliates maintain offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Miami. GNCP and its affiliates conduct an international, diversified diversified (di·verˑ·s real estate investment business, which includes the direct investment in real estate assets and entity level transactions, through the investment of its own and clients' capital on a leveraged basis. The company has relationships with operating partners across a broad spectrum of property sectors including multi-family, office, shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into and industrial properties. GNCP's investment strategy is based upon relationships with operating partners who can identify real estate investment opportunities that will benefit from a value enhancement strategy. |
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