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Don Papi Cassano re_buyers_ppt

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  • 1. Don Papi Cassano Presents Deals Wanted Don Papi Cassano Presents We Have Buyers Clients Looking For Deals Jan 31, 2011
  • 2.
    • Table Of Contents
    •  
      • Slide 1..................................Cover
      • Slide 2..................................Table of Contents
      • Slide 3..................................Special Purpose Buyers
      • Slide 4..................................Hospitality Buyers
      • Slide 5...................................1031 Exchanges Buyers
      • Slide 6...................................Medical Facilities
      • Slide 7...................................Ground Leases Wanted
      • Slide 8...................................Commercial Land Buyers
      • Slide 9...................................Small Business Wanted
      • Slide 10.................................Buyer Wanted Net Lease Deal
      • Slide 11.................................Seasoned Tenant Properties
      • Slide 12.................................Wanted Shopping Centers
      • Slide 13.................................24 Hour Fitness Facilities Wanted 
      • Slide 14.................................Supermarkets Wanted
      • Slide 15.................................Don Cassano Contact Info
  • 3.
    • Special Purpose Buyers
    • Summer Camps Wanted
      • Youth or Sports Summer Camps Wanted So. New England
    • Agricultural Farm Buyers
      • Buyer looking for agricultural farms 1 1/2hrs from Boston, Ma
    • Self Storage Wanted In Massachusetts
      • Midwest Investment Group Looking to Purchase Existing Stabilize Self Storage Facilities
  • 4.
    • Hospitality Buyers
      • Buyer Looking for Hotels in the Rochester, NY area
  • 5.
    • 1031 Exchanges Wanted
      • Shopping Center 1031 property in Ma Property should have a cap rate of 9.0 +. 
    •  
      • Immediate 1031 Exchange Requirement
    •   Having recently sold their building my client has the following 1031 Exchange requirements:
      • Would like to purchase two (2) investment properties (each with a min value of roughly $1.3M)
      • Will consider properties in MA (East of Worcester), RI & Southern NH
      • Would prefer NNN lease investments but will also consider smaller multifamily investments
      • If the property is a multi-tenant building we will consider some lease-up risk but please do not send completely vacant properties for consideration
      • Looking for an 8% plus, cash on cash return
  • 6.
    • Medical Facilities
      • Nursing Homes and Assisted Living Facilities Wanted in New England Individual or Portfolios Welcomed  
    •  
  • 7. Ground Leases In vestor interested in acquiring older, long term ground leases.  If the original term of the lease was in the 50 to 75 year range they would be interested in purchasing the property assuming the lease term still has +/-25/35 years remaining.  The property must be well located and should be situated in a well developed infill location.   They are interested in acquiring property only in the top 50 largest markets in the country.  They have acquired many leases on this basis and offer very aggressive cap rates.   If you are aware of a ground lease where the owner wants to convert an annual ground rent into immediate cash today, I would welcome the opportunity to discuss.
  • 8. Commercial Buyers – Land
      • Need 50-100 acres for Recreation/Entertainment along Rt 495 from Rt 3 to Rt 24 Just off Exit Preferred
  • 9.               
      • Liquor Stores with or without Real Estate
      • Have Take Over Firm Looking To Purchase Existing Under Performing Restaurants, Pizza Shops, & Function Halls
                   Small Business Wanted - Massachusetts
  • 10.
    • Seasoned-Tenant Properties Wanted
    • Our Client is a privately-held real estate development and investment company based in San Francisco, CA, is pleased to announce that is has recently formed a partnership with a well-capitalized institution to purchase "seasoned single-tenant assets" with a commitment of equity and debt to purchase between $600M-$700M of assets nationwide.
    •  
    • The parameters are as follows :
      • Single-tenant properties (strong focus on retail).
      • Deal size between $2,000,000 to $25,000,000.
      • Focused on investment-grade credit, but will consider non-rated tenants.
      • Lease term remaining between 1 to 9 years.
      • Strong intrinsics with attractive price per foot and/or under market rents.
      • Strong store sales.
      • Portfolios and/or single assets.
      • Properties with self-amortizing financing in place (heavy 'phantom income').
      • Seasoned 'Zero' deals with less than 10 years remaining.
      • In most cases, cap rate must be north of 10%.
      • Sale Leasebacks.
      • Also consider long-term net leases on a case-by-case basis.
    •  
    • A few examples of deals that we are currently pursuing:
      • Portfolio of short term restaurants at very high cap rate.
      • Medical office portfolio with long term leases, CPI bumps and A+ rated tenant.
      • Package of shorter term drug stores with good intrinsic.
      • One-off single-tenant with public credit with long term lease with bumps.
  • 11.
      •              STRIP SHOPPING CENTERS .
    •  
    •                 1.  MINIMUM OF 40,000 SQ. FT. RETAIL SPACE .
    • 2. ADEQUATE PARKING
    • 3.  HAVE  NATIONAL  TENANTS.
    • 4   NATIONAL FOOD TENANT A PLUS.
    •                 5.  MOVIE THEATER  A PLUS .
    • 6. MUST HAVE A MINIMUM CAP OF 10.
    • 7. LOCATION NEAR METROPOLITAN AREAS  IN THE U.S.
    •  
      • Also, I have a client actively buying operating shopping centers and malls around the country, the bigger the better, starting at $100,000,000 per property and with absolutely no upper limit. We are all-cash buyers, so there will be no "subject to financing" clause in our offers. All responses will be acknowledged quickly.
  • 12. Wanted 24 Hour Fitness Facilities   ACQUISITION REQUIRMENT- 24 HOUR FITNESS   TENANT- 24 Hour Fitness   LEASE TERM- 10 Years, we will consider shorter term leases on a case by case basis   LEASE TYPE- NNN, we will consider NN leases on a case by case basis.      LOCATION- Nationwide.   FINANCING- CASH at closing, proof of funds to be provided with LOI   We represent an institutional client actively acquiring free standing single tenant 24 Hour Fitness properties nationwide. Strong preference for assets that have 10 years remaining on the primary lease term with a true NNN lease structure. Cap rate will be commensurate with the location and lease term. We will provide proof of available funds with our LOI and will close in CASH within 30 days of an executed contract. All submittals will be kept confidential.
  • 13. Supermarkets Wanted   I am working with an institutional client looking to purchase single tenant supermarket properties.  They will by stores, warehouses, distribution centers and corporate headquarter properties leased to grocery tenants.  They will look at both public and privately held companies.    Both existing leases and sale-leaseback opportunities are OK.  Please contact me via telephone, email or fax.  Thank you 
  • 14. Don Papi Cassano 617-888-7028 Don Papi Cassano Direct   [email_address] http://www.linkedin.com/in/doncassano     Address:  PO Box 5011, Framingham, Ma 01701