This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As a result of our continued focus on balance sheet efficiency and reducing our capitalinvestment, we once again continued to migrate toward our goal of becoming land-light. And I think about that, while it's not perfect, I think about that sort of compared to the returns that you're getting from a bond investment, for example.
Whether it's going to be sales acceleration or it's going to be better margins or less investment than people expect in the future, less fixed capitalinvestment and determine when that might hit the books and that's the edge. Not really hyper-focusing on a feestructure. Is there a value driver here?
We believe that the opportunity existed to lead or co-lead the vast majority of our private loan investments, whereby we were able to directly manage the due diligence, the loan documentation, and the post-investment process. Bryce Rowe -- Analyst Got it. That's all for me. Appreciate the time.
The remaining portion of the investment, which relates to maintaining our existing revenues such as roof replacement, will be categorized as typical as recurring capex. Our capitalinvestments have continued to deliver strong returns. Now moving to Slide 10. And we recently announced the Silicon Valley 12 transaction.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content