INVESTMENT STRATEGY

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SIZE

50,000 sqft and up based on ease of management and economies of scale. Others considered subject to synergies with existing properties.

PRICE

10 % capitalization rate objective. Our target is in consideration of potential added value in said properties following a very methodical property evaluation during selection and due diligence.
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PRICE / FEET

Our goal is an average of $100/sf or less. The price per square foot is a function of occupancy, NOI, quality, lease term, location, cost to rebuild.

OCCUPANCY

When properties are stabilized and fully or near fully occupied, we consider it a bond deal. A safe and stable investment, with recurring revenue based on a strong Weighted Average Lease Term. We also consider lower occupancy properties as stock deals. These properties have strong potential upside for greater added value.

HIDDEN VALUE

Properties including additional land for development potential, under market rent, capital improvement to attract new and/or existing tenants, all with the missions to creatively improve net operating income.

TENANTS

There should be some credit tenants and the rent roll should have the bulk of the leases comfortably extending into the future.

FINANCING

Using conventional type financing for acquisitions, ensuring properties are not over leveraged; therefore maintaining all financial obligations accordingly.

TYPE

Principally commercial with some shopping centers, mixed use and industrial.

OUR PHILOSOPHY

The idea is to think of a property like a child: to bring it up to its full potential.

Focus on secondary and tertiary markets where there is no premium for ‘location’ which does not necessarily translate into increased profits.

We never buy ‘empties’ – let someone else be a hero.

We never develop – again let someone else be a hero.

Start quarterly distributions as soon as possible with a goal of 8% + cash on cash.

We buy ‘average’ or ‘common’ properties that don’t deviate from the mean making it easier to rent and then resell. Unusual and architecturally interesting properties are maybe good art but bad business.

We want to finance out our cash – or sell if the price is very attractive – within a five year time frame.

If a deal is good, we move very quickly as we are a private group not accountable to committees etc. This gives us preferential access when discretion and/or speed are required by the seller

PORTFOLIO

Current list
Map

IMC REAL ESTATE USA

1105 Schrock Road, Suite 204
Columbus, Ohio
43229
614-985-1155

IMC REAL ESTATE CANADA

1800 Boul. Le Corbusier Suite, 132
Laval, Quebec
H7S 2K1
450-978-1325