About PART
It is a daunting task for those making decisions regarding poorly performing loans and foreclosed real estate to restore value to these assets. With the plethora of variables and the turbulent economic times, asset managers within bank owned real estate departments need a comprehensive source of information and service. Most importantly, you need solutions that often require specialized services. However, the marketplace for these specialties is quite fragmented and not organized into one coordinated effort. This leaves the banker with the task of coordinating solutions to numerous problems, which too often is simply not within his or her expertise.
In response to this dilemma, Acquisition Consultants has formed a collaborative effort to address all of the obstacles that arise. We provide well rounded advice through all of the relevant market participants and then roll up our sleeves to solve your asset problems. In the end, we save you valuable time and bring tremendous clarity to the process and decision making. We did this by forming the Problem Asset Recovery Team or PART.
How and why was PART formed?
"We make your real estate work again and restore it to maximum profitability."
After graduating from Florida State University with a degree in Finance and a degree in Real Estate, Jonathan Moore began working in the lending department of a large national insurance company. At this time the company was foreclosing on many of its real estate loans. As a result of dealing with these properties, Mr. Moore became an expert in dealing with underperforming properties. He founded Acquisition Consultants nearly twenty years ago as a broker and developer making a niche business out of fixing broken-down real estate. Given the unprecedented volume of problem assets in the market today, and likely more to come, Mr. Moore embarked on offering the best coordinated solution for the bank asset manager or REO officer.
Acquisition Consultants has interviewed essential service providers in the Central Florida and North Florida marketplace. We narrowed our search to the most knowledgeable, experienced and reputable companies one can find. In addition to Acquisition Consultants, PART includes the law firm of Zimmerman Kiser Sutcliffe, ECS Environmental Services, McCree Construction firm and Pinel and Carpenter appraisers/valuations. These partners are undoubtedly leaders within their industries. Additionally, we have forged affiliate relationships with providers of a variety of specialty disciplines.
The strategy is simple.
We provide one portal to solve all aspects of your problem real estate. Every property requires third party service providers and PART is the one stop source. We would challenge your institution to use one coordinated effort. You need one integrated system that can restore the value of your properties.
We do understand that many lenders might have prior working relationships. In these instances, PART incorporates these service providers into our team for the project in question.