About Margreen Properties, LLC

Margreen Properties, LLC is a highly personalized limited liability company that provides specialized acquisition and management capabilities for our investors. Our business is based on a commitment to integrity, productivity, investor satisfaction and profit.

We are focused primarily on the real estate fundamentals, a significant element in our success.

Margreen Properties, LLC, is flexible to changes in today’s dynamic real estate market. We work as a team and collectively have years of experience in market research, negotiations, financing, leasing, and asset and portfolio management.

With our know-how, tenacity and keen sense of upside, we turn property potential into financial performance. That’s our “bottom line”.

What is Our Philosophy?

The core business philosophy of Margreen Properties, LLC is conservative yet designed to aggressively pursue opportunities in the marketplace. Utilizing our system of networking throughout the real estate and financial industries we actively seek out and acquire undervalued properties based on current, not projected, operations and prevailing market conditions. Our strong emphasis on the fundamentals of real estate economics has consistently produced above market returns for our investors while minimizing the risks often associated with traditional real estate investing.

We specialize in finding properties that offer immediate cash flow and a high probability of appreciation by concentrating our search in growth areas evidenced by market indicators such as business development, population growth, economic, social and environmental factors. Real estate, like the national economy, is subject to periodic cycles. We concentrate on areas that have experienced real estate highs and lows and buy when the local economy is trending upwards. Thus, we are able to acquire well located properties with good cash flow at a fraction of their building replacement cost and add value through effective management.

Why Invest With Us?

There are four reasons: First, all major responsibilities such as finding a suitable investment, negotiating its purchase, forming the ownership entity and managing the investment are overseen by the Managing Partners and its Management Team. Our successes are largely due to our years of experience, personal commitment and a “hands on” management style that allows us to oversee to the day-to-day operations of our properties and to respond more quickly to changes in the marketplace and new investment opportunities.
Second, our partners receive the same individual and focused attention as our properties receive. Each phase of the investment process is handled personally by the Management Team. Our investors have direct contact to the Managing Partners to answer questions or concerns regarding their investment. We are committed to making our partners and their advisors feel confident about their investment by being transparent and accessible.
Third, we keep our fees competitive in order to maximize our partner’s returns. Other syndicators and investment firms charge higher front and back end fees, administrative fees and a higher participation in future cash flow and profits in order to cover their cost of operation.
This reduces a partner’s overall return on their capital investment. We are small by design. Being small allows us to keep our overhead down by maintaining a lower cost of operation thus avoiding any need to charge higher fees. We don’t generate fees to meet company quotas or projections. We only create investments that make good economic sense for our partners.
Fourth, We invest along with our partners in every acquisition. We have “skin in the game” that shows our confidence in the investment.

What Are Our Investment Objectives?

  1. Preserve and protect our partners’ original capital investment,
  2. Provide our partners with periodic cash distributions from operations representing an attractive rate of return on their capital investment,
  3. Provide capital gains through the appreciation of the property,
  4. Provide equity build-up through mortgage reduction to the extent the property is leveraged,
  5. Provide tax benefits on a current basis, including deductions for interest, operating expenses, depreciation and taxes which may reduce the investor’s taxable income to the extent permitted by law
  6. Portfolio diversification.

What Are Our Guidelines For Buying?

  1. Favorable demographics, population growth in metropolitan areas, diversified local economy, etc.
  2. We buy under valued property below current market values and replacement costs. The success of any investment is knowing how and when to buy at the “right price”.
  3. We look for strong job growth markets where tenant demand exceeds the supply for available space. We focus on local economies that are trending upwards.Minimal deferred maintenance, good curb appeal.
  4. Our primary management objectives focus on maintaining a high occupancy and implementing effective cost controls.
  5.  Before pursuing any investment we assess the potential for creating a “value added” opportunity by increasing rental income, making property improvements and providing effective property management capabilities.
  6. A major key to our success has been finding and putting under contract property before the competition. Over the years we have cultivated long term business relationships and developed a wide spread networking system with loyal brokers, property managers, regional experts, local government and financial institutions who know our investment parameters and our ability to perform.

How Have Our Investments Performed?

Overall, exceptionally well. Since our first acquisitions in 1980 we have seen our portfolio of investments generate excellent returns and grow considerably in value. Properties we have sold over the years have generated substantial cash flow and profits for our investors.

Although there are no guarantees of future profitability, we feel our conservative approach to selecting and managing properties has minimized the inherent risks of investing in today’s ever-changing market and maximized profit potential.

Who Should Invest In Our Partnerships?

Any knowledgeable and financially qualified person or other entity interested in cash flow, equity appreciation and tax benefits. We expect the properties we buy to generate an immediate and stable cash flow annually and provide a reasonable expectation of continued income and equity growth over the life of the investment. Many of our investors choose to invest from their 401K plan, Keough, IRA, pension and profit sharing plans or trusts. We urge prospective investors to consult their own independent advisors (whose views may differ from ours) before investing with us.

Meet The Managers

Steve Shakin - handsome devil

Steven Shakin

Steven H. Shakin has been a licensed real estate salesman in the State of California since 1970. From 1970-1973 Mr. Shakin was a property manager for Buckbee Thorne & Co. From 1973-1995 Mr. Shakin was a salesman at Grubb Ellis Company specializing in the purchase and sale of income-producing properties. Mr. Shakin was consistently one of the top producers winning recognition and numerous awards for his achievements. In 1980, Mr. Shakin began forming partnerships to purchase properties. In 1995, Mr. Shakin left Grubb & Ellis company to devote full time to partnership projects and creating new investment opportunities. Today, Mr. Shakin manages a portfolio of real estate with a fair market value of approximately $50 million. Mr. Shakin is a graduate of San Francisco State University where he earned a Bachelor of Arts degree in marketing. Mr. Shakin resides in Corte Madera, California with his wife, son and two dogs.

John Anderson - hot!

John Anderson

John B. Anderson has been a licensed real estate salesman in the State of California since 1983. From 1983 to 1985, Mr. Anderson was Director of Research in San Francisco for the Grubb & Ellis Company. Beginning in 1985, Mr. Anderson began a 20 year brokerage career in commercial real estate. As a salesman at Grubb & Ellis in San Francisco, Mr. Anderson has represented office space users of all sizes in virtually all industries. He has exclusively listed in excess of one million square feet of office space on behalf of owners of class “A” and “B” office buildings. During his career, Mr. Anderson successfully executed hundreds of lease transactions representing well over 1,000,000 square feet of office space as well as listed and sold commercial properties valued in excess of $160 million dollars. Additionally, Mr. Anderson is an active investor in income producing commercial and residential properties. Mr. Anderson holds a Bachelor of Science Degree in Business Administration with an emphasis in Marketing from California State University, Chico, 1983. He resides in San Anselmo, California with his wife and two children.