SAN FRANCISCO--(BUSINESS WIRE)--Bailard advances its efforts to seize opportunities in the evolving real estate market. With a disciplined investment approach and an expanded team, the Bailard Real Estate Fund is positioned for growth in the year ahead.
In the fourth quarter of 2024, the Fund fulfilled all outstanding redemption requests, demonstrating its commitment to effective liquidity management while maintaining focus on strategic priorities. Also during the quarter, Bailard strengthened its research capabilities by adding two real estate analysts, enhancing its ability to identify and execute on attractive property acquisitions.
“Clearing the redemption queue and expanding our team reflect our readiness to meeting today’s challenges while preparing for future opportunities,” said James Pinkerton, SVP of Portfolio Management & Acquisitions. “By building our capabilities, we’re better equipped to pursue investments that align with our core strategy and deliver long-term value.”
The Fund’s strategy emphasizes mid-sized investments in non-Gateway primary markets, targeting properties with solid fundamentals and favorable relative value—great assets at fair prices. Its “silo-less” team structure fosters accountability and alignment for cohesive and effective decision-making.
“The challenges of the past two years have reshaped the real estate landscape, and we believe the correction has largely run its course,” said Tess Gruenstein, SVP of Portfolio Management & Acquisitions. “With values stabilizing, bid/ask spreads narrowing, and capital markets improving, we see opportunities to thoughtfully reenter the market. The team is excited to go back on ‘offense,’ focused on opportunities where we can deliver meaningful results.”
About the Bailard Real Estate Fund
The Fund is an actively managed open-end, core equity real estate vehicle with a strategy to maintain and grow a portfolio diversified across property types, major metro areas, and investment life cycles. As of December 31, 2024, the Fund’s Gross Asset Value was $1.5 billion, invested in 32 properties across 20 U.S. markets. An investor in the Bailard Real Estate Fund must be an “accredited investor” as defined in Regulation D and provide documentation verifying such status as requested by the Fund.
About Bailard, Inc.
Founded in 1969, Bailard is an independent, values-driven wealth and asset management firm serving individuals, families, and institutions alike. Bailard has built a long‐term asset management track record across domestic and international equities, fixed income, and private real estate, as well as robust, in-house sustainable, responsible and impact investing expertise. Through it all, Bailard works with clients to align their financial goals with their values. Based in the San Francisco Bay Area, with over $6.3 billion in assets under management as of 12/31/2024, Bailard is a majority employee-owned, woman-led firm, Certified B Corporation™, and UN Principles of Responsible Investing signatory.
Disclosures
Bailard, Inc. (Bailard) is the investment and operating manager of the Bailard Real Estate Investment Trust, Inc. (the “Bailard Real Estate Fund” or the “Fund”); Bailard receives annual fees from the Fund, which are based on the Net Asset Value (NAV). As of 12/31/2024, the Fund’s NAV was $1.0 billion. The Fund invests primarily in real estate and, as a result, an investment in the Fund entails significant risks that are customarily associated with the development and ownership of income-producing real estate, including illiquidity, changes in supply and demand, and inexact valuation. The Fund’s shares fluctuate in value and may be illiquid due to a lack of redemption, the lack of a secondary market and restrictions on transfer. Fees and expenses may offset the return on the investment. The Fund may be leveraged. While projections utilized for acquisitions are based on assumptions that Bailard believes are reasonable under the circumstances, they are subject to uncertainties, changes (e.g., changes in public health, economic, operational, political, legal, tax, and other circumstances), and other risks including, but not limited to, future operating results including rents, occupancy, and other property cash flows, and other expenses. Investors may lose all or a substantial portion of their investment. For a more thorough discussion of the fees and the risks involved in making an investment in the Fund, please refer to its Offering Memorandum. Past performance is no indication of future results. All investments have the risk of loss.
