Fenix Opportunity is well positioned to take advantage of the current economic challenges facing the United States real estate market and to acquire properties at significantly discounted prices. Further, new supply of properties entering the market is expected to remain at historically low levels due to limited availability of financing and the erosion of consumer confidence resulting from the economic downturn. Once consumer confidence and long-term growth return, the Fenix Opportunity expects that emerging inflationary forces will make any new supply of properties significantly more expensive.
In evaluating any potential investment opportunity, the primary consideration is the optimal exit strategy. Fenix Opportunity is focussed on investing in well-conceived and well-located properties that are expected to appeal to a wide group of subsequent buyers. Refinancing opportunities will also be considered to improve risk-adjusted returns.