Acquisitions

Acquiring Value-Add and Core + Investment Properties

Why work with Boji?

+ Ability to Close With Certainty: Well-capitalized ownership structure and disciplined underwriting allow us to move quickly and execute reliably

+ Proven Track Record: 15+ years of sourcing, acquiring, and managing complex real estate projects across multiple asset classes and markets 

+ Value Creation Expertise: Deep experience in repositioning, redevelopment, and operational improvement drives long-term value for tenants, partners, and communities

Target Acquisition Criteria

Asset Classes

Office | Retail | Multi-Family

 

Deal Size

$5M – $50M

 

GeoGraphy

Michigan, Midwest + Southeast U.S.

Investment Strategies

Value-add

Reposition | Lease-Up | Operational Improvements

 

Core

Stabilized Assets | Strong Cash Flow | Quality Tenants 

 

Core +

Stabilized Properties With Modest Value-Add Opportunities 

Value-Add Criteria

  • Below market rents with clear mark-to market upside
  • Vacant space that can be leased to drive NOI
  • Capital improvement/renovation opportunity
  • Operational inefficiencies
  • Target cap rate
    • Retail: 8.0% +
    • Office: 8.5% +
    • Multi-Family: 7.5% + ROC

Core + Criteria

  • Stabilized occupancy: 90%-100%
  • Strong in-place cash flow
  • Credit or strong regional tenancy preferred
  • Institutional-quality physical condition
  • Cap rate: 7.0% +

Want to work with us?

COntact

John Hindo | President 

Chad Gans | Director of Acquisitions