Investment Criteria
Strip/Shopping Center:
Location: Nationwide
In-place cap rate: Minimum 9%
Open to expiring leases.
Lease Type: Any
No malls
Vacant, Single-Tenant Retail:
Location: Manhattan, Brooklyn, Queens, Nassau County LI
Pro-forma 10+ cap
No SF limit
Open to divisions
Multifamily:
Location: Brooklyn, Queens, Manhattan (Priority: E Flatbush)
Must be close to subways
In-place cap rate: Minimum 6.5%
Status: Min 70% Free Market
Year Built: Preferably CO post 2009
Both value-add and core properties acceptable
