ASSET TYPES
MULTIFAMILY | ||
---|---|---|
INDUSTRIAL | ADAPTIVE REUSE | |
NEIGHBORHOOD RETAIL |
STRATEGIES
- Core Plus (6.50%+ cap rate on multifamily only)
- Light Value Add
- Heavy Value Add
- Substantial Renovation or Redevelopment
- Opportunistic
MULTIFAMILY | RETAIL AND INDUSTRIAL | |
---|---|---|
MINIMUM DEAL SIZE | $3,000,000 | $3,000,000 |
MAXIMUM DEAL SIZE | $50,000,000 | $20,000,000 |
GEOGRAPHY
Primary:
GREATER KANSAS CITY AREA
Secondary:
MIDWESTERN MAJOR MARKETS
Omaha
Des Moines
Minneapolis
Wichita
Oklahoma City
Tulsa
Northwest Arkansas
Lawrence
Columbia
St. Louis
Indianapolis
Cincinnati
Columbus
CAP RATES
- Multifamily > $10MM 7%+ cap rate achievable in 12-24 mos.
- Multifamily < $10MM 8%+ cap rate achievable in 12-24 mos.
- Retail & Industrial 10%+ cap rate achievable within 12-24 mos.
PROPERTY CLASS
RETAIL AND INDUSTRIAL
C +
OR ABOVE
MULTIFAMILY
B –
OR ABOVE
TYPICAL DD
60 DAYS
+15 DAYS TO CLOSE