INVESTING IN THE FUTURE

This strategic Class A office building with 66,426 RSF atop a five-story parking garage, located in the dynamic Fort Lauderdale CBD near the newly constructed Broward County Courthouse and the planned 2026 Federal Courthouse, is ideal for small- to mid-sized legal tenants.

21-23 Center, an 81,000 square foot Class A office building strategically located between Miami's premier CBD and Coral Gables office markets, was acquired at 73% occupancy and, following building and operational improvements and re-marketing efforts, is now 97% occupied and successfully stabilized.

This waterfront apartment complex on Long Island Sound in Southern Connecticut, near Cosey Beach and local restaurants, is a strong long-term asset. New management and marketing aim to increase revenue by at least 40%.

A premier 77,878 sq. ft. office campus located in affluent eastern Fort Lauderdale. The Property consists of a three-story, 18,000 sq. ft. office building (2611), 100% net-leased to Merrill Lynch and a 80.4% leased, six-story, fully renovated, multi-tenant office building (2601) totaling 60,000 sq. ft.

400 W 41st Street, Miami Beach, FL 33140 is a 68,000 square foot Class “A” office building acquired in April 2011 for $9,500,000. The property was held for 61 months before being disposed of in February 2017 for $17,850,000. This investment achieved an impressive Internal Rate of Return (IRR) of 40.44% during the hold period.

Merrill Lynch Plaza, located at 2611 and 2601 East Oakland Boulevard, Fort Lauderdale, FL 33306, comprises two Class “A” office properties totaling 82,727 square feet. Acquired in May 2015 for $13,775,000, these properties were leased up, subdivided, and then sold separately in August 2019 for $16,750,000. The investment was held for 55 months, achieving an Internal Rate of Return (IRR) of 15.50% during the hold period.

In 2017, Netz Group acquired a nine-story, 82,763-square-foot office building for $10.9M, which was 70% occupied. Netz identified a gap in the market and by targeting mid-level office space, particularly for medical tenants near a key airport, increased occupancy to 95%. In December 2020, we sold the property for $14.5M, achieving a 21% IRR for our investors.

HSBC Office Center, located at 301 Arthur Godfrey Road, Miami Beach, FL 33140, is a 37,000 square foot Class “B” office tower. Purchased out of bankruptcy and closed within 15 days in April 2013 for $15,000,000, the property was held for 26 months before being sold in July 2015 for $21,000,000. This investment yielded an Internal Rate of Return (IRR) of 33.40% during the hold period.

Silver Oaks Apartments, located at 1281 Brockett Road in Clarkston, GA 30021, a suburb of Atlanta, comprises 406 apartment units. Acquired in February 2015 for $17,800,000, with an additional $1,500,000 invested in capital expenditures, the property was held for 46 months. It was sold in December 2018 for $29,300,000, achieving an Internal Rate of Return (IRR) of 40% during the hold period.

Avondale Forest Apartments, located at 3330 Mountain Drive, Decatur, Georgia, a suburb of Atlanta, was acquired in February 2017 for $13,900,000. With no additional capital expenditures, the property was held for just 5 months before being sold in June 2017 for $19,250,000. This brief investment period resulted in an impressive Internal Rate of Return (IRR) of 100%.

Balfour Chamblee Apartments, located at 41 Clairview Drive, Chamblee, GA 30341, a suburb of Atlanta, was acquired in May 2019 for $10,500,000. With an additional $1,200,000 invested in capital expenditures, the property was held for 35 months before being sold in April 2022 for $21,000,000. This investment yielded an Internal Rate of Return (IRR) of 85% during the hold period.