Henna's principals will
pursue no opportunity without first acquiring a keen understanding
of the micro-trends, history, culture, and political climate
surrounding a potential investment. This
necessitates that a Henna team member or local partner be based
full-time in any metropolitan area where a material investment
is made, which is another point of differentiation between Henna
and larger real estate fund managers.
Henna team members and local
partners become active volunteers and contributors within the
communities where the firm conducts business, and they encourage
extended team members to do the same, thereby creating goodwill
that can potentially be monetized through the entitlement or
asset management process, as well as reducing the risk of schedule
disruptions from unforeseen political issues. Another advantage
to this approach is that decisions are made from information
extracted from local, first-hand sources, rather than filtered
through distant, third-party sources without a significant ownership
interest in the consequences of the decisions.
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