PRIVATE PLACEMENT, REAL ESTATE
Chris Palermo
First National Realty Partners
About Chris
Chris's Videos
Join First National Realty Partners' founder and managing principal, Chris Palermo, as he presents a company overview, the benefits of investing in grocery-anchored commercial real estate, and unveils one of our recent acquisitions, Dauphin Plaza.
First National Realty Partners, one of the nation's premier sponsors of commercial real estate partnerships, is proud to present the opportunity to invest in a grocery-anchored multi-tenant shopping center located in Harrisburg, Pennsylvania. Dauphin Plaza is a 92% occupied, institutional quality, market dominant, 215,735 square foot grocery-anchored shopping center.
Dauphin Plaza is anchored by a Price Rite, generating strong foot traffic and annual sales. This center also features many other high-quality, national tenants including Big Lots, Ashley Furniture, Crunch Fitness, Dollar General, Waffle House, Subway, Weight Watchers, and H&R Block.
This property will provide investors with the opportunity to earn long-term cash distributions with exciting potential for upside through the execution of several value-add tactics.
Financial Projections:
- 12% Targeted Annual Return
- 8% Targeted Avg. Annual Cash Distribution
- 1.65x Targeted Equity Multiple
- 5-Year Targeted Hold
Join First National Realty Partners' co-founder and managing principal, Chris Palermo, as he unveils the FNRP Grocery-Anchored Opportunity Fund.
The First National Realty Partners' Opportunity fund provides investors with a guaranteed placement into its future syndicated deals. The company is currently raising $5M this month for the Opportunity Fund and will likely be fully subscribed during the Fund Launch Webinar.
Financial Projections:
- 12-18% IRR
- 6-9% Cash Distributions Paid Quarterly
- $5M raise in the month of September
- 3-7 Year Average Hold
Why First National's Investors Love the Opportunity Fund:
- The fund is comprised of the top 0.1% of on-and-off-market grocery-anchored CRE in the US
- Daily-use, high-credit tenants are generally stable and predictable
- Investors benefit from multiple properties in cities across the country