|
|
|
|
I am a Principal and Broker of and for a medium sized, privately held real estate investment group. I handle acquisitions of many types of properties in all states of the union. I am currently working in Michigan, Indiana, South Carolina, Alabama, Florida and Texas, though, again, we will consider any location.
My MissionTo create long term income through investment into ventures and / or real estate that have strong potential in this ever changing global economy. We invest in people and associate with those who we like and trust. Our company culture is to treat people honestly and know that it comes back.
Company ProfileCurrently our company has approximately $400,000,000 of equity to place in investment Real Estate. We typically leverage 50 to 80% giving us the need to locate $800,000,000 to $2 Billion in investment properties. Unlike many other people in the market, we close what we put under contract in 95% of the deals. We can close fast. Our investment criteria is as follows:
Strategy for
Multi-Tenant Properties: • Our multi-tenant strategy is to acquire “turn-around” properties, which are undervalued and can be purchased below replacement cost. The properties should be those to which value can be added by assumption of development risk, lease-up risk, market repositioning, property rehabilitation, or change of use. Properties should have income growth potential. • Stabilized properties that meet our investment return
criteria.
Strategy for
Single-Tenant Properties: • We are interested in properties that are leased to
single-tenants on long-term triple-net leases, or properties that we can buy and
leaseback to corporate users on long-term leases. • We will also develop build-to-suit facilities for
single-tenant users, and lease the property back to the user on a long-term net
lease. Leases can be custom designed to suit the long-term needs of the
tenant.
Property Types and
Locations: • For multi-tenant properties that match our
strategy, we are interested in all types of properties, i.e., industrial,
office, and retail. Minimum value is $1 Million. We are interested in
acquiring multi-tenant properties that are located in the Midwest, but will
consider any location. • For single-tenant properties we are interested in
industrial, office, or retail. Leases preferably should be net leases, without
landlord responsibility, with a minimum term of 15 years. Minimum value $1
Million. No maximum. Locations anywhere in the United States in major
metropolitan areas. • We will also purchase portfolios of properties that match our strategy.
Contact InformationFeel free to contact Me
|
|
Send mail to joel@jlanglois.com with
questions or comments about this web site.
|