Investments

Corson Properties purchases income properties for its own portfolio. The company prefers properties in which it can realize added value through timing, additional investment, re-positioning and sound management practices.

  • Value-added acquisition ranging from $1M to $50M
  • Multi-family, Industrial, Retail, Storage & Mixed Use
  • Affordable Housing (LIHTC and Section 8)
  • Targeting assets in Rocky Mountain States, West Coast and Midwest
  • 2 to 10 year investment horizon
  • Typically 70% debt and 30% equity
  • Investor equity takes limited partner position
  • Corson Properties co-invests in all transactions
  • Target Investor IRR of 15%+
  • Select business investments with real estate component

In addition to real estate transactions, Corson Properties has been involved in acquiring Commercial Real Estate Securities through note acquisitions. Corson Properties acquires sub-performing, and non-performing whole loans secured by real estate collateral. We will also assume existing debt balances via restructuring with existing lenders/services. Our ability to act quickly and adapt to situations that may require restructuring, foreclosures, or other modifications has proven successful. Corson Properties loan investment criteria must meet the following:

  • Senior whole loans from $1 million to $50 million
  • Assets secured by real estate collateral, i.e. multi-family, office, retail, industrial, hospitality, mixed-use, and other property types

Target Investment Markets

  • Colorado
  • New Mexico
  • Arizona
  • Texas
  • Ohio
  • Michigan
  • Wisconsin
  • Kansas
  • Utah
  • Secondary non-core markets
  • Tertiary non-core markets
  • College markets
  • Denver, Boulder, Fort Collins, Colorado Springs
  • Albuquerque
  • Phoenix, Tucson
  • San Antonio
  • Toledo
  • Ann Arbor
  • Milwaukee
  • Kansas City
  • Salt Lake City