Five Steps to Successful Building Acquisitions
Summary
In addition, complete pro-forma models for building and evaluate the anticipated results of the projected cash flows, net revenues and value add opportunity.The entrepreneurs saw an opportunity in the Chicago market to create a real estate firm that serves as both the property owner and the building manager, utilizing a call center to support the high bar for service and scalability.Chicago, IL, July 24, 2013 --( PR.com )-- Deciding where to invest money can be a difficult process for real estate investors, especially with the always changing housing market.For Pangea Properties , a private real estate investment trust (REIT) that focuses on providing quality and value at an affordable price point, taking the time to fully evaluate each aspect of a building is the key to successful acquisitions.“Since our focus is in lower-middle income neighborhoods, our theory is to select each of our buildings with precise care,” says Pangea Properties CEO Al Goldstein.The entrepreneurs saw an opportunity in the Chicago market to create a real estate firm that serves as both the property owner and the building manager, utilizing a call center to support the high bar for service and scalability.