Investments

The investment strategy for GF Properties Group is to focus on buying existing multi-family, office and mixed-use product types, with an emphasis on multifamily assets. Secondarily, GF Properties Group will consider participating in new development of these types of assets by seeking to negotiate stand-by purchase agreements with builders and developers. Assets targeted are those with the potential for consistent income growth and long-term asset appreciation characteristics. The investment opportunities may be pursued either with debt in place or on an all-cash basis. Additionally, GF Properties Group may occasionally pursue the purchase of assets on a joint venture basis with well-capitalized and established partners.

The GF Properties Group acquisition strategy is to be selective with the primary focus on apartments, while also evaluating distressed and/or significant value-add opportunities in other asset classes. Target markets include Texas, Colorado, New Mexico, California and Arizona.

The general characteristics of the multi-family properties targeted for investment are Class A and Class B properties, with an opportunity to upgrade and enhance the property either through refurbishment, improved management, improved marketing, or a combination of these factors. Additionally, target properties should have at least 150 units, with a variety of unit types.