IBS REICO continuously evaluates property investments that will compliment and augment our existing real estate portfolio. We are opportunistic in our search and welcome the chance to evaluate the
potential upside in under-performing and undercapitalized situations.
“We are opportunistic in approach, fundamental by design, conservative with assumptions, focused on location, diverse in product and accommodative to
sellers”
- J. Jackson, Chairman IBS REICO.
Sell us your property or loan portfolio
Acquisition Criteria
IBS REICO acquires core and value-add commercial investments, including real property and mortgage notes. We are backed by parent company IBS Investment Bank which has transacted more than $3.2
billion in commercial real estate transactions since 2011. Review our acquisition criteria below and complete our asset registration form to begin the sale process.
Transaction Size:
- $1 – $15 million per real estate asset/ real estate backed loan
- $10 – $100 million per real estate portfolio/ real estate backed loan portfolio
Real Estate Target:
- Mixed-Use (Retail with multifamily component)
- Multi-tenant office industrial business parks
- Self-Storage
- Single-Family Portfolio (50 assets+)
- Multifamily (50+ units)
Non-Performing | Sub-Performing Loan Target:
- $1-$10mm on individual mortgage notes in South Florida (whole loans, mezzanine loans, participations and “stalking horse” BK bids.)
- $10mm+ mortgage portfolios with a concentration on East Coast
Acquisition Type:
- 100% fee interest
- All Cash
- Closing in 30-60 days depending upon acquisition
- Joint Ventures
Hold Period - typically 2 to 6 years
Market Focused:
- Florida & Georgia
- Tier 1 and Tiers 2 Markets
- Well-located properties close to amenities
Stabilized Core Assets Purchases:
- Class B- or better
- Ability to reset below-market rents
- Multi-tenant preferred with the largest tenant no more than 50%
- Potential to incorporate minor strategic improvements
Value Added Purchases:
- Any class asset or portfolio in Tier 2 or better location
- Significant vacancy and near-term turnover of below-market rents
- Ability to reset below-market rents or sell vacant buildings to users
- Potential to incorporate extensive upgrades
Submissions for Due Diligence:
Please include the following, which can be sent via email to acquisitions@IBSREICO.com or by overnight mail labeled Attn: IBS REICO Acquisition Team, 215 South Olive Ave, Suite 201, West
Palm Beach, Florida 33401.
- Asking Price
- Physical description
- Site plan/survey
- Detailed rent roll including rent, options, escalations, and expense and tax information
- Photographs/maps
- Operating statements for the past three years and current year to date
- Summary of recent capital expenditures