Our History

We have provided well-researched and carefully underwritten real estate investment options to our clients for thirty-five years.

2016

Management-led recapitalization; became independent affiliate of Legg Mason

2015

Acquired Gables Residential; launched open-end residential fund

2014

Fourth fund in opportunistic series

Student housing fund launched

2013

Debt Platform relaunched

2012

London office opened

2011

Management buyout completed

Industrial joint venture in Brazil

2008

Brazil office opened

2006

Mexico fund established

Hospitality platform created

2005

$3 B public REIT acquired;

apartment platform established

Value-add investment option

2002

$1.5 B private REIT acquired,

creating industrial platform

2000

Flagship open-end fund launched

1999

First fund in opportunistic series

1998

Sold to ING Group

1983

Separate Account business established

1982

Business established; registered with SEC