Real Estate

Great Elm seeks to build a diversified portfolio of high-quality, income-producing real estate assets that are leased to credit-worthy tenants. Great Elm intends to finance the acquisition of such assets through relatively limited equity contributions and high financial leverage that is non-recourse to Great Elm. Through such acquisitions, Great Elm strives to create long-term value via debt amortization and appreciation in underlying property values.

NOTABLE Transactions

In March 2018, Great Elm announced the closing of its first transaction in its real estate platform by partnering with a leading investor in the Credit Tenant Lease (“CTL”) space to recapitalize the Gartner I and Gartner II Class A office buildings and associated property in Fort Myers, Florida.