We are
committed to ensuring our investments bring positive cash
flow to our investors and endeavor to deliver returns on a
quarterly basis upon property stabilization. We buy
multifamily properties below replacement cost and look to
pay significantly less than comparables in recent sale
transactions for like properties in its immediate area.
Lakeside
Investment Company is an opportunistic buyer of
properties held by distressed owners who have been
unable to stabilize an asset, or have taken out debt that
they can no longer service. We also use our lender contacts
to get a first pick at bank owned properties (REO).
We focus on areas where we believe the demographics indicate
continued net growth during the next 3-5 years and where
high barriers to new construction are in place
Buying
right is important. However, property acquisition in itself
does not guarantee the best returns. Rather, management
must ensure that the quality of tenants, improvements and
overall management of the property is maintained while
keeping a vigilant eye on the bottom line. Our experience
and reputation are well-established.
Experienced
Commercial Investors – Over 10
years with positive cash flow on virtually all investments
and over $1 billion in real estate transactions by senior
management.
Consistent
Value Creation – Through
effective management, expense control and pushing market
rents, we directly add value to the properties.
Proficient
Due Diligence Knowledge
– By accessing our team of market researchers, finance
professionals and property managers, we review all pertinent
information and perform various hypothetical scenarios to
ensure viable investments.
Geographic
Focus – We have
experience in the acquisition of all types of real estate
throughout the US. We believe that current economic and
demographic conditions present a unique and fundamental
opportunity to invest in multifamily apartment and
condominium buildings in California.
All-Encompassing Expertise Base – We have
the intellectual capital to efficiently and effectively
carry out dispositions, acquisitions, financing and property
management analysis. This ensures a smooth portfolio with
all the parts moving in unison to ensure solid investments
and value creation.
Access to a
Wide Network
– We have the relationships in place and the resources
available to locate distressed properties and their
sellers. This ensures we find properties which can be
purchased at a significant discount stemming from seller’s
need to dispose of their under-managed and over-leveraged
assets.
To obtain
additional information, or receive the most recent offering
prospectus, please contact Quinn Berg, Director,
Acquisitions at 510-844-3662
qberg@lakesidecompany.com,
or Matt Cohen at 510-844-1223
mcohen@lakesidecompany.com
You may also contact our
Managing Director, James Kilpatrick, at 510-844-3647, or via
email at
james@lakesidecompany.com.