Opportunities in Co-Invest Office
Group RMC is one of the largest private office landlords in the US with over 18 million square feet across 12 States and expects to capitalize on enormous upcoming opportunities.
Mike Mangione from Group RMC will report from the office real estate trenches and speak to how the 21 million square foot office portfolio has fared during the pandemic, as a major real estate owner in non-gateway markets. In addition to providing the pulse of office real estate, Group RMC will share why the next few years will be an opportunity of a lifetime to acquire real estate due to a few factors.
- 40 - 60% discount from replacement cost
- Properties with a stable tenant base where many are prime tenants
- Occupancy of not less than 55% with potential to increase to 85 - 90%
- Acquisition yields (or cap rate) between 7 - 10%
- Ability to implement strong management and leasing teams
Attachments
Speakers
About
FLAIA is an open access platform of alternative investments for institutions, wealth advisors, family offices, RIAs, and accredited investors. General Partners gain access to a vertically integrated digital & traditional fintech marketplace. Investors gain access to special opportunities, educational webcasts and digital events. All of our digital events, educational content and alternative investment opportunities are available in one place under a single sign on.
Group RMC is a real estate Co-Investment group based in New York, Montreal and Columbus that invests in and is the general partner in undervalued income-producing office properties in non-gateway U.S. markets. Group RMC currently oversees over 21M square feet in the US, principally in the Midwest, representing over USD $2.5 Billion in asset value.