Real Estate
SB360 unlocks the value of real estate through restructuring, creative financing, strategic leasing, and decisive management.
Real estate can be more than a balance-sheet asset—it can be a source of capital and a strategic funding tool for many companies. With principals who own millions of square feet of commercial, industrial, and residential properties, SB360 brings unrivaled expertise in leveraging real estate assets.
Real Estate should be a productive asset.
Through periods of downsizing, diversification, financial distress, recapitalization, and growth, SB360 helps clients achieve their financial objectives by putting their real estate assets to work.
Our approach includes portfolio acquisitions and the disposition of real estate holdings and leases. SB360’s creative, customized structures include sale/leaseback transactions, leasehold guarantees, purchases of designation rights, and outright acquisitions of fee-owned properties and leasehold interests.
A few select transactions
- We structured a sale/leaseback transaction involving owned properties that helped fund the “going concern” acquisition of a 90-store chain
- In partnership with a public REIT, we provided a multiple-draw loan facility secured by priority mortgages on leasehold interests and second-priority mortgages on fee-owned properties
- We acquired the right to dispose of properties by funding equity upfront on sites that were collaterally mortgaged
- We acquired a majority position in a debt issue secured by properties
- We provided more than $50 million in financing to a sponsor acquiring new-construction condominium inventory from financial institutions
Schottenstein Property Group (SPG)
SPG is a fully integrated, self-administered, and self-managed owner, operator, acquirer, and redeveloper of high-quality power/big-box shopping centers. This privately held portfolio of premier retail properties includes 80 properties in major population areas across 23 states, with approximately 11.5 million square feet of GLA, predominantly anchored by national retail tenants.
Additionally, SPG’s holdings include industrial properties and office space with approximately 1.6 million square feet of GLA.
With a notable history of creative solutions, affiliates of Schottenstein Property Group, Inc. have made numerous opportunistic investments, such as the acquisition, repositioning and retenanting of properties of Albertsons LLC, Montgomery Ward Holding Corp., Service Merchandise Company, Inc., and Best Products, Inc.
We've amassed a global network of property contacts.
Our privately held portfolio gives us deep market and tenant knowledge and has helped us build extensive relationships across the real estate industry. That experience and network are central to our ability to maximize the value of real estate assets and advance our clients’ interests.
Minimize the risk. Maximize the recovery.
SB360 Capital Partners
SB360 delivers a full spectrum of services to retailers, wholesalers, and manufacturers of all sizes. We offer timely, flexible, and creative solutions inspired and developed by seasoned retailers and merchants. Our principals and merchants have managed thousands of stores and billions of dollars in wholesale and retail inventory.
As the company that defined asset value maximization, SB360 remains at the forefront of the industry, delivering innovative solutions that help companies navigate complex business challenges. We’ve worked with hundreds of businesses to manage change, restructure assets, restore profitability, and unlock new liquidity from underperforming assets – and we’ve done it more effectively than anyone else.