ACQUISITION
CRITERIA

Carlyle Development Group (CDG) is consistently seeking higher than normal returns on its investments, through acquisition of select non-performing real estate and first mortgages, or high-quality properties in distressed markets, which have substantial upside potential, usually due to the following profiles:

SELLER PROFILES

1. Distressed and Unqualified Owners
2. Quality & Semi-Quality
3. High Cash Flow or Low Replacement Cost
4. Excellent-Medium Locations

PROPERTY PROFILES

a) Regional Malls
Size: 400,000sf – 1,800,000sf.
Location: East Coast, Midwest, Southeast , Texas, Arizona (Major Metropolitan Area
Minium Occupancy: Preferably 55% of Mall
b) Office Buildings & Shopping Centers (Regional, Community)
Size: 80,000sf – 450,000 sf.
Location: Northeast (NY, NJ, CT, PA, DE, D.C.) Houston, Dallas Texas (metro), Atlanta, Georgia (metro) Tampa, Florida, Miami, Florida, Charlotte, NC, Chicago, Ill, Phoenix, AZ.
Minimum Occupancy: Preferably 35%

c) Residential Apartments; (Low-Rise, High-Rise Townhouse Complexes)
Size: 100-700 units
Location: Philadelphia, PA, New York, NY, Miami, Florida
Minimum Occupancy: Preferably 35%