About Us
Cole was founded in 1979 and currently has more than $6 billion in real estate assets under management. Our simple objective is to collect rent from some of the largest corporations in America and pass it on to our investors as income. We believe the best way to accomplish this is through buying “core” real estate for our REIT portfolios.
An investment portfolio comprised of core real estate seeks to achieve a relatively high percentage of total return from income and is expected to exhibit a relatively low degree of price volatility. Common characteristics of core properties include:
- Currently leased and generating income
- Tenant(s) with high credit ratings
- Long-term leases of 10 years or more
- Low to moderate level of leverage (0 to 50%)
- Strategic or prime locations
Investment Strategy
Our investment strategy is designed for simplicity and transparency. We believe that having as few moving parts as possible helps minimize any chance of significant interruption to the portfolio’s income stream. This applies to tenant turnover, property refinancing and lease renegotiations. Additionally, we look to diversify our portfolio by industry, tenant concept and geography and we are conservative in our use of leverage.
Underwriting Process
Our investment strategy is defined by our conservative underwriting standards. We conduct extensive due diligence and on-site property inspections with every asset we acquire. We focus on three key categories in evaluating a property:
- Tenant creditworthiness
- Property type and location
- Lease terms
Conservative Financing
Complementing our disciplined investment strategy is our conservative use of leverage. In a real estate investment program, this can be as important as the property selection process. Leverage, when appropriately employed, can provide the REIT the ability to acquire more properties, which in turn may provide greater diversification, more income and a higher return on equity. Cole’s financing strategy has historically targeted a 50% loan-to-value (LTV) ratio using medium to long-term, fixed-rate loans (5-10 years).
Legal Disclaimer: This is neither an offer to sell nor a solicitation of an offer to buy the securities herein. Offerings are made only by means of a prospectus or other offering materials. This material must be preceded or accompanied by a prospectus or other offering materials. This information may not be redistributed, copied or modified in any form without prior written consent from Cole Real Estate Investments (Cole). Past performance is no guarantee of future results. The tenants and properties pictured, which may contain illustrative renderings of properties, are illustrative of the types of tenants and properties that have been acquired by Cole. Cole is not affiliated or associated with, is not endorsed by, does not endorse, and is not sponsored by or a sponsor of the tenants or of their products or services pictured or mentioned. The names, logos and all related product and service names, design marks, and slogans are the trademarks or service marks of their respective companies.