Wellington Financial Group LLC, as principal, acquires commercial real estate throughout the United States, with emphasis on the West and Texas. We desire to invest in:
Non-subordinated Land Leases, Existing Single Tenant net Leases, Sale/Leasebacks, & Master Leasebacks
Value
Typical is $15,000,000 or higher–$5,000,000 minimum.
Lease Length
We can consider non-subordinated land leases of any length up to 99 years. At this time we will also consider shorter leases with strong demographics and/or with the existing rental below market.
Return on Investments
Varies, depending upon the type and length of lease, credit of the tenant, location and current market cap rates.
Credit
Preference is for investment grade tenants; however we will consider high performance companies with lower ratings, as well as strong privately held entities.
A Specialty
Shorter net leases of 1-10 years with assumable fully amortized debt over the remaining lease term. We will assume the “Phantom Income” liability.
Flexibility
The financial structure for any purchase could be “tailored to” the seller’s needs. For instance, it could be all cash, cash to existing favorable financing, a deferred sale, master lease, joint venture, convertible loan, bargain sale, trade, or other type of beneficial transaction.
Please try us on any unusual situation. We will respond promptly.
For inquiries contact:
Melvin J. Kaplan
Chief Executive Officer
PO Box 223159
Carmel, CA 93922
Phone: 831.624.7991
Fax: 831.624.7994
George Keeling
V.P. of Acquisitions
3150 “B”Alta Vista
Laguna Woods, CA 92637
Phone: 949.770.7794
