Acquisitions
Broker Referral Program
Bring us a Deal. Drive One of These for Three Years.
BMW 7 Series
Cadillac Escalade
For introductions to qualifying off-market deals that close, MMG will pay you an industry-standard buy-side fee. On deals over $10 million, MMG will also cover a 3-year lease on your choice of a BMW 7 Series, a Cadillac Escalade, or the cash equivalent.
How It Works
MMG Equity Partners is always aggressively looking for retail shopping centers across South Florida. We move quickly, we close what we say we’ll close, and we enjoy compensating the brokers and intermediaries who bring us real off-market opportunities.
- Send us the opportunity — a teaser, an address, or just a conversation to start.
- If it fits, and it is not a property that we have recently looked at or agreed to work on with another broker, we will sign a non-disclosure agreement and fee agreement.
- We will QUICKLY analyze and underwrite the opportunity.
- If we close, you get paid — in cash, and on larger deals, with a vehicle allowance on top should you so choose.
Fee Schedule
| Deal Size | Introduction Fee |
|---|---|
| First $10,000,000 of purchase price | 2% |
| Any amount above $10,000,000 | 1.5% |
| Deals over $10,000,000 | Also includes the 3-year vehicle allowance, or cash equivalent |
On qualifying transactions above $10,000,000, you may choose a fully-allowanced 3-year lease on a BMW 7 Series or Cadillac Escalade (up to $1,200/month plus $5,000 toward amounts due at signing), or take the equivalent as cash — your choice, made once, at closing.
Introduction fee and vehicle/cash allowance are subject to a definitive Fee Agreement between MMG and the introducing party, and are payable only upon the closing of a qualifying transaction. MMG is not affiliated with BMW or Cadillac. Compensation for real estate introductions requires an active Florida real estate license. MMG reserves sole discretion over whether to pursue any introduced opportunity.
Investment Criteria
We invest in different property types throughout the state of Florida, with our strongest focus being retail centers in South Florida.
Although not all-inclusive, below is our main investment focus.
Anchored Retail
- > 50,000 SF
- Class A or B
- Opportunity to grow NOI through renovation or improved leasing and management
South Florida
✓Florida
✓Unanchored Retail
- Single or multi-tenant
- Class A or B
- Opportunitiy to grow NOI through renovation or improved leasing and management
South Florida
✓Florida
-Covered Land
- Well-located parcels greater than 2 acres
- Generating income
- Redevelopment opportunities in the short-medium term
South Florida
✓Florida
-Transaction Types
We have and will always look at a wide spectrum of transaction types.
The below are the most common transactions we engage in.
01
Fee-simple purchases
Fee simple purchases make up the bulk of the acquisitions for MMG. We always prefer to purchase a property in fee simple firm outright.
02
Recapitalizations
MMG will consider investing to recapitalize a project for reasons including: funding construction, refinancing existing debt, retiring existing debt, buying out partners, etc.
03
Bankruptcy sales
MMG has taken part in bankruptcy sales, whether as the stalking horse bidder or not. Please reach out if you are working on a bankruptcy sale through a trustee.
04
Note purchases
MMG is a frequent Buyer of both performing and non-performing loans, either marketed or not, directly from a multitude of lenders.
05
Short-sales
MMG will consider purchasing properties whereby the Seller has negotiated with the bank to sell the property at less than the value of the existing note and mortgage.
06
Joint ventures
MMG partakes in joint ventures with like-minded, reputable sponsors to co-invest in existing assets/new developments, in the retail, office, industrial, and residential spaces.
