Investment Criteria
Our commercial real estate investment strategy focuses on acquiring high-quality value add properties that meet the following criteria:
Location
- Prime areas with strong economic fundamentals
- Strong submarket trends with stable/growing population growth
- Markets with stable/growing household income
Property Types
- Multi-family residential (20+ Units)
- Vacant Land
- Industrial warehouses and flex buildings
- Neighborhood Retail unanchored
Financial Parameters
- Purchase price range: $5 million to $50 million
- Target cap rate: 6-8%
- Minimum cash-on-cash return: 8%
- Value-add opportunities with 15%+ IRR potential
Asset Characteristics
- Well-maintained properties built after 1990
- Properties with below market rents
- Capital Improvements needed
- Distressed assets considered
Market Conditions
- Positive absorption and rent growth trends
- Low vacancy rates compared to market average
- Limited new supply in the pipeline
We conduct thorough due diligence on each potential acquisition, analyzing factors such as:
- Historical and projected financial performance
- Physical condition and capital expenditure needs
- Local market dynamics and competition
- Potential for value enhancement through active management
Our disciplined approach to property selection and rigorous underwriting process aim to maximize returns while minimizing risk for our investors