If you are having problems with an asset, you do not have to go it alone. EpiCity Real Estate Services is devoted to helping lenders and other property owners manage their assets. Our Lender Advisory Services have helped many manage their troubled assets for a full short-term asset turnaround recovery or for long-term property management. […]
Distressed Asset Turnaround – Interim Management Read More »
When saddled with an underperforming real estate asset it is important to take an objective point of view. Distressed property investments may have multiple issues and it is worth asking yourself some questions in order to get to the bottom of the situation. There are a number of contributing factors to consider when dealing with
From Marketing to Management Read More »
When a property becomes difficult to manage prompt action to resolve the issue or issues must be taken. We have talked about that in our blog before. As a lender, the question you must ask yourself is whether you feel comfortable trying to manage the property or does it make more sense to hire a
Lender Advisory Services in Atlanta, Georgia Read More »
Sometimes it happens without warning. A borrower defaults on their loan leaving the lender burdened with a distressed property. As much as we try and plan for these kinds of things, sometimes an investment goes south. What do you do now? Act Quickly:Â The more promptly one acts on saving a troubled asset, the higher the
Burdened with a distressed property? Now what? Read More »
When a lender, institution or property owner has a distressed property, he or she is faced with a difficult decision. Sell now or hold on to the asset until it appreciates and can be sold later to get a better return on investment. Many banks or financial institutions choose to sell for a loss in
Sell Now vs Sell Later Read More »
There are many factors that can cause an underperforming asset to become distressed. Externalities such as natural disasters, mismanagement and the overall state of the economy can all contribute to the decline of a property and the need to take action. The goal is to carefully determine exactly why an asset has become distressed and
Why Is Your Asset Underperforming? Read More »
Troubled assets are like health problems. The quicker one acts, the more likely the asset will be saved. The big issue is that like health problems, assets do not come right out and tell you that they are distressed. As a lender, you have to determine whether the asset needs help. We will start by
Recognizing a Troubled Asset Read More »
In January 2008, an Epic Partners sponsored partnership purchased the Lumberyard Office Lofts, a modern, attractive loft office complex and one of Atlanta’s finest examples of successful adaptive reuse. Originally a single building developed for milling lumber, this property was creatively divided into three separate buildings in 2000 to offer modern, attractive office space. At the time
Lumberyard Office Lofts Have Sold Read More »
The Epic Community Impact Fund, in conjunction with Virtua Partners, recently held a gathering with real estate investors, private equity managers, venture capitalists, financial institutions, wealth advisors, real estate agents, foundations, corporations, developers, attorneys CPAs, community organizations and other investors with capital gains looking for real estate investment opportunities. The event, held at EpiCity’s headquarters
Opportunity Zone Possibilities for Real Estate Investing Read More »
When the borrower of a cluster home development in Norcross, GA defaulted, EpiCity stepped in to help the lender recover its investment. Due to the dramatic market decline over the past few years, the borrower on a local cluster home development was unable to meet his obligations with the lender. As a result, the lender
EpiCity Helps Local Bank Net 7 Times More on Sale of Foreclosed Property Read More »
