Pros and Cons of Acquiring a Diverse Portfolio

Holthouser: “Buyers should definitely have an expert by their side to help with the research and analysis needed to properly assess each property’s situation and to evaluate the overall potential of the portfolio.”

LAGUNA BEACH, CA—One shoe doesn’t fit all, and purchasing a diverse portfolio simply requires more knowledge and homework to have it add up, CBRE first VP Nathan Holthouser tells GlobeSt.com. Holthouser recently represented the buyer, local real estate investor 4G Ventures, and the seller, a private partnership (along with Brad and Sara Hinman, two of the founding partners of Hom Sotheby’s International Realty, and Jim Batlle of Coldwell Banker Commercial) in the sale of a 5-property retail portfolio here for $32.9 million.

The portfolio includes an eight-unit, oceanfront, luxury vacation-rental property called Sunset Cove Villas, located at 683 Sleepy Hollow Lane; a mixed-use housing property at 775-793 Laguna Canyon; the Seven-Degrees event center at 891 Laguna Canyon; a mixed-use apartment and storefront-retail property at 689 South Coast Highway; and a residential lot located at 615 Griffith Way.