Types of Properties

Brauvin is actively seeking to acquire portfolios of fee-simple properties through sale/leaseback financing transactions and through direct purchases of properties encumbered by long-term triple net leases. Submitted properties/portfolios should meet the following criteria:

• Retail, child-care, convenience store, medical office and/or restaurant properties;
• To be built, existing buildings and/or redevelopment projects;
  Single-tenant occupied properties;
• Free-standing locations.

Brauvin is primarily interested in obtaining portfolios or properties ranging in size from $3 to $50 million with single asset sizes ranging from $750,000 to $7.5 million, although exceptions will be made on a case-by-case basis.

Brauvin specializes in definitive acquisition agreements and short due diligence periods. Investment criteria include the following:

• 10-20 year target lease term (exceptions made for diversified portfolios);
• Initial yields 7% - 9% with periodic escalations;
• Triple Net Leases, exceptions on case-by-case basis;
• Pre-construction purchase commitments-forward commitments.