Call 305.796.0935 or
Email: [email protected]
Email: [email protected]
Buyer Group 1
Office:
50,000+ SF within South Florida
150,000+ SF outside of South Florida
Will look nationwide but target markets include South Florida, Atlanta, Dallas, Austin, Denver, Nashville, Boston, NYC, etc
10M+ purchase price (do have groups that can take more than $1B)
Multi-tenant, value add preferably (will look at single tenant)
Class A or B office (NJ can have some Class C)
Cap rate depends on area but typically 6% and up
Will need rent roll and income statement for each property
Hotels:
75+ Rooms
10M+ Purchase Price
Anywhere in country
Preferably built in 2004 or newer (will look at older buildings)
6% cap rate if no PIP needed
7.5% cap rate if PIP needed (location specific)
no Union hotels
Flag hotels preferably (not required)
Will need T12 Statement and STR Report for each property
Also will need ability to see PIP if asked
Multifamily:
200+ Units
Florida
Class B and C
Multifamily:
Tampa, Orlando, Jacksonville, Naples/Ft Myers
East coast, coastal cities
Dallas, TX MSA
Value add
Built post-1990
$20-200 Million
Multifamily:
200-350 Units
1985 or newer
$20 MM - $50 MM
Location: Atlanta, Charlotte, Raleigh-Durham, Orlando, Tampa, Jacksonville, South Florida, Houston.
Industrial – Small Bay
Multitenant
Nationwide - ideally in proximately to a major airport or sea port or in major metropolitan area
Up to $100M
Should have less than 30% office in the product mix
Retail
Multi-tenant
Florida, Georgia and Tennessee
$2M to $30M but can go higher for the right deal
Some level of value add whether though high expenses, poor management, low rents, high vacancy, etc.
Office:
50,000+ SF within South Florida
150,000+ SF outside of South Florida
Will look nationwide but target markets include South Florida, Atlanta, Dallas, Austin, Denver, Nashville, Boston, NYC, etc
10M+ purchase price (do have groups that can take more than $1B)
Multi-tenant, value add preferably (will look at single tenant)
Class A or B office (NJ can have some Class C)
Cap rate depends on area but typically 6% and up
Will need rent roll and income statement for each property
Hotels:
75+ Rooms
10M+ Purchase Price
Anywhere in country
Preferably built in 2004 or newer (will look at older buildings)
6% cap rate if no PIP needed
7.5% cap rate if PIP needed (location specific)
no Union hotels
Flag hotels preferably (not required)
Will need T12 Statement and STR Report for each property
Also will need ability to see PIP if asked
Multifamily:
200+ Units
Florida
Class B and C
Multifamily:
Tampa, Orlando, Jacksonville, Naples/Ft Myers
East coast, coastal cities
Dallas, TX MSA
Value add
Built post-1990
$20-200 Million
Multifamily:
200-350 Units
1985 or newer
$20 MM - $50 MM
Location: Atlanta, Charlotte, Raleigh-Durham, Orlando, Tampa, Jacksonville, South Florida, Houston.
Industrial – Small Bay
Multitenant
Nationwide - ideally in proximately to a major airport or sea port or in major metropolitan area
Up to $100M
Should have less than 30% office in the product mix
Retail
Multi-tenant
Florida, Georgia and Tennessee
$2M to $30M but can go higher for the right deal
Some level of value add whether though high expenses, poor management, low rents, high vacancy, etc.
Buyer Group 2
• Strip Malls: $20 to $100 million range. Cap rate in the 8’s to 9's with known anchors like Publix’s, Krogers and multi nationally recognized tenants....CVS, Walgreens nearby. Looking for value-add and core plus. Open to area, as long as a dense population and stable economics areas in Ohio, Indiana, Texas and South East. Preference is in Florida; Tampa Bay, St Petersburg, Boca Raton, West Palm Beach, etc. Willing to bundle lower range properties from one seller into one deal.
• Multi-tenant industrial, flex and business parks: Sweet spot $5 to $30 million can go to $100 million. Cap rate in the 8's for flex space (cap rate in the 7’s for strictly Industrial). 25% office space / 75% industrial-warehouse. 1980's or newer, concrete tilt-up or masonry construction (no metal), 100,000 sq. ft. or more, multi-tenant. Seeking Midwest, South East, North East (not interested in the West Coast, California, will look at as far west as Vegas) Willing to bundle lower range properties from one seller into one deal.
• Flex space- industrial/office: $10 to $30 million range. Cap rate in the 8's. 30% industrial- warehouse/70% office space. Also multi story office Buildings. Florida / Tampa Bay area. CBD type areas. It must be multi-tenanted but can be value-add, core plus, or even some core for the right asset.
• Large multi-tenant apartment complexes: $10 million to $200 million range. 1970’s to early 2000,s garden style. Secondary & tertiary markets. Cap rate in the 7's or higher. 50% off current replacement cost. Prefers multi development deals, must be off market. Agency deals Fannie Mae/ Freddie Mac guidelines. Light value added (cosmetic fix up to increase rents, stabilized developments). Areas South, South East, Texas, OK, ARK, MS, GA, NC, SC up to panhandle, would love Florida may not be as reasonable enough.
• Multi-family: 10-100 million range, with a specific focus on student housing at schools with 10,000+ full time enrollments.
• Nationwide GSA portfolios in the $20 to $200 million range. In the 9's or higher cap rate.
• Strip Malls: $20 to $100 million range. Cap rate in the 8’s to 9's with known anchors like Publix’s, Krogers and multi nationally recognized tenants....CVS, Walgreens nearby. Looking for value-add and core plus. Open to area, as long as a dense population and stable economics areas in Ohio, Indiana, Texas and South East. Preference is in Florida; Tampa Bay, St Petersburg, Boca Raton, West Palm Beach, etc. Willing to bundle lower range properties from one seller into one deal.
• Multi-tenant industrial, flex and business parks: Sweet spot $5 to $30 million can go to $100 million. Cap rate in the 8's for flex space (cap rate in the 7’s for strictly Industrial). 25% office space / 75% industrial-warehouse. 1980's or newer, concrete tilt-up or masonry construction (no metal), 100,000 sq. ft. or more, multi-tenant. Seeking Midwest, South East, North East (not interested in the West Coast, California, will look at as far west as Vegas) Willing to bundle lower range properties from one seller into one deal.
• Flex space- industrial/office: $10 to $30 million range. Cap rate in the 8's. 30% industrial- warehouse/70% office space. Also multi story office Buildings. Florida / Tampa Bay area. CBD type areas. It must be multi-tenanted but can be value-add, core plus, or even some core for the right asset.
• Large multi-tenant apartment complexes: $10 million to $200 million range. 1970’s to early 2000,s garden style. Secondary & tertiary markets. Cap rate in the 7's or higher. 50% off current replacement cost. Prefers multi development deals, must be off market. Agency deals Fannie Mae/ Freddie Mac guidelines. Light value added (cosmetic fix up to increase rents, stabilized developments). Areas South, South East, Texas, OK, ARK, MS, GA, NC, SC up to panhandle, would love Florida may not be as reasonable enough.
• Multi-family: 10-100 million range, with a specific focus on student housing at schools with 10,000+ full time enrollments.
• Nationwide GSA portfolios in the $20 to $200 million range. In the 9's or higher cap rate.
Call 305.796.0935 or
Email: [email protected]
Email: [email protected]
