Assets Managed
Total Tenants
Square feet of GLA
We PROCURE COMMERCIAL PROPERTIES WITH A value-add STRATEGY, AND optimize the assets over the course of a 3-5 year hold period, substantially increasing cash flow and value. the focus is on well located real estate in strong established markets, resulting in outsized risk-adjusted returns.
Present Equity was formed just prior to the financial crisis of 2008, a time of significant financial distress in the United States, resulting from the sub prime loan market.
Starting with a string balance sheet and available capital, we identified several distressed commercial & residential assets as well as non-performing notes and acquired at deep discounts to replacement costs.
Our team continued to acquire assets via property foreclosures, deeds in lieu, financial work outs and traditional purchases in outcry and digital auctions. Operated the properties for rent and made necessary improvements along the way. As the market recovered, we refinanced all of the assets at higher values and continued to experience value growth from rising rental rates.
At the tail end of COVID, the company began investing in small bay industrial assets, which took off as a result of the pandemic. Independent e-commerce operators and service provider start-ups who outgrew their existing space, created explosive growth for warehouse units sub 3,000 sf. The limited supply in urban infill locations drove rents to unprecedented levels, creating "mark-to-market" opportunities among small and large sized assets alike.
We continue to focus on acquiring, operating and optimizing (i) Retail Shopping centers and (ii) Small Bay industrial properties, both of which have near term value-add components.
Our team finds, negotiates, and purchases the properties in a single purpose entity, either self capitalized or which joint venture partners.
We operate the assets with a long-term hold mindset. Most of the value-add strategy is unlocked in the first 2 years.
We self-manage & lease the properties, handle daily operations and periodic reporting.
Investment exits occur as a sale, a refinance, or an interest buy out.
actively looking to acquire a mix of distressed, mismanaged and undervalued commercial properties in florida's major markets and select cities inthe south eastern united states.
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