The purpose of McCaffery Interests is to add value through the opportunistic acquisition and subsequent development or redevelopment of land or buildings in high quality urban locations. McCaffery Interests targets such opportunities in what are typically identified as 24-hour cities. Upon acquisition, the company will focus on identifying a creative solution for the re-use of the property that addresses the fundamental real estate attributes of the asset. Typical targeted properties include locational characteristics including high pedestrian traffic; within or adjacent to vibrant shopping districts; proven residential and/or office appeal; access to public transportation; and proximity to cultural or sporting activities.