MCA Real Estate Advisory Group
In response to the recent and dramatic changes in the real estate market and the heavy demand for managed asset services, MCA formed its Real Estate Advisory Group, or “The Real Estate Advisory Group.” The Real Estate Advisory Group provides expanded full service solutions to secured lenders and investors for their troubled real estate assets. The Real Estate Advisory Group professionals are trained and experienced in the area of managed real estate services for developed and undeveloped land, residential subdivisions, apartments and condominium complexes, shopping centers, and industrial and other commercial properties. As court-appointed receivers or in a bankruptcy setting, The Real Estate Advisory Group provides a communication interface among lender, borrower/owner and tenants/residents, property management, construction management, and development-related services on the behalf of investors and lenders.
- Property Management
- Construction and Project Build-out Services
- Zoning and Entitlement
- Compliance
- Security and Maintenance
- Asset Disposition
- Brokerage
- HOA and Resident Communications
- Owner/Borrower Communications
The Real Estate Advisory Group is a seasoned group of professionals specializing in strategic real estate management and disposition. They have the hands-on experience and knowledge needed to assist lenders and investors in identifying and implementing optimal exit strategies for their challenging assets. The Real Estate Advisory Group provides valuation services, security and construction services, compliance monitoring, property management, brokerage services, and financial accounting management. When investors are not able to manage these critical responsibilities, The Real Estate Advisory Group gives them the freedom to focus their efforts on larger strategic issues.
The Real Estate Advisory Group’s professionals have experience in management construction, development, and real estate sales and marketing. They maintain strong relationships with valuable third-party licensed general and other contractors, allowing them to navigate efficiently and successfully in a challenging real estate market. While upholding MCA’s standards of quality service, integrity, and value-added support, the Real Estate Advisory Group effectively maximizes recovery and reduces exposure for lenders and investor clients in an ever-changing real estate market.
- MCA Real Estate Advisory Group Provides Hands-On Turnkey Real Estate Management and Disposition Services:
MCA has been successfully providing real estate management and disposition services to secured lenders in the western United States since 1999. Our professionals first assist lenders and investors in identifying the optimal exit strategy for their assets and then implement that strategy through cost effective management. MCA has served as receiver or advisor to secured lenders on over 40 projects. In these cases, MCA took control over real estate development projects on the lender’s behalf and managed the assets; MCA secured control over project cash flow, obtained and verified property budgets, interfaced with the owner/borrowers, provided security, and monitored compliance with state regulators (such as the DRE and the DEQ). MCA finished construction or development to position the real estate for sale, sold both finished and unfinished projects – based on the lenders’ needs and market conditions.
- MCA Real Estate Advisory Group Provides Full Service Asset Management:
The Real Estate Advisory Group assists lenders in the development of innovative asset strategies that maximize recovery and reduce exposure. The Real Estate Advisory Group develops workable plans that help lenders own and hold real estate while reducing the time, effort and complexities of REO assets.
- MCA REAL ESTATE ADVISORY GROUP Team of Real Estate Professionals:
The Real Estate Advisory Group’s professionals have the real estate expertise needed to deliver the highest quality service and the best results for lender and investor clients. For each engagement, the Real Estate Advisory Group puts together a team of operational, financial, and management personnel to provide daily hands-on management. Each team maintains and safeguards real estate assets, develops budgets based on the lender’s objectives, evaluates construction quality (both land development and vertical construction), manages the build-out of work-in-process assets (or the tear-down of assets, as the case may require), and provides an optimal exit strategy via a sale or other transaction.
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Benefits to Lenders/Investors:
The Real Estate Advisory Group’s primary goal is to provide lenders/investors with service-oriented, cost effective, sound alternatives to managing and disposing of real estate assets either in-house or outsourcing some of these responsibilities to individual contractors or brokers on a case-by-case basis. The Real Estate Advisory Group delivers a consistent management and reporting platform that allows lenders/investors to focus their efforts on the larger strategic picture, rather than the day-to-day, time consuming details and responsibilities involved in asset management.
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Value Added by MCA REAL ESTATE ADVISORY GROUP:
The Real Estate Advisory Group provides all asset management services – including strategy assessment, marketing, construction, accounting, borrower/owner interface and financial management for each project. Detailed reporting is provided, based upon clients’ internal requirements.
The Real Estate Advisory Group bills clients for all direct costs associated with the project, plus a reasonable monthly management fee to cover staff time and expenses. A project fee is earned by the Real Estate Advisory Group equal to a percentage of the proceeds received by the lender/investor upon the disposition of the real estate assets. Under this scenario, lenders and investors are given cost effective, independent, and consistent service, which aligns the financial interests of the Real Estate Advisory Group.
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MCA Brokerage Services:
MCA Brokerage Services, a wholly owned subsidiary of MCA Financial Group, is a licensed real estate brokerage firm by the Arizona and Nevada Departments of Real Estate. This team of professionals provides real estate sales and property management services.
For more information on the MCA’s Real Estate Advisory Group, please call:
Morrie Aaron 602.710.2501
Keith Bierman 602.710.2502
James Donley 602.710.2522 (designated broker, MCA Brokerage Services, LLC) |