Property Types and Submittals

 

In addition to development land, the Company also seeks to acquire existing commercial assets. Asset classes of interest are:

  • Retail: (strip shopping centers, neighborhood shopping centers, triple net single-tenant)
  • Office: (multi-tenant Class A office, single tenant sale-leaseback, medical)
  • Industrial: (flex and distribution)
  • Multi-family: (apartments, including certain Senior Living properties)

Properties submitted for consideration will be subject to certain review standards, which are intended to facilitate the analysis process, and expedite the investment decision. All submittals must contain at least the following minimum information:

  • Validation of authority to represent the Property ownership
  • Physical Description of the Property           
  • Market Area Information 
  • Location Map which identifies other similar properties and competitors
  • Site Plan/Survey which details all easements, encumbrances, and utility connections
  • Property Management Reports with detailed operating expense breakdown
  • Copies of all Leases
  • Detailed Rent Roll 
  • Details describing any existing Financing 
  • Operating Statements for past 3 years
  • Floor Plans with description of Mechanical and Electrical systems
  • Color Photographs of the Property (inside and outside)
  • Aerial Photographs which identify the Property, and its proximity to area hospitals, transportation, etc
  • Financial Statements of any Lease dependent Tenants