Investment Type:
- Asset repositioning and value enhancement opportunities
- Redevelopment opportunities
- Select development opportunities
Acquisition Price: $5,000,000 - $25,000,000
Asset Class:
- Office: Suburban low and mid-rise with 15%+ vacancy or under-market rents – Class A, B, or C
- Retail: Anchored or unanchored strip. Class B or C with need for renovation / repositioning
- Multifamily: Well-located Class B or C. Conventional rental or student housing.
- Industrial: Multi-tenant warehouse distribution, not manufacturing. Need at least 3 tenants, with no tenant more than 50%.
- Flex: Multi-tenant with good frontage.
Region:
- Southeastern United State
- 2nd and 3rd tier cities welcomed
Investment Period: Up to five years
Targeted Yields:
- Current Pay – 10%
- Leveraged IRR – 18-24%
Brokers: We acknowledge and appreciate the help of brokers. |