Acquisitions
Blue Ridge Capital operates under the belief that there is no better market in the country to pursue our ambitions than the Southeast – our own “backyard”. Blue Ridge Capital acquires turnaround retail (ie, high vacancy or low rents), high-yield retail (i.e. timing/motivation driven), and we engage in arbitrage (short term profit taking) on other retail and non-retail assets, including discounted notes and originating "hard-money" loans. As such, we don't invest in stabilized properties, as our yield requirements would be prohibitive. Our belief is that you make your money when you buy something, not when you sell it. While our pricing is often less than other buyers, we differentiate ourselves by offering fast closings, as well as taking on properties that are challenging, and oftentimes hard to get financed by others. Typically we will place our earnest money "at-risk" at Contract, proceeding without due diligence, saving the seller the grief of going through multiple buyers before a closing actually occurs. We are actively looking to add to the portfolio, and welcome your submissions. Please keep the following themes in mind when submitting properties: (1) Upside through re-development or lease-up, (2) High Yield, or (3) Low Price/SF relative to the market. These ideas best sum up what Blue Ridge is looking for. Retail is our mainstay; however, we purchase non-retail assets where the short-term profit potential is compelling. We have closed a number of deals in as little as one week. We are all-cash buyers, and do not rely on financing to close. Please fax your submissions to: 404.364.9095, or email your submissions to acquisitions@blueridgecapital.com. Of course, if you have a time sensitive deal, please feel free to call us at 404.364.9094. We look forward to hearing from you soon! Blue Ridge Capital is selectively seeking new acquisition opportunities. Please use the parameters below as a guide in assessing properties that may be of interest to us.
Founded by an investment broker, Blue Ridge Capital is aware that the best real estate product is available through a select group of investment brokers in our geographic markets. Therefore, we consider these brokers to be among our most important clients. Blue Ridge Capital will:
If you are an investment broker and would like to make future submissions to Blue Ridge Capital for investment consideration, please submit your Contact Information. |
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Blue Ridge Capital, LLC
PMB 345 · 2566 Shallowford Rd, Ste 104 · Atlanta, GA 30345 ·
Ph: 404.364.9094 · Fax: 404.364.9095
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