Investment Criteria
Site Selection & Investment Team
TOPAZ and its affiliate companies are continually seeking high-conviction opportunities that align with our investment strategy and expertise. Our primary focus includes multifamily, build-to-rent, townhomes, industrial outdoor storage (IOS), and low-coverage industrial assets—covering both income-producing and non-income-producing Class A & B properties and communities. We target primary and secondary markets throughout Florida, Georgia, South Carolina, and North Carolina, emphasizing regions with strong job and population growth.
While most of our acquisitions are secured with competitive financing, we also leverage specialty financing arrangements or transfer partnership interests in lieu of traditional mortgages when collaborating with strategic financing partners.
- Offers a keen ability to identify and reposition transitional assets.
- Simplifies the development process that is often subject to complicated and challenging architectural, financial, and legal barriers.
- Effectively manages the many processes from investment selection and deal structuring to planning and zoning compliance to successful development and completion of projects.
- Ensures long-term viability and profitability for every project selected and acquired.
- Aims to maximize returns, with their extensive and unrivalled expertise in land selection, specifically focusing on areas of recent high growth.
- Offers a keen ability to identify and reposition transitional assets. Constantly seeks multi-family and commercial development and repositioning opportunities, with or without permits and project plan approvals.
Site Selection Criteria
We’ve never failed to close a contracted deal—and our large roster of repeat equity investors, servicers, and lenders enables us to move quickly on each transaction.
Property Type
Multifamily
Build-to-Rent
Townhomes
Industrial Outdoor Storage (IOS)
Low-Coverage Industrial Assets
Strategy
Stable cash-flowing with upside, opportunistic multi-family development, repositioning and value-added transactions
Deal Size
$20 to $200 million total project costs, but smaller and larger transactions considered
Format
Acquisitions of 100% fee simple and majority fractured interest, partnership buyouts, and joint ventures on a selection basis
Other
Workouts, foreclosures, partnership buyouts, sub-performing, and non-performing considered
Investment Criteria
Target Markets
- All Florida MSAs with populations over 500,000 — excluding the Panhandle.
- Select MSAs in Georgia, South Carolina, and North Carolina.
Deal size and format
- $20 to $200 million total project costs, but smaller and larger transactions considered
- Acquisitions of 100% fee simple and majority fractured interest, partnership buyouts, and joint ventures on a selection basis
VINTAGE & STRATEGIES
- 1985 or Newer Product (varying from value-add to turn-key to lease-up to fully stabilized plays)
- New Construction (low basis and below replacement cost cash flow plays in the best submarkets of each Florida Metro)
- Bulk Condominium and Majority Fractured Sales
- Non-Performing Note Acquisitions and Financing
Contact Us
If you have a property that meets our criteria or if you have an investment opportunity for us to consider, please send your prospectus to info@TopazCG.com for more information.