REAL ESTATE CONSULTING SERVICES - Lender & Troubled Asset Services
Financial institutions -- which have found themselves in possession of failed or troubled residential assets -- quite often do not have the internal resources to evaluate these assets nor to determine the course of action best capable of maximizing value. These assets may consist of a variety of land-uses and conditions including undeveloped land previously planned for residential uses, partially developed properties, vacant residential lots, and partially or wholly built residential product.
CWC professionals have assisted lenders with their REO properties by identifying market opportunities, evaluating strengths and deficiencies of the asset, and repositioning as necessary to enhance value and marketability. This effort is initiated with an extensive physical evaluation of the asset together with an examination of locational features and surrounding environment. Alternative use scenarios may then be identified and evaluated through market analysis and competitive evaluation for each, together with determination of achievable price points. Based on this analysis, CWC can assist in identifying the best course of action and timing capable of optimizing value.