Comunale Properties | INVESTMENT
INVESTMENT

Investment

THE J. RED GROUP

The J.Red GroupComunale Properties, through its investment affiliate The J.Red Group, seeks to invest in situational opportunities where value can be created from a lack of hands on management, deferred maintenance, long-standing vacancy or the need of a long term partner. The Red series of partnerships are primarily held by the main principals of Comunale Properties. As a long term holder with patient capital, many of our acquisitions are projects that are currently vacant, will become vacant in short order or have short term leases.

We are primarily a value-add investor, but look at every project on a risk-adjusted basis and often acquire stabilized deals where the underlying real estate is attractive and resulting cash flow is fairly valued. Our strong access to capital, speed of execution, longstanding market relationships, and streamlined processes allow us to move quickly and capitalize on opportunities as they are presented and has resulted in Comunale often being viewed as a buyer/developer of choice.

Comunale is currently seeking acquisition opportunities of single-asset and multi-property portfolios from $1,000,000 to $30,000,000 in the Mountain West and Northeast Ohio. Additionally, Comunale Properties is actively seeking build-to-suit development opportunities for tenants looking for a long term development partner.

 

DUE DILIGENCE

Due diligence is a core competency of J.Red, and the thorough process that is undertaken on behalf of the company’s principal account and for its partners is the key to identifying opportunities where increased cash flow and value creation can be achieved. The right due diligence program is a combination of dedicated, quality associates and a continuous review of the process. Our due diligence process includes a detailed review of all asset and market-related documents, extensive interviews with market participants, an evaluation of competitive properties, and financial statement analysis, which allows us to create a comprehensive investment proforma. A thorough sensitivity analysis is always performed, since understanding potential impacts of market and property related events is crucial to making informed real estate investment decisions.