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Company Information

The Mallios family is involved in over 350,000 square feet of improved property in the Washington DC metropolitan area valued at approximately $50 million dollars. The Mallios family has been in the real estate business for three generations.    We specialize in retail property including shopping centers, urban storefronts, restaurants and commercial land.    We are actively purchasing Washington DC area properties or other investments and seeking investors for these new acquisitions.  

The properties are controlled by Peter Mallios and other family members. We have over 100 investors in different properties of the portfolio.  All properties are owned under separate entities, so each property is owned by different partners and investors.  Each new property is purchased through a new limited liability corporation formed specifically for that deal.   This allows us to offer individuals the opportunity of investing in acquisitions by forming new partnerships for each property. We will also structure investments as Tenants In Common (TIC) if an investor is in a position to take advantage of a 1031 Tax Free Exchange.

The managing partner of all newly acquired investments is Peter Mallios. Mr. Mallios has been involved in the retail real estate business in the leasing, sales and ownership of retail and commercial real estate in the Washington DC metro area since 1985. The managing partner of the LLC typically owns 50%-80% of the property as a result of the managing partner interest. The managing partner shall be responsible for putting the deal together including executing a sales contract and posting the earnest money deposit, securing investors for the project, leasing the project, personally guaranteeing the first trust and other financing, supervising the management company, contributing any cash deficiency at the initial offering and making loans to the partnership from time to time if necessary. The managing partner shall have no cash investment in the partnership as a result of the managing partner interest. Peter Mallios shall be the controlling managing partner of each new LLC, and additional principals may own a portion of the managing partner portion of the LLC.  

Investor partners shall invest 100% of the required capital and shall own 50% of each project. Peter Mallios shall make a cash investment in the project as an investor, usually one unit, and will own his pro rata portion of the investor half of the property in addition to the managing partner interest. The investors receive a preferred return on their investment annually, meaning they receive this return on their investment first, and then the balance of cash flow is distributed pro-rata between the investors and general partner.  The preferred return rate varies depending on several factors but generally a larger, more stable property or a property in an area with higher historic appreciation will offer a lower rate. The final return will vary on every property but generally we expect investor returns at the preferred return on each property during the first year and to increase annually as the rents increase.   If investors do not receive their preferred return for any year the deficiency shall accrue with interest. Upon sale or refinance, investors shall have their investment repaid first and the balance shall be split among the members pro rata.

The leasing of all properties is also handled by Peter Mallios.   Mr. Mallios is managing director of retail leasing at the Washington DC office of Newmark Knight Frank, www.newmarkkf.com, one of the country's largest real estate brokerage firms   Mr. Mallios also handles management or supervision of the management companies.

For information on our current investment opportunities please visit the Investing section of this web site.



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