Acquisition Criteria
Acquisition Criteria
The Siegel Group is actively searching for investment, rehabilitation, repositioning, and development projects in heavy commercial and metropolitan areas. Typically, investment projects are sought in the western and southern areas of the United States. Most projects are “eyesores” which are in need of extensive exterior and interior rehabilitation or deferred maintenance due to poor management, maintenance and over-all property up-keep. usually these types of properties have additional value-added potential through occupancy increase and stabilization. Projects with repositioning or expansion potential are other typical projects.
Property Types
- Multi-Family Residential
- Hotel/Extended Stay Properties
- Retail Centers
- Office
- Mixed-Use
- Vacant Land
Investment Strategy
- Major Renovations Required
- Deferred Maintenance
- Improved Management
- Below Market Rents
- Reposition Opportunity
- Value-Added Potential Through Occupancy Stabilization
- Expansion Potential
Investment Size
- $1-300 Million
Closing/Due Diligence
- Flexible
- Expedited Close if Needed
- Minimum Due Diligence
Target Areas
- Nevada
- California
- Arizona
- New Mexico
- Colorado
- Utah
- Texas
Preferred Structure
- All Cash
- Assumption of Favorable Financing
- Purchase of 100% Fee Simple Interest
