Industrial

$2M to $20M
Southern California
Warehouse and distribution, vacant land (unentitled and entitled)
B or better asset class
B or better location quality
20,000 square-foot minimum (>3 acres for development)
All cash to seller; loan assumptions on case by case basis; Joint-venture development with land owner
Value-add, speculative development, recapitalization, environmental challenges

Residential

$1M to $20M
Infill LA County, Central & North Orange County, West Inland Empire
Land for residential entitlement (Townhome, Single-family residence, Multifamily)
B or better location quality
1 acre minimum
All cash to seller; Joint-venture development with land owner
Speculative development, recapitalization, environmental challenges

Multifamily

$5M to $40M
Southern California, Seattle, Denver, Phoenix
Garden style apartments (preferred)
C or better asset class
B- or better location quality
50 to 300 units
1950+ build in Southern California; 1970+ build in other markets
All cash to seller; loan assumptions on case by case basis
Seeking physical assets with operational and physical reposition opportunities; Speculative ground-up development (>100 units)