About Us

About Somera Road Inc.

Somera Road, Inc. is a New York-based Commercial Real Estate investment firm focused on value-add and opportunistic transactions across all asset classes and geographies. Somera targets off-market acquisitions previously impaired by some form of distress, such as loan defaults, partnership disputes and bankruptcy, that are often overlooked by larger institutional investors. Somera takes an entrepreneurial and methodical approach to identifying off-market real estate opportunities and generating above market returns for its investors. With a disciplined and aggressive approach Somera drives value through strategic asset re-positionings, targeted capital improvement plans, and best-in-class, hands-on asset management.

 

Since its inception, Somera has acquired over $600 million in real estate and currently manages a portfolio of approximately 6.0 million square feet, spread across 20 cities.

 

Investment Strategies

With a focus on maximizing risk adjusted returns, and an underlying commitment to preservation of principal, Somera capitalizes on market inefficiencies and over-leveraged investments. Besides traditional real estate, members of our team have had experience structuring and acquiring Commercial Mortgage Backed Securities (“CMBS”), non-performing loans, REO assets, B-Notes, Mezzanine Loans, and distressed JV-equity positions.

Somera targets cities with a trajectory that our team believes in, and focuses on assets that are ripe for recovery. In addition to delivering the necessary property-level investment and repositioning, our boots-on-the-ground approach means we work directly with local policy makers, city planners, and real estate professionals to revitalize assets at the macro level. We aim to be thoughtful, nimble, responsive and responsible in our interactions with all of our counterparties. We assure that in every transaction we take an aggressive approach, are well-capitalized, and true to our word.

Our market-specific relationships and unique access to non-traditional opportunities – combined with our experience, reputation, and discipline – position Somera as a leading middle market real estate investment platform.

Investment Philosophy

Repeat Relationships

 

As we continue to grow our network, our partners have become repeat investors, lenders, brokers and attorneys.

 

Full Transparency

 

Somera prides itself on being responsive, attentive, and reliable in regards to all investor relations. In addition to quarterly reporting, Somera’s team is always available to talk to its investors.

Disciplined Investment

 

With its large pipeline of potential investments, Somera’s detail oriented underwriting, market-specific research and understanding, and hands-on approach are critical for mitigating risk.

Alignment of Interests

 

Somera’s principals invest their own capital alongside investors in every deal. This alignment ensures that no investment is made without the principals’ confidence in its merits.