Celestial Capital Group, LLC ("CCGL")

CCGL is a real estate owner/operator concentrating on value-added office and retail properties in the New York metropolitan area.  The firm also performs limited financial advisory services and is a licensed real estate broker.

CCGL specializes in acquiring well-located, under-performing properties and creating substantial value and strong cash flow through opportunistic acquisitions, renovations, market repositioning, aggressive marketing, improved management and financial restructuring.  Value-added investing provides higher returns than investing in fully stabilized properties with substantially less risk than new construction.  Internal rates of return on CCGL’s investments since formation of its predecessor company have significantly exceeded 15% per annum.

CCGL achieves both high absolute rates of return and extremely high risk-adjusted rates of return, as its investment strategy entails relatively low risk .  CCGL believes risk management in real estate investing requires discipline in selecting locations and negotiating price, as well as maintaining sufficient liquidity to withstand periods of market turbulence.  CCGL is an investor, not a trader.

CCGL’s investment capital is raised in private equity funds from high net worth investors who desire real estate in their portfolios for diversity and value CCGL’s track record of consistently high investor returns.  Most investors have long relationships with CCGL and have invested in multiple transactions.  A number are active in, and extremely knowledgeable about, real estate.

CCGL’s investors also appreciate the substantial equity invested by CCGL’s principals and structures by which CCGL’s interests are aligned with theirs.  CCGL’s principals profit from the company’s profits participation in its investments, not from fees paid without regard to performance.

Since formation of its predecessor company in 1994, CCGL has engaged in transactions as a principal aggregating approximately $250,000,000 and 1,700,000 sq ft.  As the firm has grown, its average transaction size has increased, without compromising its traditional yield parameters.