485: Principal And Director Of Capital Markets

Unlike many Real Estate asset classes that offer low initial cash flow, but promised upside, neighborhood strip centers provide 10% in-place cash flow in addition to healthy upside. By improving a shopping center’s visual appeal and bringing rents to market, great value can be achieved. Additional value can be created by selling off Quick Service Restaurant outparcels on the site, thereby returning significant amounts investor equity. Andy Thelen, Principal and Director of Capital Markets at The Criterion Fund, is acquiring strip centers in secondary markets in the $4 to $15 million dollar range and creating great value for investors.