Creation of Off-Market Transactions
The life blood of any real estate business is transactions. Sandstone Realty Advisors creates off-market transactions (ones that are not being widely marketed) for itself and its clients. We do this through "information arbitrage".
We listen closely to our contacts and observe the market carefully. Once an opportunity is identified, we approach the opportunity creatively and under the radar so that other groups in the market are unaware of our activities.
Our goal: to create value at closing by keeping the transaction from being impacted by outside market exuberance.
Our broad and deep base of market contacts and knowlage allows Sandstone to access key decision makers easily and with credibility immediately upon identifying an opportunity. Many times these opportunities become apparent only when Sandstone adds its unique market knowledge. We gain that knowledge by constantly networking and researching trends in the market.
Off-market transactions that we have created include the acquisition of the Wachovia Operations center in Pompano Beach, Florida. Return on equity for this transaction exceeded 600% in less than 2 years.