Many great opportunities are not in plain sight and require local expertise in each marketplace. Greenway Investment Company had the resources to indentify an 85,000 SF shopping center in San Antonio.
Greenway evaluated the situation carefully and decided to purchase the property’s non-performing loan. Greenway ultimately took ownership of the property and moved forward with a clear vision and plan of action.
The distressed grocery store anchor was replaced with a national credit, big box retailer. Through an effective restoration and re-tenanting program Greenway stabilized the property and secured a permanent loan. Investors received a cash flow of 12 percent per year plus five times the original equity.