Acquisition Criteria
R.D. Olson Development is actively pursuing development sites and select existing assets with value add opportunity throughout the United States with a special focus on the West Coast and Hawaii. We work with principals, owners, and the brokerage community to source acquisitions of hotel, multifamily, mixed-use, and office development sites and existing properties.
Property Types
Commercial land and buildings located in supply-constrained locations with strong market fundamentals, and barriers to entry/development. Property types include:
- Hotel
- Multifamily
- Mixed-use
- Office
- Retail
Land & Redevelopment Sites
Vacant land as well as underutilized properties from as small as 10,000 square feet in urban locations and up to 100 acres in out of town destination locations.
Existing Properties/Value-Add Properties
Under-performing or under-developed hospitality and commercial properties that can be expanded, renovated or repositioned, ranging from $5 million to $100 million.
Locations
Major markets throughout the United States, with a focus on the West Coast and Hawaii; secondary markets where brand penetration is limited (and where a preferred flagship location is available), and barriers to supply are in place.
Size
Preferred property value from $5 million to $50 million not including development/renovation cost.
Acquisition Structures
All-cash acquisitions; joint ventures with qualified operating partners or land owners and ground leases are transaction structures that R.D. Olson Development is willing to pursue.