Now you can put the RenuVest team’s 17 years of experience to work for you. We provide essential services for a variety of commercial property owners.
REPOSITIONING MANAGEMENT SERVICES Repositioning a property is not an easy task, yet it is an inevitable part of any long-term ownership, such as retirement planning or generational wealth building strategies. Many owners buy property to diversify after achieving success in their business or their profession. In many situations, inexperienced commercial property owners simply have not kept the property in good repair or management, and decide not to move forward with the necessary turn-around of their property. Owners simply start seeking options to sell the property. Unfortunately, selling a property in need of repair or reduced occupancy does drastically reduce the profit in a property and can even eliminate any equity. We take pride in the fact that we’ve personally rehabbed and turned around the management and marketing of our acquired properties over the past 17 years. If you lack this experience and knowledge, you will only want to trust this process to a company with a proven track record like we have.
ALTERNATIVE MORTGAGE FUNDING Many commercial property owners are experiencing bank turn-downs of their commercial property loans due to this current banking crisis. Up to 80% of the current commercial property owners like you, have a long established commercial banking relationship, but these banks simply can’t renew your existing mortgage loans. There are many reasons for this that you can read about on this website, but it appears that the primary solution over the next several years is to use alternative mortgage funding. Our alternative funding sources include private lender funds, hedge and insurance funds, and can provide up to 4 different options based on your property and personal situation.
ALTERNATIVE FUNDS FOR RENOVATION COSTS In today’s economy not only is it difficult for owners to get current loans renewed, it is even more daunting to try to refinance and pull out extra cash to reposition a property or even to simply make some small upgrades. In most cases, traditional banks simply won’t/can’t get you the funding you need for this. Our alternative funding sources have the capital to move forward with your project when you team up with RenuVest.
COMPLIMENTARY REPOSITIONING PLAN One requirement for alternative funding is to develop a preliminary repositioning plan with a trusted partner with the funding sources. RenuVest is the trusted partner and leader with over 17 years experience. For our customers we provide a complimentary preliminary repositioning plan which will be submitted directly to the appropriate alternative funding source exclusively. Put our experience to work for you today.
RenuVest is a team player. We respect the relationships that property owners have established with commercial loan officers and real estate brokers, accountants and attorneys. We welcome you and any of your team members to contact us for more information on how we can help you.