Investment and Advisory for Commercial and Multifamily Properties

Well-located infill industrial property where QP is Co-GP and continues to own. We raised preferred equity in order to close the acquisition and paid equity off less than 4 years later after executing business plan to mark tenant leases to market. Investors were paid a quarterly return of capital/dividend and benefitted from deferred taxes during their hold.

Acquisition of industrial property in highly sought after Scott’s Addition neighborhood of Richmond. Operated successfully as 63,000 sf industrial property until sold for redevelopment into 350 apartments with ground floor retail.

Acquisition in a supply constrained market with a low basis. We plan to add significant value through operational efficiencies and upgrades to units. Project is proximate to large health campus expansion which will create additional demand for units.

Acquisition of 101 apartment units in a 240-unit project that was originally planned to be sold as condos. Through upgrades and operational efficiency, we plan to add significant value by increasing NOI.

Acquisition of a 230,000 SF two-building industrial complex with extra land for IOS. Sale leaseback of 30% of project and leasing remaining available SF after significant upgrades. Expecting to be a 3-5 year investment.

Ground up development of 402 Class A apartments in popular Innsbrook area of Richmond suburbs. Difficult completion through Covid, but property is stabilized and fully leased with increasing rents.

Acquisition of 129 units out of 160 units that were originally planned to be sold as condos. Through upgrades and operational efficiency, we have increased NOI substantially. The preferred partner has been paid 12% current and CoGps will exit upon sale or refinance.

Acquisition of six-building office park with 254,000 SF. The acquisition was made post-Covid at a discount and after a two-year hold was sold to a group that was converting space into medical office.

Acquisition of six-building business park with excess land. Fully occupied. Executed business plan to sell off single buildings and have returned all capital to LP. Continue to own several buildings and excess land which at current values provide a projected IRR of 32%.