Acquisitions

Charles Wayne Properties currently owns and manages a portfolio of real estate assets in excess of $200 million.

As a private, diversified real estate firm with years of experience, our acquisitions team selectively evaluates investment opportunities, exploring flexible transaction strategies that are advantageous for both buyer and seller in terms of tax, pricing, entity formation and ongoing operations.

While Charles Wayne Properties considers a variety of investments, the following is an overview of our typical criteria:

  • Property Type: Charles Wayne actively acquires office and retail assets on an individual or portfolio basis, including note sales and distressed assets.
  • Transaction Size: We generally consider transactions from approximately $2 million to $30 million, and others on a case-by-case basis.
  • Land: Charles Wayne considers commercial land parcels suitable for near-term retail development on a case-by-case basis.
  • Retail: Unanchored strip, anchored neighborhood centers and power centers with upside and/or redevelopment potential.  We will also consider well-located centers with vacant anchor space in primary and secondary markets.
  • Office: Class B and C office, or office/flex space with upside and/or redevelopment potential
  • Geography: Primary focus is within approximately two to three hours from Orlando or Daytona Beach, Florida.  Charles Wayne does review other geographic opportunities on a case-by-case basis.
  • Debt: Opportunistic note purchases are considered, with a focus on note purchases or recapitalizations in partnership with distressed borrowers.
  • Structure: Flexible. Charles Wayne Properties can react and adapt to seller preferences by structuring the best transaction for all parties involved, whether this is an outright 100% fee simple purchase, 1031 exchange, or joint venture.