investment sales

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Investment Sales

Investment sales is the disposition of income-producing properties. The TrueRate investment sales team’s unique New York City location and access to leading-edge technology allows for us to sell properties across the country. The team is deeply experienced across all asset types and has created and maintained strong relationships across the U.S. The sales team identifies the most highly probable buyers across multiple market layers for any given listing through its local, national, and NY focused database. This network provides our clients with the most amount of exposure, which leads to more offers in writing, and ultimately the highest prices possible with the best terms.
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Who are the Key Stakeholders in the Investment Sales Process?

There are several stakeholders that make up investment sales: buyers, who are interested in purchasing the property. Sellers, the current owners of the property, and brokers, the middlemen who facilitate the process of buying and selling investment sales properties.

What are the Elements of Investment Sales?

  1. Market analysis: Understanding the current state of the commercial real estate market and identifying trends and opportunities.
  2. Property valuation: Determining the fair market value of the property being sold, taking into account factors such as location, size, condition, and rental income.
  3. Due diligence: Careful examination of the property and its financial and legal aspects, including a review of title, zoning, environmental conditions, and tenant leases.
  4. Marketing: Presenting the property to potential buyers and attracting interest through advertising, conducting tours, and other marketing efforts.
  5. Negotiations: Working with potential buyers to reach an agreement on the terms of the sale, including the purchase price, financing options, and other conditions of the sale.
  6. Closing: Completing the transaction by executing the necessary legal documents, transferring ownership of the property, and disbursing the funds.
  7. Post-closing support: Providing ongoing support and assistance to the buyer and seller after the sale has closed, including assistance with property management, financing, 1031 exchange, and other related services.

How does TrueRate Integrate Data into Investment Sales?

Through our live data APIs and dynamic models, our team delivers the most accurate baseline of value to market your property. Our team of experts utilizes comparable properties, normalized NOI’s, realistic future views on capital expenditures, and closing costs to ensure the most accurate valuation and best possible outcome for our clients. Through our data-driven approach, we are able to identify the buyers who have the highest propensity to transact across multiple market layers.

What Types of Services does TrueRate Investment Sales offer?

TrueRate Investment Sales offers several services including investment advisory and deal execution. Once a listing crosses our desk, the team utilizes all available information on the property to pinpoint the optimal buyer to achieve the best terms and price. We are able to deduce market rents by benchmarking rental rates at various properties within a three-mile radius. Next, economic occupancy and expense levels are benchmarked from asset management portals and cap rates are cataloged using proprietary multi-factor algorithms. Through a combination of market research and financial analysis, our team is able to value a property, negotiate the best terms, and close quickly. By leveraging market research and marketing collateral - including curated email blasts, flyers, and social media exposure - our team is able to garner a higher level of interest from our wide network of buyers to facilitate the buying and selling process for investment sales properties.

Our Expertise

Our Investment Sales brokerage team is deeply experienced in all asset types nationwide and has broad networks on buyers across the U.S. This network provides sellers with more exposure on both local and national levels to buyers for their property. By working with our team, sellers gain access to niche new york metro buyers. This results in greater eyes on each listing, more offers in writing, a competitive bidding environment, and the highest price with the best terms in the shortest amount of time.

Vast Experience in a Variety of Disciplines

Our brokers are experts in executing across all asset classes nationwide. Our model is geared towards valuing properties in a manner consistent with how scaled buyers value assets. Specifically, it is most levered to comparable property rents, economic occupancy, operating expenses, and cap rates. By collecting this information and curating our approach to each individual property, our team is able to put the best deals in front of the optimal buyers, guaranteeing a seamless deal process. 

What is the Process of Investment Sales?

The process of investment sales refers to the sale of commercial properties that are purchased for investment purposes, such as generating rental income, appreciation, or both. These transactions typically involve the transfer of ownership of a commercial property from one party to another, with the primary focus being on the property's potential for generating income and appreciation. Investment sales in commercial real estate can include properties such as office buildings, retail centers, apartment buildings, hotels, and other income-producing properties. The parties involved in investment sales transactions may include real estate investors, property owners, developers, real estate agents, and commercial real estate lenders. Investment sales transactions in commercial real estate typically involve significant amounts of capital and are complex, requiring a thorough understanding of the market, the property, and the financial and legal considerations involved. Investment sales in commercial real estate provide a mechanism for real estate investors to acquire and manage income-generating properties and play a critical role in the overall commercial real estate market.

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Who are the Key Stakeholders in the Investment Sales Process?

There are several stakeholders that make up investment sales: buyers, who are interested in purchasing the property. Sellers, the current owners of the property, and brokers, the middlemen who facilitate the process of buying and selling investment sales properties.

What are the Elements of Investment Sales?

  1. Market analysis: Understanding the current state of the commercial real estate market and identifying trends and opportunities.
  2. Property valuation: Determining the fair market value of the property being sold, taking into account factors such as location, size, condition, and rental income.
  3. Due diligence: Careful examination of the property and its financial and legal aspects, including a review of title, zoning, environmental conditions, and tenant leases.
  4. Marketing: Presenting the property to potential buyers and attracting interest through advertising, conducting tours, and other marketing efforts.
  5. Negotiations: Working with potential buyers to reach an agreement on the terms of the sale, including the purchase price, financing options, and other conditions of the sale.
  6. Closing: Completing the transaction by executing the necessary legal documents, transferring ownership of the property, and disbursing the funds.
  7. Post-closing support: Providing ongoing support and assistance to the buyer and seller after the sale has closed, including assistance with property management, financing, 1031 exchange, and other related services.

How does TrueRate Integrate Data into Investment Sales?

Through our live data APIs and dynamic models, our team delivers the most accurate baseline of value to market your property. Our team of experts utilizes comparable properties, normalized NOI’s, realistic future views on capital expenditures, and closing costs to ensure the most accurate valuation and best possible outcome for our clients. Through our data-driven approach, we are able to identify the buyers who have the highest propensity to transact across multiple market layers.

What Types of Services does TrueRate Investment Sales offer?

TrueRate Investment Sales offers several services including investment advisory and deal execution. Once a listing crosses our desk, the team utilizes all available information on the property to pinpoint the optimal buyer to achieve the best terms and price. We are able to deduce market rents by benchmarking rental rates at various properties within a three-mile radius. Next, economic occupancy and expense levels are benchmarked from asset management portals and cap rates are cataloged using proprietary multi-factor algorithms. Through a combination of market research and financial analysis, our team is able to value a property, negotiate the best terms, and close quickly. By leveraging market research and marketing collateral - including curated email blasts, flyers, and social media exposure - our team is able to garner a higher level of interest from our wide network of buyers to facilitate the buying and selling process for investment sales properties.

Our Expertise

Our Investment Sales brokerage team is deeply experienced in all asset types nationwide and has broad networks on buyers across the U.S. This network provides sellers with more exposure on both local and national levels to buyers for their property. By working with our team, sellers gain access to niche new york metro buyers. This results in greater eyes on each listing, more offers in writing, a competitive bidding environment, and the highest price with the best terms in the shortest amount of time.

Vast Experience in a Variety of Disciplines

Our brokers are experts in executing across all asset classes nationwide. Our model is geared towards valuing properties in a manner consistent with how scaled buyers value assets. Specifically, it is most levered to comparable property rents, economic occupancy, operating expenses, and cap rates. By collecting this information and curating our approach to each individual property, our team is able to put the best deals in front of the optimal buyers, guaranteeing a seamless deal process. 

What is the Process of Investment Sales?

The process of investment sales refers to the sale of commercial properties that are purchased for investment purposes, such as generating rental income, appreciation, or both. These transactions typically involve the transfer of ownership of a commercial property from one party to another, with the primary focus being on the property's potential for generating income and appreciation. Investment sales in commercial real estate can include properties such as office buildings, retail centers, apartment buildings, hotels, and other income-producing properties. The parties involved in investment sales transactions may include real estate investors, property owners, developers, real estate agents, and commercial real estate lenders. Investment sales transactions in commercial real estate typically involve significant amounts of capital and are complex, requiring a thorough understanding of the market, the property, and the financial and legal considerations involved. Investment sales in commercial real estate provide a mechanism for real estate investors to acquire and manage income-generating properties and play a critical role in the overall commercial real estate market.

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Elements of Investment Sales
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Data Integration
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Our Services
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What we do
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Investment Sales Overview
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Exclusive Listings
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Off-Market Listings

Multifamily
Providence, RI
80
units
SF
See NDA
  • 80 multifamily units in Providence, Rhode Island
  • The property is a mix of 1 BR, 2 BR, and 3 BR units
  • 70’s vintage asset, but there is very little deferred maintenance as about all but one of the units has been renovated to include a combination of the following     upgrades: new windows, stainless steel appliances, granite countertops, oak cabinets, new tub/shower, tile flooring, and in unit washer/dryer
  • Pricing guidance is $16,350,000 and an 7.29% in place cap rate

Multifamily
Rock Island Submarket, IL
120
units
SF
See NDA
  • 120 multi-family units for sale off-market in the Rock Island Submarket
  • The property is 1960’s vintage and has undergone approximately $1.1 million in capex  
  • Roughly 53% of units have experienced renovations and there is proven future upside
  • Pricing guidance is $49K/unit which equals a 7.22% in-place cap rate and a 11% pro-forma cap rate

Multifamily
Houston, TX
120
units
SF
See NDA
  • 120 units for sale off-market in Houston, TX
  • The property features uniquely large units, open kitchens, full size W/D connections in a separate utility room and large private patios
  • This is a B class asset that was built after 1980 with a very attractive unit mix
  • The asset is cash flowing strongly with a large portion of renovated units receiving $1,350 in monthly rent
  • Pricing guidance is $18,000,000 - 6.52% in-place cap rate
  • The cap rate factors in yearly insurance of $1,550 per unit per year and the current taxes of $1,655 per unit per year

Multifamily
Quad Cities, IA & IL
235
units
SF
See NDA
  • 3-property, 235-unit multi-family property portfolio for sale off-market in the Quad Cities
  • Significant capex has been recently spent on all three properties by current ownership, totaling $739,000
  • All three properties have assumable debt totaling 63% LTV with a weighted interest rate of 4.34%. One of the loans matures in 2031 and the other two mature in 2042
  • Pricing Guidance for the portfolio is $66K/Unit and an in-place 6.22% cap rate
Multifamily
Houston, TX
160
units
SF
See NDA
  • The property consists of studios, one's- and two-bedroom apartments
  • Attractive amenities such as air conditioning, balconies/patios, ceiling fans, and covered parking
  • Community amenities include two swimming pools, a fitness center, a dog park, assigned parking, and a business center
  • Upside potential exists as there is a $275 gap between average rent/unit and max rent/unit
  • Pricing guidance is now $90K/Unit and a 6.69% cap rate based off T-3 financials

Multifamily
Davenport, Iowa
115
units
SF
See NDA
  • 115-unit multi-family property for sale off-market in Davenport, Iowa
  • 65% of the units have experienced a full or light renovation. Other major upgrades include decking improvement, painting, new boiler installations, and upgrade of exteriors
  • In total, $444,000 of capex has been recently spent by current ownership
  • There is attractive assumable Freddie Mac financing in-place with the following terms: 58% LTV, 3.78% interest rate, 8 years remaining on the term, 30-year amortization
  • Pricing guidance is $58K/unit and an in-place 7.11% cap rate

Multifamily
Kenosha, WI
28
units
SF
See NDA
  • 28 multi-family units for sale off-market in Kenosha, Wisconsin
  • The units are all 2-bedroom/1-bath with individual furnaces and hot water tanks
  • Roughly 23 units have been updated within the past 5 years, majority including hardwood floors
  • Pricing guidance is an in-place 7.66% cap rate

Multifamily
Houston, TX
180
units
SF
See NDA
  • 180 units for sale off-market in Houston, TX
  • The seller is selling due to the unfavorable loan on the property
  • They have fully renovated 57% of the units and have partially renovated 24% of the units and have put in a total of $2,300,000 in CAPEX
  • Achieving an economic occupancy of 90% with their current average rents, adjusted insurance and taxes would now put the stabilized NOI at $1,650,000
  • The pricing guidance is $23,000,000 and it is a 7.2% stabilized cap rate at the pricing guidance
Retail
Westport, Connecticut
units
17,000
SF
See NDA
  • 17,000 square foot retail property for sale in Westport, Connecticut
  • The property is 100% leased containing 3 tenants. 2 of the tenants are on triple net leases
  • The property was recently 100% renovated and is in excellent condition
  • Westport is a very attractive location with a 1-mile MHI of over $209,000
  • There is existing debt in place that is assumable at 58% LTV with a 4.62% interest rate
  • Pricing guidance for this deal is $11,250,000 - $648/SF & 6.19% cap rate

Multifamily
Brooklyn, NY
160
units
SF
See NDA
  • Over 160 multi-family units for sale in Brooklyn, NY
  • The properties consist of 3 separate elevator apartment buildings located in southcentral and southwest neighborhoods of BK
  • The assets can be sold separately or together
  • This is a rare opportunity to acquire well maintained properties in a supply constrained market, with artificially below market rents, substantially below     replacement cost
  • There is significant long-term upside, along with a mix of free-market units, and a large portion of units operating on preferential rents

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Meet
the Team
Our investment sales team is led by the top brokers from leading firms in commercial real estate; they have advised owners and sponsors in the acquisition and disposition of over $500MM in CRE across the nation in all asset types, including multifamily, retail, and industrial to name a few.
How we do itImage
Experience Our Value
1
Live Data at Our Fingertips
Through our live data APIs and dynamic models, our team delivers the most accurate baseline of value to market your property. Our team of experts utilizes comparable properties, normalized NOI’s, realistic future views on capital expenditures, and closing costs to ensure the most accurate valuation and best possible outcome for our clients.
2
Predictive Model on Propensity to Transact
In combination with our carefully calculated models is our tailored approach. Based on this predictive model, our team will target the most active buyers over the past 12 months at the local and national levels with the propensity to transact.
3
Exposing the Property to the Widest Variety of Buyers
Through tiered marketing campaigns, we begin by exposing the property to buyers with an investment thesis that matches each opportunity. Next, we market the property to secondary and tertiary layers of investors that are harder to find. Our database has the most complete and up-to-date information on owners and sponsors in the market.
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FAQS
What Our Clients Say

"Sam was on top of it from the moment we gave him the go-ahead to start marketing. He treated us very well and made our sale feel like a priority. He was communicative and attentive to us throughout the process and we would certainly recommend him and your company to anyone that asks."

Jonathan B.
What Our Clients Say

“For my Walmart Supercenter in suburban Milwaukee, the Sam Finkler/Audley Clarke TrueRate team brought me multiple offers at full asking price and we succeeded in transacting smoothly with one of those buyers, a highly credible party of longstanding repute. For our property consisting of 1,100 apartments in three high-rise towers, which we hadn’t thought of listing, they presented a plausible marketing plan designed to achieve a quite full number, and while we haven’t decided to sell that asset we will keep them in mind if we do. They strike me as young (but certainly not inexperienced!), hard-working, fully aware of what will be required of them to make their mark in a crowded field. When I disagree with them on a marketing point, they accept correction gracefully, and they are invariably available for consultation. I think it probable that whoever employs them will get hard work from them from start to finish and a high level of competence and professionalism.”

Zell K.
What Our Clients Say

“Sam carefully guided us through a profitable transaction when there were a lot of unknowns in the market. Our expectations were managed professionally, and he successfully exceeded them with his negotiating skills and special access to data that gave us an edge. Sam has earned our trust and follow-up business because his advice has the integrity we are all looking for”

Matteo C.
What Our Clients Say

“My property was recently sold by Samuel Finkler. I am more than happy and satisfied with his service and excellent negotiation skills throughout the process. Sam indeed went out of his way to work with me from listing to closing. If you are looking for honesty and great salesmanship, go with Sam. My experience was without a doubt exceptional."

Agnes S.
What Our Clients Say

“Sam provided clarity and honesty, hard to find in the competitive real estate world. He put together a comprehensive, organized, and very clear portfolio reflecting all the variables that would be considered in the sale. He also had a pool of buyers ready to "seal the deal." It was very impressive. We have nothing but high praise for Sam Finkler”

Tony O.
What Our Clients Say

“The data analysis methods they use and the understanding of the market enabled them to know exactly at what price the property should be listed. Their extensive database of potential buyers and marketing techniques produced significant interest allowing the best deal possible. The real value, however, is the professionalism that Sam brings to the table. We were extremely impressed with the team’s extensive knowledge, communication skills, efficiency, and ability to provide service on a personal level that I feel is unparalleled in this industry."

Anthony G.
What Our Clients Say

"I was compelled to share my experience with your company and Sam’s excellent job representing us in this venture. Sam had reassured us that even under these COVID times, he could sell our building. Throughout the process, Sam never pressured us to lean towards one buyer or another, detailing each offer and their terms and letting us choose. We settled on an offer that was above our asking price and are happy to have a good relationship and profitable experience. I would not hesitate to hire Sam again if I were to sell my other properties. His team made this a remarkable and fantastic experience for us, and we are grateful for their performance"

Dominick C.