“Florida and SE Region Set to Experience CRE Buying Surge with IP Capital’s Plans”

"Florida and SE Region Set to Experience CRE Buying Surge with IP Capital's Plans"

IP Capital Partners is preparing for its upcoming round of purchases, focusing on distressed and value-add commercial properties. This comes after the successful initial closing of IPCP Florida Realty Value Fund IV LP, which generated $95.4 million in equity to be used towards industrial and office assets in the southeastern region of the United States, with a particular emphasis on Florida. Over the next year, IP Capital aims to increase the fund’s size to $125 million.

Utilizing joint ventures and leverage strategies, IP Capital intends to acquire over $900 million worth of real estate within their target geography and asset classes.

According to Jason Isaacson from IP Capital: “The growing population in Southeast has led to an increased demand for regional distribution centers while global trade has made properties near ports more valuable.” As such, 70% of funds will be allocated towards industrial properties located in Florida as well as other states such as North Carolina, South Carolina,Tennessee,and Georgia. The remaining funds will be equally divided between office buildings (including medical offices) located specifically within Florida.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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