We Buy Income Producing
Commercial Properties Nationwide

"Full Price Offers For Commercial Income Properties"

Class A, B Performing Properties

We Buy Income Producing Commercial Properties

East And West Coast USA Only: From $1M To $25M

What We Purchase?

We are income property investors and purchase ONLY Income producing commercial properties that are at least 85% occupied or higher.

  • Multi-Family Properties
  • Student Housing Properties
  • Senior Housing Properties
  • Assisted Living Properties
  • Single Tenant NNN- Investment Grade

Where We Purchase

We purchase properties Nationwide excluding Alaska and the Southeast coastal areas.

Though the Southeast and West Coast are our preferred markets, our investment formular allows for exceptions for exceptional properties. We do not purchase properties in: New York, Louisiana, Alaska, or Hawaii

Purchasing Process

If we are interested, we begin the process by issuing to the submitting agent a Full Price Letter Of Intent “LOI” within 72 hours or less. We base the value of a property on its current “as is” income. Comparable and appraisals are secondary.  We can typically close in 15-45 days.

About Us

Our Philosophy

We believe there is no substitute for honesty and professional conduct and respect for others in business.

Integrity and honesty are never to be replaced for profits or gains.

No one should lose in honest business transactions.

 

Why Work With Us?

We are professional investors and know the importance of long-term relationships and how to build them.

  • We make full price offers!
  • Streamlined Acquisition Process
  • We can close within 45 Days
  • Short Due Diligence period 
  • Very Efficient

Brokers and Agents

We welcome and work with all third-party agents and representatives.
Because we are not realtors nor are we associated with any realty firms, we can only protect your compensation by include you in our offers. All parties are required to register.

Our Acquisition Guidelines

Please review our guidelines and procedures before submitting any properties to us. Incomplete submissions will not be considered.

Type Of Properties We Desire

Apartments, Senior Housing, Student Housing, and Assisted Living Facilities.

TYPE: Garden Style AND High Rise,
AGE:  Built 2000 Or later. Older properties must have been 100% renovated.
UNITS MIX: 80 TO 550 UNITS 
CLASS: Prefer CLASS A OR B. No Class C properties.
OCCUPANCY: 80% occupied or higher.

Retail Properties: Single Tenant Retail - At least 10 Years Remaining On Lease
Retail Properties: Multi-Tenant Retail: Must have national anchors occupying at least 60% of leasable space. 80% Occupancy Required.
No Strip Centers 

Office Properties (least desired)
TYPE:| Medical Parks| Business Parks|
AGE: 20 Years Old Or Less
CLASS: Class A and B ONLY
OCCUPANCY: 80% Occupancy Required

Hospitality Properties (least desired)
TYPE: National Flags 
AGE: 20 Years Young
CLASS: 5 Star Rating

Types Of Properties We Do Not Purchase

No Raw Land
No Single-Family Homes
No Mobile Homes, 
No Gas Stations, 
No Food Service Properties
No Industrial Properties
No Warehouses except National Brands Operational facilities.

Locations We Invest In

US Locations ONLY.

Prefer SE United States:

  • Texas
  • Arkansas
  • Mississippi
  • Tennessee,
  • Alabama,
  • Georgia
  • Florida
  • North Carolina
  • South Carolina
  • Virginia
  • Pennsylvania
  • New Jersey

Coastal States: Inland properties only.
Excluding Alaska and Hawaii.

 

Property Requirements

Here are our general property investing requirements.

1. All properties must be operational and at least 80%
     occupied.

2. Must Be a Class A or B property.

3. We do not purchase undervalued properties in need of renovations. We are not rehabbers.

Required Documents

Required Documentation

A. 2 Years Income And Expense Statements 

B. Year To Date Income and Expense Statement

C. Current Rent Roll and Occupancy: 80% min.

D. Exterior Photos and Interior Photos If Possible 

E. Current Leases on Retail Properties and Net
   Lease Properties

F. As much historical financial data as possible.

G: Sellers Motivation: Why Is the Property Being
    Sold!

H. How Long has the property been on the market.

Submission Process

A. Register Your Company
B. Submit Your Property

Do Not Submit properties directly. 
You must register first.

Give us 48 hours to respond to your submission.

Our Processing Procedure- What To Expect

Step 1: Document Verification – 24-48 Hours

We verify that all the required documents are present. Next we review the documents.

NOTE: If the requested documents are not present, we will not request the information. The property will be withdrawn from consideration.

If all the documentation are present, we begin our analysis process and determine if it meets our investment requirements.

If it does, the property is forwarded to our underwriters for a closer analysis.

If underwriting approves the property, it is then sent to our acquisition team.

The acquisition team will then prepare and submit and offer on the property to the submitting party. 

Step 2: Issuance Of LOI– 24-48 Hours

The LOI will be issued to the submitting party. It will specify the terms and conditions of the purchase and will contain the framework for the purchase contract. It’s important that the submitting party has access to the Seller or authorized party because:

1.Our initial offers are always a Full Price Offer.
A signature will be required upon acceptance.
2. We require a conference call with all partied to review and to discuss the LOI for clarity purposes.
3. Any objections or modifications must be in writing.
4. Our offers are typically valid from 3-5 days.

NOTE: You must be able to arrange this initial conference call with the Agent and the Seller. If you aren’t able to do this then you shouldn’t submit a property to us.

Step 3: Acceptance Of LOI

If the LOI is rejected, we request that the rejection be in writing on page 5 of our LOI.
Verbal rejections are discouraged. 

Step 4: Execution Of Contract and Earnest

Once all the terms of the LOI have been worked out and agreed to, we will execute a contingent free contract. Earnest monies will be help by our Attorney or a local title company.

We do not deposit earnest monies into Agent’s escrow accounts.

Agent Conflict Avoidance Policy

We have had 3 experiences and conflicts that have arisen when we purchase a property 2 agents submit the same property.

Both situations we withdraw our offer to limit our liability exposure and any litigation.

Our "Agent Conflict Resolution Policy

Once we receive your submission, we will check to see if it has been submitter already.

This search is done by the information you provided during the registration process. We will check your name, your company's and the property address. 

If your property has been previously submitted, we will notify you of that fact and provide you with the name of the submitting party.

If you have an exclusive listing and your property has been previously submitted by someone else, illegally. Simply send us your documentation.

Upon receipt and review of your documentation, we will request the same information from the other party. The party with the valid information will be the party we work with.

In the event that both parties have valid documentation, we will work with the party that submitted the property first!
We will adhere to “FIFO” Rules. 

 

Register Here