Through programmatic partnerships with Investors, Vantex is acquiring industrial, flex and select office assets throughout Texas. Acquisition of fee simple interests in real estate, including REO, as well as non-performing and sub-performing loan positions will be considered for investment. Vantex professionals and their strategic partners located in the major Texas markets will source opportunities through established relationships with current real estate owners, regional bankers, receivers and special servicers. It is anticipated that most acquisitions will be sourced “off-market” whereby the Seller or the Seller’s representative knows Vantex and its ability to quickly underwrite complex situations, capitalize and close on a transaction.

A typical industrial investment is a single building containing at least 100,000 SF and portfolios of at least 1.0 million SF with up to 10% office build-out. Select office investments will be considered if a superior risk-adjusted return can be achieved. Each investment opportunity will be evaluated based on situational attributes including: attractive pricing, unique, competitive advantage in a market, asset plan execution capability, curable functional obsolescence or defect, and additional development opportunities. Sophisticated valuation techniques based on proprietary operations data, market effective rent levels, accurate pricing of capital needs and comprehensive competitive analysis will be employed. A two to five year hold is anticipated.

Programmatic, investment portfolios target a mid- to high-teens internal rate of return and a 1.50x cash return multiple, net of fees and carried interest to Investors. Vantex and its employees have committed $10 million in co-investment funds.