Private equity real estate investment and asset management

2017 off-market acquisition. Park was 40% leased at close and required extensive capital improvements and rebranding. To date, CB Equities has retained 100% of the existing tenancy, while increasing base rental rates by 23% and improving occupancy to 90%. Refinanced in 2021 at 2.5x purchase price.

CB Equities acquired at 70% leased to traditional office tenants. Fully repositioned via extensive capital improvements and permitting of signage band around building exterior. Expanded and extended the anchor tenant and leased to 90% at time of disposition.

CB Equities acquired a stand-alone Rite-Aid Pharmacy in 2012 during Rite Aid corporate restructuring uncertainty. With extensive credit research and understanding of market landscape, CBE acquired in 2012 and disposed three years later for a 3.1x equity multiple return.