Paramount Advisory makes its principal equity investments through its sister company DreamTree Capital ("DTC"). DTC, launched in Q1 2021, focuses on making principal investment in all areas of alternative investments including real assets (real estate, infrastructure, aviation, marine), private equity, and venture capital. DTC selectively sources investment opportunities that targets at minimum 2.0x equity multiple. Below are DTC's current investment holdings.
Investment I - Real Estate Value Add
DTC made its first acquisition in San Jose in April 2021 - California. A 105,000 SF class A flex R&D office in prime Silicon Valley location. A typical value-add lease-up strategy targeting high quality credit tenants in tech industry in San Jose.
Target DTC Multiple - 2.5x and up
Investment Term - 1 to 3 years
Investment II - 61,000 SF Class A Office Ground Up Development
DTC made its first acquisition in New York City in Q4 2021 - A ground up development opportunity via joint venture with premier local developer. Once distressed due to COVID19, DTC proposed a creative buy-out structure of existing mezzanine note in default to retain control of the project and provided competitive remedy options for the developer, which ultimately will result in higher returns for both parties.
Target DTC Multiple - 3.5x and up
Investment Term - 18 to 24 months