Real Estate Acquisition: ACQ Capital is acquiring substantial real
estate properties, and on track to acquire in excess of $200 million
in assets by July 2007.
||Most any type of real
estate is considered: Single Family Residence; Residential, Commercial
& Industrial Income; Hotel; Development land; Ranch; Agricultural
land; Distressed situations as well as Trophy properties are considered.
||Prefer California, but
not geographically bound, including international.
||A qualifying property(s)
is narrow and specific. The majority of properties will not qualify
and/or the Seller find the terms unacceptable:
Purchase price is the appraised value. In some cases, a premium
paid for the exceptional property and/or exceptional terms
The Seller provides an acceptable institutional quality appraisal
at the Sellers cost.
“Existing debt” cannot exceed 30% of the appraised
value. Seller can reduce debt to meet this requirement. Buyer
will not advance funds.
Appraised equity must be greater than $5,000,000
||Acquisitions are typically
structured as follows:
Most acquisitions are an installment sale, with 100% of the
Seller’s consideration paid over 12 months. Each monthly
payment equals 1/12th of the purchase price.
Payment: The Seller becomes a party to the Buyer’s funding
contract with the Buyer’s Bank, thereby assuring the
Seller receipt of their payment on a timely basis.
Title does NOT transfer until Seller is fully paid their consideration
No liens or encumbrances are recorded on the property at any
time. The Buyer nor the Buyer’s Bank does NOT record
any Deed of Trust or lien against the property at any time.
Buyer will master lease the property assuming operational
control [income & expense] once the Funding contracts
are fully executed
Physical inspection is not necessary to submit a preliminary
Closing typically requires 60 days from the date the appraisal
ACQ Capital is the
contracting entity, acting as a principal. Acquisition funding
is the result of a joint venture with two hedge funds and a major
German bank. ACQ has already met all underwriting requirements,
leaving only due diligence and underwriting of the subject real
On a highly selective
basis, ACQ Capital will enter into joint ventures with land owners
and developers to provide the necessary capital.