JER Partners - History

 

 

History

JER Partners is an established innovator and leader in the real estate industry and has a unique history reflecting the Company’s longevity and ability to create opportunity in a variety of market conditions over 30 years.

JER Partners was founded by Joseph E. Robert, Jr. in 1981 in response to the need of public and private financial institutions to resolve their considerable real estate loan workout problems. As one of the largest private asset managers on behalf of the RTC, FDIC, FSLIC and numerous financial institutions, the firm’s original focus was the management and resolution of non-performing and distressed commercial real estate assets and loans. These contracts provided the foundation for the firm’s investment activities.

JER Partners began investing in commercial real estate in the early 1980’s and significantly expanded its investment platform in 1991 when the firm began investing its own capital alongside institutional investors to acquire portfolios of primarily performing, sub- and non-performing mortgage loans and real estate. JER Partners was a pioneer in distressed and value real estate investing having made in aggregate $10 billion (book value) in investments with its capital partners. In 1997, JER Partners established the firm’s private equity real estate fund business, which has developed many lasting relationships with prominent investors including pension funds, endowments, foundations, financial institutions and other private equity investors around the globe. JER Partners was an active Special Servicer of performing and non-performing U.S. commercial real estate loans in CMBS pools for 20 years and was one of the leading Special Servicers in the industry, highly rated by both S&P and Fitch.

Today, JER Partners is building upon its rich history and deep real estate operating and asset management experience. The firm is devoting its attention to investor needs while further developing investment strategies and structures that provide unique yield-driven opportunities through a variety of investment vehicles.