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Halpern
Realty Corp.
operates a principal/syndicate program that invests in opportunistic and
value added transactions in the $1 - $50 million range, primarily within the
Northeast, but will consider opportunities all across the United States.
Industrial:
Single tenant preferred - 100,000 square feet and up. Northeast locations
preferred, but will consider all locations if properties are well leased.
Vacant properties are restricted to a few hundred miles from New York City
and in most cases will be deeply discounted. Prefer NNN leases and tenants
that can be financed.
Retail:
Small strips
considered in the New York metropolitan area. Sweet spot is supermarket/drug
neighborhood centers in the northeast in the 50,000-250,000 square foot
range. Will consider distressed properties in the northeast if deeply
discounted.
Office:
Class A and B multi-tenant or single office buildings. We would consider
office buildings with redevelopment potential to multi-family. Will
consider net-leased office properties with good credit tenants nationally.
Multi-Family:
Prefer turnaround situations and northeast locations (New York metropolitan
area most preferred), all sizes. Distressed condominium projects in the New
York metropolitan area.
Land:
We would be interest as a syndicate/JV partner or on a consulting basis.
Hotels:
Prefer turnaround situations
and northeast locations.
Loans:
Only non-performing and sub-performing loans on all product types. Prefer
northeast locations, but will consider nationally.
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