FNRP

Track Record

The Proof Is In The Property

$2B+

Assets Under Management

56

Current Assets
Held

$100M+

Total Investor Distributions Since Inception

11.5MM+ SF

GLA Acquired Since Inception

22

Current States Present

2,360+

Investors

All amounts are as of 3/31/2023.

We currently have 56 properties in our portfolio valued in excess of $1.5B. Our mission is to provide everyday accredited investors with access to institutional-quality deals that generate exceptional, risk-adjusted returns. Our disposition process is the culmination of cutting-edge acquisitions tactics, hands-on asset management, and robust value creation efforts. As our pipeline of properties continue to grow, so have the returns of our investors.

Disposed Properties

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
Total IRR: 23.73% IRRs are net to the investors after fees.
Equity Multiple: 1.52x
Single-Tenant Freestanding Grocer

Single Tenant ShopRite

Purchase Price: $19,500,000
Exit Price: $24,750,000
Total IRR: 23.73% IRRs are net to the investors after fees.
Equity Multiple: 1.52x
Single-Tenant Freestanding Grocer

Single Tenant Pick n’Save

Purchase Price: $13,000,000
Exit Price: $17,075,000
Total IRR: 45.01% IRRs are net to the investors after fees.
Equity Multiple: 1.41x
Single-Tenant Freestanding Grocer

Single Tenant Pick n’Save

Purchase Price: $13,000,000
Exit Price: $17,075,000
Total IRR: 45.01% IRRs are net to the investors after fees.
Equity Multiple: 1.41x
Single-Tenant Freestanding Grocer

Lenape Plaza

Purchase Price: $2,375,000
Exit Price: $4,118,066
Total IRR: 13.50% IRRs are net to the investors after fees.
Equity Multiple: 1.31x
Core-Plus Deal

Lenape Plaza

Purchase Price: $2,375,000
Exit Price: $4,118,066
Total IRR: 13.50% IRRs are net to the investors after fees.
Equity Multiple: 1.31x
Core-Plus Deal

Colony Business Park

Purchase Price: $8,250,000
Exit Price: $11,350,000
Total IRR: 13.88% IRRs are net to the investors after fees.
Equity Multiple: 1.71x
Value-Add Flex Office Space

Colony Business Park

Purchase Price: $8,250,000
Exit Price: $11,350,000
Total IRR: 13.88% IRRs are net to the investors after fees.
Equity Multiple: 1.71x
Value-Add Flex Office Space

Ashland Hanover Shopping Center

Purchase Price: $17,750,000
Exit Price: $22,500,000
Total IRR: 6% IRRs are net to the investors after fees.
Equity Multiple: 1.2x
Grocery-Anchored Shopping Center

Ashland Hanover Shopping Center

Purchase Price: $17,750,000
Exit Price: $22,500,000
Total IRR: 6% IRRs are net to the investors after fees.
Equity Multiple: 1.2x
Grocery-Anchored Shopping Center

Our Investment Process

1

Identifying
the Right Deal

Using our Dragnet Acquisitions Model, our team pinpoints exceptional properties across the nation that fully meet our robust investment criteria.

3

Acquisition
Process Begins

Once selected, we begin the acquisitions process, developing the custom business plan for each individual property and raising capital for the deal.

5

Close
on the Property

Fully satisfied with the property and ready with capital, our team will close on the property and assume control of the asset.

7

Sale
of the Asset

Once the asset achieves key objectives in our business plan, we exit the deal and return capital plus upside to our investors.

2

Due
Diligence

Our team then begins an extensive due diligence process, collaborating with carefully cultivated industry relationships to get a complete understanding of the property.

4

FNRP Strikeforce
Deploys

Our team deploys to each property to verify our due diligence. We also engage with in-place tenants and solidify our business plan for the center’s success.

6

Total In-House
Asset Management

Once fully acquired, our team manages each property in-house to control costs and seamlessly execute value-add initiatives, ensuring high-level quality control and steady quarterly cash distributions to all investors.

1

Identifying the Right Deal

Using our Dragnet Acquisitions Model, our team pinpoints exceptional properties across the nation that fully meet our robust investment criteria.

2

Due Diligence

Our team then begins an extensive due diligence process, collaborating with carefully cultivated industry relationships to get a complete understanding of the property.

3

Acquisition Process Begins

Once selected, we begin the acquisitions process, developing the custom business plan for each individual property and raising capital for the deal.

4

FNRP Strikeforce Deploys

Our team deploys to each property to verify our due diligence. We also engage with in-place tenants and solidify our business plan for the center’s success.

5

Close on the Property

Fully satisfied with the property and ready with capital, our team will close on the property and assume control of the asset.

6

Total In-House Asset Management

Once fully acquired, our team manages each property in-house to control costs and seamlessly execute value-add initiatives, ensuring high-level quality control and steady quarterly cash distributions to all investors.

7

Sale of the Asset

Once the asset achieves key objectives in our business plan, we exit the deal and return capital plus upside to our investors.

FNRP Strikeforce - Reducing Risk, Increasing Returns

Every property we present to our investors is chosen based on deep market knowledge and whether the asset fully meets our robust, carefully compiled investment criteria. But it doesn’t end there. Our Strikeforce is dispatched on every single deal to ensure that each property fully meets our requirements and goals, and truly offers exceptional risk-adjusted returns for our investors. The Strikeforce, which fully embodies our FNRP-360 mindset, is our secret sauce for establishing superior risk mitigation and increased value for our properties right from the start, culminating in successful dispositions.

Ready to build your own portfolio of Necessity-Based real estate assets?

CORPORATE HEADQUARTERS

151 Bodman Place, Suite 201
Red Bank, NJ 07701

NOTICE: An investment in commercial real estate is subject to risk, including the risk that all of your investment may be lost. Any representations concerning investing in commercial real estate; to include representations as to stability, diversification, security, resistance to inflation and any other representations as to the merits of investing in commercial real estate reflect our belief concerning the representations and may or may not come to be realized. *Cash distributions are not guaranteed. Any offer of a security may be made to accredited investors only pursuant to Rule 506(c) of the U.S. Securities Act of 1933, as amended (the “Act”), by an authorized representative by delivery of a complete copy of an offering memorandum including all exhibits. By using this website, accessing any material contained on this website, registering, requesting a password, or by clicking a “submit” button or the like, I hereby acknowledge, agree and warrant, under penalty of law, that (1) I am an “accredited investor” as defined by Rule 501(a) of the Act; (2) I can provide the required documentation to establish my status as an accredited investor and (2) my typed name on the electronic registration form, if submitted, is my electronic signature and is the legally binding equivalent to my manual handwritten signature.

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