Acquisitions

Acquisitions

Commercial Property Acquisition

REDICO’s acquisition team is seeking opportunities to capitalize on attractive acquisitions in select urban and tier-one suburban markets in the Midwest and Florida, with a minimum deal size of $20M.

REDICO targets income producing and repositioning opportunities in the following asset classes:

Please contact Dale Watchowski at dwatchowski@redico.com or Andrew Dunlap at adunlap@redico.com for additional information on REDICO’s acquisition criteria. 

Senior Housing Community Acquisition

REDICO and American House are pleased to consider the acquisition of senior living communities that fit the following profile:

  • Senior Apartments (55+), Independent Living Communities, Assisted Living Communities or Memory Care Communities.  We do not pursue the acquisition of Skilled Nursing Facilities.
  • Communities must have at least 60 Units.
  • Individual Communities located in the Midwest, New England or Florida, or portfolios with at least $5 Million in revenue, anywhere east of the Rockies, except Texas.
  • Attractive or well-appointed communities are preferred.
  • Communities may be anywhere in their life cycle, including communities under construction, in lease-up or stabilized.
  • Transactions may also fall anywhere in the risk spectrum, including opportunistic, value-add, core-plus or core.

We will also consider other transactions on a case-by-case basis.  Please contact Kevin Carden at kcarden@redico.com for any questions.