Acquisition, Investment, Development Criteria

 

Typically looking to invest capital in Land located in the path of future growth, value add opportunities in both anchored retail and class B and C apartments.  For development opportunities LCA is focusing on pioneering multifamily sites in primary and secondary markets. The more difficult the deal the better.

 

Primary focus of investments along the I-4 and 1-95  corridor from Tampa to Jacksonville. Targeted submarkets include western Central Florida (Clermont, Mineola, Four Corners), East Orlando, Northern I-4 corridor (Debary, Deland, Orange City, Port Orange), North Hillsboro and Pasco Counties as well as Flagler and St. Johns Counties.

 

Investments generally range from $3 Million to $25 million with an ability to buy and develop on an all cash basis.  LCA will also consider acquiring distressed financing and taking the underlying debt through the foreclosure process to ownership.