Premium Real Estate Investment and Management
Coro Realty was established in 1997 to provide the highest quality real estate investment and management services.
Our mission is to identify unique opportunities and provide the services needed to maximize those opportunities' potential. We treat each investment individually, which allows us to capitalize on its full potential.
We combine vision, creativity, experience, strategy, knowledge and common sense to meet and exceed investment objectives.
Geographically, Coro concentrates in the southeastern United States, building long-term success on a deep foundation of verifiable, value-added expertise.
Investment Objectives
We pursue a diverse real estate portfolio with a focus on the southeastern United States. We target assets independently and in strategic joint ventures with local sponsors. We capitalize our investments with reasonable leverage, third-party equity and our own capital. As such, Coro is an owner/operator rather than an intermediary.
We strive for a diversified portfolio including the following:
Mixed-Use, Residential (single and multifamily) Industrial, Storage and Retail.
Geographic diversification across multiple markets,
Tenant diversification.
Leasing strategies designed to minimize tenant turnover in any particular year and to minimize operating expenses.
Residential sales strategies designed to maximize absorption and volume.
Investment Types
Core/Core+. We target high-quality, stabilized real estate for long-term rent growth and value appreciation with the ability to "ride out" a recession or to be sold quickly in response to market changes.
Development. Directly and through our relationships with skilled local developers, we pursue a variety of high quality developments with yields materially in excess of those available through purchases of comparable existing properties. In addition, we offer the full-service asset and property management, construction and leasing functions needed to execute all phases of a development strategy.
Recapitalization/Restructuring. Due to our financial resources and ±3 million square foot portfolio, we possess the relationships needed to target a full range of tenants. We also target properties where our senior staff and asset managers can restructure the capital stack to achieve the optimal debt/equity ratio and maximize operating cash flows.
Value-Add. We reposition well-located existing assets, with leasing, sale, and development potential. Through our construction, leasing, management and asset management platform, we opportunistically purchase value-add properties, reposition those properties to improve their fundamentals and operations, then sell them to buyers willing to pay premiums for quality, stabilized properties.
Signal Mill - Chattanooga, TN
Berkeley Heights - Atlanta GA
ASSET AND PROPERTY MANAGEMENT
We develop a value enhancement strategy for every property, based on market conditions and future objectives. We manage internal and external staff to implement the strategy with a critical eye toward near-term growth and long-term stability.
Perimeter Station - Dunwoody, GA
Midtown Place - Atlanta, GA
Our aim with each leasing assignment is to effectively market the property in accordance with Investors expectations—ranging from “lease up and sell” to a long-term hold, combined with the realities of current and anticipated market and property conditions. Our strength comes from a balanced approach—understanding the “big picture” and considering new alternatives as market conditions change, while at the same time paying close attention to details.
Georgetown Shopping Center - Dunwoody, GA
Airport Highway Park, Birmingham, AL
Through our local, regional and national networks, we source opportunities, not generally available, to identify overlooked properties with significant potential— potential that has yet to be recognized or maximized.
Shops at Spire - Atlanta, GA
805 Peachtree - Atlanta, GA
We have a full-service, in-house development and construction department that can oversee planning, entitlements, development and construction. Our development and construction.
The Mill - Atlanta, GA
North Point Village - Alpharetta, GA
Generating and maintaining a clear financial picture; streamlining the flow and protection of funds; adhering to tax codes and requirements—all these critical functions fall under the umbrella of our full-service accounting department. Also, we not only find opportunities, we fund them. Through a combination of our own capital, partners and lenders, we structure all aspects of a property purchase, restructuring or financing.
Cross Creek Apartments - Raleigh, NC
Lofts at Riverwalk - Columbus, GA