Acquisitions


With expertise in regional and local real estate markets, Greek Development provides a unique advantage for institutional and private clients interested in acquiring existing real estate assets. Whether seeking to acquire a single property or an existing portfolio, the FGD team offers a full range of services as a local agent and potential partner with the ability to co-invest in acquisitions as well as lease and manage the properties. With transactional experience in a multitude of regional and national markets, Greek Development can assist in quantifying market rents, identifying active tenant prospects, and applying its knowledge of local regulations to assist in complex decision making. Additionally, the FGD Construction division has a reputation for excellence and offers service and support with cost estimation, as well as performing renovation or replacement when required. Greek Development navigates the acquisition process by utilizing its extensive network of local attorneys, contractors, and banking affiliates throughout several regions in the United States.

Greek Development offers the following services to assist clients through the acquisition process:

  • Identifying potential acquisition targets depending on the client’s specific goals
  • Providing specific in-depth market studies, including comparable leases and sales
  • Underwriting the prospective financial performance of a target asset
  • Thorough due diligence including local, state and federal regulations
  • Estimating and underwriting costs of redevelopment, renovation, or the repositioning of a target asset
  • Offering options and acquiring financing to purchase assets
  • Negotiating leases and/or purchase contracts on behalf of institutional or private clients