Scott Auker's Colleagues at SunCap Opportunity Fund
Scott Auker's Contact Details
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Fort Lauderdale,Florida,United States
SunCap Opportunity Fund
Scott Auker's Company Details
SunCap invests in quality real estate in the Southeast United States focusing on assets with solid underlying fundamentals which provide current cash yield and income growth potential with the implementation of new management, recapitalization, and capital improvements. SunCap prides itself in being a dependable buyer and working well with brokers and sellers of investment properties. We are a principal buyer with full operational Infrastructure. SunCap Managers have closed over $2 billion in acquisitions, including building a $500 million publicly traded international real estate fund from 1996 through its disposition in 2010. SunCap targets retail shopping centers with the following characteristics: Multi-Tenant Anchored or Un-Anchored 25,000 - 250,000 s.f. $4 million - $35 million 7% or higher cap rate 20% or higher NOI growth over 5-year holding period SunCap focuses on markets throughout the Southeast United Sates, both primary and secondary markets, with solid underlying demographics, occupancies, and lease rates. We acquire properties with upside potential through leasing-up vacancies, capital improvements, recapitalization, and new management.