| Frequently Asked Questions
About Griffin Partners
How did Griffin Partners get started?
Fred Griffin founded Griffin Partners in 1980, started singularly as a development company, over time adding property management and acquisition to the company business plan. Much of the accolade comes from our redevelopment of the George R. Brown Convention Center and for the contribution our company added to the development of Clear Lake and the geography surrounding NASA. When Edward Griffin joined his father in business in 1999, the company began acquiring and investing in buildings and became a steadfast name in the commercial real estate industry as it is known today.
What do we do best?
We are a commercial real estate firm focused and excelling at value-add, risk-averse deals that emphasize capital preservation for our investors and principals. We buy buildings that are underperforming due to reasons that we know we can fix, that are in markets we have identified for potential to grow in ways we know will increase value. Then we increase the value of the building through remodeling, construction improvements, and service standards. Through these improvements the value of the space for tenants goes up and higher rent is called for, due to increased market value of the building. When the business strategy for each asset is complete, we sell the building at a profit and provide excellent returns to our investors.
Do we put in for our own investments?
We invest alongside our clients, taking part in the process and maximizing our returns along with theirs. Capital of the four principals invested with the firm makes up a large portion of every deal and of Fund IV and Fund III.
What makes us unique?
Griffin Partners believes that trust, integrity, transparency, and honesty are the keystones for any and all business functions. We are always completely forthcoming with our clients, tenants, and vendors. This serves as a competitive advantage in the long run when forming new relationships keeping existing relationships strong.
Where does Griffin Partners invest?
Griffin Partners invests in ten target markets generally across the southern U.S., including Austin, Houston, Dallas, San Antonio, Salt Lake City, Phoenix, Denver, Nashville, Charlotte, and Raleigh-Durham. Each of these “secondary” markets have greater than 400,000 non-farm payroll jobs which we believe provide strong liquidity and a cap rate arbitrage versus investing the “primary” markets of the US. These secondary markets have positive demographics trends that include continued population growth coupled with diversified economies to buoy or investment portfolio. Pursuing assets in these markets provide better risk adjusted returns versus primary markets while maintaining yield and investment liquidity..
Does Griffin Partners invest all across the commercial real estate board?
Griffin Partners primarily focuses on investing in office, industrial, and mixed-use office with limited retail across our ten target markets.
Who are our clients?
Our family of investors includes primarily high net worth individuals and family-office partners. We serve clients of many demographics who meet our investment criteria and value capital preservation.
Why create an account with Griffin Partners?
Creating an account allows us to share investment opportunities with you and allow you access to more in-depth information about our investments, assets, and other valuable information. Once you become an investor you will be able to manage your documents and records from us easily and find updates about your investments quickly.
How do I invest with Griffin Partners?
You can join our family of investors by creating an account in our online portal and reviewing our available offerings, or contact our Investor Relations department for personal service.
What are the steps for Investing with Griffin Partners?
Griffin Partners is currently offering investment opportunities in Griffin Partners Income & Value Fund IV.
If a property is open to investment at the property level, priority is given first to our fund investors, second to existing property level investor, and, if available allocations remain, to new investors.
To make an investment in Griffin Partners Income & Value Fund IV, please contact David Hotze at email@example.com
Steps to Invest:
Step 1: Click here to create an account on our website.
Step 2: After Account Approval:
- Receive and Review Our Confidential Offering Memorandum And Due Diligence Documentation On Our Fund Vehicles and Single-Asset Offerings.
- You will receive email notification when new single-asset offerings become available for your review and investment.
- Arrange For Additional Due Diligence Materials
- Complete Required Investment Documentation
- Begin An Initial Relationship To Understand Our Firm:
- Process Flow On Real Estate Acquisition and Development
- Get To Know Us - Visit With Us At Our Office Or Arrange a Phone Call
- Monthly & Quarterly Progress Reporting
- Financial Reporting Specific To Your Property Portfolio
- Provision Of Your On-Going Tax Information
- Bank ACH Services On Our Monthly Payments To You
- Annual & Timely Year End K-1 Tax Document Preparation
Is there a minimum investment amount that you look for? What are the amount parameters?
The minimum investment amount differs between our single-asset offerings and fund vehicles. The minimum investment amount for single-asset deals if offered to new investors is $25,000 and $250,000 for the current Fund Offering, Griffin Partners Income & Value Fund IV. Only about half of Griffin Partners investments are available to investors as Single-asset offerings. Investing in Griffin Partners Income & Value Fund IV is the best way to get exposure to all of our investment activity.
Who can invest? (Do you need to be a US citizen? Do you need to reside in the US?
All U.S citizens, partnerships or corporations majority owned and controlled by U.S. citizens, U.S. trusts and endowments.
Do I need to be an accredited investor?
Our single-asset offerings require that you be an accredited investor. Griffin Partners Income & Value Fund IV requires that you be a qualified purchaser and/or a qualified client.
Are there any requirements to start investing with Griffin Partners?
The initial requirement to start investing with Griffin Partners is that each investor needs to maintain an account with us. Register for one HERE. After registering on our website, you will receive access to Griffin Partners Income & Value Fund IV as well as future single-asset offerings.
How do I report a maintenance problem?
Tenants have the ability to enter a service request electronically via IMPAK. If you do not have IMPAK access, contact your property manager and they will provide access.
Do you have contractors you can use for repairs?
Yes - each building has pre-qualified vendors. Contact your property manager for additional information.
Can I paint or modify something on my leased property?
Your lease provides specific information related to the types of modifications you can complete. Contact your property manager for additional information.
What is required for my suite for Insurance?
Your lease provides the insurance required for you to carry. You can contact your property manager for assistance.
How do you screen prospective tenants for my commercial property?
Prior to entering into any new lease the Griffin team conducts a thorough credit review of the proposed tenant. This includes a review of the tenant’s financial statements, the background and longevity of the business, and any publicly available information on business operations. This review confirms not only the suitability of the business as a tenant but also determines the amount of security deposit or other collateral necessary to secure the landlord’s investment in the lease.
How will you market and find tenants for my commercial property?
The process begins well in advance of our acquisition of the investment or engagement to manage the property. Typically the market positioning (or repositioning) plan is determined during our initial due diligence. That plan is refined into a detailed marketing plan specific to the asset which is developed in tandem with the local brokerage team we engage to lease the project. The Griffin team works hard to select and build relationships with best-in-class brokerage firms in the markets we serve.
Do you have an after hours phone number for building emergencies?
Yes - each building has an after-hours number. You can contact your property manager or look for this information posted on exterior doors to your building.
Will you notify tenants if there is upcoming service on the property?
Yes - we notify tenants of any building maintenance that may affect their business.
How are tenants able to pay their rent?
The rent remittance information is outlined in your lease. You can contact your property manager for additional assistance.