Business advisory firm SMITH-TRG, headquartered in Gaithersburg, Md., has launched Hidden-Asset Value Solutions (HAVS), a new service designed to help commercial real estate owners identify and exploit the business value potential of portfolio assets.
With the service, users can identify non- or underperforming real estate assets, convert candidate assets into recurring revenue, reclassify and/or monetize those assets, and create a new source of continuous business value, the company says.
Richard D. Smith, president of SMITH-TRG, says right now is ‘perfect timing for HAVS, especially given last week's Commercial Mortgage Securities Association annual Investors Conference, where lackluster market conditions, defaults and deliquency trends were discussed.’
