Our Restructuring Services Group develops and executes solutions
designed to quickly and efficiently evaluate property conditions,
stabilize operations and preserve capital.
Our deep roots as one of the largest and most respected property
management and development firms make The Habitat Company the first
choice when financial and management performance becomes
strained.
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Property Preview
The Habitat Company assists clients with the initial report, the
first step in the stabilization process. Our inspection report
provides a detailed physical and financial overview of the subject
property including timely, accurate and detailed information.
- Physical Inspection - we provide a complete report detailing
visible building deficiencies, photos of the asset and the
surrounding area, and comments from our in-house architect and
engineer.
- Sub-Market Report - determine each asset's position in the
market to help maximize its value.
- Operations/Financial Review - provide a complete analysis of
accounts receivable and accounts payable.
- Broker Opinion of Value - partner with brokers most suited for
an asset.
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Supporting Counsel
- Receivership Order - an important aspect of a successful
transition to ensure that the proper assignments are in place and
the property's operations continue.
- Receiver's Reports - provide monthly or bi-monthly reports for
the courts, and include financial and physical conditions of the
property.
- Consulting - we have the knowledge, insight and appreciation
for the vast assortment of potential legal issues facing strained
and destabilized properties.
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Strategic Transition Team
The Habitat Restructuring Services Group includes attorneys, CPAs,
MBAs, Engineers, Architects, real estate brokers and oversight by
our top executives.
- Seizure of assets
- Review status of insurance
- Review of lease and vendor contracts - maximize income, limit
exposure.
- Physical inspection - identify and cure life safety issues,
determine which units are not in rentable condition and conduct a
complete exterior inspection.
- Leaseholders - contact all leaseholders to ensure rents are
paid to receiver.
- Vendors - review contracts to ensure essential services are not
halted.
- Local Government - update emergency contacts and continue
discovery of pending items at the asset.
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