LAND BROKERAGE SERVICES
When financing sources tighten up, land becomes the toughest real estate asset class to move. Whether it is raw land, land with entitlements, or semi developed land, Padua Real Estate has the experience and ability to think outside the box in order to provide clients with every available option.
Raw Land: Raw land is the most illiquid form of real estate which makes it the most difficult asset class to obtain financing for using conventional sources under any economic situation. For this reason, a raw land sale will either require a cash purchaser or an investor utilizing a specialized financing instrument. Padua Realty has working relationships with many residential and commercial developers and investors that have the ability to purchase the land as an investment or as the end user. Once hired, Padua Realty will provide you with a site evaluation identifying the highest and best use of the land and its associated value which will determine the best marketing approach.
Developed Lots: Padua Realty has relationships with all the major home builders in Texas, with an emphasis in the Houston area. Currently, the glut in lot inventory at the local, state, and national levels means that a pro-active approach to marketing, managing and selling lots must be used.. In some cases the market conditions will largely dictate the timing of home building activities despite best marketing efforts. As an alternative solution, Padua Realty has close connections with investors, both domestic and foreign (many in Latin America), that can bridge the gap before market conditions allow home building activities to resume on a particular tract. Whether you need to move all of your lots or settle for a take down scenario, Padua Realty will work with you to meet your specific needs.
Commercial Tracts: Commercial Tracts are a tricky asset to sell in any economy as the surroundings of the Tract will largely dictate the best use of the land (i.e. population density, access, nearby developments, socio-economic factors, etc). Padua Realty has connections to independent and major developers in Texas as well as outside of Texas and has the ability to market the Tract to all of appropriate contacts. Whether a conventional sale of a commercial tract, a joint venture with a developer or other unique methods, Padua Realty will find the right way to move a particular piece of property to meet your needs.
RESIDENTIAL INVESTMENT BROKERAGE SERVICES
Residential Investments must be analyzed on a case by case basis to determine the appropriate marketing techniques. Whether it is an investment geared towards regular cash flows, profit at sell out, or a combination, Padua Realty will work with you to determine the most marketable method.
Single Family Communities: Single family developments (including partially completed developments) offer great versatility in the marketing approach because the potential target market is immense. These can be sold individually to end users (owner occupants), individually to investors (leasing out), as groups to investors for regular income (single family residential rental communities), and as groups to investors at value prices for resale. Padua Realty will analyze all available options and market the tract to all appropriate potential purchasers. Padua Realty’s network of potential purchasers includes investors, builders, brokers and developers that have a wide range of investment preferences.
Multi-Family Developments: Padua Realty has a unique edge to sell unconventional multi-family developments, such as blocks of condominiums or apartment complexes with sub-optimal occupancy rates by utilizing its network domestic and foreign private investors that understand the multi-family real estate industry.
COMMERCIAL INVESTMENTS
Ending in Third Quarter 2009, Commercial Property transactions in the US were down approximately 75% from its peak in 2007 according to many experts. Conventional purchasers are increasingly risk averse, more conservative, and are demanding higher cash flows. In addition, financing options are more limited and the amount of leverage that lenders are comfortable with has dropped considerably. Commercial investments, especially unconventional deals or deals that don’t cash flow right away, require a special type of purchaser. Padua Realty’s network of investors include many that are willing to take on deals that require investment, changing strategy and / or improvements to management and operations in order to reap the benefits.
Planned Development Communities: Successful single family, mixed use and master plan developments require seamless coordination of many factors, including market research, land planning, engineering, financing , construction, legal issues, marketing and research, entitlements and negotiations with governmental bodies, etc. Having vast development experience, Padua Realty understands all of these factors and has the ability to effectively communicate these investment opportunities with l potential purchasers or investors.
General Commercial: Padua Realty can also broker retail, office and industrial properties. Padua Realty’s edge over the bigger brokerage firms will come in selling assets where cash flows are impaired, due to its extensive network of value investors.
INTERNATIONAL
The principals of Padua Realty have extensive experience in investment, development and brokerage of properties in Latin America (mainly in Mexico) having been involved in residential and / or commercial projects since 1974. Padua Realty has a network of trusted partners in various Latin American cities where it has facilitated successful business transactions. More importantly, Padua Realty understands the political, legal, financial, and marketing issues foreign investors face when buying property in Latin America (especially in Mexico). This can be a daunting task for purchasers that are not accustomed to these differences as well as the sharp contrasts in culture.. For these reasons, Padua Realty has an edge to market and sell properties in Latin America, especially in Mexico.. Whether the properties are single family, multi-family, hotel and / or commercial developments in Latin America, Padua Realty has what it takes to move property south of the border.
