Over the years, we’ve encountered numerous investors who have lost their hard earned money in the stock market, mutual funds, condo-conversions, land, and proforma-base investments. Many of these investors have grown tired of the terms “capital call” and “upside” and have expressed their desire to place their money into immediate cash-flowing investments with conservative exit strategies. The Coastline Group, (a.k.a. Coastline Management Group, Inc) is all about stability and growth and has developed an equity partnership structure for such an investor to invest in commercial real estate. Unlike many real estate acquisition companies that are buying based on future upside, The Coastline Group seeks to purchase existing cash flowing properties such as multi-family, retail shopping centers and quality office buildings. In 2010, The Coastline Group expanded into the purchase of real estate notes in Florida.
The Coastline Group is now choosing selective partners to expand its portfolio, and is looking for individuals, groups, or corporative joint venture partners willing to invest in unique commercial real estate opportunities throughout the country. When partnering with The Coastline Group, you will have the backing of an experienced management and support staff performs extensive due diligence in turning over every stone of the property to ensure the return on our investment is what we expect. Before entering into a purchase contract, the prospective acquisition must meet the following criteria:
• The property’s tenant must contain National and/or regional tenants as well as local businesses with strong history in the property. • The property must be within driving distance of a major market with good demographics. • The property must be in very good condition. • The property’s cash flow after operating expenses and debt service is sufficient to give all equity investors at least a 10% annual cash on cash return from the first day of ownership, with a conservative internal rate of return (IRR) of at least 20%.
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