Residential Investment Criteria
Borstein’s residential division provides joint venture and debt financing to land developers and merchant builders. Build-out projects range from 20 to 200 lots while entitlement and land development ventures include master planned communities. The company typically finances 15-20 projects at any point in time and also directly acquires unentitled land for for placement into joint ventures with various partners. We are aggressively seeking investment opportunities and acquisitions focusing on the following product types, markets and general acquisition parameters:
DEAL STRUCTURES
- Joint Venture Equity Financing to Land Developers and Home Builders
- Co-Invest Equity on Large Transactions and/or Cross Collateralized Properties
- Land, Development and Construction Loans for Residential Subdivisions
TARGET MARKETS
- Southern California & Select Areas in Central and Northern California
- First-time and Move-up Homebuyers
INVESTMENT SIZE & TIMING
- Equity Transactions: $2.0 Million to $20.0 Million Per Project
- Debt Transactions: $5.0 Million to $30.0 Million Per Loan
- Short and Medium Term Investments of 1 to 3 Years
PRODUCT & PROPERTY TYPES
- Single Family, Small Lot and Townhome Product
- Finished Lots, Partially Finished Lots, Tentative Maps and Unentitled Land in Infill Markets
Please Submit Joint Venture Opportunities To:
- Owen Fabian
- owen@borsteinenterprises.com
- T 310-582-1991 x205
- Vcard Download
Please Submit Direct Land Purchase Opportunities To:
- Erik Pfahler
- erik@borsteinenterprises.com
- T 310-582-1991 x203
- Vcard Download
Select Past and Present Investments
Present
Past