U.S. Real Estate
Overview
We seek income and capital appreciation through a diverse portfolio of real estate investments.
HMC and its affiliates have owned, developed and managed multifamily, office, industrial, retail and hotel properties throughout the southeastern and southwestern United States. HMC has a history of identifying real estate investment opportunities through its network of long-term, strategic relationships.
Our approach is hands-on, targeting properties that we believe are undervalued, and where value can be created through focused operational and financial management. We seek smaller, more entrepreneurial transactions, typically between $20 million and $80 million, that are too large for individual investors but too small for the larger funds.
Investment Team
Raymond J. Harbert
Chairman & Chief Executive Officer

Raymond J. Harbert has served as Chairman and Chief Executive Officer of Harbert Management Corporation, an alternative asset investment management firm, since it was organized in 1993.
Mr. Harbert began his career with Harbert International, Inc., a subsidiary of Harbert Corporation, in 1982 where he held various positions. Subsequently, Mr. Harbert served as Vice President of Business Development and then as President of Harbert Properties Corporation, Harbert Corporation’s real estate subsidiary. In December 1988, he was elected Vice President of Harbert Corporation, where he had overall responsibility for the firm’s investment portfolio. In July 1990, he was elected President and Chief Executive Officer of Harbert Corporation, which brought the remainder of the firm under his management.
Mr. Harbert serves on the Board of Trustees of Auburn University, where he is the President Pro Tem. Mr. Harbert also serves on the Board of Trustees for the State of Alabama Trust Fund and the Robert Meyer Foundation. He serves on the Board of Trustees and is a member of the Executive Committee of Children’s Hospital of Alabama. In addition, Mr. Harbert serves on the Board of Directors and the Executive Committee for Birmingham Business Alliance. He also serves as a member of the President’s Advisory Board of the University of Alabama at Birmingham and the Alabama Business Hall of Fame Nominating Committee. Mr. Harbert is a past member of Leadership Alabama, Young Presidents’ Organization, and a former Alabama State Chairman for YPO.
In 2006, Mr. Harbert was awarded the regional Ernst & Young’s Entrepreneur of the Year Award for Financial Services. Mr. Harbert holds a Bachelor of Science degree in business from Auburn University. He and his wife, Kathryn Dunn Harbert, have three children.
Michael P. White
Vice President & Senior Managing Director

Mr. White has worked on the HMC U.S. real estate team since its inception in 1994. Mr. White joined Harbert International, Inc. in 1983 and held various positions in its construction division until 1986, when he moved to Harbert Properties Corporation, where he ultimately became Vice President of Development and Finance of Harbert Properties Corporation. In 1994, Mr. White joined The Harbinger Group, Inc. (now Harbert Fund Advisors, Inc.), a subsidiary of HMC, and served as Chief Operating Officer and was actively involved in the development and implementation of HMC’s alternative investment strategy. Mr. White served in this role until 1998, when he assumed overall responsibility for HMC’s U.S. real estate investment activity. Mr. White has acquired over 4.0 million square feet of office space, over 4,800 apartment units, 3.2 million square feet of industrial real estate, 473,000 square feet of retail space, and 1.5 million square feet of self-storage property as fund managers for HMC’s U.S. real estate strategies. These acquisitions and developments represent over $1.0 billion in transactions. He serves as a Board Member of the Alabama School of Fine Arts Foundation and the University of Florida’s Center for Real Estate Studies. Mr. White holds a Bachelor’s degree in Civil Engineering from the University of Florida.
Jon-Paul Momsen
Vice President & Senior Managing Director

Mr. Momsen joined HMC in 2008 as a Managing Director to open HMC’s San Francisco, California office. Prior to joining HMC, Mr. Momsen worked at Deutsche Bank, where he served as Director and Head of the West Coast for the RREEF Real Estate Opportunity Fund Group. Before that, Mr. Momsen was with Deutsche Bank as a Vice President in the Real Estate Private Equity Group in New York. Prior to Deutsche Bank, Mr. Momsen was with Bankers Trust Company in the Real Estate Investment Banking Group.
Mr. Momsen has acquired or developed over 4.5 million square feet of office space, 3,200 apartment units, 6,440 hotel rooms and 750 condominium units. These acquisitions and developments represent approximately $2.2 billion in transactions.
Mr. Momsen graduated Magna Cum Laude and Phi Beta Kappa with a Bachelor of Science in Finance from the Wharton School of Business and a Bachelor of Arts in Political Science from the University of Pennsylvania. Mr. Momsen also graduated Beta Gamma Sigma with a Master of Business Administration degree from Columbia Business School.
Jeffrey H. Seidman
Vice President of Asset Management

Mr. Seidman joined HMC in July 2008, assuming responsibility for managing the U.S. Real Estate Investment Portfolio. Mr. Seidman brings extensive real estate experience to this position. Prior to joining HMC, Mr. Seidman worked at Bayview Financial in Miami, where he oversaw a commercial asset portfolio and worked on its real estate developments, which included a $400 million resort property. Prior to Bayview Financial, Mr. Seidman spent more than 20 years in the Houston real estate market. Mr. Seidman provided diligence and loan underwriting to Wall Street clients for the Situs Companies and, as its Sr. Manager, handled the re-development and disposition process of a variety of asset classes within a $700 million REO portfolio held by United Savings. Mr. Seidman’s time with United Savings led to his becoming the Sr. Manager for the successor firm Bank United with its $12 billion in assets. He also held the first position as the Director of Loan review to quantify risk in the lending portfolio on behalf of Hyperion Partners. Furthermore, Mr. Seidman was active in commercial developments and forestry for a private family in Mobile, AL.
Mr. Seidman holds a Juris Doctor degree from the Tulane School of Law and a Bachelor of Science degree, with a Major in Real Estate, from the University of Arizona.
Todd N. Jordan
Managing Director

Mr. Jordan joined HMC in 2003 as an Associate rising to Director of Investments in 2007 and Managing Director in 2012. Mr. Jordan directs HMC’s U.S. real estate acquisitions for the Southeast and Mid-Atlantic regions. He has directed the transaction management, underwriting analysis and due diligence on over 3.2 million square feet of office space, 3,000 multifamily units, 2.7 million square feet of industrial real estate and 564,000 square feet of retail space for HMC’s U.S. real estate strategies. These acquisitions represent over $800 million in transactions.
Prior to joining HMC, he worked for PricewaterhouseCoopers LLP, advising real estate clients ranging from public REITs to private investment funds. Mr. Jordan graduated Magna Cum Laude and Beta Gamma Sigma with a Bachelor of Science in Accounting and a Master of Tax Accounting degree from the University of Alabama. He also holds a Master of Business Administration degree from the University of Georgia. Mr. Jordan is a Certified Public Accountant. He serves on the Board of Directors for Camp Smile-A-Mile.
J. Travis Pritchett
Managing Director

Mr. Pritchett is a Managing Director of HMC. Mr. Pritchett joined HMC in 2005 as an Associate rising to Director of Investments in 2008 and to Managing Director in 2012. Mr. Pritchett directs HMC’s U.S. real estate acquisitions for the Central region and South Florida. Mr. Pritchett has directed underwriting analysis, due diligence, and transaction management on over 1.65 million square feet of office space, 1,700 apartment units, 150,000 square feet of mixed-use real estate, and 1.5 million square feet of self storage space. These acquisitions represent over $430 million in transactions. Mr. Pritchett’s responsibilities at HMC have included financial analysis, acquisitions, dispositions, financings, day-to-day asset management of the company’s real estate investments and fund raising.
Prior to joining HMC in 2005, Mr. Pritchett completed a Master of Business Administration at the University of North Carolina’s Kenan-Flagler Business School as a Kenan-Flagler Merit Fellow. He also holds a Master of Environmental Management (M.E.M.) with a concentration in Coastal Management from Duke University. His MEM master’s thesis was published in the textbook, The Biology and Management of the World Tarpon and Bonefish Fisheries.
Prior to graduate school, Mr. Pritchett worked as a Portfolio Analyst for Trusco Capital Management. Prior to Trusco, he received a BS in Biology from Davidson College where he was a four year letter winner on the tennis team.
Melody T. Lewis
Asset Manager

Ms. Lewis joined HMC in 1997 to assist with portfolio asset management. Her previous experience includes work with the residential mortgage and funds management industries. Ms. Lewis received a Bachelor of Science degree from the University of Louisville. Ms. Lewis is the current President of the Harbert Employees Reaching Out (HERO) Foundation.
Andrew S. Case
Asset Manager

Mr. Case joined HMC in 2007 as a Senior Analyst working on financial analysis, acquisitions, market research and asset management. In 2009, he was promoted to Asset Manager where he focuses on implementation of asset specific business plans, refinancings, dispositions and monitoring asset performance of the company’s real estate investments.
Prior to joining HMC, Mr. Case worked for KPMG LLP in their Mergers & Acquisitions group. He holds a Bachelor of Science degree in Accounting and a Master of Accounting degree from the University of Tennessee. Mr. Case is a Certified Public Accountant. He currently serves on the Board of Directors for The Rotaract Club of Birmingham, The UAB Comprehensive Cancer Center’s Young Supporters Board and the Birmingham Museum of Art Junior Patrons Board. Mr. Case was selected as a participant in the 2011 Leadership UAB Class, the inaugural YP United class and also the 2011 Birmingham MS Leadership Class.
Craig L. White
Associate

Mr. White rejoined HMC in 2010 as an Associate for the San Francisco, California office to analyze and coordinate acquisitions, dispositions and financings for the company’s U. S. Real Estate Funds. Prior to joining HMC, he served as Assistant Vice President in the National Real Estate group at Regions Financial. He also was an Analyst with HMC’s European Real Estate team from 2005 to 2007. Mr. White holds a Bachelor of Science degree from Auburn University and a Master of Business Administration degree from Vanderbilt University.
Brandon J. Cohen
Associate

Mr. Cohen joined HMC in 2012 as an Associate within the Asset Management group to perform analysis on existing investments, dispositions and refinancings for the company’s U.S. real estate funds. Prior to joining HMC, he worked for Grandbridge Real Estate Capital as a Commercial Real Estate Analyst and was involved in placing debt on various commercial real estate property types. Mr. Cohen holds a Bachelor of Business Administration degree in Finance and a Master of Business Administration in Real Estate and Finance from the University of Alabama.
S. Trent Thomas
Senior Analyst

Mr. Thomas joined HMC in 2012 as a Senior Analyst performing financial, acquisition and disposition, underwriting, and market analysis. Prior to joining HMC, he served as a Treasury Analyst at Temple-Inland Inc. focusing on all areas of corporate finance. Trent has been involved in the restructuring of a Fortune 500 corporation, including the management of $2.35 billion of investments, $1.8 billion of liabilities, and $850 million of committed credit. He holds a Bachelor of Business Administration degree in Finance from the McCombs School of Business at the University of Texas at Austin.
James W. H. Brigham
Analyst

Mr. Brigham joined HMC in 2010 to assist in the areas of financial analysis and market research. He holds a Bachelor of Arts degree in Public Policy from Duke University and a Master of Management Studies degree from the Fuqua School of Business.
Joseph A. Azar
Analyst

Mr. Azar joined HMC in 2012 to assist in the areas of financial analysis and market research. Prior to joining HMC, he served as a Project Engineer for international contractor Caddell Construction. To date, Mr. Azar has been involved in the management of more than $400 million worth of real estate development and construction. He holds a Bachelor of Science degree in Management from the University of Alabama.
Investment Criteria
Our investment process centers on “value enhancement” strategies. We target real estate investments that we believe possess cash flow potential and may benefit from the implementation of a rigorous, value-added asset management plan. This plan may involve capital improvements, expense reduction, proactive leasing, capital restructuring or asset repositioning.
We seek to invest in quality, mid-size ($20 million to $80 million), Class A and B office, multifamily, retail and industrial properties.
Our geographic focus is primary and secondary markets in the Mid-Atlantic, Southeast and Southwest regions of the United States, which possess diversified economies, meaningful population growth and strong employment growth.
Portfolio
Harbert United States Real Estate Fund V, LP
989 MARKET STREET
989 Market Street is a 111,497 SF class-A creative office property located in the South of Market (“SOMA”) submarket in San Francisco, California at the epicenter of one of the strongest office markets in the U.S.
ROCKLEDGE FAIRWAYS APARTMENTS
Rockledge Fairways Apartments is a class-B+ multifamily community located in the Southeast submarket of Phoenix, Arizona.
WATERMARK AT EAST COBB
Watermark at East Cobb is a 510-unit class-B multifamily community located in the East Cobb suburb of Atlanta, Georgia.
Harbert United States Real Estate Fund IV, LP
PROJECT SKYLINE
Project Skyline is approximately 1 MM SF of class-A office portfolio consisting of five buildings in the CBD of Cincinnati, Ohio and Nashville, Tennessee.
1800 BERING
1800 Bering is a 177,800 SF class-B office property located in the San Felipe / Voss submarket of Houston, Texas.
LA TERRAZA CORPORATE PLAZA
LaTerraza Corporate Plaza is a 78,367 SF class-A office property located in the San Diego suburb of Escondido, California.
690 EAST ARQUES AVENUE
690 East Arques Avenue is a 65,055 SF class-A R&D / Office property located in Silicon Valley’s class-A submarket of Sunnyvale, California.
645 ALMANOR AVENUE
645 Almanor Avenue is a 130,000 SF R&D/flex property in Silicon Valley’s class-A submarket of Sunnyvale, California.
LOCKHILL SELMA
Lockhill Selma is a 116,545 SF class-A suburban office property in the Northwest submarket of San Antonio, Texas.
5757 WOODWAY
5757 Woodway is a 162,188 SF class-B suburban office property located in the San Felipe / Voss submarket of Houston, Texas.
9990 RICHMOND
9990 Richmond is a 186,964 SF class-B suburban office property located in the Westchase submarket of Houston, Texas.
SANTA ROSA APARTMENTS
Santa Rosa Apartments is a 112-unit class-A multifamily community located in the Ahwatukee submarket of Phoenix, Arizona.
SAN VENTURA APARTMENTS
San Ventura Apartments is a 272-unit class-A multifamily community located the Chandler submarket in Phoenix, Arizona.
SIENNA AT VISTA LAKES APARTMENTS
Sienna at Vista Lakes Apartments is a 640-unit class-B multifamily community located in Fort Myers, Florida.
WEST CREEK RANCH APARTMENTS
West Creek Ranch Apartments is a 240-unit class-B multifamily community located in Dallas, Texas.
POINTE AT SOUTH MOUNTAIN APARTMENTS
Pointe at South Mountain Apartments is a 364-unit class-B multifamily community located in the Ahwatukee submarket of Phoenix, Arizona.
GREENWOOD POINT APARTMENTS
Greenwood Point Apartments is a 312-unit class-B multifamily community located in the Arapahoe County submarket of Denver, Colorado.
ALTA SPRINGS APARTMENTS
Alta Springs Apartments is a 359-unit class-B suburban multifamily community located in Denver, Colorado.
PEACHTREE APARTMENTS
Peachtree Apartments is a 230-unit class-B multifamily community located in the Denver County submarket of Denver, Colorado.
PARK 83 APARTMENTS
Park 83 Apartments is a 664-unit class-B multifamily community located in the Roswell submarket of Atlanta, Georgia.
SCOTTSDALE GATEWAY APARTMENTS
Scottsdale Gateway Apartments is a 611-unit class-B multifamily community located near the Scottsdale submarket of Phoenix, Arizona.
WOODSTREAM VILLAGE AND DAYTON CROSSING APARTMENTS
Woodstream Village and Dayton Crossing Apartments is a two-property multifamily portfolio comprised of the 320-unit class-B community Woodstream Village and the 324-unit class-B community of Dayton Crossing. The properties are located in the class-A Denver County submarket of Denver, Colorado.
OXBRIDGE SQUARE
Oxbridge Square is a 127,369 SF class-B retail center located in the Southwest submarket of Richmond, Virginia.
WPC SELF-STORAGE VENTURE
WPC Self-Storage Venture is a joint venture with W.P. Carey to acquire self-storage facilities throughout the United States. The original portfolio comprised of 13 assets; five new facilities in Chicago were added in 2010. Additionally, assets in Bentonville, Arkansas and Tallahassee, Florida, were acquired, bringing the total portfolio size to 20 properties.
Harbert Real Estate Fund III, LLC
WEST LOOP OFFICE PORTFOLIO
West Loop Office Portfolio is comprised of two class-A and class-B office properties located in Houston, Texas; 221,913 SF 1001 West Loop Plaza and 281,590 SF One West Loop Plaza.
ONE BANK AMERICA PLAZA
One Bank America Plaza is a 366,842 SF class-A office property located in the CBD of Raleigh, North Carolina.
QUORUM OFFICE PORTFOLIO
Quorum is a 455,889 SF class-B suburban office property located in North Dallas, Texas.
THREE NORTHBOROUGH
Three Northborough is a 157,304 SF class-B office property located in North Houston, Texas.
SUNTRUST OFFICE PORTFOLIO
SunTrust Office Portfolio is 1,140,000 SF comprised of 25 properties located in Alabama, Florida, Georgia, Maryland, North Carolina, Tennessee and Virginia.
INTERSTATE BUSINESS PARK
Interstate Business Park is a 118,031 SF class-B office / flex property located in East Tampa, Florida.
CHALK ROCK CANYON APARTMENTS
Chalk Rock Canyon Apartments is a 264-unit luxury class-A multifamily community development located in Austin, Texas.
DRY CREEK RANCH APARTMENTS
Dry Creek Ranch Apartments is a 288-unit luxury class-A multifamily community located in Fort Worth, Texas.
BELLATERRA AT DEERBROOK APARTMENTS
BellaTerra at Deerbrook Apartments is a 360-unit class-A multifamily community located in Northeast Houston, Texas.
CIGAR FACTORY
Cigar Factory is a 78 residential unit, 6 office unit and 37,077 SF retail mixed-use historical redevelopment property located in Charleston, South Carolina.
GWINNETT CORPORATE CENTER
Gwinnett Corporate Center is a 1,181,022 SF class-B light industrial / flex property located in Atlanta, Georgia.
EAST POINTE BUSINESS CENTER
East Pointe Business Center is a 287,482 SF class-B light industrial / flex property located in Memphis, Tennessee.
ELLINGTON TRADE CENTER
Ellington Trade Center is a 503,140 SF class-A ground-up industrial development located in Houston, Texas.
NORTHPOINTE BUSINESS PARK
Northpointe Busines Park is a 448,550 SF class-A ground-up industrial development located in Austin, Texas.
SHADOW ANCHOR RETAIL PORTFOLIO
Shadow Anchor Retail Portfolio is a 59,992 SF shadow-anchor retail venture comprised of four ground-up developments in the Southeast and Midwest United States.
CHACE LAKE RETAIL CENTER
Chace Lake Retail Center is a 13,400 SF strip retail center property in the Riverchase neighborhood of Birmingham, Alabama
Harbert Real Estate Fund II, LLC
WATERMARK AT WESTSHORE
Watermark at Westshore is a 390,000 square-foot suburban office located in Tampa, Florida.
VILLAS AT MEADOW LAKES
Villas at Meadow Lakes is a 189 unit multifamily apartment located in Ft. Lauderdale, Florida.
VILLAS AT LAKEVIEW
Villas at Lakeview is a 176 unit multifamily apartment located in Ft. Lauderdale, Florida.
INDIAN HOLLOW
Indian Hollow is a 336 unit multifamily apartment located in San Antonio, Texas.
MERIDIAN CRESCENT
Meridian Crescent is a 29 unit condominium development located in Washington, D.C.
WEST TOWN COLONY
West Town Colony is a 316 unit class B multi-family located in Orlando, Florida.
MORGAN FALLS OFFICE PARK
Morgan Falls Office Park is a 257,000 square-foot class B office park located in Atlanta, Georgia.
INTERSTATE NORTHWEST BUSINESS PARK
Interstate Northwest Business Park is a 286,000 square-foot class B office/flex located in Atlanta, Georgia.
VISTA CENTRE SHOPPES
Vista Centre Shoppes is a 94,400 square-foot class B specialty retail center located in Orlando, Florida.
WEST VOLUSIA SHOPPING CENTER
West Volusia Shopping Center is a 268,000 square-foot class B sub-regional shopping center located in Deland, Florida.
Harbinger Real Estate Partners I, LP
YORKTOWN 50
Yorktown 50 is a 95,656 square-foot class B medical office located in Fairfax, Virginia.
PENDERMILL I OFFICE BUILDING
Pendermill I is a 67,000 square-foot class B suburban office located in Fairfax, Virginia.
9130 JOLLYVILLE ROAD
9130 Jollyville Road is a 61,949 square-foot class B+ office located in Austin, Texas.
CENTRE II OFFICE BUILDING
Centre II is a 54,248 square-foot class B suburban office located in Austin, Texas.
NORTHLAKE CENTER
Northlake Center is a 174,747 square-foot class A office located in Atlanta, Georgia.
GOLDEN TRIANGLE OFFICE PARK
Golden Triangle Office Park is a 238,677 square-foot class A office in Greenbelt, Maryland.
CLUB TOWER APARTMENTS
Club Tower Apartments is a 434 unit class A high-rise multi-family located in Atlanta, Georgia.
WILLIAMSBURG SENIOR LIVING COMPLEX
Williamsburg Senior Living Complex is a 416 unit class B multi-family located in Atlanta, Georgia.
GEORGIAN HILLS APARTMENT COMPLEX
Georgian Hills Apartment Complex is a 250 unit class B multi-family located in Atlanta, Georgia.
MEADOWGLEN VILLAGE APARTMENT COMMUNITY
Meadowglen Village Apartment Community is a 646 unit multi-family located in Atlanta, Georgia.
77 CORPORATE PARK
77 Corporate Park is a 328,748 square-foot light industrial complex located in Charlotte, North Carolina.
AVALON RIDGE
Avalon Ridge is a 118,800 square-foot office/flex in Atlanta, Georgia.
News
- June 18, 2013 - US Real Estate Today – A Value Add Perspective
- May 31, 2013 - IP Real Estate: Stepping Out of the Gateway – Harbert US Real Estate
- February 13, 2013 - Harbert United States Real Estate Fund V Closes on East Lake Apartments
- January 31, 2013 - HMC Ranked as one of the Most Consistent Performing Real Estate Investment Managers
- November 19, 2012 - HUSREF IV Closes on 9990 Richmond
- July 24, 2012 - Harbert United States Real Estate Fund IV Closes on 4350 Lockhill Selma
- July 12, 2012 - Harbert Management Corporation Opens Real Estate Office in Dallas, Texas
- September 12, 2011 - Harbert United States Real Estate Fund IV Completes Final Close
- July 26, 2011 - Harbert & Trumark Commercial Close on R&D Property in Sunnyvale, California
- May 19, 2011 - Harbert & Greystar Close on Multifamily Property in McKinney, Texas
- May 19, 2011 - Harbert & Smith/Halleman Venture Closes on Major Office Properties
- May 19, 2011 - Harbert & Colrich Close on Multifamily Phoenix, Arizona
Contact
HARBERT UNITED STATES REAL ESTATE
BIRMINGHAM OFFICE
2100 Third Avenue North, Suite 600
Birmingham, Alabama 35203
Contact:
Michael White
Vice President & Senior Managing Director
mwhite@harbert.net
205-987-5738
SAN FRANCISCO OFFICE
575 Market Street, Suite 2925
San Francisco, California 94105
Contact:
Jon-Paul Momsen
Senior Managing Director
jpmomsen@harbert.net
415-442-8380
DALLAS OFFICE
100 Crescent Court
Dallas, Texas
Contact:
Travis Pritchett
Managing Director
tpritchett@harbert.net
214-756-6590

