Commercial Property Acquisition

COMMERCIAL PROPERTY ACQUISITION

DELANO FINANCE is a full-service owner, developer, and manager of over 19 commercial properties in the New York market, with an emphasis on commercial real estate. We are aggressively looking for new opportunities to purchase additional commercial properties.

Our acquisition prices range from under $1,000,000 to $10,000,000. We have an expertise in identifying opportunistic real estate assets that are currently underperforming or in need of a turn-around approach. We are aggressive in purchasing properties that allow us to implement a value-add approach, by increasing rents, renovating the property or altering the financial structure, both debt, and equity, in a given transaction.

Here are some characteristics that we look for:

I. Multi-family, mixed-use, and other property types:

Properties that are in need of renovations, violation remediation, or properties that lack regulatory compliance, SHORT SALES AND REO’S

Properties that currently have poor or under-performing management (high vacancy, high collection loss or higher than average property expenses).

We welcome sellers and brokers to show us any opportunities that they think will match our criteria. We promise that our expertise will allow us to discretely, professionally and diligently review any opportunity that is presented to us.