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Integrated Commercial Real Estate Investment
Management serving the Gulf South Region.
SERVICES
New Development &
Re-Development
We sponsor commercial real estate assets, enhance asset value through various value creation strategies, and provide full asset management through disposition.
With the experience of several market cycles, we have deployed numerous successful approaches to enhance our commercial real estate assets. We do not run from real estate problems, instead we embrace challenges as an opportunity to serve our local market and the industry as a whole.
Commercial Real Estate Brokerage & Leasing
Riviera Realty Group is a boutique commercial real estate firm located in Destin, FL. Mr. MacLean is a Certified Commercial Investment Member (CCIM) Designee and has considerable experience with commercial investment transactions, both as an owner/operator of a local CRE portfolio and representing select Sellers/Buyers of commercial real estate asset class.
Asset Management &
Facility Maintenance
We are hands-on managers of some of the areas most desirable rentals. Our progressive staff understands that consistently working to improve the quality of service and attention to detail are the best ways to provide comfortable communities for the people who have chosen our rentals. The local landlord's first choice for rental property maintenance. We offer an experienced full time staff, with several work vans and a 42' bucket truck to handle all rental property maintenance needs.
ABOUT
Riviera Group is comprised of multiple business entities allowing for vertically integrated acquisition, development, management, maintenance and disposition of commercial real estate (CRE) assets. Our portfolio continues to expand in the Gulf South region with emphasis on Northwest Florida and Southwest Alabama.
Acquisition criteria:
Class B/C Multifamily complexes (50 units & up)
- High vacancy ok
- Deferred maintenance expected
- Bank workouts & short sales ok
- Central HVAC preferred but not mandatory
- Infill locations near shopping, schools & entertainment
Industrial/Flex (25K SF & up)
- Single tenant net lease with attractive cap rate
- Multi-tenant flex parks preferred
- High vacancy ok
- Deferred maintenance expected
- Re-positions/Re-tenanting is our specialty
Office (25K SF & up)
- Single tenant net lease with attractive cap rate
- Multi-tenant buildings preferred
- Class A- to B+ in high traffic areas
- Minor renovations/updating expected
- Re-positions/Re-tenanting is our specialty
1997
In Local Real Estate Since
175
Apartment
Rental Units
365K
Rentable
Square Feet
$50M+
Assets Under
Management
RECENT PROJECTS
