Our
Development Partners Preferred Equity Program is a new venture for
Phillips Edison. Since 1990 we have developed projects for Walgreens,
Wal-Mart, Home Depot, Builders Square, Winn-Dixie, Safeway, Target,
Burlington Coat Factory, Publix, Kroger and a multitude of smaller
retailers. As we continue to expand our development capabilities
internally, our equity source and strong balance sheet give us the
ability to expand our development capabilities externally as well.
We have a flexible program to provide the necessary equity and debt
for developers who have growth opportunities, but may not have the
financial backing to grow at a pace they would like to. If the project
is a retail or mixed-use development, Phillips Edison can structure a
partnership using preferred equity, a loan to the partnership or a
participating mortgage. We can provide as little or as much support as
is necessary.
We are vertically integrated with leasing, management, development
services, construction management and financing all in house. The
strength of our existing portfolio can lend some weight to your
negotiations. If you are a developer looking for a strong and
knowledgeable development partner please contact David Birdsall at (513) 746-2577 or dbirdsall@phillipsedison.com. |