Acquisition Criteria

Product Type
Retail, Office, Multi-family and Industrial Properties.

Product Characteristics
Intrinsic Opportunities- Below Replacement Costs
Rehabilitation or Full Renovations
Surplus Corporate Property
Under Rented/Below Market Rents
Short-Term Lease Roll Over
Projects with Surplus Land
Lease-up potential in strong markets with below market occupancies
Class “B” assets in “A” locations

Locations
Southern California and Southern Nevada.

Project Size
$1,000,000 to $30,000,000

Deal Structure
Direct acquisitions, Private Equity Infusion and will consider joint ventures.

Haz Mats
We will consider sites or projects with hazardous materials exposure provided a clear direction can be determined for the clean up of the property.

Submission Packets Should Include
Asking Price
Physical Description
Site Plan/Floor Plan/Survey
Aerial and Property Photographs
Maps
Demographics
Environmental Studies
Rent Roll
YTD and Previous 2 Years Financials
Current Year Proforma and Budget
Loan Terms (If Assumable Financing)

Contact Info
Shawn Molem
President / CEO
Direct Line: (310) 734-4144
Email: shawn@magnaenter.com
LinkedIn: https://www.linkedin.com/in/shawnmolem/