Joint Venture & Acquisition
GVD has a long history of successful real estate joint ventures with land owners and financial institutions. Over the years, GVD has joint ventured development projects with firms such as Lewis Homes, in Rancho Cucamonga, Robert Warmington & Associates in Orange County, and affiliates of Watt Industries in Los Angeles. Current development partners include Selleck Properties in Camarillo, California.
Many of our projects have been developed with landowners such as the trendsetting 95 acre Dunia Plaza in Victorville, California. (See List of Properties)
The company recently completed the Apple Valley Town Center in Apple Valley, California. GVD is planning a major mixed-use, hotel/retail project in the University District of Spokane, Washington.
GVD seeks existing retail projects in which upgraded management and renovation can significantly improve cash flow. GVD seeks acquisitions from 2 million to 50 million dollars.
Vacant Land: Well-located corners or freeway off-ramps. (Generally 6 acres to 500 acres.)
Existing Projects: Well located 60,000 square feet or greater gross leasable area.
Upside potential created by:
- growth in rents
- remodeling or redevelopment
- ability to expand
- re-tenanting opportunities
- high-traffic intersections
- strong anchor sales
- joint ownership opportunities
GVD Buyer Characteristics
- all cash buyer
- quick closings – 30 to 60 days
- aggressive buyer