DEVELOPING COMMUNITIES
ACHIEVING GROWTH
OVERVIEW
IMIR Real Estate is a privately-owned real estate investment company organized in 2006. Our company identifies, structures, executes and actively manages real estate for institutional and private clients. We specialize in repositioning distressed and underperforming multifamily properties into investment grade assets that produce high yield risk-adjusted returns.
Over the past 10 years, IMIR Real Estate has co-sponsored real estate investment funds totaling $25 Million and has co-managed a 1,200-unit apartment portfolio with $40 Million of total assets under management.
INVESTMENT STRATEGY
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Focus on existing value-added investments
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New development opportunities
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Small to mid-cap sized transactions
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Equity commitment of $100K to $5M
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Mid to high teen internal rates of return
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Multiple of 1.5 times its initial investment
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Debt leverage of 70-75% of cost
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3-7 year hold period
SERVICES
At IMIR Real Estate, we take a Value-Add and Opportunistic Approach that involves:
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Multi-family
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Seeking locations where high barriers to entry create additional value
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Supply constrained urban and suburban markets
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Properties where location and/or scale create the greatest opportunity for landlord pricing power
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Under-developed sites where increasing density is likely to be feasible during the projected hold period
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Distressed opportunities
APPRAISALS
IMIR Appraisal Co. is at the forefront of advancement in real estate due diligence strategies having been built on a commitment to deadlines and innovation. We are committed to quality appraisal work being delivered on time allowing us to grow as a provider of quality real estate valuation services.
We have experience in a wide range of valuation and market feasibility applications. When it comes to Real Estate Appraisals, Market Studies, Rent Comparability Studies, Capital Needs Assessments, Physical Condition Assessments, our staff has the expertise to service your needs. Our staff is committed to providing you with comprehensive appraisal reports in the quickest amount of time.
CONTACT
800 Village Square Crossing, Ste. 334
Palm Beach Gardens, FL 33410
Tel: 561.207.6186