Transforming Spaces, Maximizing Value
Discover how strategic investments and innovative property management are reshaping underutilized spaces into high-value assets. Explore our portfolio of successful transformations across various real estate sectors.
Definitions
Equity Multiple
The equity multiple is a performance metric that shows the total cash return on an investment relative to the total amount of equity invested. In simple terms, it tells an investor how many times their initial investment amount they can expect to get back from a project, including the return of the original investment.
Internal Rate of Return
The internal rate of return is a financial metric used to evaluate the profitability of potential investments, calculated as the rate of growth an investment is expected to generate annually. Essentially, it represents the percentage rate earned on each dollar invested for each period it is invested, helping investors to compare the profitability of different investment opportunities.
Loan to Value Ratio
The loan to value ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. This ratio helps lenders assess the risk of the loan, where a higher LTV ratio represents higher risk because it indicates that more of the asset is financed through debt and less through equity.
6504 Pacific Ave, Stockton Ca
This initiative involved the acquisition of an 8,000 sq ft standalone office building, originally purchased distressed and set for owner user. The property saw minor improvements and partial use as office space, enhancing its value. The strategic sale to an adjacent neighbor who needed to expand, at above market value, showcased effective asset management and negotiation, culminating in a profitable exit.
Equity Multiple: 12x
Internal Rate of Return: 185%
Assest Type Office
Sq Ft 8000
550 W Eaton Ave, Tracy Ca
This successful turnaround of a 5,227 sq ft medical office building, located directly in front of Sutter Hospital, showcases a series of strategic investment and management decisions that significantly increased the asset’s value. Key actions included aesthetic enhancements, lease restructuring, and effective financial management.
Equity Multiple: 2.4x
Internal Rate of Return: 33%
Assest Type Medical Office
Sq Ft 5,227
14405 Prairie Ave, Lawndale, CA
This project involved retooling and remodeling a failing 3,700 sq ft laundromat, enhancing its appeal and functionality. Strategic updates and tenant improvements transformed the space, breathing new life into the business and setting it up for future success.
Equity Multiple: 2.3x
Internal Rate of Return: 33%
Assest Type Retail
Sq Ft 3,699
2435 W Ball Rd, Anaheim, CA
This project transformed a closed-down discount store into a 4,789 sq ft state-of-the-art laundromat. The strategic conversion involved comprehensive renovations to repurpose and modernize the existing retail space, effectively adapting it for its new use as a fully functional laundromat.
Equity Multiple: 2.2x
Internal Rate of Return: 23%
Assest Type Retail
Sq Ft 5,000
955 Center Street, Manteca Ca
This revitalization project targeted a 10,000 sq ft office complex acquired below market value as a distressed property. Improvements included facade upgrades, new windows, parking lot renovations, and unit remodels. Utilizing in-house management teams accelerated income growth, surpassing projections by 70% and reducing the timeline to one year. The property’s value is estimated to double from its 2020 purchase price due to these strategic enhancements.
Equity Multiple: 1.2x
Internal Rate of Return: 17%
Assest Type Office
Sq Ft 10,000
101 Lander Ave, Turlock, Ca
A 15,400 sq. ft. two-story professional office building, prominently situated at the hard corner of a major intersection. Acquired through a 1031 exchange, this property was leased to the County of Stanislaus on a short-term lease. The acquisition included a favorable seller note of $2.15 million at below market rate, with a down payment of only $174,447. When the tenant vacated, the asset was later sold to an investor.
Equity Multiple: 1.1x
Internal Rate of Return: 7%
Assest Type Professional Office
Sq Ft 15,400
1333 E Kettleman Ln, Lodi, CA
This project transformed an 85,000 sq ft vacant auto dealership on 11 acres into a profitable venture, beginning with its purchase below replacement cost and innovative seller financing. The introduction of a winery and brewery created a sustainable income stream. Strategic negotiations led to a rapid sale to Mitsui Homes, setting a record for fast-track permitting and approvals, culminating in a beneficial exit from the investment.
Equity Multiple: 1.3x
Internal Rate of Return: 5%
Assest Type Auto Dealership
Sq Ft 85,000
(DMV) 2785 Auto Plaza Dr, Tracy, CA
This project marks the development of California’s first LEED Gold certified building, showcasing strategic land acquisition and expert relationship management with state and city authorities. Essential actions included navigating site issues and budget overruns, leading to lease renegotiations and a successful 1031 Tax Deferred Exchange exit.
Equity Multiple: 1.1x
Internal Rate of Return: 4%
Assest Type Office
Sq Ft 10,000
