During this unprecedented time we continue to search for investment opportunities in key areas that produce income and growth while protecting investors funds.
Current VIP Assets
Foampack Industrial Portfolio, MI, TX, VA
Purchased in November 2020, as a sale-leaseback this manufacturing industrial portfolio consists of 3 properties tenanted by Huntington Solutions, a manufacturer of custom-shape molded foam packaging products. This Triple-net tenant has signed a new 20-year lease.
Parc 85 (Multifamily), GA
Purchased with our partner Blue Lake in June 2021, the property is a beautiful 2002 Class-B+ property in NE Atlanta with a total of 344 units. The property is in an exceptional location with great amenities and presents a great opportunity for value-add through interior renovations.
Technoplas Industrial, OH
Purchased with our partner MAG Capital in July 2021 as a sale-leaseback this industrial property is the home of Nanogate, a manufacturer of highly engineered thermoplastic components for the automotive, industrial and commercial. This Triple-net tenant has signed a new 20-year lease.
Lancaster Energy Industrial, OH
Purchased with our partner MAG Capital in June 2021 as a sale-leaseback this industrial property is the home of Babcock & Wilcox, a leading provider of environmental, renewable, and thermal technologies for critical power generation and industrial applications for more than 150 years. This Triple-net tenant has signed a new 20-year lease.
Beardsley Industrial, AZ
Purchased with our partner MAG Capital in September 2020, as a sale-leaseback this manufacturing industrial property is the home of Arizona Natural Resources, a custom manufacturer of personal care products. This Triple-net tenant has signed a new 20-year lease.
Sanger Industrial, CA
Purchased with our partner MAG Capital in July 2020 as a sale-leaseback this brand-new state-of-the-art industrial property is the home of Initiative Foods, an organic baby food manufacturer and "essential manufacturer." This Triple-net tenant has signed a new 20-year lease, and pre-paid 9 months rent at closing.
Balta Industrial, NY
Purchased with our partner MAG Capital in May 2020 as a sale-leaseback this cold-storage industrial property is the home of Satispie, a frozen pie manufacturer and "essential manufacturer" supplying Walmart and other large customers. This Triple-net tenant has signed a new 20-year lease.
Houston NW Industrial, TX
Purchased with our partner Wilson Investment Properties in July 2018 this industrial portfolio consists of six business parks with 19 buildings primarily located in NW Houston. The massively diversiļ¬ed set of 109 tenants, includes manufacturing, fabrication, and many local service type businesses. The aim is to improve management, stabilize at market occupancy, and sell in 5 to 7 years.
Maplewood Place RV Park, LA
Opened in January 2019, Maplewood Place Park is a workforce housing project near Lake Charles, LA consisting of 199 RV pads complete with water, sewer, electric, wifi, laundry facilities and a general store. Some of the park is currently used by FEMA mobile homes. The aim is long-term hold over 15-20 years with cashflow from RV tenants and mobile homes.
Collins Estate Mobile Home Park, NC
A 109 lot mobile home park in Jacksonville, NC purchased by our partner Four Peaks Partners in 2016 with 30 vacant lots and plus another 30 vacant homes in disrepair. The aim is to increase occupancy drastically with the rehab of park-owned homes and fill the empty lots with new tenant-owned homes.
Assets Sold
The following assets were sold 2018-2021
Legacy (Multifamily) Portfolio, GA
The Legacy portfolio consists of 2 Class-B properties in NE Atlanta with a total of 250 units. Purchased in October 2019 and sold in June 2021.
Forest Cove (Multifamily), GA
A Class-B property in NE Atlanta with a total of 646 units. Purchased with our partner Wilson Investment Properties in May 2019, and sold in May 2021
Vineyard Pointe, GA
A 108-unit C-class apartment complex in Riverdale Georgia purchased in December 2016 and sold in August 2018.
Southlake Cove, GA
A 346-unit C class house complex in Jonesboro, Georgia purchased in December 2016 and sold in August 2018.
[email protected], NM
A 77-unit C class apartment complex in Albuquerque New Mexico purchased in October 2016 and sold in January 2019.
[email protected], NM
A 51-unit C class apartment complex in Albuquerque New Mexico purchased in November 2016 and sold in December 2018.
Carrollton Oaks, TX
A 320-unit B class apartment complex in Dallas Texas purchased in May 2016 and sold in June 2018.
