Retreat Capital Management Group, a provider of loss mitigation and portfolio management products, is now offering property preservation services to its clients.
Through a partnership with Santa Fe Springs, Calif.-based Elevate Property Services, Retreat Capital will provide services including inspections, initial securing services (such as lock changes and removal of debris), code-violation abatement, ongoing maintenance and full renovation services (e.g., paint, flooring, and repairs). The services can be ordered individually or in customized packages, Retreat Capital says.Â
"Because property preservation encompasses such a wide range of services, there are a large number of vendors that must be managed by already strained [real estate owned] departments. This can appreciably delay disposition," says Jim Orth, managing partner for Retreat Capital. "Our property preservation division gives our customers the efficiency of a single service provider; the flexibility to customize services; and a skilled, outsourced team to manage the entire process."
SOURCE: Retreat Capital Management