BUYING CRITERIA
Thank You Brokers!
As a California based principal, we appreciate your ability to bring off-market opportunities and consistent deal flow. We value your expertise of submarkets, leasing dynamics, and potential tenants. Typically, we’ll partner on buy-side and then relist – offering FULL commission.
How to Partner
Buy
We ALWAYS use brokers to buy our shopping centers. Together we identify, underwrite and submit offers on under-performing buildings.
Stabilize
We physically upgrade the property, plus co-market with 3D tours, video walkthroughs, loopnet premium, costar, social ads, and direct mail.
Sell
As soon as we hit pro-forma occupancy we’ll list with the broker who brought us the deal. The faster we turn the deal, the better the ROI.
Bio
Simplified Properties is a privately held investment firm founded by Sean Katona. The Katona’s own income property across four states and have spearheaded 75+ deals ranging from value-add renovations to new construction.
Sean helps busy professionals invest in commercial real estate. He oversees the hand-to-hand combat, so friends/family enjoy turnkey ownership and better returns.
Prior to becoming a strip-mall enthusiast, he worked at Microsoft & EA Sports selling Xbox Ads to Hollywood and automakers. Sean graduated from the Foster School of Business at the University of Washington with concentrations in Marketing, Technology and Sales.
WHAT PEOPLE SAY
Steve Julius
First Vice President, NKF
“Always key to have a client who brings deals to the finish line!”
Jenette Bennett, CCIM
First Vice President, Kidder Mathews
“I appreciate your collaboration through the acquisition and leasing process!”