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Broker Relationships Preserved

Essential to the First Capital investment strategy of delivering superior returns is FCP’s preservation of the broker-client relationship.  When on the buy-side of a transaction, FCP protects broker commissions; FCP does not seek to share or cooperate in broker commissions.  FCP also protects broker commissions when it decides to dispose of an asset.  FCP engages the brokerage community by listing its properties with outside brokers who are experts in their particular markets, usually listing its properties with the broker from whom the asset was purchased.  Even further, in certain circumstances, FCP encourages our broker partners the opportunity to co-invest with us.

 


Commercial Acquisition Criteria

FCP’s primary acquisition strategy is to acquire value-add, multi-family and commercial properties located in areas with high barriers to entry and high population growth. The company’s secondary acquisition strategy is to purchase stabilized properties with above average cash flow in the same areas.

  • Acquisition Price: $2,000,000 +
  • Size: 15,000 S.F. or greater
  • Preferred Retail Locations: California, Florida, Texas, Chicago, Seattle, Portland
  • Preferred Office Locations: Southern California, Seattle, Denver
  • Physical Quality: A/B
  • Location Quality: A/B/C
  • Current Cap Rate: No requirement for value add; 6.5 – 8% + (depending on quality) for stabilized
  • Leveraged 3 Year IRR: 18% + IRR for value added properties
  • Cash on Cash: 6-8% + for stabilized properties (depending on quality)
    If you have listed any properties fitting the above criteria, please contact us.



Multi-Family Acquisition Criteria

FCP’s primary acquisition strategy is to purchase value-added, multi-family and commercial properties located within high barrier to entry, infill and high population growth markets. The company’s secondary acquisition strategy is to purchase stabilized properties with an above average cash flow in the same areas.

  • Acquisition Price: $2,000,000 +
  • Number of Units: 15 or greater
  • Preferred Areas: Southern California, Washington, Oregon
  • Physical Quality: A/B/C
  • Location Quality: A/B
  • Current Cap Rate: No requirement for value add; 6.0% + (depending on quality) for stabilized
  • Leveraged 3 Year IRR: 18% + for value add properties
  • Cash on Cash: 6-8% + for stabilized properties (depending on quality)

 

 

If you have listed any properties fitting the above criteria, please contact us.

We engage the brokerage community by listing our properties with outside brokers who are experts in their particular markets, usually listing our properties with the broker from whom the asset was purchased.