Atlas Underwriting
Atlas Underwriting

Portfolio Risk

Concentration, verdict mix & model calibration across the owned book

Assets under mgmt
$702M
8 owned assets
Avg going-in cap
5.5%
basis-weighted
Avg LP IRR
18.2%
equity-weighted, levered
BUY hit rate
88%
41 realized tracked

Concentration heatmap

Basis exposure · asset class × market · % of AUM per cell

Class \ MarketAustin
TX
Tampa
FL
Charlotte
NC
Boise
ID
Denver
CO
Nashville
TN
Phoenix
AZ
Columbus
OH
Multifamily
19%$131.8M
11%$73.8M
Office
17%$122.6M
11%$74.8M
Retail
19%$131.1M
Self-Storage
13%$89.6M
Industrial
6%$42.3M
5%$36M
Pipeline verdict mix
8 active deals through the desk
BUY675%
CONDITIONAL225%
FAIL00%
Model calibration
Underwritten vs. realized
BUY hit rate
88%
hit / beat UW IRR
Cap error
18bps
mean abs vs realized
Verdicts issued
42
trailing book
Override rate
7%
senior partner

Concentration alerts

0 breach · 3 watch · run "Flag concentration risk" to prioritize

Founders Parkway MultifamilySingle assetWatch19%
limit 20%

$131.8M exposure · 1pts of headroom. Syndicate down Founders Parkway Multifamily: sell ~$-1.6M of equity to an LP co-invest to clear the single-asset cap.

Harbor Point RetailSingle assetWatch19%
limit 20%

$131.1M exposure · 1pts of headroom. Syndicate down Harbor Point Retail: sell ~$-1.7M of equity to an LP co-invest to clear the single-asset cap.

Beacon Hill Office TowerSingle assetWatch17%
limit 20%

$122.6M exposure · 3pts of headroom. Syndicate down Beacon Hill Office Tower: sell ~$-3.1M of equity to an LP co-invest to clear the single-asset cap.

Exposure by asset class
Multifamily
29%
Office
28%
Retail
19%
Self-Storage
13%
Industrial
11%