I had been researching several REITs the past few months to possibly further diversify my portfolio into hard assets like real estate, hopefully to help insulate against a possible recession in the near future. Grocery stores have been known to be stable income producers in good times and bad. We will always need to eat. First National Realty Partners concept of purchasing grocery store anchored properties with accredited investor partners, adding value to those properties and producing an income stream for investors is one approach to consider.
I have been impressed with FNRP’s well thought out presentation and impressive growth history. Properties are well researched and chosen based on the principle that value can be added by filling currently available rental spaces, structuring solid leases and upgrading property exteriors and interiors. As all aspects of the value adding process are handled in house by FNRP the entire process can produce positive outcomes in increasing the potential revenue of the property. I have found the FNRP web site presenting the available properties to be well organized and populated with the relevant data on tenants leases. Bullet points for increasing the properties potential are explored and overall demographics for the surrounding community are researched.
Although the minimum investment amount is high, for the opportunity to be able to invest in solid commercial properties and have all the complexities of that process handled by a team of experts in their field, the minimum seems reasonable for serious investors. I am very new to investing with this company, my research on FNRP uncovered several articles with high praise for their process in property procurement and overall transparency to investors in the development process. With FNRP you are not just an investor, but a member of the team.