Rafkin Lending and certain principals of Hicks Holdings teamed to form Holding Bin LLC, an investment fund that trades in single-tenant, net leased properties. We purchase retail, office, and industrial properties located nationwide that are occupied by creditworthy tenants on long-term leases. We invest in a unique way that maximizes current returns while minimizing risk.
Holding Bin has committed to a prominent realty advisor to acquire and temporarily hold single-tenant net leased properties on their behalf as they prepare and sponsor securitized offerings that meet the 1031-exchange needs of individual investors. Holding Bin is facilitating the realty advisor’s growth in this specialized space.
Holding Bin also invests with seasoned operators and developers of single-tenant, net leased properties. We provide equity or mezzanine debt to purchase properties in bulk, to develop properties on behalf of tenants, or to re-work short-term leases. We can provide uncommon solutions for compelling opportunities.
Our fund generates strong, risk adjusted current returns by employing a unique structure that cushions interest rate and resale risk. The initial size of Holding Bin is $20,000,000, yet it has an accordion feature to increase capacity as opportunities arise.
“We are excited about expanding the reach of Holding Bin to include other property types and perhaps other asset classes beyond real estate. We are working in tandem with Bill to fill the immediate mandate of Holding Bin and to expand its capacity in the near future,” says Mack Hicks.