Track Record
Track Record Highlights
- $80M+ in total commercial real estate transactions closed
- 31% historical average IRR across realized Class A office developments
- 200,000+ SF of Class A office assets acquired and repositioned in the U.S.
- Experience across downtown CBD, core-plus, and mixed-use repositioning strategies
Torre Futura — Tegucigalpa, Honduras
Assets & Case Studies
Class A Office | Stabilized | Single-Tenant
- 17-story institutional-grade Class A office tower
- Located in the Colonia Palmira diplomatic and commercial district
- Single-tenant stabilized occupancy
- Seismic-resistant construction, full fire-protection systems
- 220 parking spaces across 8 levels
- 750 kVA automated backup generator
- Advanced security systems including biometric access
Investment Profile
- Core / Core-Plus international office holding
- Appraised value: $16.77M
- Depreciation: 5.6%
- Demonstrates FERMA’s ability to develop, stabilize, and operate institutional office assets to global standards
U.S. Class A Office Repositioning Experience
FERMA’s principals have sourced, acquired, and repositioned large-scale Class A office buildings in major U.S. markets, including downtown Texas metros. Experience includes:
- Stabilized Class A towers with anchored tenants
- Historic Class A office assets with lease-up and modernization upside
- Downtown office buildings with residential and retail conversion optionality
- Core-plus assets with long-term WALT and institutional tenancy
Strategy Transfer to Fund I
This experience directly informs the Fund I strategy, applying the same underwriting discipline and repositioning framework at portfolio scale across the Texas Triangle.
Alignment With Fund I Strategy
The Texas Triangle Class A Office & Mixed-Use Opportunity Fund I represents a direct extension of the principals’ prior execution, scaled into a diversified and institutionally structured fund format.
Continuity of Strategy
- Discounted entry into Class A office assets
- Preservation of in-place cash flow
- Phased repositioning and mixed-use integration
- Multiple exit paths (stabilized sale, portfolio sale, refinance)
Track Record Disclaimer
Past performance reflects prior investments executed by the principals of FERMA Investments and is presented for illustrative purposes only. Past performance is not indicative of future results. No assurance can be given that the Fund will achieve similar outcomes. Full details are available in the Private Placement Memorandum.