Acquisition Criteria


Property Type:

  • Retail: Single or Multi-Tenant
  • Industrial: Multi-tenant
  • Residential: Multi-family

Markets:

  • California

Transaction Size:

  • $1,000,000 - $15,000,000

Investment Criteria:

  • Double digit return rates on existing income
  • Properties at or below replacement cost
  • Market/Below market rents with near term adjustments
  • Locations with Barriers to entry for new competition
  • Tenants with strong operating history and strong sales at subject location
  • Opportunity for Value Creation (redevelopment/renovation/repositioning; building expansions or completions; leasing issues; management deficiencies, incomplete entitlement/development approval;

Benefits of working with Providence:

  • Quick initial response time
  • Quick Contract and due diligence turnaround
  • All equity or low leverage debt/equity structures
  • Flexible deal structures to meet the Seller’s needs
  • Experienced and responsive team
  • 60-90 day close
  • Extensive Market Knowledge and Tenant Relationships
  • Successful Track Record

Creative Structures:

  • Fee title ownership
  • Joint Venture Structures
  • Fee Development/Re-development Structures
  • Seller Financing Structures

What we need to begin the process:

  • Property location description
  • Market/demographic information
  • Photographs, maps and aerials
  • Current Rent Roll
  • Trailing 12 month operating statements
  • Historical statements with Occupancy Report and Aging Report
  • Tenant Financial Information and location specific Sales Reports

Contact:

2443 East Coast Hwy Corona Del Mar, CA 92625 Phone : (949) 673-9600 Fax: (949) 673-9605 Email