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Providing a full range of real estate services, we are
more than a development company.

 

In today's challenging market, access to capital is paramount to acquisition performance. As a privately held company, Casto funds its transactions through a combination of internal capital from the company's core partnership as well as passive equity from its many institutional and REIT relationships. While many have seen debt financing constrict acquisition activity, Casto remains able to complete its refinancing needs and continues to receive 50%-65% leverage for acquisition opportunities.


With over 80 years of development, leasing, property management combined with a conservative balance sheet, Casto is poised to outperform its competitors when navigating today's arduous investment market. Having completed numerous joint ventures, Casto is well equipped to enter into complex partnership opportunities providing both capital as well as accessing its many resources as a major commercial real estate owner.

Our current acquisition focus is value and yield driven, but value and yield will never overshadow our long term strategy of investing in quality retail real estate. Potential investment opportunities should be located in the Midwest, Southeast, Mid-Atlantic or Northeastern markets. Properties in the Pacific Northwest, Southwest and West Coast will not be considered. As a long term investor, Casto has tremendous flexibility as to the types of shopping centers it acquires. Retail product type is not as important as the center's position within the market and vibrancy of the MSA. Various investment opportunities will be considered including distressed retail and mixed use assets, redevelopment projects, bank owned REO assets, joint ventures and non-performing loans.

Since 1999, our team has acquired over 15 million square feet of retail space. This notable transaction history provides our potential sellers and partners a certainty of closing and gives us the expertise and flexibility to resolve issues in an equitable and timely manner. With a quick and efficient due diligence and closing process, our acquisition team has a proven track record of success throughout these demanding times.

Contact Information

Stephanie P. May Beaumier
Casto Acquisitions Manager
614.744.3404
smay@castoinfo.com