Dawn Capital

Acquired as a dual-tenant retail asset anchored by Lins Fresh Market and Dollar Tree. Dawn Utah Investments executed a parcel split and direct sale of the grocery component to the tenant for $4.8MM (no commissions), and sold the Dollar Tree parcel to an investment buyer for $1.15MM. This deal showcased Dawn's ability to complete complex, multi-party sales within 18 months.

Purchased as a combined office and retail portfolio. Dawn executed a parcel separation, selling the retail strip center for $3.415MM while retaining the office building, appraised at $3.1MM. This approach maximized blended value and demonstrated Dawn's capacity for selective asset disposition.

Acquired August 2025 as a multi-building office park positioned for fractional resale. The asset generates approximately $709,000 in annual NOI and is stabilized with two anchor tenants: Front Porch Homes and US Oral Surgery, both in serious negotiations to purchase their respective buildings. Dawn plans to exit within six months at an 8% cap rate, achieving a projected $8.0MM sale. This model demonstrates Dawn's ability to merge stable income with tenant-led exits.

Acquired below replacement cost in a premier corridor. Dawn improved occupancy and achieved a signed LOI at $3.3MM. The pending sale is expected to close in Q4 2025, highlighting successful lease management and exit timing.

Acquired as a portfolio of luxury condos for appreciation and tax optimization. All units are leased and stabilized. Each unit yielded approximately $150K in bonus depreciation, eliminating LP tax liabilities and reflecting Dawn's strategic integration of asset ownership and tax planning.

Retail acquisition focused on re-tenanting and rebranding. Within 12 months, occupancy rose and tenant mix improved. Now under contract for $2.5MM, representing 25% appreciation. Illustrates Dawn's proven retail reposition strategy.

Single-tenant NNN asset purchased using credits that reduced effective price. Sold one year later for $2.25MM, producing stable income and strong yield with minimal risk.

Acquired in February 2024, Dawn executed a lease with Red Rock Behavioral Health Sciences within six weeks, increasing NOI and value. The property was sold in July 2024 for $1.96MM, achieving an annualized IRR exceeding 100%.

Smaller professional office acquired for value-add leasing. Dawn stabilized occupancy and sold within a year for a 13% gain, maintaining high velocity and efficiency.

Residential acquisition for quick remodel and resale. Nearing completion with sale expected within 60 days. Demonstrates Dawn's agility in short-term, high-yield projects.