Raising now
Half-empty shopping centers. Buildings with below-market leases. Land nobody had built on yet. That's what we buy, on purpose. Here's each one, with the problem named. Look any of them up. And ask us about the ones that didn't go to plan: we'll tell you.
PENDING FROM INVESTO: how many projects are exited, and the realized result on each (bought, sold, what investors got back). This page shows 40 of the 52.
Deal 1: what went wrong, what investors were told and when, how it ended.
Deal 2: same four lines.
What we changed in how we buy because of it.
Facts from each project's record. No projected returns on this page.
47,460 SF, anchored by Dollar General, Subway, Great Clips.
At purchase: 65.3% occupied.
104,000 SF, anchors include Harbor Freight and Big Lots.
At purchase: 79% occupied.
117,971 SF on Highway 795, anchored by Tractor Supply.
At purchase: 60% occupied.
57,832 SF, anchored by Ollie's, GNC, Little Caesars.
At purchase: 63% occupied.
108,060 SF, anchored by Planet Fitness and Harbor Freight.
At purchase: 60% occupied.
87,846 SF, anchored by Cub Foods and Fifth Third Bank. Plan: lease improvements and fill the vacant spaces.
77,413 SF plus 22 acres, anchored by Price Chopper, 91% occupied.
41,455 SF.
89,414 SF, 99% occupied at purchase.
142,680 SF, anchored by Kroger and Panera. Plan: active leasing and operating improvements.
48 units, Upper East Side, recently renovated, bought from a seller forced to sell after COVID.
At purchase: 58% occupied, 13 below-market COVID-era leases, 7 vacant.
37 units, Upper East Side, bought out of a bankruptcy.
At purchase: Rents below market after COVID.
25 properties, 230 units, 98% occupied.
Renovated into 8 apartments.
Rebuilt into 10 apartments.
Renovated into 12 apartments.
Two-story mixed-use building in Ohio City, bought to reposition.
Newly built, 36 apartments and 4 street-level shops, near the Metro, bought for $13.5M.
16 units in two buildings. Renovated, rents moved to market.
Renovated and sold.
Two 3-story office buildings, 94% and 87% occupied.
80,000 SF historic bathhouse, 60-year partnership with the National Park Service.
85 single-family rental homes.
19 homes.
36-unit mixed-use, residential and retail.
181 single-family homes, phased.
20 single-family homes on 4 acres.
6 townhomes.
4 single-family homes.
Built and sold.
4 single-family homes.
Built and sold.
5 single-family homes.
Built and sold.
10 single-family homes.
Built and sold.
21 single-family homes.
Built and sold.
3 single-family homes.
Built and sold.
Raw parcel subdivided and developed.
4 homes built.
230 entitled lots, developed for homebuilder NVR.
102 entitled lots, with homebuilder D.R. Horton.
40,910 SF site in NoMa, entitled for 470 units.
234-acre parcel.
PENDING FROM INVESTO: status (holding, exited) and realized result per project, and the acquisition year for each.
Half-empty centers, below-market leases, unbuilt land. We buy the problem on purpose, at a price that reflects it.
Lease the empty space, renovate, move rents toward market, or build.
Updates with bad news first, until the sale. Starting at $100,000, for accredited investors only.
