Investment Strategies

Debt/Equity Industrial Partnerships

These development partnerships are created to develop multi tenant industrial projects ranging in size between 100,000 sf and 250,000 sf. The developments are capitalized through two sources of funding, investors equity and third party interim debt. The third party interim debt will typically be 65% to 80% of the total partnership capitalization with investor equity being 20% to 35%. Any guaranties required on the interim or long term debt will be handled by Miramar Development.

These partnerships are created to acquire land for multi-phased industrial park developments in conjunction with the building development partnerships. The partnerships are capitalized through third party interim debt and investor equity. The third party interim debt will vary between 50% and 65% of the total development capitalization and the investor equity will be the remaining 35% to 50%. The leverage used in these transactions allows investors to receive strong equity returns on their investments in a short period of time as the industrial park is developed.

Build to Suit Partnerships

Partnerships created to develop properties for specific tenants. These developments are capitalized with third party interim debt and investor equity. The investor equity is 10% to 15% of the total development capitalization with the third party interim debt filling in the difference. Developments are usually pre sold or long term third party debt is arranged.