Acquisition Criteria

Birtcher Anderson Realty, LLC acquires investment properties located primarily in Southern California. The company is structured as a privately held investment company and is based in San Juan Capistrano, CA with several field offices located throughout the western United States.

Following is a summary of general investment guidelines:

Size of Deal
Generally, Birtcher Anderson Realty, LLC is interested in acquiring properties valued between of $10 million and $75 million. Opportunities of greater value will be seriously considered on a case-by-case basis.

Type of Property
The company is interested in acquiring CBD and suburban in-place office, industrial, anchored retail and multi-family properties of at least 200 units. There is particular interest in acquiring properties that present an opportunity to create or enhance value through better management and leasing programs or redevelopment. However, stabilized secure returns meet a segment of our investment profile as well.

Deal Structure
Properties can be acquired on an all-cash or leveraged basis. Due to the private nature of Birtcher Anderson, other creative structures are often employed. Acquisitions will be capitalized through well established Birtcher Anderson Realty relationships with both private capital and institutional co-investors.

Location
It is the company’s objective to focus primarily on Southern California. However, properties located in Phoenix, AZ and Las Vegas, NV are also included in our portfolio.

Target Returns
The company will be aggressive for the right situation. Risk-adjusted yield expectations are compatible with current real estate market and capital market conditions.