Acquistion
What do we look for?
Grace Holdings is actively pursuing development sites and select existing assets with value add opportunity throughout the United States with a special focus on Southern California, West Texas and Hawaii. We work with principals, owners, and the brokerage community to source acquisitions of hotel, multifamily, mixed-use, and office development sites and existing properties.
Acquisition Criteria
Property Types
Commercial land and buildings located in supply-constrained locations with strong market fundamentals, and barriers to entry/development. Property types include: Hotel, Multifamily, Mixed-use, Office, Retail
Land & Redevelopment Sites
Vacant land as well as underutilized properties from as small as 10,000 square feet in urban locations and up to 100 acres in out of town destination locations.
Existing properties/Value Add Properties
Under-performing or under-developed multifamily and commercial properties that can be expanded, renovated or repositioned, ranging from $3 million to $20 million.
Locations
Major markets throughout the United States, with a focus in West Texas, Southern California and Hawaii.
Size
Preferred property value from $5 million to $30 million not including development/renovation cost.
Acquisition Structures
All-cash acquisitions; joint ventures with qualified operating partners or land owners and ground leases are transaction structures that Grace Holdings is willing to pursue.