Specialized in land and building acquisitions of single tenant triple net lease retail and hospitality properties throughout the North East. I identified suitable properties for various corporations such as Auto Zone, ATT, Texas Road House, Ruby Tuesdays, Starbucks and many other corporate entities.
These properties were targeted based upon very specific criteria given to me by the tenants. Some of this criteria included demographics, cost, upward trending markets, accessibility, and most importantly the location within these specified primary and tertiary markets. I performed comprehensive due diligence reports that contained detailed market analysis reports that would clearly demonstrate the subject properties were in 100% conformance with the tenants strict criteria for any given market.
I performed a detailed analysis for many new and existing tenants of office buildings. Some of these analytical reports included the three standard practices of property valuation, Sales Comparison, Cost approach and the income analysis approach. I performed Hold vs. Sell vs. Refinance vs. sell then lease analysis when the tenants owned their own building. I performed buy vs. lease when an existing tenant was renting and was trying to determine whether or not to purchase an office building.
I worked with investors and Multi Family management companies to put together strategic business models for the acquisition of new Multi Family assets in communities where the markets were trending upward. By working with numerous property owners to determine the highest and best use of their property and replacing their existing tenants with higher credit worthy tenants, I was able to substantially increase the IRR on their existing real estate assets. This in turn enabled them to purchase even more real estate and build their total net worth.