As hands-on investment managers, we are actively engaged with our local property management teams to provide information and receive feedback in real-time. With respect to COVID-19 (coronavirus) and its implications on our properties, here is a partial list of actions we have already taken:
- Increased frequency of cleanings and utilizing CDC-recommended products.
- Set up hand sanitizing stations – to the extent available – at building access points.
- Communicated directly with tenants to address concerns and to ensure we are made aware of any employee level risk.
Both Streitwise, and our Sponsor, Tryperion Partners, have implemented safety procedures for all employees to work from home and are available to help both investors and potential investors during business hours.
We continue to believe a core-plus stabilized REIT investment like Streitwise is a valuable asset in any conservative investor’s portfolio, especially in periods of market volatility. That’s why our principals invested $5 million of our own money into Streitwise, and are happy we did.
Mr. Karsh is a Partner and Co-Founder of Streitwise. His primary responsibilities include sourcing and executing new investments, managing corporate operations, and overseeing investor relations and reporting.
Prior to forming Streitwise, Mr. Karsh was an Acquisitions Analyst for Canyon Capital Realty Advisors and the Canyon-Johnson Urban Funds, where he was responsible for underwriting, structuring and executing value-add and opportunistic transactions. He holds a Bachelor of Arts degree in Political Science from the University of Pennsylvania. Mr. Karsh is a member of ULI and is also a Real Estate & Construction member of the Jewish Federation of Greater Los Angeles.