SPONSOR OVERVIEW
Victrix LLC is a real estate investment and development company that was formed to take advantage of the rapidly expanding opportunity to convert underutilized office assets to multifamily and other alternative uses.
- Key members of the Victrix team – comprised of both internal dedicated employees and external specialists such as architects, engineers, and contractors – have worked together on adaptive-reuse projects for over 15 years.
- The Victrix principals have completed 7 adaptive reuse projects totaling $370 million of total investment and Victrix currently has 1.4 million square feet of office-tomultifamily conversions under redevelopment totaling over $300 million of gross investment.
- Victrix is one of the most active investors in the adaptive reuse space focusing on conversions of office, hotels, or warehouse buildings into hospitality, residential, or mixed-use properties, with an emphasis on projects utilizing tax credits (Historic, New Market Tax Credits, LIHTC, TIFs) and Opportunity Zone incentives.
MISSION
Preserving history, recycling buildings, and creating well-located housing that benefits both communities and investors.
LEADERSHIP
Anoop Davé | Chief Executive Officer
• Anoop Davé has 20 years of experience leading adaptive reuse projects, most often converting underutilized office or warehouse properties into mixed-use projects anchored by residential or hospitality uses.
• Anoop has been involved in over $1B of real estate investments. He started his career with one of the foremost adaptive reuse developers in the nation, PMC Property Group. Prior to co-founding Victrix, he worked in executive capacities at leading real estate private equity funds and operators. Anoop currently serves on the Advisory Board of American Land Fund II, a $116M land acquisition and development fund.
• He is passionate about the environment, social mobility, and education and serves on the board of SAM Elimu, a charitable foundation that supports disadvantaged children in Kenya through primary school, high school, and university.
• Anoop graduated magna cum laude from The Wharton School at the University of Pennsylvania.
Tim Gordon | President
• Tim Gordon began his career on the restructuring team of The Blackstone Group and was a partner at a special situations hedge fund prior to joining his family’s business. In addition to his role as President of Victrix, Tim Gordon serves as Managing Director of Gordon Property Group (“GPG”) and Co-Founder/Partner of Aria Development Group (“Aria”). GPG owns and manages commercial, mixed-use, and residential property in the New York metro area, Meyers Parking, and the Bridgehampton Tennis & Surf Club. Aria is among the most active ground-up multifamily developers in Washington DC and Miami, with other projects throughout the country.
• Tim also co-founded Gordon Haskett Research Advisors (“GHRA”), the equity research affiliate of Gordon Haskett Capital Corporation. GHRA has established itself as a premier boutique provider of consumer and event-driven/special situation equity research.
• He received a B.A. from Harvard University, graduating cum laude, as well as an M.B.A. from Harvard Business School.
THE BANKS
Just blocks south of the Property sits the front door to The Banks, Cincinnati’s award-winning masterplanned development home to a wide range of entertainment, commercial, and residential uses, including: • Paycor Stadium (home to Cincinnati Bengals; 66K capacity) • Great American Ball Park (home to Cincinnati Reds; 45K capacity) • National Underground Railroad Freedom Center (180K annual visitors) • The Andrew J Brady Music Center (4.5K indoor seats) and ICON Music Center (8K outdoor seats) • Smale Riverfront Park ($65M+, 45-acre urban green space completed in 2015) • Numerous entertainment amenities including restaurants, breweries, bars, tourist attractions, and event venues
