General Partner Acquisition

InterCoastal acquires general partner interests (and their functional equivalent) in both non-tax credit and tax credit multifamily properties throughout the United States. The company seeks to acquire portfolios that include at least 200 residential units or more per transaction. It is not necessary for the construction of the properties to have been completed or for the properties to have concluded their rent-up stage.
So that InterCoastal may consider a general partner interest for acquisition, developers should have the following partnership- or property-related documentation ready to the extent applicable:
  - Last three years of audits
  - Last three years of tax returns
  - Partnership agreement (or equivalent)
  - Last twelve months of rent roll

Interested parties may contact Sheldon Berger at (310) 788-7510.