MidPacific Co-Investment Program
Co-Investment is the opportunity for interested parties to invest with MidPacific in select, institutional quality commercial real estate investments throughout the United States.
In its role as the managing member of co-investments, MidPacific identifies investment opportunities, performs market research and due diligence services, secures financing, and oversees all closing activities related to transactions.
Following acquisition, Persis will asset manage investments, continually monitoring capital markets, evaluating exit opportunities, and executing upon disposition strategies.
Benefits of Co-Investment
Deal Flow: Direct deal flow from developers provides co-investors with access to quality assets at non-frictional prices. MidPacific actively pursues acquisitions of developer build-to-suit and spec developements programs at no frictional cost to developers.
Expertise/Experience: MidPacific is actively engaged in acquisitions and dispositions on a daily basis. This high level of activity benefits its negotiations with developers and lenders and creates responsive vendors. Cost efficiencies are also able to be realized in all phases and aspects of transactions.
Time and Energy: MidPacific invests the time and energy necessary to identify opportunities and to convert opportunities to succesful transactions.
Managing Member Capital: MidPacific invests its own equity in each transaction with its co-investors.
Access to Capital: MidPacific sources debt directly from life insurance companies, pensions, and CMBS originators. MPAA provides the volume necessary to gain lenders’ attention, tight pricing and responsive deal/closing teams and does so at no frictional cost to the lender.
Experience
MidPacific Directors have been acquiring institutional quality real estate on behalf of their clients since 1997.
MidPacific acquisition, disposition, leasing, and recapitalization activity has totaled over 6.5 million square feet.
MidPacific has completed over $500 million in property acquisitions and dispositions.
MidPacific is the asset manager for over 2.0 million square feet of commercial property.
Investment Criteria
MidPacific seeks out institutional quality real estate investments.
Typical investment criteria:
- Transaction size between $5 and $50 million
- Location within a primary or secondary U.S. metropolitan area
- Strategic market location (within metro area)
- Improving rent and occupancy trends within market
- Modern and functional design of improvements
- Credit worthy tenants
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