|
Griffin specializes in maximizing profit and investment returns for its partners while delivering quality products to its consumers. The company's current primary focus targets distressed residential real estate opportunities.
Using strategies formulated by owner and Chief Executive Officer Ian R. Griffin and his Chief Financial Officer, Shahram Gheysari, Griffin acts diligently in acquiring, managing and selling quality properties in select real estate markets to ensure its partners' investments generate significant returns with stable and predictable cash flow potential.
|
|
The company manages a series of separate real estate investment companies that share Griffin's primary focus. These real estate investments are made in select projects through Griffin affiliates and joint venture partnerships and are structured as either debt and/or equity placements.
Since late 2008, when Griffin’s primary focus shifted to distressed residential real estate, the company's affiliate and joint venture investments have acquired more than $530 million and sold over $425 million of real estate at significant returns. Currently, Griffin partners with several well-respected and recognized industry investors, consisting of both private and institutional relationships.
|
|
Griffin offers its lender clients various loan structures tailored specifically to each investor at competitive fixed or variable interest rates, depending on LTV (loan to value), overall loan commitment, length of commitment and collateral requirements.
|
|
Interest payments are made on a monthly basis with a minimum one-year term. The minimum loan commitment required for debt secured by the company’s real estate holdings is $5 million, and for debt not secured by the company’s real estate holdings, the minimum loan commitment required is $1 million.
|
|
Griffin also offers its partner clients various joint venture structures tailored specifically to each investor with specific investment criteria and plans for each venture. The minimum equity commitment required to form a joint venture is $5 million with a minimum two-year term. These joint ventures can be leveraged with debt by one of the company's preferred lender clients at the discretion of the partnership.
|
|
Griffin's role, as managing partner of its joint ventures, is managing the operations of the company while reporting and meeting with the partner clients regularly. The reporting, meeting and involvement of the investment partner are tailored specifically to each client.
|
