DISPOSITION SERVICES
From a mere trickle of sales in 2009, the buyers are here!


“Special Assets” of banks have been disposed in a “fire sale” --- perhaps due to regulatory or other pressures ---- or they have been held, managed and re-positioned for the best transaction the New Market will allow.  In any case, there is no excuse for not representing the property in the best light possible.  A one-page brochure will entice the lowest price possible.

Jim Garrigus brings 30 years of experience with buyers of massive tracts of raw land, equity joint ventures, $100-millions of commercial property transactions ---- a vast knowledge of how a buyer views potential acquisitions, which can be translated to the seller’s strategy and positioning of the property.  A whole new array of buyers will be present in the NEW MARKET:  large cash/equity “land bankers” ---- few local builders will still be in business ---- national builders will have different criteria than in the past. 


Typical services include:

Analysis of the project’s land plan vs. the NEW MARKET
Look at options for buyer to pursue to reach different or multiple markets
Explore options with city/county for modifications to meet a different market

Assist seller in all technical & physical presentation of the property or project
Questions answered = less discount by buyer for “unknowns”
A broker with a complete property package has the ability and motivation to SELL

Garrigus Consulting has ongoing contact with a broad segment of potential buyers:
Several national and regional builders with specific criteria
National, international and regional cash/equity funds looking for opportunities

One of the team of professionals with Market Advisory Services
Engaged for physical and market analysis to value and describe assets - disposition or joint venture
Master planned golf community in Georgia on behalf of owner in Colorado
Master planned residential community in Knoxville for bank in Tennessee

Jim Garrigus has managed the sale of multiple-thousands of lots to builders, and over 1,600 acres of land with entitlements to institutional buyers.
Sold thousands of lots to national builders (such as Pulte Homes), regional builders and custom home builders.  Miles of streets have been walked with builders to obtain sign-off on lots and infrastructure.  Brings to the disposition effort not only the view of one who has acquired several $100-millions of property, but also knowledge of buyer’s criteria (builders, investors and developers).