Friendwell Group of Companies specializes in the acquisition and management of income-producing real estate, such as shopping centers, office buildings and hotels.
Friendwell operates very similar to a REIT: it pays virtually all of its taxable income to shareholders every year.
- Company assets are primarily composed of real estate held for the long term.
- Company income is mainly derived from real estate.
- Company pays out all of its taxable income to shareholders.
Friendwell’s acquisition and management focus is on shopping centers, office buildings and hotels in the north-eastern United States. We finance our transactions through our capital partners, investment bankers and income from our properties.