Gramercy Land LLC (together with its affiliates, “Gramercy Land”) is a New York-based private real estate firm which invests in pre-development land across the United States. We aim to generate attractive risk-adjusted returns across market cycles through data-driven analysis, creative and flexible transaction structuring, and significant value creation. We work closely with land owners, communities, and local municipalities to maximize value for all stakeholders. Gramercy Land invests through the following strategies:
Opportunistic Equity Control investments in pre-development land where significant value can be created by unravelling site-specific complexity and working with local stakeholders and municipalities on development approvals.
Structured Equity Preferred equity investments, often with participation or convertible structures, where Gramercy Land retains a second-loss position and supports leading land investing operators in their business plan executions.
Credit Distressed and performing credit investments through secondary purchases of notes and direct originations with the objective of generating equity-like returns while maintaining first-lien security.