Pegasus Investments Helps $20M Buyer Avoid Two Low-Traffic Deals
When Jacob Zweig (Operations Manager at Pegasus Investments) received a client in the market to exchange $20M of proceeds into high-quality, low-risk triple net leased core assets, Jacob turned to Placer to analyze two promising restaurant deals.
$20M
1031 exchange deal
15
year NNN lease
$150K+
average HHI
The Challenge
Pegasus needed to source high-quality, low-risk properties for a high-net-worth client's $20 million 1031 exchange.
The Outcome
Pegasus canceled two restaurant deals after Placer data showed poor traffic for each, before placing client into stronger performing assets
I think this software adds a tremendous amount of value to this industry. Working with Placer has been amazing and I think this technology and the value that it brings to the transactional part of our business is not going anywhere.
