Investment Criteria
Industry Focus: consumer, manufacturing, technology, telecom and real estate.
We look for strong, established management teams;
Leading market share franchises or control of a defined market niche; and
Predictable cash flow. We look for distressed companies with a great potential for a turn-around.
Real Estate Transaction Criteria
Debt
· Deal size: $ 5-100 Million
· Debt Pricing: 60-80% of par value. Effective Yield: 10-15% (Institutional lenders demand 7.5% to 9% for secured loans. Unsecured debt can cost in the double digits, if it is available)
· Term: 3-10 years
· Collateral: residential and commercial projects.
· Location: First Priority: New York City; Second Priority: East Coast.
· Right of first refusal/call option on the Collateral
Residential – Income generating properties
· Location: Metropolitan areas. First Priority: New York City and Miami ; Second Priority: East Coast.
· Strong market fundamentals.
· Population: sustainable renter population and stable labor market
· Strong market fundamentals.
· Exit strategies.
· Deal Size -$10 to $100 million
· Leverage - 40-80% of total acquisition price. Preference shall be given to debt assumption at attractive terms.
Office building
· New York City.
· Class B and Class C
· Minimum cap rate of 7.5%
· Strong fundamentals
· Deal Size -$10 to $50 million
· Leverage - 50-85% of total acquisition price. Preference shall be given to debt assumption at attractive terms.
We look for strong, established management teams;
Leading market share franchises or control of a defined market niche; and
Predictable cash flow. We look for distressed companies with a great potential for a turn-around.
Real Estate Transaction Criteria
Debt
· Deal size: $ 5-100 Million
· Debt Pricing: 60-80% of par value. Effective Yield: 10-15% (Institutional lenders demand 7.5% to 9% for secured loans. Unsecured debt can cost in the double digits, if it is available)
· Term: 3-10 years
· Collateral: residential and commercial projects.
· Location: First Priority: New York City; Second Priority: East Coast.
· Right of first refusal/call option on the Collateral
Residential – Income generating properties
· Location: Metropolitan areas. First Priority: New York City and Miami ; Second Priority: East Coast.
· Strong market fundamentals.
· Population: sustainable renter population and stable labor market
· Strong market fundamentals.
· Exit strategies.
· Deal Size -$10 to $100 million
· Leverage - 40-80% of total acquisition price. Preference shall be given to debt assumption at attractive terms.
Office building
· New York City.
· Class B and Class C
· Minimum cap rate of 7.5%
· Strong fundamentals
· Deal Size -$10 to $50 million
· Leverage - 50-85% of total acquisition price. Preference shall be given to debt assumption at attractive terms.
| dcm_deal_criteria.pdf |
| dcm_-real_estate_transaction_criteria_0910.pdf |
