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Agree Realty Corporation
Equity Investment Parameters
Agree Realty Corporation collaborates with financial institutions, transaction intermediaries, real estate developers and other like-minded organizations to evaluate potential joint venture opportunities. Our well-positioned ability to infuse preferred equity combined with over 40 plus years of development expertise, complement strategic alliances in viable business endeavors.
| Project Type |
- New development of power centers, supermarket community centers
- New development of single tenant net leases (credit tenant)
- Redevelopments, lifestyle centers, mixed-use
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| Project Size |
- Single tenant to 1,000,000 square feet
- $2,000,000 - $50,000,000
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| Location |
- Metropolitan cities throughout the U.S.
- Secondary cities with limited entry for competition
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| Structure |
- Varies depending on project size, risk and development stage
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| Equity Contributors |
- ADC will invest 50-100% of the required equity
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| Construction Loan |
- Loans are non-recourse to ADC; fees for originating partner
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| Permanent Financing |
- Loans are non-recourse to ADC; fees for originating partner
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| Return on Costs |
- 10.5% - 12.0%; return requirements can vary based on pre-leasing, approvals and location
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| Preferred Returns |
- Each partner receives a preferred return on investment equity
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| Pre-Development Expenses |
- ADC will share in pre-development expenses
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| Fees |
- Paid based on each Partners' services provided
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