OUR STRATEGY / OUR BUY BOX

Disciplined Investing. Creative Execution.

We evaluate opportunities across multiple real estate asset classes, with flexible acquisition criteria and transaction structures.

01 / ASSET TYPES

Different assets. The same discipline.

We assess each property on its own merits, considering the quality of the real estate, operating potential, financing, and seller objectives.

Residential Real Estate

Single-family homes, townhomes, and small residential properties. Turnkey, cosmetic renovation, and selected value-add opportunities, including properties with existing financing worth evaluating.

Multifamily

Duplexes, triplexes, fourplexes, and small to midsize apartment buildings. Stabilized or value-add opportunities, including potentially assumable or attractive existing financing.

Commercial Real Estate

Industrial and flex, retail and neighborhood commercial, and selected single-tenant properties. Selected vacant assets with credible leasing potential. Office buildings and the excluded property types below are outside our current focus.

Other Opportunities

Distressed properties, seller-motivated transactions, unusual financing circumstances, and off-market or agent-presented acquisitions.

02 / ACQUISITION STRATEGIES

More than one way to move forward.

Every structure is evaluated individually and is subject to underwriting, lender requirements, legal documentation, and the agreement of the parties. Existing debt does not automatically transfer, and lender consent may be required.

Conventional Acquisitions

Traditional purchases using cash or institutional financing when the asset, terms, and investment fundamentals align.

Seller Financing

A seller may provide financing for part or all of the agreed purchase price. Payment terms, security, and other protections must be carefully negotiated and documented.

Existing Financing Structures

We evaluate assumptions or purchases involving existing debt where permitted and appropriately documented. Loan terms, transfer restrictions, and lender requirements are part of the review.

Lease Options & Structured Transactions

Alternative arrangements may address specific ownership or transaction objectives. Suitability depends on the property, applicable law, and clearly defined obligations.

Value-Add Investing

Identifying a practical path to improve property condition, operations, or income potential, with careful consideration of execution costs and risk.

03 / OUR BUY BOX

A framework, not a formula.

These criteria guide our initial review. They are not a commitment to purchase, and every opportunity is evaluated case by case.

Target Markets

Texas is our primary focus. We evaluate opportunities statewide, with a preference for cities of approximately 25,000 residents or more. More rural markets may not be a fit.

Property Types

Residential, multifamily, and commercial.

Condition

Turnkey, cosmetic, and selected value-add.

Occupancy

Vacant or occupied, depending on asset type.

Transaction Structures

Cash, conventional financing, seller financing, and other mutually agreed structures.

Deal Size

Evaluated case by case.

Preferred Opportunities

Strong fundamentals, motivated sellers, favorable financing, or compelling value-add potential.

What We’re Not Looking For

Our current focus does not include raw land, development projects, individual condominium or apartment units, mobile or manufactured homes, office buildings, restaurant or bar buildings, event venues, senior living facilities, or convenience stores and gas stations. Opportunities in smaller, more rural markets may also fall outside our criteria.

Have a Deal That Fits Our Criteria?

LONE STAR CAPITAL

Texas roots. Thoughtful acquisitions. Lasting value.

© 2026 Lone Star Capital. Texas. All rights reserved. Property photography is illustrative and does not represent owned or acquired assets. This website is informational and is not an offer of securities or investment advisory services.