Phoenix Retail Partners 2
Real Estate - , ,
Phoenix Retail Partners 2 Employees
Phoenix Retail Partners 2 Details
Our concept is to deploy the Fund's pool of investments capital over a period of years to build a significant portfolio of real estate while providing our investors higher yield returns. To that end, Phoenix Retail Partners 2 will seek out suitable properties in which to invest, the characteristics of which may include, but are not limited to, any combination of the following:- Potential for enhanced valuation through remodeling and re-tenanting- Outdated facade and/or other potential aesthetice upgrades- Poor holding structure- Existing unfavorable mortgage financing- Poor lease format (gross lease versus triple net)- Poor tenant mix- Lower tenant mix- High percent of tenant turnover with fewer or no renewal options- Additional on-site development and peripheral opportunities- Stabilized occupancy levels- Strong in-place cash flows- Advantageous existing assumable or seller financing
