With the establishment of highly skilled corporate acquisition, construction, financial, and property management teams, and the development and implementation of basic fundamental principles and practices of acquisition, CNC Investments, Ltd. was able to target and identify select properties that would further enhance their investment portfolio, complete the due-diligence process, conduct and evaluate market surveys, perform financial analysis, formulate investor groups, secure financing, and complete the acquisition process while others were still in the speculation phase.

CNC Investments, Ltd. continues to increase their asset base while significantly improving their net worth through the acquisition of properties at less than fair market value, and through the establishment of in-house construction, property Rehabilitation, and property management teams.

Against this backdrop of opportunity, CNC has formulated the following criteria used in identifying multifamily properties for acquisition, management and resale. These criteria, and the acquisitions which they produce, re-enforce the CNC contrarian philosophy of buying undervalued properties.

Basic Steps to Acquisition

1. Establish and maintain productive relationships with Brokerage firms on a nationwide basis.
2. Research and identify properties strategically located within high traffic, highly visible locations at prices below their intrinsic or replacement value.
3. Perform total investment analysis, to include property site inspections and assessment, analyze market surveys, and perform feasibility study, capitalizing on the experience and expertise of in-house acquisitions, construction, and property management teams.
4. Negotiate terms of acquisition, conduct due-diligence, formulate investor groups, and facilitate financing and funding of project.
5. Provide property management staffing and training, install and maintain state-of-the-art information management systems, and maintain full accountability for daily operations at the project site.

With markets consistently changing, CNC Investments, Ltd. continually monitors and evaluates each property on an individual basis. Should current market surveys and economic indicators deem it advisable? The profitable disposition of a property can be facilitated efficiently, cost effectively, and expeditiously.

Acquisitions Criteria

General Criteria


1. Potential High Yield Income Streams
2. Various capitalization rates depending on cash requirements, appreciation potential and property. Price Range: generally $10,000,000 - $50,000,000. Prices should average 30% below replacement cost.
3. Cash Equity – “All Cash” since CNC has the capability of arranging financing.

Property Criteria


1. Multifamily residential apartments
2. Minimum size – 150 units
3. Age – preferably properties constructed after 1990
4. Utilities – individually metered
5. Roofs – pitched construction
6. Minimum Occupancy – 80%. However, CNC will consider lower occupancy on properties which require Rehabilitation if the properties are well located and present value enhancement opportunities.

CNC is continually partnering with individuals and institutional partners to expand into new states. We are currently targeting the following states:

1. New Mexico
2. Washington D.C.
3. South Carolina
4. North Carolina
5. Tennessee