Real Estate
Hartford Investment Management is a leading commercial real estate capital provider. Through a diverse menu of real estate investment products, Hartford Investment Management serves as the primary real estate investment advisor for The Hartford Financial Services Group, Inc.* Our offerings include whole loans, junior portions of whole loans, mezzanine investments, other structured loan participations, and Commercial Mortgage-Backed Securities.
"Fundamental real estate credit underwriting is at the core of our real estate investment selection, whether in a whole loan, mortgage participation, mezzanine loan, or equity investment."
Jack Maher
Head of the Private Real Estate TeamBased in Hartford, Connecticut, our seasoned Real Estate management team averages approximately 20 years of investment industry experience and manages over $5.6 billion in assets, consisting of approximately $4.6 billion in Commercial Mortgage Loan exposure and approximately $1 billion in funded and unfunded Commercial Real Estate limited partnerships as of June 30, 2010. The team enforces strict underwriting standards, utilizing specific criteria for each investment to build a diversified portfolio of securities in terms of borrowers, geography, asset class, and security position. Through our meticulous underwriting process, attentiveness to clients, and dedication to each transaction through closing and post-closing, Hartford Investment Management has developed a substantial real estate investment platform.
Products
Whole Loans
As a par lender, Hartford Investment Management offers non-recourse, permanent-financing products at competitive terms on both a fixed and floating-rate basis. We target investments in industrial/warehouse, multifamily, retail, and office, with a loan-to-value ratio no higher than 70%. Typical deal sizes range from $15 to 50 million, but our Real Estate management team can accommodate investments up to $100 million and higher for certain portfolios.
Services
Funds Management
In addition to its debt-investment capabilities, Hartford Investment Management’s Real Estate team also benefits from an established funds-management platform. The team acts as co-sponsor on a real estate fund, targeting different risk/return profiles to best serve a diverse group of institutional clients.
Asset Management
A critical component of Hartford Investment Management’s success in real estate investment is the Real Estate Asset Management team, which is responsible for active participation in the mortgage loan closing process. The Asset Management team also services and monitors the performance of our existing portfolios.
For additional information on our Real Estate products and services, contact us at 1-860-297-6768, or email us at RealEstate@himco.com.
*Hartford Investment Management is a wholly owned subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford"), a Fortune 100 company, which trades on the New York Stock Exchange under the symbol "HIG".