TCIS (CA LIC # 6010227) is a property and casualty insurance agency writing personal and commercial policies for clients and business located through the continental United States. Stealing Stratetic Partners is an innovative, relationship-focused, private real estate equity fund manager, dedicated to acquiring, re-structuring, and managing factional ownership in value-added commercial and industr
ial real estate investment properties. Partnership at its Best…
The partner’s of Sterling REEP are built upon personal and working relationships that span multiple decades and valuation cycles beginning in the 1970’s. They each possess an average of over 30 years of experience in commercial and industrial real estate acquisition, disposition, development, construction, leasing, finance, investment, asset management, and collectively have managed operations in most major United States markets. Sterling REEP’s collective tenure and reputation in the real estate industry has produced a network of relationships with real estate brokers, developers, financial institutions, and other key real estate players that assist in generating opportunities to their client base. Sterling REEP is backed by the capital strength and strategic support of its individual men and women, business entities, and other investors (as allowed by law); many of which invest purchasing multiple units…within multiple funds. Fiduciary Responsibility and Risk Mitigation to our Clients…
Sterling REEP employs a focused and disciplined investment approach, driven solely by the objective of maximizing returns and minimizing risks to investors. The firm utilizes the following five (5) step formula in evaluating each investment:
1. Industry Network – The Sterling REEP team has developed extensive relationships with property owners, operating partners, lenders, brokers, and investors, who have helped source the majority of its investments which is expected to provide a continuing competitive advantage to the Firm.
2. Commitment – Sterling REEP’s first priority in selecting an investment property is to develop a thorough understanding of the real estate and its related market. This evaluation encompasses financial analysis, design, cost, competition, access and location. The firm will only pursue an investment where the real estate offers a significant “value added” opportunity for attractive returns. It assesses what could go wrong with any potential investment and examines the implications of various adverse scenarios. Finally, Sterling REEP evaluates the likelihood of exiting the investment within a reasonable timeframe and on attractive terms.
3. Structure – Sterling REEP carefully structures all investments with a focus on capital preservation, followed by priority return on invested capital and ultimately, profitability. These concerns guide governance and control of major decisions. Investment criteria limit Sterling REEP to only invest in properties where the financial projections put forth an eight percent (8%) cash on cash return or better, with an even great IRR.
4. Strategic Plan – Sterling REEP and its fund investors jointly approve a business plan prior to the commitment of capital. Thereafter, Sterling REEP is in complete control of the asset management and, the ex*****on of the business plan. The Partners’ extensive development and operational experience across diverse markets equips them to pursue and create value in a wide range of real estate opportunities. By working with the sponsor repositioning, rebranding, re-tenanting, optimizing the capital structures, and upgrading human resources, Sterling REEP seeks to maximize the potential of each investment.
5. Exit – Sterling REEP forms an exit strategy as an integral part of the original business plan. While the initial plan is to hold each investment for a term of five (5) years or longer, the team continually monitors the broader market for opportunistic selling environments and will undertake a sale when appropriate, even if such sale is prior to completion of the project’s original business plan. Strong Relationships Built through Solid Investments...
Sterling REEP invests through multiple fund structures and anticipates total investments during the first five years of its operations to be in excess of $100 million of equity capital. The firm typically pursues opportunities requiring $2 - $5 million in equity capital, and each investment is underwritten and examined by the partners, legal, accounting and investment committee prior to investing fund capital. Professional Oversight and Transparency…
To provide professional oversight the partners of Sterling REEP have engaged the services of William H. Bissell, Esquire (William H. Bissell & Associates) to provide legal oversight, and Jeff Olson, CPA and partner in Skinner Fouch & Olson, LLP to provide accounting oversight to the firm. Sterling REEP is committed to continuous “transparency” for each and every transaction and the service it provides to its investors, tenants, and vendors. For more information about Sterling REEP…
For more information about Sterling Real Estate Equity Partners, LLC and their available fund participation, please contact one of the following principals M. Craig Lyon, B. Ross Pfautz or C. Thomas Ruppert at (949) 757-1234.
