Longbow Real Estate Group Investment Criteria

     

We value our relationship with you and want to find new ways to work together. Our goal is to consistently send out featured buyer criteria around the 1st of the month.  If you would prefer not to get our buyer criteria, please respond in email and we will update your subscription feed for you.  Please contact an agent if you have any properties meeting the criteria below.

Jim Young, CCIM 512.565.7509 Vcard Asset Type: Suburban MultiFamily Land in Austin area Location: Round Rock, Cedar Park, Bee Cave (and Austin is ok, but suburbs. No CBD pricing). Price: Pay top dollar for a GREAT site, near lots of retail/amenities. Size: 15+ acres is ideal. Usually 240-300 units Additional Info: · Want high visibility thoroughfares with access to lots of retail. · Will do quick analysis and send feedback Example of a "perfect" site: · North Austin off of Toll Road 45, by Forest Park Medical. There are lot of jobs, and lots of retail nearby, and off a major highway which is great for advertising. They do 3-5 deals per year locally · Just bought land in San Antonio for multifamily project · Uses Local Engineering

Nick Nelson, CCIM 512.906.6757   Vcard   Asset Type: Medical Office, Industrial, or Restaurants Location: Nationwide Min Cap: 7% Min Lease Term: 10yrs at closing (prefer 15-20yrs) Additional Info: Need annual rent escalations, Sale Leaseback Preferred, Single Tenant Net Lease Only Asset Type: Retail or Office Location: DFW, Austin, San Antonio Price: Up to $30M Additional Info: Client has $18M equity in a 1031.  Wiling to pay an aggressive cap rate for modest rent bumps.  Stabilized or value add.  Client has realistic expectations on cap rate and yield.

Hampton Friedman 512.259.7377  Vcard Asset Type: Skilled nursing, memory care, assisted living, or senior living  Price: Preferably over (>$5M) individual properties or portfolios Location: Texas or Any Market Details: Aggressive Asset Type: Office Warehouse Size: 6,000 to 12,000 SF Details: 20% Office/ 80% Warehouse Location: Pflugerville, Tx, South of 45, East of Mopac, North of 183, and West of 130 Use: Distribution and storage of western wear

Greg Ganske 512.769.3230 Vcard Asset Type:   Land for Multifamily student housing Location:   Near Highland Park Mall (New ACC Campus), University of Texas, and St. Edwards campuses Size:   1-2 Acres Details:   Student housing developer looking to develop project around ACC, UT, or St. Edwards campuses Asset Type:  Small Retail (live/work) Location: Prefers east of I-35 Details: Custom motorcycle company looking for small retail and possible live/work scenario.  Prefer the east side of Austin.  At this location they would sell bikes, clothing, gear, and have coffee sales.  Rustic/funky/old is okay for this buyer.  Structure with history and character is preferred. Asset Type: Multifamily in Central Austin Location: Tarrytown, 78703, 78704 Size:  up to $5 million Details:  Austin-based investor looking for core properties

Randy Guzinksy 512.497.7241 Vcard Asset Type: Land for major hotel chain Location: Austin near ABIA Airport  Size: 4 Acres Details:  Relatively flat, proper zoning for Hotel would be plus Budget: Send all possible options

View more Investment Criteria