Mark Hinkins, CCIM, FRICS
President/CEO at SperryCGA - Trimark Commercial Real Estate
Strong Closing Capabilities 1031x Upleg needed up to $10mm
Client 1031Description:
I have a targeted requirement for a 1031X in your markets from $3.8m to $9.5m, Can do one or two properties. Criteria below. We can close on our down leg anytime from mid-June through Sept 1st. I’ve done multiple transactions with this client and he demonstrates strong closing capabilities.
• Long term investment with a minimum 10 year holding period.
• $3.8m cash available for a leveraged investment of around $9.5m.
• industrial / medical office / office / retail
• Absolute Net if good play as a smaller diversification property.
• Well established property with higher return than Absolute Net where a property manager could be used to reduce owner responsibilities.
• Denver/ Boulder.
• Atlanta.
• Austin.
• Sacramento
• Reno
• Boise.
• Salt Lake.
• Similar markets