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.
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 occupancy by NG office. 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.
Total Project Cost: $860,000
Total Equity Investment: $195,000
Hold Period (Yrs): 1
Equity Multiple: 12x
IRR: 185%
Cherokee Lane, Lodi Ca
This revitalization of a significantly vacant 40,000 sq ft office complex demonstrates strategic investment and management decisions that greatly enhanced its value. Key actions included acquiring below replacement cost, securing major tenants, and implementing effective financial strategies such as favorable financing and profitable capital events.
Total Project Cost: $2,235,000
Total Equity Investment: $335,000
Hold Period (Yrs): 2
Equity Multiple: 3.7
IRR: 99%
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.
Total Project Cost: $928,000
Total Equity Investment: $438,000
Hold Period (Yrs): 2
Equity Multiple: 2.0x
IRR: 66%
550 W Eaton Ave, Tracy Ca
This successful turnaround of a 5,000 sq ft medical office building, located directly in front of a 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.
Total Project Cost: $651,000
Total Equity Investment: $179,000
Hold Period (Yrs): 9
Equity Multiple: 2.4x
IRR: 33%
14405 Prairie Ave, Lawndale, CA
This project involved retooling and remodeling a failing 1,200 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.
Total Project Cost: $790,891
Total Equity Investment: $308,104
Hold Period (Yrs): 7
Equity Multiple: 2.3x
IRR: 33%
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.
Total Project Cost: $1,189,000
Total Equity Investment: $507,000
Hold Period (Yrs): 5
Equity Multiple: 2.2x
IRR: 23%
3600 Sisk Road, Modesto Ca
This project involved the acquisition of a five-building, 70,000 sq ft complex along a major thoroughfare, purchased below market value. The property was initially distressed with 60% vacancy and below-market rents. Through strategic management, the occupancy was raised to 80% and rents to 90% of market levels. With a favorable financing arrangement in place, the asset remains in the portfolio.
Total Project Cost: $450,000
Total Equity Investment: $180,000
Hold Period (Yrs): 4
Equity Multiple: 1.0x
IRR: 8%
Lander, Turlock
This project involved retooling and remodeling a failing 1,200 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.
Total Project Cost: $2,150,000
Total Equity Investment: $174,000
Hold Period (Yrs): 2
Equity Multiple: 1.1
IRR: 7%
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.
Total Project Cost: $6,700,000
Total Equity Investment: $2,522,000
Hold Period (Yrs): 2
Equity Multiple: 1.3
IRR: 5%
DMV - 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.
Total Project Cost: $5,403,000
Total Equity Investment: $1,678,000
Hold Period (Yrs): 6.5
Equity Multiple: 1.1x
IRR: 4%
