Acquisition
Acquisition
Pollo Tropical
Pollo Tropical- League City, TX
- Procured an off-market deal to an exchange client
- Assessed and quantified risk
- Navigated an eminent domain issue that occurred 2 days before closing
- Renegotiated terms with seller to protect client
- Successfully reached the finish line
1031 Exchange
2 Rite Aid Acquisition
Rite Aid Portfolio, OR & OH
- Client was in an exchange with 21 days to identify upleg properties
- Procured two off-market properties through our national broker relationships
- Property fit the criteria perfectly
- Matched with a mortgage broker who procured most favorable market deals
- Prevented equity loss
1031 Exchange
HOOTERS
Hooters - Tacoma, WA
- Consulted the operator on maximizing asset value through lease structuring
- Structured the lease to maximize asset value while not over-burdening the operator
- Increased value by 15%
- Procured a buyer directly through our database
- Successfully closed at 96% of list price
Disposition
TUTOR TIME
Tutor Time- Gilbert, AZ
- Listed the property at a cap rate 125 basis points below any other historic market comparable for Tutor Time
- Tutor Time had a stigma of an undesirable tenant due to increased store closings
- Procured a buyer directly within 7 days of listing
- Achieved a new all-time record cap rate for Tutor Time nationwide
- Sold at 97.7% of list price