A — April 27 - May 10, 2012 — Mid Atlantic Real Estate Journal ABC......................................................................... 41A Aldo Design Group. ................................................ 34A ALL-RITE Construction................................ 20-IBC-B B.R. Kreider & Son, Inc............................................ 8B Barglow Companies.............................................. BC-A BL Companies......................................................... 13B Bohler Engineering. .......................................... 10-11B Brahney Asphalt..................................................... 37A Business Card Directory........................................ 47A Capitol Aerials ......................................................... 8A CBC Bennett Williams............................................. 2B CLP.......................................................................... 45A Cooper Roofing Inc.................................................. 35A CREATE Architecture....................................... 10-11B Crystal Window & Door Systems. ......................... 13A DB&D................................................................. 10-11B Developers Realty Corporation................................ 8B Earth Engineering Inc.. ........................................... 2B Electrical Installation & Design............................ 45A Entech Digital Controls. .........................................11A EWMA..................................................................... 32A Fameco Real Estate.................................................. 7B Fix Asphalt.............................................................. 41A Fortis......................................................................... 4A Fowler . ................................................................... 44A Franchise World. .................................................... 15B Gebroe-Hammer..................................................... 27A Geyer Auctions.......................................................... 5A Gibeaux Associates................................................... 8A Greater Reading Economic Partnership............... 30A GSH Group. ............................................................ 39A Haftek CWS...............................................................38 High Associates....................................................... 26A Hollister Construction Services............................... 7B Hutchinson Mechanical Services........................... 10A IFMA NJ. .................................................................. 3A IREM....................................................................... 43A Joseph P Gilroy RE..............................................IBC-A Kaplin Stewart. ...................................................... 31A Katz Properties ............................................. 6B, BC-B Kay Realty Services.................................................. 9B KW Commercial The James Balliet Group......... FC-B LANDCORE Engineering Consultants, P.C.. ......... 6B Lebanon Valley. ..................................................... IC-A LMS Commercial Real Estate............................... IC-B M. Miller & Son........................................................ 3A Marcus & Millichap Taylor Zang............................. 3B McMahon. .......................................................... 10-11B Meridian Capital Group, LLC.................................. 3A NAI Emory Hill. ..................................................... 21A Nicholls Auction Marketing Group.......................... 5A NJ Chapter of IFMA................................................. 3A NJ Smart Start......................................................... 1A NJAA....................................................................... 16A Northeast NJ Chapter of the Appraisal Institute 49A NorthMarq.............................................................. 24A Patterson Woods Comm’l. Properties.................... 19A Poskanzer Skott Architects.................................... 36A Ray Angelini, Inc...................................................... 8A RCX Building Diagnostics...................................... 22A RD Management LLC....................................... 16-17B Re/Max of Reading.................................................... 2A Riker Danzig........................................................... 28A ROCK Commercial................................................... 2B Sidney E. Gable Associates, Inc............................. 23A TARGET Building Construction.............................. 9B The Azarian Group, LLC.......................................... 1B The Berger Organization. ...................................... 29A The Henley Group.................................................. 20A The Kislak Company, Inc....................................... 18A Thesing Companies................................................ 34A TPD. ................................................................... 10-11B TRG ................................................................... 10-11B True Blue Company................................................ 41A Vanguard Energy Partners.................................... 25A Vantage Facility Maintenance Services................ 38A Vantage Landscaping............................................. 39A Whitestone Associates, Inc..................................... 12B WP Realty................................................................. 5B MAREJ A dvertisers D irectory To advertise, call 1-800-584-1062
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Mid Atlantic R eal E state J ournal Publisher ............................................................................Linda Christman Co-Publisher .........................................................................Joe Christman Section Publisher ..............................................................Michael Campisi Section Publisher ................................................................Elaine Fanning Senior Editor/Graphic Artist ................................................ Karen Vachon Production Assistant ......................................................... Rachel Rugman Office Manager ....................................................................Joanne Gavaza Editorial Consultant .............................................................. Ben Summers Guest Columnist .............................................................. Paul P. Braungart Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly P.O. Box 26 Accord, MA 02018 (Mail) 312 Market Street, Rockland, MA 02370 (Overnight) Periodicals postage paid at Rockland, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal, P.O. Box 26, Accord, MA 02018 USPS #22-358 | Vol. 24 Issue 8 Subscription rates: $99 - one year, $198 - two years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Toll-Free: (800) 584-1062 | MA: (781) 871-5298 | Fax: (781) 871-5299 www.marejournal.com
Mid Atlantic Real Estate Journal
By Paul P. Braungart Build To Suit And Sale Leaseback Funding
T
oday’s lending envi- ronment requires a higher level of capital
investment from investors and developers looking to develop, acquire, sell and/or joint venture projects across a broad spectrum of real estate assets. As a result of the changing dynamics in the real estate industry, Regional Capital Group (RCG), who is a real estate fund manager and advisory firm, is acquir- ing commercial real estate assets utilizing two options which are viable alternatives to traditional financing. AConstruction Build-to-Suit platform, which is typically geared toward single tenants, provides the ability to create new opportunities without committing capital. Specifi- cally, 100% of the capital will be made available in certain situations. The current envi- ronment has made it challeng- ing to fund ground up projects. This platform allows for the elimination of market risk and the need to secure equity and debt funding, thus allowing
The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal
the reception of development fee income, conservation of capital for future projects, the ability to receive a flip profit, preserve a balance sheet and maintenance of strong ten- ant relationships. Assets that qualify under such a program can range from standard office, industrial, and retail to spe- cialized medical, automotive, and convenience stores. Another option available for existing single tenant assets is a Sale-Leaseback structure. Through the Sale- Leaseback structure, clients have access to long-term capital to deploy back into higher margin programs and
assets, or pay down debt. Un- der both structures, tenants retain full control through- out the process and there is a certainty of execution to tenants. There is a wide range of as- set classes eligible for these funding options, includ- ing Corporate offices; data centers; call centers; ware- house/distribution facilities; governmental or state-run facilities; truck terminals; manufacturing; all retail in- cluding big box; drug stores; restaurants; auto service centers/dealerships; national furniture stores; convenience continued on page 3A
RARE DEVELOPMENT OPPORTUNITY $4.5 Million ∙ 33 Acres
1
For More Information Please Contact:
3801 Penn Ave Sinking Spring, PA
The subject property located in Sinking Spring PA (just minutes from Reading, PA) is 33 acres of land and is pre-approved for a three story, 55+, independent living facility with 130 units and 20 more in the future, and 80 townhouse units. Ready to develop. Public Water & sewer.
Eddy Peng, CCIM, CIPS RE/MAX of Reading Office: (610) 670-2770 x3078 Cell: (610) 223-0567 Email: EddyPeng2@verizon.net
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