INVESTMENT & DEVELOPMENT CRITERIA
Residential
Specializing in apartment buildings, older buildings needing $10K per unit rehab, conversions of underutilized commercial properties to residential use (candidates for tax-credits deals).
- Market, subsidized, or tax-credit apartment communities
- Deal Size-preferably 100 units but will consider smaller
- Buildings suited for conversion to residential, ie older mill buildings
- Land for new single-family or condominium developments
- Existing apartment communities within our market area
Retail
Specializing in any-size existing shopping centers or new retail development sites with opportunities for value creation.
- Land for development with excellent location
- Single or multi-tenant properties (ie. bank buildings, ground leases, etc.)
- Deal Size- $500k- $20,000,000
- Neighborhood retail properties with good location and tenant history
- Shopping centers with upside potential, ie vacancy, below market rents, ground leases with near term expirations
|