FNRP is a long-term buyer. Our reputation is more important than any one transaction. Because of this long-term mindset, we’ve made it a habit to deal with sellers fairly. In fact, we don’t look at sellers as counterparties, but as mutual partners in our success.
WE MOVE QUICKLY
FNRP has the scale of a large institution but has the ability to move fast like a local owner. We brought all major acquisition functions in-house including underwriting, investment committee, and legal, to ensure we can move and close faster than anyone.
Nothing is worse than submitting an opportunity to a buyer and waiting to hear back. FNRP prides itself on getting back to everyone who submits deal flow, quickly, even if it’s a “no.”
WE CLOSE ALL CASH
Every single deal, every single time, no financing contingencies, PERIOD.
FNRP is actively acquiring grocery-anchored shopping centers, but will also consider centers anchored by other essential retailers.
We will consider centers in growing markets nationwide, with a preference for primary and secondary markets.
We prefer a population density of over 100,000 and average household incomes of at least $65,000 within a five-mile radius of the center.
Our minimum deal size is $15M and our cap rate floor is 6.0%.
WHAT OUR CLIENTS ARE SAYING ABOUT US
“We recently selected FNRP as the buyer for a grocery-anchored center in what was a highly competitive bid process and could not have been more pleased with our choice. Put simply, FNRP honors their word, works through the due diligence process efficiently and navigates challenges with creative solutions. As a seller, I’m confident you won’t go wrong selecting them as a buyer, but you may regret it if you don’t.”
Chase Young, CBRE Capital Markets
“I have had the privilege of arranging capital on behalf of some truly exceptional owners and operators of commercial real estate. In my experience in working with FNRP, I have seen a genuine desire to build trust and forge partnerships with all stakeholders through their transparency and integrity. They are a pleasure to work with and I cannot recommend them highly enough as a partner.”
Richard Henry, Cushman & Wakefield
“I recently worked with FNRP on a deal in which the seller required an accelerated diligence and closing process. The FNRP team moved quickly and was professional throughout every step of the process. As such, we were able to close two weeks earlier than required! It was a pleasure working with the team and I highly recommend FNRP as a buyer.”
Lori Schneider, Marcus & Millichap
“First National Realty Partners is a fantastic buyer that I would recommend to any of my clients. They successfully navigated multiple delays that came from the sellers side, and approached them in a thoughtful and professional manner. Their team was responsive, and diligent throughout the entire process. Our team looks forward to more successful transactions with FNRP.”
Christian Williams, CBRE Capital Markets
“Working with FNRP was an absolute pleasure. Great people with a best-in-class diligence process. Looking forward to working with them on more deals in the future!”
Alex McDonald, Berkeley Capital Advisors
“The team at FNRP performed just as they stated they would – from diligently underwriting, to navigating through the bidding and buyer interview process, and concluding with a smooth contract negotiation, due diligence, and closing. We can’t speak highly enough about the experience working with everyone involved and the level of professionalism. They were consummate deal makers. We look forward to the opportunity to award FNRP another acquisition.”
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