About the Author
Alan D. Pollack, CCIM
Alan Pollack is the founder and President of Delta Investment Group, Inc. He has been a licensed California real estate broker since 2002 and a former registered representative in the securities sector. Prior to the market downturn of 2008, Mr. Pollack specialized in commercial, NNN, and tenants-in-common (TIC), participating in over $
Alan Pollack is the founder and President of Delta Investment Group, Inc. He has been a licensed California real estate broker since 2002 and a former registered representative in the securities sector. Prior to the market downturn of 2008, Mr. Pollack specialized in commercial, NNN, and tenants-in-common (TIC), participating in over $50 million of placements.
Beginning in 2003, he provided 1031 safe-harbor parking strategies as well as lifestyle-change and estate-planning strategies for his clients. His strategies are well suited for retirement portfolio balancing of self-directed IRA/401k as well as for passive real estate investing. During the 2009-’10 market change, Mr. Pollack provided a transparent and equitable process of bringing off-market, unlisted distressed assets to the public market. He works with direct buyers, funds, and REITs to acquire discounted commercial and asset pools and tracked nearly $1 billion of distressed assets in 2010. His analytical tools include Strike Point Calculator©and Monthly IRR© for profit and risk calculations. He is a member of the San Diego Board of Realtors® (SDAR), National Board of Realtors (NAR), Realtor®, has completed all courses and holds a designation of CCIM, Certified Commercial Investment Manager, holds a CAR Property Manager Certification, and is a member of several local, regional, and national exchange and professional organizations.
Mr. Pollack has recently association’s certification and designation committee. He received his Bachelor Degree from the University of Wisconsin-Milwaukee and completed postgraduate Pre-Law studies at LaSalle University. He resides in Oceanside, California.
About Us
Real Estate Done Right
Delta Investment Group has been a commercial and investment focused brokerage since 2001 specializing in investor relationships including, ‘situation’ value-add opportunities, commercial, 1031 strategies, and buyer/seller alternatives; i.e. Lease/Options, Seller Financing, leveraged and non-leverage finance alternatives, and discounted cash sales. Due to the distressed asset market unfolding in 2008 more and more clients favored unlisted, off-market assets over the traditional retail income deals with the potential to purchase at sub-retail, wholesale, and sub-wholesale price points. Taking advantage of relationships in the market with both direct and vetted sources, Delta Investment Group now provides a proven system for investors to acquire discounted assets across all commercial sectors, bulk REO’s, and custom acquisitions. With a solid process of written procedures and an industry system in place, Delta Investment Group can orchestrate the most complex of asset offerings including direct and as well as non-direct vetted acquisitions.
Commercial, Residential, and Rentals
We like to work in the $400k-4MM+ range. As principals and representing direct buyers, we can close quickly with cash and will provide a POF with the offer. If the property is listed and you are the agent, we always ask you to write the offer on our behalf, knowing we are Buyer/Investors and may not be offering the full list price. Of course, we required the full disclosure and Agency Relationship Disclosure per the CAR and DRE. We also find a value in having the selling agent interview to re-list, since the current agent would be intimate to the ‘before and after’, and has the best ability to up sell the final product. Here’s the ways we differ from others in the market;
Rely on Expertise
As principals, we focus on working these three primary agendas;
1. Cash offer. Heavily discounted for a fast cash closing. Usually targeted for value-add update, rehab, resale deals, where urgency is the priority.
2. Price is the priority. When we have someone or a property that ‘just has to get this price’ we offer alternative and creative terms; ‘subject to’, lease/opt, sandwich lease/opt, wrap, and AITD. Your price...My terms negotiation.
3. JV. Where the Seller’s objective is to maximize profits from all elements. We will establish a baseline ‘basis of contribution’, service the loan, put in the cash to rehab with a 1st dollar out secured by an ownership in deed. The sequence of payoff is; closing costs, title/escrow, commissions, recording, holding costs, our capital contribution, current loan payoff, balance to basis (cash to Seller), and then usually a 50/50 split.