FM Equities looks to acquire land for development of multi-family and properties “below replacement cost,” at a conservatively underwritten minimum cap rate of 5% or higher.
Our primary focus is on multi-family properties with marginal exposure to retail. We target core and value-add opportunities with the following criteria:
Our primary focus is on multi-family properties with marginal exposure to retail. We target core and value-add opportunities with the following criteria:
- New York City Metropolitan Area and Eastern PA
- Transaction Size of 5MM to 100MM
- CAP Rate of 5% or higher
- Land Purchase for 500K+
- Location in a primary or secondary market
- Stabilized property and value-add
- Will consider completing unfinished construction
