Real Estate Owned

With decades of “hands on ” operational experience in the acquisition , development and sale of residential real estate Barker Street can proved the steady hand required to assess and stabilize REO assets acquired by Financial institutions and Investment firms . Our approach to REO assets is different in that beyond the primary goal of holding value our comprehensive assessment looks also for ways to add value by capitalizing on opportunities to re-position the physical property based on current and future market demand, product preference, and development cost. Understanding the intrinsic or hidden value of a property plays a big part in the disposition strategy. Once the initial strategy is determined , either Stabilization of Re-positioning , comprehensive onsite project management is available to manage all of the aspects of the project including public affairs , jurisdictional compliance, HOA and Builder relations , development operations and sales and marketing. All activities are driven by strict adherence to the approved budget and project schedule.

Third Party Reviews

In addition to active management of REO assets, Barker Street is available for third party confidential reviews of pre and post reorganization business plans on individual or portfolio of assets. The senior leadership of Barker Street has worked on projects for the nation’s largest financial institutions to analyze the viability of reorganization business plans comprising some of the largest portfolios of real estate holdings in the country.