Chafia Capital Partners places utmost priority in acquiring assets that it perceives to be undervalued or positioned for redevelopment
Overview and philosophy
Since 2003, Chafia Capital Partners and its affiliates have invested in numerous mixed use, multi-family, and industrial commercial properties. Current and past investment interests include hospitality, parking, manufacturing, hundreds of residential and commercial units, as well vacant developable land. Chafia Partners continues to concentrate on acquiring new real estate investments, along with efficiently and attentively managing its existing real estate portfolio.
Real estate investments should be viewed in a comprehensive managerial sense like any business. Attention should be given to all functional areas, including operations and property management. This is accompanied by overhauling the manner in which certain properties are approached in terms of capital improvements and cost management as well as marketing as it relates to leasing and product positioning. Ideal opportunities may also arise for the development of non-traditional property types and the redevelopment of existing sites located in markets in which additional new construction is not practical. Commercial real estate that is either abandoned or perceived as to having limited potential use by the marketplace can prove to be very compelling to Chafia Capital’s creative management team.
Strategic Development Case Studies
Parking & Hotel Mixed Use Development
Chafia acquired this defunct, abandoned warehouse in 2011. The team was able to successfully develop this into a successful indoor parking garage and is further developing a 3-story hotel on top of the garage to capitalize off the growing travel industry.
Food Processing & Cold Storage
Strategic bankruptcy acquisition of a food processing and cold storage business, and the accompanying real estate asset which was a former Haagen-Dazs manufacturing facility. Chafia implemented strategic initiatives that improved revenue growth by 500% since acquisition.
The Chafia Capital Partners portfolio showcases its established presence across multiple asset classes.