At DLC, shopping center acquisitions are a daily part of our business. Since 2001, we have acquired over 7.0 million square feet of retail space in dozens of acquisitions by providing sellers with market pricing, certainty of closing and the expertise and flexibility to resolve issues quickly and fairly. In fact, we have successfully closed virtually every transaction we have ever put under contract.
We offer a quick and efficient due diligence and closing process backed by proven access to debt and equity capital without committee or third-party approvals. With our established relationships with lenders such as GE Capital, J.P. Morgan, Citibank, Merrill Lynch, Morgan Stanley, Wachovia/Wells Fargo, among others, we regularly secure the most attractive financing terms available in the market. Furthermore, over the years, DLC has worked with the following group of Servicers and Special Servicers, with whom we have worked with in many forms: CW Capital, ING Clarion Partners, JE Roberts, C-III (formerly Centerline), and LNR Partners.
Although DLC reviews dozens of potential acquisitions every week, we submit bids on only a select few properties that we are truly interested in owning and operating. We back up every proposal with an intense, in-depth underwriting process before submitting our bid to eliminate the risk of price changes during due diligence and closing. The result is an outstanding record of closing on time and as agreed.
For more information on DLC’s acquisition program or to discuss a potential transaction in detail, please contact Jonathan Wigser at 914.631.3131 or via email.