The Herndon Group has its origins in the aftermath of the 2008-2009 recession. Our managers saw opportunity, and recognized a once-in-a-generation moment to acquire real property when prices were depressed well below actual values. From our beginnings as a few apartments and restaurant spaces, we have grown to one of the largest real property funds in its segment. We continue to seek high-quality assets that fit our investment criteria, while maintaining the price discipline that has proven so successful.
The managers of the Herndon Funds come from a variety of backgrounds, with over 50 years of business experience behind them. First and foremost is a long history in commercial real estate, with millions of square feet having been owned and managed prior to arriving at Herndon. But there are also managers who come from marketing and tech backgrounds, who add their experience to make Herndon a fund group built for the digital world of the 21st century.