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REAL ESTATE WANTED

Southland Equities is always looking for investment opportunities in commercial real estate primarily from $250,000 to $6,000,000.  We are active in the major markets of the Western U.S., especially Southern California, Phoenix, Houston, Austin and Las Vegas.  We are not syndicators, We are buying for our own portfolio - we purchase as a principal, protect brokers, can pay cash and close quickly.  We will purchase in any major market in the country, but we prefer Southern California.  We are not a retail buyer.  What we look for is:

·        UPSIDE in rents; we look for situations where the long term lease is

·        BELOW MARKET, so that the property's value is reduced due to the lease.  We are prepared to "wait out" below market leases.

·        SINGLE TENANT buildings are our preference.  We are also active in  purchasing:  

·        FEE LAND under well situated GROUND LEASE developments where upside can be realized within a 20 year period.  We want to buy the land only under someone else’s building.  It doesn’t matter what type of improvements exist (whether it is an office building, retail center, apartment building, mobile home park, condo development, single family home, etc.).  We do want the existing improvements to have a residual value or a value today such that if the owner of the building ever defaulted on the land lease, the landlord on that land lease would have an immediate benefit.

 ·        EMPTY “BIG BOX” or “SMALL BOX” BUILDINGS in prime locations are also of interest to us.  Credit is not important.  We are looking at the intrinsic value of the real estate.

SUBMITTAL PROCEDURE:

If the offering you have meets the above criteria, please email us a one page summary of the property you have for sale.  


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Last modified: April 18, 2007