Target Acquisitions

13th Floor Investments has developed a strong reputation for successfully acquiring and managing projects within the real estate community. The ability to transact in difficult financial times, such as the summer and fall of 2008 and late 2009, has proven that the firm can perform through adverse economic climates. Furthermore, the firm has demonstrated the ability to transact at all levels of the capital structure, as evidenced by the acquisition of titles, notes (performing and non-performing), bonds, and tax certificates. As a result, 13th Floor Investments has become a reliable option for many lenders and sellers looking to dispose of assets.

13th Floor Investments is currently seeking real estate acquisition opportunities within Florida. The company excels at acquiring special situations in which it can move quickly to underwrite and add value to the transaction at hand. More specifically, the firm focuses on the following opportunities:

ACQUISITION CRITERIA
PROPERTY TYPES “Fractured” Communities, Vacant Developed Lots, Residential Land, New Residential Construction, Bulk Condos, Multifamily Residential, Commercial
TRANSACTION TYPES Non-Performing Loans, Bulk Inventory Acquisitions, Bond Purchases, Portfolio Acquisitions, Recapitalizations, DIP or Intern Financing, Mezzanine and Senior Lending
DEAL SIZE $5 Million to $150 Million
GEOGRAPHIC FOCUS Florida
LEVERAGE 0% – 60%
TYPICAL HOLD PERIOD 3 – 7 years

We are constantly seeking new acquisition opportunities and welcome any inquiries from owners or sellers throughout Florida.