Acquisition Criteria

Acquisition Criteria

We Will Buy Properties in 10 Days!

We seek value-add opportunities and are able to purchase with significant vacancy. Financing is not a contingency.
We have a proven track record of closing in very short time frames – as little as 10 days.

Topics:

For submission of all opportunities please

Andrew Van Tuyle

Senior Managing Director, Investments
310.820.8888 ext. 134

VALUE ADDED ACQUISITIONS

48 Hour Response Requires Due Diligence Items:

  • Copies of leases and current estoppels
  • Clean environmental (current Phase 1 report)
  • Clean title (and underlying documents) and current survey

Markets

  • Arizona
  • California
  • Colorado
  • Nevada
  • Oregon
  • Texas
  • Utah
  • Washington

Product Types

  • Retail (20,000 sf or greater)
  • Warehouse/Industrial (50,000 sf or greater)
  • Multi -family (100 units or more)
  • Office (25,000 sf or greater)
  • Performing and non -performing notes
  • Ground Lease Fee Positions (Nationwide)

Brokers Protected

Flexible terms to fit seller’s needs

Transaction size:

  • Up to $100 million

GROUND LEASE AND SHORT-TERM NET LEASE ACQUISITION CRITERIA

Investment Types:

  • Industrial, Office, Medical Office, Retail, Hospitality

Acquisition Parameters:

  • Ground Leases
    • Long-term – 50+ years
    • Annual or periodic rent escalations; periodic CPI adjustments
    • NNN structures
    • Existing leases or ability to separate into fee and leasehold positions
  • Short-term Single Tenant Leases
    • 1-7 years remaining
    • Preference for rents and price/sf at or below market/replacement cost
    • NNN or NN lease structures
    • High probability of existing tenant renewal
    • Existing or short-term sale-leasebacks will be considered

Geographic Preference:

  • National with a preference for Western part of the country

Transaction Size (per property):

  • $5,000,000 – $50,000,000, larger transactions will be considered

Closing:

  • All cash or assumption of favorable financing
  • Can close in 10 days on acquisitions up to $20,000,000 and within 30 days for larger transactions