Our Investment Strategy

We work diligently to invest in property where we have a competitive advantage over the market.

Our Strategy

Miller & Zimmerly Investment Strategy in Action We acquired a property in St. Cloud, Minnesota, from a bank in a deed in lieu of foreclosure situation for 176 subdivided lots. All improvements on the property had been made, including streets, lighting, and parks. The bank and developer of the project had invested an estimated $12 million into the project. We purchased all the lots for $3 million. Even if the land had been given to us, we could not have made all the improvements on the property for the purchase price.

To gain a considerable edge by employing capital in real estate investments singled out for their advantageous circumstances and expertly managing the investments from inception through disposition. With this strategy, we can yield substantial returns on investment while minimizing risk.

These advantageous circumstances often include:

• A property with significant micro-market growth or growth potential (both economic and population)
• A market with capital illiquidity that effectively reduces the competition for the purchase
• A seller who is sophisticated but does not understand the highest and best use for the property and therefore does not understand its potential value
• A property that has value potential but requires resources and/or expertise to reposition it in the market
• A superior location
• A seller with special needs for capital who may sell at an appreciable discount under favorable terms (for example, a distressed builder or developer)
• A lender who is in possession of foreclosed real estate who may be willing to sell at a loss to simplify or expedite the disposition process

In all acquisition circumstances, we leverage our strong ability to negotiate favorable conditions and close at optimum purchase prices.

Our primary goal is to discover emerging markets and opportunistic situations before they hit the radar screens of builders and developers. Our land investment strategy is based on getting ahead of progress or repositioning assets that are well located but underutilized. This allows us to make real estate purchases that can result in high annualized returns for investors. We adhere to a stringent process we call our Formula for Success.