Whatâ€™s going on with these Cap rates?

NNNBRC Net Lease Advisors

Tuesday, May 31

BRC Advisors Net Lease Investment Group provides our clients with a range of investment solutions which are national in scope. We maintain an extensive database of available NNN assets from around the country. It is updated hourly. We monitor the NN and NNN lease market place in daily contact with preferred developers, owners and private investors; as well as, our national network of commercial investment brokers, local and regional real estate professionals and a select group of Net Lease Investment professionals who can produce a client solution from $ 250K Tenant–in-Common solution to an institutional grade, bond transaction in the tens of millions of dollars. Each submission is a direct response to a client’s stated objectives of size, scope, client risk appetite, residual real estate valuation; cash flow and tax planning considerations. We coordinate with the accounting community and legal professionals from across the country to produce timely and effective solutions. We provide the senior management level of care demanded by our clients, combined with innovative deal structures which take maximum advantage of the equity and debt market conditions that are prevailing. We track national and regional trends of the different office, industrial and retail sectors of the real estate economy to exploit the market on behalf of our client’s investment objectives.
We have invested in information technology and the necessary human assets to respond to client circumstances that may be dictated by the very tight IRC 1031 timetables of 45 days in which to make a multi-million dollar decision.

Trophy Investors Snag 9900 Wilshire for $148M

Thursday, October 07

A high-profile piece of Beverly Hills commercial real estate that once housed the Robinsons-May department store has been acquired by an investor group from Hong Kong and Singapore for close to $148 million.

The 8-acre property at 9900 Wilshire Blvd. was previously owned by Candy & Candy Inc., the company founded by brothers Nick and Christian Candy. The Candys made their name in London real estate by developing projects such as One Hyde Park, before purchasing the Wilshire property in 2007 for $500 million.

The property, located next to the Beverly Hilton Hotel, fell into foreclosure early this year and was acquired by lender Carlos Slim's Banco Inbursa. Banco Inbursa set up a private bidding auction that was won by Joint Treasure International Ltd., a Hong Kong-based private equity firm specializing in global real estate that represents major family investors.

Joint Treasure acted on behalf of Chow Tai Fook Group of Hong Kong, Wee Cho Yaw Family Group of Singapore and David Chiu of Far East Consortium International Ltd., which is listed on the Hong Kong exchange.

"This is an incomparable site that cannot be replicated, and we intend to build a superb project offering world class luxury residences," Daniel Yiu, senior adviser to Joint Treasure, said in a statement. "Our investor group is interested only in premier properties in premier locations."

Yiu noted that the investor group is familiar with the city because of its investment in the Regent-Beverly Hills Hotel in 1995, which is still under its ownership.

Other U.S. properties that the Joint Treasure International consortium has acquired for its investors include the New York Four Seasons Hotel and two New York City apartment and condominium buildings.

The 9900 Wilshire Blvd. site housed Robinson's Beverly Hills, which opened in February 1952, before being rebranded as Robinsons-May when the companies merged in 1993. The Beverly Hills department store was shuttered in 2006, two years after it was acquired by New Pacific Realty for $33.5 million.

SOURCE: http://beverlyhills.patch.com/articles/wilshire-property-acquired-by-overseas-investor

Keep your eyes on the Cash-on-Cash; not just the Cap Rate Debate

Friday, September 17

Most Brokers (and some investors) focus narrowly on cap rates as they review acquisition candidates. With the recent cap rate compression, many buyers are understandably frustrated by the new postures of Sellers and their listing brokers with cap rates dropping 30-50 bps depending on the originally revised price metrics.

We think the residual valuations and the actual cash-on-cash returns that can be achieved of 6-9% on a “risk-adjusted” basis deserve our attention. With the prospect of revised capital gains treatments in 2011; and the debate over the middle class tax cuts…..now is the time to execute.

Our NNN database of over 60,000 Net lease assets affords current and accurate market intelligence for best investment decisions in this volatile marketplace.

We specialize in investment grade assets which can be financed very effectively to achieve cash-on-cash returns without assuming unnecessary risk.

Website:	http://www.nnnbrcadvisors.com
Phone:	3104338851
Fax:

BiggerPockets

NNNBRC Net Lease Advisors

Trophy Investors Snag 9900 Wilshire for $148M

Keep your eyes on the Cash-on-Cash; not just the Cap Rate Debate

Sean O' Shea

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