WHAT WE DO
Rizk Ventures has been responsible for building multiple real estate platforms across numerous asset classes, including: office, light industrial, flex, and healthcare. Rizk Ventures and its management team have been responsible for about $9 billion of capital transactions which include acquisitions and financing across these asset classes.
The Rizk Ventures model has been to recruit experienced operating partners that have had a track record of success and deep market knowledge with respect to specific asset classes. Rizk Ventures will continue to apply this formula to grow across additional asset classes.
Workspace Property Trust
This 10 million square foot platform was founded in 2016 and consists of 14 business parks with 7 million square feet of office and 3 million square feet of industrial space. The properties are located in 6 submarkets across the country including Phoenix, South Florida, Tampa, Minneapolis, and two Philadelphia submarkets.
This platform, formed in 2015, is a joint venture with Goldman Sachs Merchant Bank and owns healthcare real estate facilities in the country of Colombia. These real estate facilities are the home to some of the top hospital groups in Latin America. Prior to this, Rizk Ventures expanded its domestic healthcare technology business to the country of Colombia to assist hospitals in enhancing their operating performance.
Thomas Rizk and Roger Thomas, founded the publicly traded REIT then known as Cali Realty. Specifically, Cali Realty Corp. was taken public in 1994 and what followed was the growth of the company from a $300M enterprise to a $3.6B plus enterprise over the next three year period. Under their leadership, during this three-year period the company was one of the best performing public companies in the U.S., returning on average a 30% total return to its shareholders each year while employing a low-leverage strategy.