Solutions Recovery - SunCommercial · The property sold in a very short timeframe • Achieved a...
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Sun Commercial Real Estate, Inc. Soluons Recovery www.suncommercialre.com 6140 Brent Thurman Wy. Suite 140, Las Vegas, NV 89148 702 | 968 | 7300 Phone “We couldn’t be happier with the work from the Sun Commercial team. We were able to commit to a long term lease at a below market rate and sell the building above our inial pricing expectaons. We were able to unlock the value of our real estate assets and capitalize on the current uptrend in the market.” —David Marlon Soluons Recovery, Inc. - President By proacvely analyzing the effect of the lease back on the sale, the Investment Services Group at Sun Commercial was able to sasfy the Seller’s leasing expectaons, present the property to a selected pool of qualified investors and complete the sale at a price point that exceeded the Seller’s expectaons. • Selected the right Buyer for the Property that allowed for the capacity to grow with the Seller through future property investments if the opportunity came around • Buyer was engaged in understanding Seller’s Business model and on-going operaon • Generated a high level of immediate interest from targeted investors. The property sold in a very short meframe • Achieved a purchase price of $7,506,450, exceeding the Seller’s expectaons Through a referral, Soluons Recovery selected the Investment Services Group (ISG) of Sun Commercial Real Estate as the right team for the assignment. The goal was to achieve the perfect balance for Soluons Recovery, achieving the highest price possible while balancing the lease back terms. The ISG team immediately went to work. They worked through a series of steps, including but were not limited to: • Worked with Seller to analyze lease back term expectaons and how those terms would affect the sale of the asset • ISG spent me extensively researching the operator, their es to the community and previous experience to best present the Tenant and their operang track record • Iniated Target markeng of Buyer Pool ISG knew had experse in acquiring sale-leaseback properes This single tenant NNN Sale-Leaseback porolio consisted of a 38,784 SF office in addion to eight residenal rehabilitaon facilies for a total porolio square footage of 69,173 SF. The Soluons Recovery offering had several challenges to overcome including: • Obtaining the highest price possible while also negoang a below market lease rate • Porolio Sale of two very different product types - an Office Building and 8 Residenal Facilies • Presenng the strength of a local operator with a strong operaonal track record CHALLENGE ACTIONS RESULTS TESTIMONIAL SOLUTIONS RECOVERY UNLOCKING $3.5M OF OWNER EQUITY THROUGH A SALE/LEASEBACK Recent Client Success
Transcript of Solutions Recovery - SunCommercial · The property sold in a very short timeframe • Achieved a...
SunCommercial Real Estate, Inc.
Solutions Recovery
www.suncommercialre.com 6140 Brent Thurman Wy. Suite 140, Las Vegas, NV 89148 702 | 968 | 7300 Phone
“We couldn’t be happier with the work from the Sun Commercial team. We were able to commit to a long term lease at a below market rate and sell the building above our initial pricing expectations. We were able to unlock the value of our real estate assets and capitalize on the current uptrend in the market.” —David Marlon Solutions Recovery, Inc. - President
By proactively analyzing the effect of the lease back on the sale, the Investment Services Group at Sun Commercial was able to satisfy the Seller’s leasing expectations, present the property to a selected pool of qualified investors and complete the sale at a price point that exceeded the Seller’s expectations.
• Selected the right Buyer for the Property that allowed for the capacity to grow with the Seller through future property investments if the opportunity came around
• Buyer was engaged in understanding Seller’s Business model and on-going operation• Generated a high level of immediate interest from targeted investors. The property sold in a very short timeframe• Achieved a purchase price of $7,506,450, exceeding the Seller’s expectations
Through a referral, Solutions Recovery selected the Investment Services Group (ISG) of Sun Commercial Real Estate as the right team for the assignment. The goal was to achieve the perfect balance for Solutions Recovery, achieving the highest price possible while balancing the lease back terms. The ISG team immediately went to work. They worked through a series of steps, including but were not limited to:
• Worked with Seller to analyze lease back term expectations and how those terms would affect the sale of the asset
• ISG spent time extensively researching the operator, their ties to the community and previous experience to best present the Tenant and their operating track record
• Initiated Target marketing of Buyer Pool ISG knew had expertise in acquiring sale-leaseback properties
This single tenant NNN Sale-Leaseback portfolio consisted of a 38,784 SF office in addition to eight residential rehabilitation facilities for a total portfolio square footage of 69,173 SF. The Solutions Recovery offering had several challenges to overcome including:
• Obtaining the highest price possible while also negotiating a below market lease rate
• Portfolio Sale of two very different product types - an Office Building and 8 Residential Facilities
• Presenting the strength of a local operator with a strong operational track record
CHALLENGE ACTIONS
RESULTS
TESTIMONIAL
SOLUTIONS RECOVERYUNLOCKING $3.5M OF OWNER EQUITY THROUGH A SALE/LEASEBACKRecent Client Success
