Investment Criteria

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. Our unique approach to identifying opportunities and creating off-market transactions provides the necessary edge to outperform the competition and deliver superior returns.

ASSERTIVE

• Strategic and specialized.
• Deliberately nimble with a strong vertically integrated platform.

COLLABORATIVE

• Relationship driven.
• Seamless and ego-free communication.

RESOLUTE

• Focused with paced growth.
• Rapid adaptability and expedient response to ever changing market conditions.

The Tricera Approach

The Tricera team employs a disciplined approach to pricing and underwriting every deal. We prioritize quantifying the upside potential, leaning on our past experience, and analyzing market trends to thoroughly assess and mitigate downside risks to safeguard our investors.

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 – $250M
Property Type: Retail & Mixed-Use

Emerging Markets

In emerging neighborhoods, Tricera integrates itself into the community and patiently observes trends and early pioneers before taking action. This strategy enables us to identify the best opportunities at pivotal points in the market cycle. Once we determine that the area is ready for investment, Tricera’s approach allows us to act quickly, avoiding competition that could inflate the market. This strategy positions Tricera to buy assets at a basis capable of withstanding downturns 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.

Vertically Integrated

As a vertically integrated real estate private equity firm, Tricera Capital has in-house teams consisting of acquisitions, capital markets, asset management, property management, and dispositions.

Historical Performance