1) Zoned and Entitled Multi-Family Land Acquisitions: Sites in Florida,Virginia, North/South Carolina, Georgia, Alabama, and Texas that are currently zoned and entitled for townhouse or multi-family development. These sites are generally a minimum 20 acres with zoning for a minimum 250 units, located on the perimeter of the current development activity within secondary and tertiary markets. This also includes large master-planned, multi-use communities that contain a multi-family component.
2) Retail Pad Site Development Acquisitions: Identifying underutilized commercial land that can be developed and turned into future pad sites. A subsequent closing is conditioned upon principal company obtaining the appropriate plan approvals. These sites should be within strong retail corridors and heavily trafficked locations – ideally hard corners with intersected lights with traffic counts of at least 20,000 – 25,000 vehicles per day. Focus is to acquire these sites and take them through the entitlement and development process in tandem with identified retailers that are in expansion mode in major and secondary MSAs nationwide.
3) In the Greater Philadelphia Area, principals to acquire controlling interest or work in strategic partnership with existing land owners to implement site improvements and work towards securing residential sub-division approvals for future sale to national home builders.
4) Value-Add and development opportunities that are within a few blocks of Tier I and Tier II Public and Private Universities where principals see evidence of significant enrollment growth and under-served housing demands. Minimum requirement is 150 beds per asset.
5) Throughout the Eastern United States, seek value-add and redaptive development of work-force multi-family real estate assets (minimum 250 units) with an emphasis on in-fill locations. As an example, this can include opportunistic acquisition of an office asset that is capable of conversion.
6) 100+ Unit, B/C Class Value-Add Multifamily opportunities, Sunbelt Only (Southern California East to Florida)
Preferred Line of Credit:
Are you a Builder/Developer/Value-Add investor, who seeks acquisition & rehabilitation capital for your real estate needs?
Projects Considered: (Nationwide) Single Family/Multifamily from 500k-20 Million+