Founded in 2009, Basis Investment Group, an affiliate of JEMB Realty Corporation, is a commercial real estate investment manager, primarily focused on debt and structured equity strategies. Basis originates and acquires diversified commercial real estate debt investments across the capital stack of stabilized, transitional, and developmental assets throughout the United States. Basis is a certified Minority and Woman Owned Business.
BUSAC role: Administrative support
In the early 2000s, JEMB Realty Corporation recognized an opportunity and, through affiliates, expanded into the energy sector, through Astoria Energy. Astoria Energy I went into service in 2006, providing 550 MW of clean, natural gas-fired energy to the New York City power grid. Astoria Energy II went into service in 2011, doubling the facility’s total output. Affiliates of JEMB Realty, as original sponsors and investors, are extremely pleased to have been part of the Astoria Energy projects from their inception, through the construction period, which required a high level of logistical organization, and into the operational phase, providing reliable power to New York City. Affiliates of JEMB Realty maintain a sizeable interest in Astoria Energy I and Astoria Energy II.
Helm Equities is a thriving real estate company established in 2008 as an affiliate of JEMB Realty. Corporate focus is directed on a diverse portfolio of retail and residential assets, investments, and development opportunities in the New York City boroughs as well as in Miami, Florida. Helm Equities has become well-known for working in sync with community boards, ensuring their development succeeds in enhancing the overall neighborhoods they serve. Helm develops and leases first-class locations for many national retailers and is also proud to have successfully developed residential properties. The company is actually developing a luxury apartment complex in New York City set for completion in March 2019.
BUSAC role: Administrative support and asset management assistance
In 2003, through affiliates, JEMB Realty Corporation expanded into the wireless sector, through investments in Xentris Wireless, a leader in the design, manufacture and distribution of high quality, innovative wireless accessories supplying a full line of products to a wide range of customers and leading wireless companies. With more than 23 years experience, Xentris Wireless continues to provide exceptional products, logistics and marketing solutions to the ever-changing wireless industry, with proven success and continued commitment. High performance standards have been set and are consistently reviewed throughout every aspect of the company.