VDB Groupe Acquires and Enhances Core Plus Properties in the US
Wayne Vandenburg is a seasoned real estate leader who has led TVO Global Partners and affiliates as President and CEO since 1983 and concurrently serves as a Chairman of the Advisory Board to the VDB Groupe and VDB Asset Management.
VDB Groupe, with a legacy investment and management platform, has a vertically integrated business model that has provided high-quality service spanning operations during five decades. VDB Groupe’s investment and both property and asset management expertise identify and purchase well-located and well-developed properties at a discount to their current replacement cost.
The firm cures any deferred maintenance as needed and executes preventive maintenance programs following the property acquisition while developing value-add enhancements thereafter to drive value to the property asset which includes strategic upgrades, refurbishments, and defined capital expenditures.
VDB Groupe purposely invests in regions of the country that are experiencing strong employment and population growth. The bulk of these regions and locals are also home to prestigious universities. All VDB Groupe investments also include convenient access to various transportation modes. As a rule, VDB Groupe remains flexible as it relates to exit timetables and strategies including refinancing, recapitalization, and the sale to unaffiliated third-party investors.