HOME   /   ABOUT   /   OUR PROPERTIES   /   INVESTOR RELATIONS   /   ACQUISITION CRITERIA   /   EMPLOYMENT   /   CONTACT


The Ferndale Realty Group will give serious consideration to acquiring properties with the following characteristics:


Location & Size

100 to 500-unit apartment communities throughout the United States with a focus on the Midwest and Colorado.


Asset Age

Prefer properties built prior to 1990 but will consider newer properties under the right circumstances.


Deal Structure

Typically, all-cash transactions but will consider assumption of debt if appropriate yields can be achieved.


    Submissions

    Notification of our preliminary interest in a property is generally within a few days of receipt of the following information.

    • Current Rent Roll
    • Operating statement from prior 24-36 month period
    • Property Description
    • Color Photographs (If Available)
    • Comparable Rent & Sale Information (If Available)
    • Current Tax Bill (If Available)
    • Marketing Materials (If Available)
    • Market Information (If Available)
    • Recent Appraisal (If Available)
    • Results of Detailed Property Inspection (If Available)
    • Summary Information On Existing Staff Responsibilities (If Available)
    • Financing Terms (If Applicable)