3. Real Estate
This is what I do in Real Estate:
I acquire Canadian Commercial Real Estate for a high quality Real Estate company, Narland Properties, and our Limited Partner investors.
I am also part of a family investment company - 11 cousins are equal shareholders - we have grown our equity at a CAGR 23% since inception.
We target Value Add transactions across all asset classes and geographies that have minimum ~12-15% annualized net-to-LP investor returns.
What is Value add?
Identifying an asset that is not performing at its full potential, ie:
- poor tenant mix
- under market rents
- under-utilized space
- in need of capital or facade improvements
- identifying PAD/development opportunities
- etc
We don’t just buy a cap rate deal and “hope” the value increases. Because hope is not a business plan.
Each asset we invest in must have a clear path to increasing the income generated by the property.
Therefore, value increases.
Always remember, just because something is for sale, doesn’t mean it should be bought.
There has to be a “story”.
——If you are an investor and want to generate passive income with capital appreciation potential, send me a note.
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