Investment Criteria

Retail:

Location: Nationwide with a focus on New York, Florida, and emerging markets such as:

  • Charlotte, NC

  • Raleigh, NC

  • Charleston, SC

  • Phoenix, AZ

  • Atlanta, GA

  • Fort Myers, FL

  • Nashville, TN

Single-tenant:

  • Must be vacant, have an expiring or MTM lease, or a long-term lease with low coverage ratio and pad site opportunity

  • Pro-forma 10+ cap

  • No SF limit

  • Open to divisions

Multi-tenant:

  • Must have some vacancies, expiring or MTM leases, or a low coverage ratio and pad site opportunity

  • Any lease type

  • Must have parking lot

  • No malls

Multifamily:

Location: E Flatbush, Williamsburg, Greenpoint, Bushwick, Crown Heights

Must be close to subways

Status: Min 70% Free Market or has expiring tax-abatement

Year Built: Preferably CO post 2009

Must have some value-add component 

No development