Acquisition Criteria

Citivest Commercial InvestmentsAcquisition Criteria

Citivest Commercial is a real estate investment firm specializing in commercial real estate properties.

Property Type:

Retail: Anchored and unanchored centers.

  • Grocery anchored, or anchored by national or regional credit retailers.
  • Single tenant properties or single tenant buildings.
  • Retail portfolios.
  • Broken development transactions.
  • Repositioning and adding value to existing centers.

Office: Class B or better.

  • Multi-tenant or single tenant buildings.
  • Medical office buildings.
  • Office parks or multiple building portfolios.

Industrial:

  • Single or multi-tenant.
  • Buildings with excess land for development.
  • Multiple building portfolios.
  • Sale/leaseback opportunities.

Multi-Family:

  • Well maintained class C or better.
  • In growth markets where employment and population are on the rise.
  • Has stable or sustainable cash flow in place a time of acquisition.
  • Value added property increasing rents, managing expenses and repositioning property.

Target Markets: Emphasis on Western United States but nationwide in scope.
Transaction Size: $2,000,000 (no maximum).
Capitalization Rates: Competitive with market values.
Leverage: CCI will buy on an all cash basis and place debt on acquisitions as needed.

Information needed on submittals:

  • Property and location description.
  • Market/demographics data on the area.
  • Photographs, maps and aerials.
  • Current rent roll.
  • Trailing 12 month operating statement.
  • Historic operating statements and expenses.
  • Tenant sales reports.

What to expect:

  • Quick engagement and due diligence turnaround.
  • All equity or debt and equity structures.
  • Flexible, innovative deal structures that meet the expectations of the seller.
  • An experienced and responsive team guiding the acquisition process.

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