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Heritage Realty principals have been involved in over $600 million in real estate transactions.
Investment Goals
- Create "hands-on" and "tenant focused" management that increases tenant retention, property cash flow, and investor returns.
- Acquire well located "value-added" assets within targeted locations using strategic market analysis and due-diligence.
- Complete well designed renovations to maximize investment returns within a 3 to 5 year period.
Acquisition Criteria
Target Opportunities:
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| Class A & B: |
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High Quality and well located assets.
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| Class C & D: |
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Value-added properties with rental upside through renovation and improved management.
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Transaction Size:
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We consider any sized apartment or commercial transaction.
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Broker Protection:
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The sourcing broker will be protected if the property is not listed.
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Target Markets:
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Heritage Realty Group is focused on establishing critical mass via acquisitions within the following primary sub-markets:
Southern California
- Los Angeles County
- Orange County
- San Diego County
- Riverside & San Bernardino Counties
- Ventura County
Northern California
- San Francisco
- East Bay
- Silicon Valley/San Jose
- Sacramento
Central Valley
- Fresno County
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These selected markets meet or exceed several key investment thresholds that relate to the basic economics of supply and demand. Most of these markets exhibit supply-constrained characteristics for the following reasons:
- lack of vacant land
- highly restrictive zoning and entitlement processes
- anti-development sentiment created by organized and effective lobbyists supporting NIMBY-ism ("Not In My Backyard")
- projected increases in population and jobs
In addition, strong market fundamentals and quantitative "barriers to entry" make these markets suitable for capital investment. |
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51 E. Campbell Avenue
Suite 200
Campbell, CA 95008
T 408-376-5000
F 408-376-5001 |
