Denver-based EverWest Real Estate Investors has rebranded as Sagard Real Estate following a strategic partnership that began in 2021 with the multi-strategy alternative asset management firm. The full-service private real estate investment manager and operator will adopt the Sagard brand name effective October 17.
Sagard Real Estate is based in Denver with regional investment offices in New York City, Charlotte, Austin, Los Angeles and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm with $15 billion in AUM, active in venture capital, private equity, private credit, royalties and real estate. Power Corporation of Canada (TSX:POW), Sagard’s largest shareholder, is a publicly listed international management and holding company that focuses on financial services in North America, Europe and Asia, with $2.7 trillion in assets under advisement.
Sagard Real Estate’s focus on driving value for institutional and high-net-worth investors through differentiated investment strategies remains unchanged. The successful strategies that have grown the firm from $2 billion to $5.2 billion in AUM over the last five years will continue through the rebrand with an emphasis on their industrial expertise focusing on high barrier-to-entry, top sub-markets with long-term tenant demand, multifamily investing in infill locations in undersupplied neighborhoods, and alternative property sectors for diversification and yield enhancement.
“Assuming the Sagard Real Estate name is the logical next step in our partnership with Sagard. We will continue to focus on investment performance as our top priority, building on our proven investment strategies and our success to date,” stated Rick Stone, chief executive officer of Sagard Real Estate.
Sagard Real Estate’s leadership team, personnel and operations remain unchanged. The firm will continue to be led by Rick Stone and an experienced senior team who have invested in real estate together for many years.
The Sagard Real Estate senior team has collectively invested over $30 billion in commercial real estate throughout their careers across the United States through real estate funds, separate accounts, and joint venture investments. Sagard Real Estate currently has $5.2 billion of gross assets under management.
Assets Under Management (AUM) may be calculated differently for different investment strategies. Please visit Sagard.com for more information regarding the calculation of AUM.
