ACQUISITION CRITERIA

Markets:

  • Retail commercial condominiums, urban residential properties, urban mixed use properties, and suburban shopping centers
  • Primary & secondary markets in NYC and Florida
    • All cash or cash above existing debt
    • Portfolios and single asset purchases considered as well, including: REO’s, short sales, distressed properties, and note/loan sales

Minimum Property Size: 10,000 Square Feet

Transaction Value: $5,000,000.00 - $100,000,000.00 USD

Preferred Property Characteristics:

  • Acquisition of irreplaceable real estate assets at below replacement cost within infill locations.
  • Submarkets with favorable demographic trends regarding income per capita, population, age, etc.
  • Heavily trafficked at a competitively advantaged location with ample frontage, accessibility, and good visibility.
  • Infill locations with high barriers to entry
  • Favorable tenant occupancy costs
  • Below market rent structure
  • Superior tenant sales, if applicable
  • Heavily trafficked at a competitively advantaged location with excellent frontage, accessibility, and prominent visibility
  • Repositioning opportunities
  • Excess land and/or outparcels for shopping center
  • Grocer anchored for shopping centers