The Praedium Group manages investment funds that focus on enhancing real estate assets that have been impaired by mismanagement or market issues. Praedium's strategy involves identifying market inefficiencies and improving underutilized assets, primarily in the multifamily asset class. They aim to acquire assets below replacement cost and increase their value through active management, strategic capital improvements, and proactive leasing. Praedium avoids highly competitive auctions, preferring privately negotiated transactions.
Fee Structure
Praedium Group manages investment funds and receives an annual management fee, paid quarterly in advance. During the investment period, fees are based on capital commitments. After the investment period, fees are based on invested capital. The firm's general partner is also eligible to receive a portion of the profits from the disposition of portfolio investments.