Investment criteria
As seasoned Real Estate professionals with a deep track record of success, Tricera Capital is an entrepreneurial real estate investment firm focused on generating returns and wealth for our investors and partners through a value-add, urban retail and mixed-use strategy. Tricera’s unique approach to identifying opportunities and creating off-market transactions provides the necessary edge to outperform the competition and deliver superior returns.
The Tricera team takes a very disciplined approach to pricing and underwriting each deal. While it is imperative to quantify the upside, it is equally as important to understand and mitigate the downside risk and protect our investors.
“TRICERA” MEANS “THREE POINTS”
WHICH COINCIDES WITH OUR THREE CORE PRINCIPLES:
1) Vision: Identify market trends and inefficiencies
2) Speed: Execute swiftly to exploit inefficiencies and opportunities
3) Results: Deliver superior returns to our investors and partners
return expectations
Core plus, value-add and opportunistic investments with a target range of 15%-20% IRR on a 3 to 5 year hold. Return target will vary based on the risk profile of the deal.
Deal Size: $2M - $750M
Property Type: Retail, Office and Mixed-Use
emerging markets
In emerging neighborhoods, Tricera entrenches itself in the community, and patiently observes the trends and early pioneers before taking action. This strategy allows us to identify the best opportunities at pivotal points in the market’s cycle. Once we believe the area is ready for investment, Tricera’s approach allows it to move quickly prior to competition inflating the market. This provides Tricera the ability to buy to withstand a downturn, and sell at peak times to maximize returns.
mature markets
In mature areas, Tricera acquires properties that are under-utilized, contain below market leases, or have future redevelopment value. The preference is to purchase cash flowing properties where rents are moving quickly enabling us to capitalize on the momentum through Tricera’s fully integrated platform.