FNRP

Track Record

The Proof Is In The Property

12-18%+

Targeted Average Annual
Investor Returns

6-9%

Targeted Average Annual
Cash Distribution

54

Current Assets
Held

$1.25B

Total Purchase Value
of Assets

9.7M

Square Footage

1,873

Investors

The term “target” or “targeted” refers to a figure the Company aims or believes it can achieve. Actual results may vary.

 

We currently have 50 properties in our portfolio valued in excess of $1B. 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.

  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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 Disposition 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.

How FNRP Returns Compare

Commercial real estate has historically delivered higher returns than other major asset classes as a result of steady, predictable cash flow and multiple opportunities for value creation. Leveraging our team of industry experts, and by being highly selective in choosing which properties to invest in, FNRP properties produce above-market returns through carefully planned appreciation methods and superior asset management strategies.

 
 
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