# Track Record

## Track Record

What each asset looked like at acquisition and where it stands today, plus the partners' holdings outside Candor.

## 2026 Value-Add Progress Report

| Asset | At acquisition | Today | Status |
| --- | --- | --- | --- |
| DaVita Beaumont, TX | ~4 years of lease term | ~13 years; two 10% increases added | Lease amended Mar 2026 |
| DaVita Jenkins, KY | ~3 years of lease term | ~11 years | Extension signed Q3 2026 |
| DaVita Browns Mills, NJ | ~3.5 years of lease term | ~13 years | Extension signed Q3 2026 |
| Harvard Medical Park, OR | WALT ~2.4 yrs; base rent ~$1.64M; roof and HVAC due | WALT ~4.2 yrs; base rent ~$1.81M; $937K work done | Anchor renewal in discussion |
| Fleming Island Village, FL | Vacant 10,000 SF outparcel; unleased shell space | TLE lease signed ($44/SF); $5.5M construction loan | Building under construction |
| Shaw's Cove, CT / TX | DaVita lease without a corporate guaranty | Extended lease with DaVita, Inc. guaranty | Under contract |

- **+27 yrs** Lease term added across three DaVita clinics
- **+$170K** Annual base rent added at Harvard in six months
- **+10,000 SF** New credit-tenant building under construction at Fleming

## Partners' Portfolio Snapshot

Assets owned, or owned and sold, by Ben and Jeff Meshel outside Candor. Purchase price unless noted.

### South Street

New York, NY
  $19.0MPurchase

### Erie Medical

Erie, PA
Medical office
  $21.0MPurchase

### Riverhead Medical

Riverhead, NY
Medical office
  $22.8MPurchase

### Dunkin'

Net-lease retail
  $2.675MPurchase

### Corinthian Units

New York, NY
School & medical
  $24.0MPurchase

### 3000 Dixwell

Hamden, CT
DaVita dialysis
  $5.2MSold

### Miami Medical

Miami, FL
Medical office
  $11.0MPurchase

### Widex

Hauppauge, NY
Industrial
  $11.2MPurchase

### 29 Bassett Lane

Hyannis, MA
  $2.5MPurchase

### West Orange

West Orange, NJ
DaVita dialysis
  $5.5MCurrent value

### Dollar General

FL & MS
Net-lease portfolio
  $10.0MPurchase

### 1751 Deckner

Green Bay, WI
DaVita dialysis
  $2.7MSold

### 4315 Brunswick

S. Plainfield, NJ
  $5.4MSold

### Pediatric Portfolio

Central FL
7 pediatric offices
  $12.9MPurchase
- **~$156M** 14 assets · 8 in healthcare · 3 sold

### Partners' prior track record

Canonical: https://candor.rubentouitou.com/track-record/