Bald Eagle Partners - Real Estate Financial Advisory Firm

Bald Eagle Partners - Investment Activities

We buy lots under the following criteria:

Identify winning and losing subdivisions in our target markets
Buy finished lots in “winning” subdivisions at a discount to infrastructure replacement cost (with no allocation to land value)
We have partnered with a successful residential sales and marketing company which focuses on creating and refining a database of buyers actively looking at communities in the southeast. This firm assists its clients in selecting places to live. This partnership provides us with real time feedback about potential acquisitions and exit strategies. Please visit southeastdiscovery.com for more information on our partner.
Purchase finished lots that have modest carry costs (i.e. HOA and real estate taxes) of less than 10% of acquisition basis per year. This means that the sum of acquisition costs plus 10 years of carry is still less than infrastructure replacement cost thereby mitigating downside risk.
Acquire a critical mass of lots in each subdivision to be able to support a specific marketing campaign
Identify ways to repair or enhance a community to accelerate the lift up in pricing
Design and implement structures with Clubs that are an integral part of communities to facilitate profitable lot acquisitions

Target Opportunities

Non – institutional opportunities (each bulk investment will range from $1M - $10M)
Off market or poorly marketed transactions
Buy where we can fix a major problem in the subdivision
Enter a subdivision by buying lots from short sellers or banks (for as low as $5K/lot)
Sellers consist of:

Key criteria for Acquisition candidates:

Quality of residential community is top 25% of the market.
Acquire no less than 50 lots in a market where we envision owning multiple communities. Minimum of 100 lots in markets where we may have no further investments
Opportunity to acquire at a discount to replacement cost
Stable HOA finances and low real estate taxes