Blackpoint
Group
Inc.
Acquisition Criteria
At BGI, we focus on identifying A and B class single tenant retail assets in key markets including California, Oregon, Washington, Nevada, Arizona, Texas, and Florida. BGI will typically take a 100% ownership interest, but may also acquire assets through partnership or joint ventures.
Investment Criteria
Property Type: Retail
Target Markets: PNW, California, Texas, and Florida
Sub-Markets: Seattle, NorCal, Dallas, Orlando
Property Size: 1/2 to 10 Acres
Transaction Size: $4-50 million
Equity Contribution: $1,000,000 – $20,000,000
Property Class: A to B-
Debt: New Debt, Assumption or All Cash
Ownership Type: Outright, Partnership, Joint Venture
Investment Strategies
Value Add
These assets are typically occupied at takeover but rent below market or are on a short-term lease. By curing deferred maintenance and improving property appearance, we can usually continue to increase rents and generate substantial cash-flow for investors. Alternatively, we can negotiate an early out with the existing tenant and replace with a higher paying credit tenant on a long-term lease.
Build To Suit
Our core focus is on build to suit deals for credit retail and restaurant tenants. Using Blackpoint Properties, a preferred developer for several national tenants, we have access to repeat ground up deals across the country. Typical tenants include Starbucks, Grocery Outlet, 7 Eleven Habit Burger, Chase Bank, and others. Typical deal size is $3m to $5m.
Ground Lease
Our preferred deal structure would be a long-term (15-20 yr) ground lease with a national credit tenant, such as Chick-Fil-A, Raising Canes, Quick Quack Car Wash, McDonalds, and others. These deals typical require no landlord work and are NNN in nature, creating pure cash flow for investors.
Investment FAQ
What is an accredited investor? Do I need to be an accredited investor?
An accredited investor is an individual who meets specific requirements regarding net worth and income according to SEC regulations. These regulations ensure proper protection for all investors.
To be an accredited investor, you must satisfy at least one of the following:
1. Your annual income has been $200,000+, for the past two years and you have the expectation of reaching the same income level this year.
2. Your joint income with your spouse has been $300,000+ for the past two years and you have the expectation of reaching the same income level this year.
3. Your individual net worth (or joint net worth with your spouse) exceeds $1,000,000, excluding your primary residence.
Investor accreditation requirements will depend solely upon our offering, but in general you are not required to be an accredited investor to invest in our offerings.
What is the minimum investment amount?
The minimum investment is dependent upon the offering, and can vary for each offering. Typically, the minimum investment amount will be $50,000- $100,000 per offering. Investments will be accepted on a first come first serve basis.
When do I usually start getting paid after I invest?
This will vary depending on the project. The distribution schedule will be outlined within the investment offering. In general, for existing assets, we offer monthly distributions to our investors, and for new development, distributions typically begin when the tenant starts paying rent.
Once I invest in an offering what can I expect?
Upon investing with BGI, you can expect to receive monthly investor reports that will update you on the performance of the project with financial data, and a summary discussing the execution of our business plan.