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Just like every other asset class, real estate is subject to trends. Mall retail centers were all the rage a few decades ago until a successful online bookstore branched out and started shutting the lights off all over the country. The work-from-home concept rendered entire blocks of office buildings obsolete, so now they’re being turned into apartment buildings through government funding.
However, one type of commercial real estate has displayed a higher level of resilience — necessity-based retail space.
First National Realty Partners (FNRP) is an investment company that has optimized its business model around that concept. It only sponsors real estate where people “live, shop, work and play,” focusing on properties essential to daily life, such as grocery stores, multi-family housing and industrial real estate. This structure boosts the likelihood that the demand stays consistent regardless of economic fluctuations.
With over $2 billion in assets under management, more than 60 current assets owned and over $100 million in total investor distributions since inception, FNRP's track record is nothing short of stellar. However, the most impressive aspect lies in the returns it has generated for its investors. Since it set up shop in 2015, the company has delivered a 15% annualized net internal rate of return (URR). Digging a bit under the surface reveals the inner workings that have led to such a remarkable feat.
Click here to start investing in necessity-based commercial real estate
Strategic Focus On Top Grocers
Over the years, FNRP gained the trust of the top grocers in the U.S. who chose to become the firm’s tenants, including Kroger, Walmart, Whole Foods, Target and others. With such a strong command over the grocery-anchored real estate landscape, the company secures on- and off-market deals and “makes money on the buy.” One Wisconsin Pick ‘n Save store is one such case. In a span of just one year and two months, the investors in the property secured a net IRR of 45.01%.
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Investing with First National Realty Partners is streamlined and secure, offering a simple three-step process: first, you find a deal you think deserves a closer look, then you sign up for a live webinar about it hosted by FNRP’s investment committee. After investing in a property, you start receiving dividends from the net positive cash flow generated from the asset.
For accredited investors seeking diversification, stability and growth, FNRP offers a compelling avenue to explore. Given that your investment profile might be unique, the company’s team will go out of its way to find an investment option best suited to your goals and comfort level.
“I have done three deals with FNRP so far and look forward to doing many more in the future. They present the CRE offerings in a straightforward manner, explaining the strategy, valuation and expected returns. I feel confident in their ability to deliver superior risk-adjusted returns and help me meet my financial goals.” Michael E., FNRP Investor
Click here to partner up with First National Realty Partners.
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