Lichter Realty, Inc. seeks to acquire properties of the following product types:
Lichter Realty, Inc. seeks to acquire properties with locations that have the following characteristics:
Lichter Realty, Inc. seeks to acquire properties in the size range of 10,000 – 100,000 square feet; and, favors properties that easily demise into multiple rental units in the size range of 3,000-30,000 square feet.
Lichter Realty, Inc. seeks to acquire properties through deals that typically have one or more of the following components:
Furthermore, Lichter Realty, Inc. tends to finds itself in one of two types of deals: (1) acquiring a property with existing buildings in need of major renovations, remodeling, restructuring of debt and equity, re-tenanting, repositioning of a property for higher and better uses (through re-zoning or new marketing), and/or lots of maintenance; or, (2) acquiring a stabilized (or mostly stabilized) asset with a strong CAP rate and strong up-side in the near future based on new management and/or a rapidly developing area.