BLVD Capital

About BLVD Capital

BLVD Capital is a privately held real estate investment company founded on the basis of value investing philosophies, focusing on distressed, opportunistic, value-add and niche market real estate assets. Within these classes, BLVD typically targets underperforming properties that often require significant renovations and hands-on management to realize the assets’ full potential. BLVD constantly assesses market conditions and end-user demand in order to identify short and long-term inefficiencies and arbitrage opportunities. Subsequent to identifying broader market opportunity, BLVD applies a methodical four-pronged approach to set the stage for realizing superior returns: 1) Source opportunities with an attractive basis or potential for outsized upside while retaining an acceptable margin of safety; 2) Perform disciplined diligence to identify key opportunities and risks; 3) Closely manage the execution of the business plan and adjust based on moving market conditions; and 4) Monitor the market to identify changing market metrics in order to identify the appropriate time to exit the asset. BLVD and its principals have a proven track record of successfully investing in over $3 billion of properties across multiple strategies and a current portfolio of $1 billion in assets.
People
  • Robert Budman, Managing Principal