Investment Criteria

What we look for in potential acquisitions.

Asset Classes

Multifamily

10+ units, Class B/C properties with upside potential

Retail

Anchored centers and strip malls in high-traffic areas

Mixed-Use

Residential/commercial combinations in urban cores

Deal Parameters

Property Size10–100 units (multifamily) / 10,000–50,000 SF (commercial)
Purchase Price$1M – $15M
LocationNew Jersey (Central & Northern regions preferred)
Occupancy70%+ (will consider lower with strong plan)
Cap Rate6%+ (depending on asset quality and location)

What We Look For

  • Strong fundamentals with clear value-add opportunities
  • Below-market rents with room for increases
  • Motivated sellers and off-market deals
  • Properties in emerging or stable markets
  • Opportunities for operational improvements
  • Distressed assets with turnaround potential

What We Pass On

  • Fully stabilized assets with limited upside
  • Properties requiring major structural work
  • Locations in declining markets
  • Properties with significant environmental issues
  • Deals outside our geographic focus
  • Unrealistic seller expectations