WHY USE A CONSULTING FIRM

EXTENSIVE & EXCLUSIVE EXPERIENCE
Multifamily is a specialized asset class which requires extensive experience to successfully manage turnaround situations. Most lenders and equity investors do not have the necessary experience or time to manage the complex restructuring issues related to apartments.

Firms often form asset management teams that are generalist over a multiple of product types and are based in the headquarters. Since such teams usually don’t have first hand knowledge of the markets, let alone the submarket, there is usually a lag time in putting together teams and processes

IMMEDIATE EXECUTION
Losses can be mitigated when the best strategic decisions can be made and implemented quickly.

SPECIFIC & LOCAL KNOWLEDGE
Significant differences exist between geographic areas and asset classes. Determining the best strategies depends on knowledge of the variables unique to each market and each asset, as well as the capacity to provide best actionable analysis.

ESTABLISHED RELATIONSHIPS
Many different vendors and service providers are needed to successfully restructure or foreclose assets. Tapping into an established network of strong relationship across the country saves time and reduces cost.

ABSOLUTE FOCUS
An apartment consulting firm offers the specialization and focus necessary to quickly employ successful turnaround strategies and allows the client to focus resources on other engagements.