First National Realty Partners (FNRP) review

About First National Realty Partners

If you’re craving commercial real estate but always assumed it was out of reach, First National Realty Partners (FNRP) might be worth a peek. Founded in 2015, this New Jersey-based private equity firm specializes in acquiring and operating a specific category of U.S. shopping centers. In fact, you might do your grocery shopping in one of FNRP’s properties without knowing it. For accredited investors, you can take part in FNRP’s grocery-anchored real estate deals. But before you dive in, be sure you know the basic facts on FNRP.

Alternatives to FNRP

How does FNRP work?

FNRP claims to make the investing process as simple as possible with its white-glove service. If you want to work with FNRP, you’ll follow these steps:

1. 1 Create an account: Contact a member of FNRP’s team via phone or email to prove your accredited investor status and register on their platform
2. 2 Browse opportunities: Explore the available grocery-anchored properties open for investment.
3. 3 Review the deal: Read the fine print on the offering, including the memorandum and financials.
4. 4 Invest: Commit the minimum capital to your chosen property.
5. 5 Earn distributions: Receive regular cash flow from rental income every quarter.
6. 6 Track performance: Monitor your investment through the investor portal or reach out to a representative.
7. 7 Exit: Realize returns or losses when FNRP sells the property.

What does FNRP offer?

The primary offering on FNRP is investing in grocery-anchored properties, but there are other aspects to this platform that make it distinct:  

• Individual real estate deals: Instead of pooling capital into a REIT-style fund filled with different properties, FNRP lets you pick and choose specific grocery-anchored shopping centers across the U.S. You’ll know all the details on what you're buying, including its location, financial history, and current tenants, before you commit your cash.
• Proprietary deal sourcing: FNRP actively pursues off-market, institutional-quality acquisitions, with a focus on necessity-based retail centers it believes are resilient enough to provide cash flow and growth over the years.  
• Vertically integrated operations: From acquisition to property management to leasing, FNRP handles everything in-house. This full-service approach gives them tight control over asset performance and eliminates the inefficiencies (and extra costs) of outsourcing.
• Cash flow distributions: As you sit on your real estate investments, FNRP will send regular cash distributions from the tenant’s rental income.

FNRP Pros and cons

Bottom line

Any accredited investors interested in grocery-anchored properties who feel comfortable with a $50,000 commitment are the prime demographic for FNRP. If you want to learn more, you could start by visiting FNRP’s website to peruse listings or by reaching out to a customer care rep with questions.