Bell Partners Named as a ‘consistent Performing Fund Manager’ in Preqin’s 2016 Global Real Estate Report
GREENSBORO, N.C. — Preqin’s 2016 Global Real Estate Report named Bell Partners Inc., one of the nation’s leading apartment investment and management companies, as “a consistent top performing real estate fund manager”. This is the third year in a row that Bell has received this significant distinction from Preqin, recognizing the Company’s consistently strong returns for investors.
Preqin’s analysis detailed in its 2016 Global Real Estate Report recognizes real estate fund managers who had consistently strong performances over the last year. The Report is based on a universe of 135 firms and 786 funds that fulfilled the selection criteria. According to Preqin’s latest report, all three of the funds managed by Bell were ranked in the top quartile, similar to last year’s performance.
Lili Dunn, Bell’s President, said, “We are very pleased to be recognized by Preqin for the third year in a row. We take pride in our ability to consistently deliver exceptional returns to our investors by maintaining a disciplined investment strategy and leveraging our extensive platform to maximize performance results.”
The real estate fund managers listed in Preqin’s report are managers for whom Preqin holds fund performance data, and their funds have been assigned quartile rankings. Preqin only assigns quartile rankings to mature funds where the IRR is more meaningful. An average score close to 1.00 implies that a specific fund manager is among the most consistent top performing fund managers in the industry.
About Preqin
Preqin is the leading source of information for the alternative assets industry, providing data and analysis via online databases, publications and bespoke data requests. Preqin has built a reputation in the alternative assets industry for providing the most comprehensive and extensive information possible. Leading alternative assets professionals from around the world rely on Preqin’s services daily, and its data and statistics are regularly quoted by the financial press. For more information, please visit: www.preqin.com.
Methodology
Preqin assigns each closed-end fund a quartile ranking based on its performance against other funds of the same geographic focus and vintage year. The methodology used to compile our consistent performing managers list looks at these quartile rankings; a top quartile fund will be ascribed a score of one, a second quartile fund a score of two and so on.
Preqin only assigns quartile rankings to funds of more mature vintage years. Funds with vintages of 2012 or later are not considered. Furthermore, the table has been restricted to fund managers that have raised at least three funds, and is further narrowed down to only include active fund managers, with managers that have not launched a new fund since 2008 excluded. The league table does not seek in any way to endorse these fund managers, but rather to illustrate those that have performed the most consistently in the past.
About Bell Partners Inc.
Established in 1976, Bell Partners Inc. (“Bell Partners” or the “Company”) is a privately held, vertically integrated apartment investment and management company focused on high-quality multifamily communities throughout the United States. Bell Partners has over 60,000 units under management and over 20,000 apartments under renovation. The Company has over 1,600 associates and 7 offices (including its headquarters in Greensboro, NC) and offers an extensive and full service operating platform containing expertise in acquisitions and dispositions, financing, property operations, construction, accounting, risk management, market research and all other related support functions. Bell Partners is led by a senior management team with an average of over 20 years of experience that has invested throughout all phases of the real estate cycle and has helped the Company complete over $10 billion of apartment transactions since 2002, including almost $1.5 billion of activity in 2015 alone. For more information, visit our website at www.bellpartnersinc.com.
Contact
Kevin Thompson
Phone: 336.232.1993
Email: bkthompson@bellpartnersinc.com
Laurenn Wolpoff
Phone: 917.518.9011 x219
Email: lwolpoff@prosek.com