EXCLUSIVE OFFER FOR ACCREDITED INVESTORS ONLY 

NECESSITY-BASED COMMERCIAL REAL ESTATE INVESTMENTS

For Experienced

High-Net-Worth Investors 
Real Estate Investments Backed by Expertise & Precision
Jared Feldman
Executive Chairman
Andrew DeNardo
President - Head of Investor Relations
Kurt Padavano
Chief Operating Officer
Bill Comeau
Chief Financial Officer
Fred Battisti
Chief Revenue Officer
Michael Hazinski
Chief Investment Officer
Every investment in our portfolio represents the skill, dedication, and strategic insight of our highly experienced team. At FNRP, our seasoned professionals bring decades of industry knowledge to the table, analyzing every aspect of a transaction to identify and secure the highest-quality commercial real estate assets. From due diligence to deal structuring, we harness extensive resources and a deep network of industry relationships, ensuring that each transaction meets our rigorous standards of excellence and delivers enduring value to our investors. 
100+
Total Employees
177
Years of Combined Experience
$30B+
Transaction Experience
Your Path to Strategic Growth with a Dedicated Partner
At First National Realty Partners, we believe that investing is a journey best taken together. From your first investment, you’ll be connected with a dedicated relationship manager who brings a wealth of expertise to support your unique goals. This high-touch approach ensures you’re guided at every step, creating a seamless experience as you explore and expand your portfolio with us. With each investment, our commitment to delivering value deepens, building a lasting partnership focused on achieving your financial objectives with precision and care.
*Distributions are not guaranteed
Are You Qualified to Join Our Investment Platform? 

Our investment opportunities are designed for accredited, high-net-worth individuals who seek sophisticated, institutional-quality commercial real estate investments. To qualify, you must meet certain financial criteria, demonstrating both the means and the commitment to invest in premium assets. We work exclusively with experienced investors who value a strategic approach to wealth-building and have the financial acumen to appreciate the intricacies of commercial real estate transactions.  

FNRP Investor Benefits

Necessity-based commercial real estate—such as grocery-anchored retail centers, garden style workforce housing, and last-mile distribution centers—have the potential to provide greater stability and resilience. These assets tend to thrive in all economic conditions, driven by consistent demand for everyday essentials.

Effortless Passive Income

Most of our investors have the capital to buy shopping centers. What they don’t have are the resources, knowledge, relationships, patience, or, most importantly, time. Passive income is every savvy investor’s dream. At FNRP, we provide the tools and do the work so that our investors can sit back and earn quarterly cash flow.

Exclusive Tax Benefits

REIT or stockholders receive a 1099 tax form, but our partners receive a K-1 tax form— allowing them to enjoy depreciation deductions to write down the income that is made from the investment. There are also tax advantaged strategies like a 1031 exchange that can help you keep more of the profits in your pockets.

1031 Exchanges

Many of our investments are eligible to be designated as a 1031 exchange replacement property. This gives sophisticated investors the ability to defer taxes as part of a like-kind exchange. Our team has successfully executed multiple dozens of large 1031 exchanges and has deep experience working with investors, lenders, and QI to ensure a smooth transaction.

Capital Growth & Appreciation 

Retail real estate assets benefit from recurring rent escalations with tenants over time. Those rental increases don’t just increase your cash flow but they also increase the overall value of the property. Once you include the hedge against rising operating costs for your properties with the triple net lease structure, you can often grow your income larger than your expenses. This is why, generally speaking, real estate is an appreciating asset over time.

Strategic Income Diversification 

Our partners diversify their wealth by adding another income stream to their investment portfolio. We invest in nationally branded high-performing grocery-anchored properties because we believe that their stability and potential to produce positive cash flow provides reliable returns.

A Hedge Against Inflation

Safeguard your investments by investing in a necessity-based asset, serving daily needs of everyday people. Appreciation and built-in rent increases in native to commercial real estate help provide a buffer against the creep of inflation, which has the potential to erode returns over the life of an investment.
World-Class Properties
2B+
Assets Under Management
60+
Assets Owned
120M+
Distributions Since Inception
26
States
2900+
Investors
12M+
GLA Since Inception

Recent Acquisitions

Freeway Crossing

Grocery-Anchored Shopping Center

88,647 SF

Waretown Town Center

Grocery-Anchored Shopping Center

87,735 SF

Fountain Hills Plaza

Grocery-Anchored Shopping Center

111,284 SF

Sumter Square

Grocery-Anchored Shopping Center

66,765 SF

Elements Horsham

Daily Needs Shopping Center

50,353 SF

Windsor Court

Grocery-Anchored Shopping Center

78,500 SF

Freeway Crossing

Grocery-Anchored Shopping Center

88,647 SF

Waretown Town Center

Grocery-Anchored Shopping Center

87,735 SF

Fountain Hills Plaza

Grocery-Anchored Shopping Center

111,284 SF

Sumter Square

Grocery-Anchored Shopping Center

66,765 SF

Elements Horsham

Daily Needs Shopping Center

50,353 SF

Windsor Court

Grocery-Anchored Shopping Center

78,500 SF

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Full-Cycle Investments**

The following properties have completed the full investment lifecycle: acquisition, improvement, and disposition.

Single Tenant ShopRite

  • Purchase Price: $19,500,000
  • Exit Price: $24,750,000
  • Net IRR: 23.7%1 IRRs are net to the investors after fees.
  • Equity Multiple: 1.52x2
  • Single-Tenant Freestanding Grocer

Lenape Plaza

  • Purchase Price: $2,375,000
  • Exit Price: $4,118,066
  • Net IRR: 13.5%1 IRRs are net to the investors after fees.
  • Equity Multiple: 1.31x2
  • Core-Plus Deal

Colony Business Park

  • Purchase Price: $8,250,000
  • Exit Price: $11,350,000
  • Net IRR: 13.9%1 IRRs are net to the investors after fees.
  • Equity Multiple: 1.71x2
  • Value-Add Flex Office Space

Single Tenant Pick n’Save

  • Purchase Price: $13,000,000
  • Exit Price: $17,075,000
  • Net IRR: 45.0%1 IRRs are net to the investors after fees.
  • Equity Multiple: 1.41x2
  • Single-Tenant Freestanding Grocer
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**Past performance may not be indicative of future results. An investment in commercial real estate is speculative and subject to risk, and there can be no assurance that the future performance of any specific investment, investment strategy or selection of a specific property as referenced in the information herein, will be profitable, equal any corresponding indicated historical performance level(s) or be suitable for your needs. Due to various factors, including changing market conditions, this content may not be reflective of current opinions or positions.

Frequently Asked Questions

Yes. Our offerings are only available to accredited investors. You will need to prove your status as an accredited investor to participate in any FNRP sponsored offering.
To be considered an accredited investor investing personally or with a spouse (not through an entity, trust or other title), one must have a net worth of at least $1,000,000, excluding the value of one’s primary residence, or have income of at least $200,000 each year for the last two years (or $300,000 combined income with a spouse or spousal equivalent) and have the expectation to make the same amount this year. If you are interested in investing through an entity, trust, etc., then you must follow the accreditation rules for that specific titling requirement. If you want to learn more and determine which title would be best for you please see the SEC’s website for further clarification or contact our investor relations team.
The minimum investment amount for each fund is $50,000. The minimum 1031 investment is $500,000.
Yes you can take title in your investment in multiple ways including: individually, jointly with a spouse, through a business (LLC or other type), a trust, or an IRA account.
Yes if you’re selling a property and want to roll the proceeds of that sale into a 1031 investment property with FNRP you’ll invest as a Tenant in Common. For a more detailed explanation please consult our investor relations team.
No. FNRP’s investments are illiquid. There is no secondary market for investors to trade their units of ownership within a fund. As we only work with accredited investors, by definition these are investors who can financially bear the loss of investment proceeds.
Yes as long as your funds are in a self-directed retirement account. You will need to utilize the services of a self-directed IRA custodian to facilitate an IRA or other retirement account investment. We can make recommendations to qualified service providers or are happy to work with your custodian in the event you already have engaged with one.
You can fund your investment via wire transfer, ACH or check.
Distributions of positive cash flow, to the extent available, are paid quarterly.
We have an investor portal to allow our partners to track their investments and get access to key reports, distribution history and tax forms. As a partner, you will have your own dedicated account.
In the event that the acquisition of the property does not close, 100% of your investment will be returned. Investor funds are held by FNRP until the closing of the real estate transaction is set to occur.
As one of our partners, you have direct access to your relationship manager and the investor relations support team. We pride ourselves in giving you direct access to someone who is responsible for servicing you as opposed to a 1-800 number and a general email inbox.
Quarterly Reports are generated each quarter that include written updates on our progress, future outlook, financial information, key performance indicators, and leasing highlights. From a tax standpoint, you will receive a K-1 for your interest in the partnership each year. K-1s typically go out by March/April of each year. 1031 investors receive a trial balance which is typically distributed in April.

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