Acquisition Criteria

Friedkin Realty Group (“FRG”) is aggressively pursuing opportunities in metropolitan markets throughout the United States. Our interests are typically apartments ranging in size from 100 units to 800 units.  FRG also pursues opportunities based upon the potential of the asset and the volume of our operations within specific markets.  We will consider opportunities that are larger or smaller than our typical target range.  With our vast experience in investment property, renovation and asset management, we are currently looking to expand our multifamily portfolio.

Asset Size:        

Age:

Deal Structure:          

Recent Transactions: 

Contact Info:           

      

398 unit core location in Sherman Oaks, CA

288 unit foreclosure in Cincinnati, OH

25 unit value-add in Hollywood, CA

138 unit repositioning in Morgan Hill, CA

293 unit value-add in Carol Stream, IL

226 units class A in San Jose, CA

260 unit (foreclosure) value-add & reposition + entitlements in Sherman Oaks, CA

All cash transactions or loan assumptions. 

Will also consider acquisitions via:

Partnership interests

Bond and tax credit financed structures

Note purchases

Although we generally prefer all-cash transactions, we also acquire properties burdened with unattractive financing through workouts in cases such as bankruptcy and foreclosure.

Will consider all properties regardless of age or construction

Typically between $5 million and $100 Million

Please submit all potential opportunities to:

Christopher Westcott

Friedkin Realty Group, Inc.

44 Montgomery Street, Forty-First Floor

San Francisco, CA 94104

cwestcott@frgroup.com

415.593.3300

With the submission, please include the following information:

•Seller – Who currently owns the asset, form of ownership and reason for the sale

•Property description

•Location – Address, demographic and census maps (Region, City and sub-market)

•Rent Roll – Current Rent Roll

•Operating Statements – Most recent and prior 24 months

•Current tax bill

•Terms of existing financing (if applicable)

•Market Information (as available) – Supply/Demand factors, competitive properties,

               comprable leases and sales, new construction pipeline