Portfolio

Below is a sampling of our transactions with Multi-Family, Net Leased, and Other properties. Photographs are for illustrative purposes only and may or may not represent actual past or present deal offerings.

Multi Family Properties

Indian Springs – Louisville, KY

  • Sold for investors in 6 years for a profit
  • 212 unit Class A apartment complex
  • 2001 construction

Enclave at Rivergate – Charlotte, NC

  • 216 unit Class A apartment complex
  • 2009 construction
  • Charlotte location – 2nd largest financial center in the U.S.

Hickory
Nashville, TN Apartments

  • Located in suburban Nashville, 16 miles from downtown
  • 360-unit, Class A, property
  • Constructed in 1997
  • Nasville’s MSA is in the top 10 nationally for population growth

Mira Bella Apts.
Houston, TX Apartments

  • Two Class B Properties
  • 3 miles from a new Exxon 3 million square foot, 10,000 employee, office campus
  • $1.7 million was spent by previous owner upgrading units.  Management’s business plan calls for upgrading additional units to drive rents and values higher.

Perry Place Apts.
Richmond, VA Apartments

  • A former warehouse converted to apartments in a “newly revitalized” part of town.
  • Located across the James river from downtown Richmond – a leisurely bike ride or a 20 minute walk from the Central Business District.
  • A great opportunity to purchase urban multifamily units for a comparatively low price

Estates at Crossroads
Suburban Atlanta, GA Apartments

  • Metropolitan Atlanta’s population is approximately 5.6 million and is growing rapidly. 
  • This property is located in a desirable submarket that, at the time of purchase, boasted a multifamily vacancy rate that was lower than the Atlanta metropolitan average.
  • Gwinnet County, this property’s home, led the Atlanta Mero area in job creation in 2013 and 2014

Galleria Del Rio
Tucson, AZ Apartments

  • Newly constructed property
  • This apartment complex was built as condominiums:  This could be attractive to future potential buyers as a source of additional profit
  • This community boasts good access and visibility along a major arterial road

Canopy Apartments
San Antonio, TX Apartments

  • A 220-unit, Class B, property situated near the San Antonio International Airport and many large employment and retail areas
  • Purchased at a low (below $100,000) per-unit cost and located in a fast-growing metropolitan area
  • Management’s business plan will attempt to drive rents and value higher through renovations

Crossroads Apartments
Phoenix, AZ Apartments

  • A 316-unit, Class B, community located less than two miles from large employers such as Discover Financial Service, Honeywell, American Express, Cox Communications, PetSmart and Safeway – who all have between 1,300 and 5,100 employees at their locations
  • Featuring a loan with a 3.44% fixed annual rate
  • The seller of this property recently finished significant renovations to the exterior areas of the property.  Management plans to renovate the property’s interiors to drive rent and value growth

1000 West
Charleston, SC Apartments

  • A 240-unit, Class A, property boasting 15 acres of grounds and a resort-style saltwater swimming pool
  • Located 10 miles east of downtown with easy access to surrounding areas through the adjacent Savannah Highway.  (Hwy 17)
  • Prior to investors’ purchase, Mercedez Benz began a $500 million expansion of their manufacturing facility in the MSA (Metropolitan Statistical Area)

Two Blocks
Suburban Atlanta, GA Apartments

  • A 400-unit, Class A, property located in the suburb of Dunwoody and ¼ mile from the I-285 perimeter highway
  • 3 miles from Perimeter Center – 29 million square feet of office space, 3 major hospitals and 123,000 jobs
  • State Farm Insurance is building their new Park Center; an 8,000-employee complex, 2 miles away
  • Mercedes Benz’s new North American Headquarters is 5 miles away

Marisol at Viera
Viera, FL Apartments

  • 282 Class A Units located in the Melbourne MSA near Cape Canaveral
  • Area boasts a diverse employment base and a population of over 550,000
  • Property was newly-constructed when purchased by investors, and was already 97.1% leased

Crystal Lake
Pensacola, FL Apartments

  • 224 Class B Units priced close to $105,000 per unit
  • Located 4 miles from the Naval Air Station Pensacola – with 6,400 enlisted personnel, family and support staff
  • Seller completed a partial renovation of the property prior to purchase
  • Management seeks to drive value and rents higher by completing renovation of remaining units

N. Austin Apts
Austin, TX Apartments

  • Three Class B apartment complexes less than a mile apart and totaling 422 units
  • A majority of units have been recently remodeled.  Finishing work on remaining units represent and opportunity to add value and raise rents
  • The properties are 10 miles north of downtown

Fairway View
Suburban Atlanta, GA Apartments

  • 243 Class B units located in Lawrenceville; 25 miles from downtown
  • 3 miles from the Sugarloaf Parkway Office district and over 50,000 jobs
  • Population of 228,000 within 5 miles was up 11% in the preceding 7 years

Mariner Grove
Savannah, GA Apartments

  • 320 newly-constructed, Class A, units located 2 miles from Savannah’s downdown
  • The Savannah, GA MSA’s population has grown 30% since 2000
  • A $500 million mixed-use development project with retail, office, hotels and restaurants is scheduled to break ground nearby in 2018

The Element
Sacramento, CA Apartments

  • A 288-unit Student Housing property located across the freeway from Sacramento State University – a 30,000 student college
  • The property was built in 2003 and significantly renovated in 2016
  • 100% occupancy for the current school year at the time of purchase

Plaza Gardens
Overland Park, KS Apartments

  • A 200-unit, Class A, property located 15 miles southwest of Kansas City and purchased at an attractive price/unit
  • The units in this townhome-style development feature full basements and attached garages

Brier Creek
Raleigh, NC Apartments

  • 270 unit, Class A property
  • 2004 Construction
  • Business plan calls for modest renovations to stimulate growth of potential rents and property value
  • Located 10 miles from Raleigh’s Research Triangle – home to over 170 companies: and 38,000 full-time jobs.

Ashford Club Apts
Tallahassee, FL Apartments

  • A 102-unit property that was 100% occupied at the time of purchase (An indication that rents may be too low: and can be raised a bit for more income and value)
  • The property is located in the Betton Hills area, which is dominated by single family homes and retail development: These represent significant barriers to entry for potential competition
  • The property is about 32 miles inland from the Gulf of Mexico – an important consideration when hurricanes are a possibility

Net Leased Properties

24 Hour Fitness | Beaverton, OR

  • Sold for investors in 3 years for a profit.
  • 15 year, NNN lease to a credit tenant with built-in rent increases.
  • Located 2 miles from the worldwide headquarters of Nike.

Zero Coupon Pharmacy Portfolio

  • A portfolio of 7 Walgreens properties
  • Special situation offering with high 84.2% leverage – for investors needing high leverage for their exchange.
  • All income will go to loan payments – until the property is paid off in 19 years.
  • Extra long-term leases – to 2080-2082.

Net Leased Portfolios

We have participated in dozens of Net Leased Portfolios that offer:

  • Up to 20 properties in one offering – diversified by geographic location, and among several tenants.
  • Long-term, Net Leases to credit tenants
  • Competitive Cash Flow Potential

Net Leased Walgreens Portfolios

  • Participated in offerings by a large investment-banking firm.
  • The 15 year Walgreens leases offered annual rent increases – very rare from Walgreens.
  • Competitive cash flow potential due to rent increases and low purchase price paid by large firm.

Zero Coupon Pharmacy Portfolio

  • Another offering for special-situation exchanges
  • A portfolio of 5 Walgreens Properties
  • Featuring lease terms that were originally 75 years – to 2083-2086
  • All properties were built-to-suit Walgreens between 2008-2011

Corporate Global Headquarters – Durham, NC

  • Global office headquarters and a research and development facility
  • 100% leased to a 90-year old, S & P Rated, chemical company.
  • Located in a 456-acre business park
  • Net lease with 3% annual rent increases.

Medical Office – Long Island, NY

  • 15 year Absolute NNN lease expiring in 2029.  (Tenant pays absolutely all expenses.)
  • 3% annual rent increases
  • Home to one office of the largest private orthopedic practice in NY state.
  • Constructed in 1971, extensively renovated in 2009.

Pharmacy Leaseback II
Pharmacy Sale Leaseback Portfolio

  • 71% leveraged for 1031 Exchange Investors with high leverage needs.
  • With his high leverage, the property still pays cash flow to investors.
  • 8 Properties in Arkansas, Michigan, Missouri and Tennessee
  • Constructed between 2008 and 2010

Komar Desert Center
Desert Retail Center

  • A 77,400 square foot retail center in Palm Springs that is shadow-anchored by a Costco.
  • Shadow-anchored means that the tenant’s space is not owned by investors, but that store draws customers into the center and therefore can drive rents and values.
  • Tenants include Mimi’s Café, Souplantation and BevMo!
  • Constructed in 2008; 92% occupied at time of investment

Industrial Portfolio
Florida Industrial Properties

  • Three properties leased to the largest roofing contractor in the state of Florida
  • With plentiful rain and occasional hurricanes; Florida is a great place to be in the roofing business
  • This transaction is a sale-leaseback:  The owner/occupier sold the property to the investment group and immediately signed a long-term lease

Columbus, Ohio Fitness

  • A fitness center property built specifically for, and leased long-term to, LA Fitness
  • Tenant has over 630 locations and annual revenue of $1.7 Billion
  • 41,500 residents live within 3 miles of this gym, and boast an average annual household income of $152,000

Keller, TX (Dallas-Fort Worth Suburb) Fitness Center

  • Located 17 miles north of Fort Worth in this fast-growing metropolitan area
  • Lease contains two 10% rent increases – 5 years apart
  • This is a “Super Sport” location with a lap-swimming pool and a full-size indoor basketball court

Other Properties

San Francisco, CA Hotel

  • This 195-room boutique hotel was located on Market Street in the midst of downtown San Francisco
  • This property was sold in 5 years and realized a substantial profit for investors