CORE Pacific Advisors
In terms of property types, CPA generally acquires quality middle-market office, industrial and multi-family assets. The proven stability of these assets can provide a particularly strong foundation for institutional quality portfolios in all market cycles. By acquiring low and moderate risk investment grade properties with high current cash flow, CPA’s proactive asset and property management can help increase net operating income (NOI) and add value throughout the investment process.
Of course, creating value for investors starts with acquiring the right properties at the right prices. CPA seeks to acquire commercial real estate on a “principal-to-principal” basis or through off-market transactions, in which CPA can negotiate directly with the seller or principal owner rather than a middle man. This strategy enables CPA to acquire institutional quality real estate at what may be considered a discount to full market value. By acquiring investments at prices below intrinsic value, CPA can create an immediate margin of safety for investors while positioning them for higher return potential.
While CPA plans to offer a diverse line of real estate investment programs to help investors achieve their financial goals, the company’s primary focus is on core and value-add real estate. This allows CPA to create institutional quality portfolios that have the potential to outperform the market while managing risk.
CPA targets investment properties that are strategically located in stable and recovering markets with strong commitments to infrastructure. Through constant market analysis and due diligence, CPA searches for assets that are well positioned in markets that will directly or indirectly benefit from ongoing or future economic expansion.
CPA’s acquisitions team reviews hundreds of millions of dollars of commercial real estate properties in target markets nationwide each month to identify the investment opportunities that are consistent with our investors’ objectives. In determining whether or not to invest in an asset, CPA follows an investment philosophy based on three fundamental principles designed to help control risk, maximize opportunity and capture value in a real estate investment.
Risk can be controlled through meticulous due diligence and research.
Investment decisions are based on an in-depth analysis of both the market and operational factors that will affect the performance of each asset over the investment lifecycle. By analyzing all the factors, CPA can create and implement an investment strategy that effectively mitigates risk.
Value can be maximized through diligent oversight and strong internal controls.
CPA’s investment committee and portfolio managers are actively involved in the implementation of each asset’s customized investment strategy in order to maximize revenue and control operating and capital expenses during its ownership.
Investment opportunities exist in all market cycles.
There is opportunity for investors in all phases of real estate market cycles. CPA’s understanding of how assets perform in these different economic cycles enables it to identify opportunities and strategies that are appropriate to current conditions and thereby maximize return potential for investors.