Do you have troubled assets?
Do you have the obligation to list, short sale, gain values, hire appraisers and consultants? Do you have a Board of Directors, a Manager or a Stock Holder saying – “We must see all our options. We need cost spreads, bond status, easements, CUP & application expiration dates… EVERYTHING!” It’s enough to make you throw your hands in the air and say – “This isn’t what I signed up for. ”Clifford & Company will be there to assist you through the entire process.
Clifford & Company can help with any or all aspects of saving troubled assets. What are the options now, five, ten or twenty years down the road? Clifford & Company will provide, not only solutions for today, but “Strategic Snapshots” of future options – Creative options that address your vision, needs, and challenges. Clifford & Company will work with you, hands on, to create a dynamic road map charting how to revive troubled assets and maximize your investment through the years. These “Snapshots” are complete with all of the details that you will need to make intelligent decisions – concept plans, estimated costs, schedules… and choices.
If a full-blown analysis is not what you need, Clifford & Company can help lenders and investors in many ways:
Local Knowledge
Clifford & Company will provide you with a complete analysis of a project, from its viability in the market and an extended P&L, to a hyper-detailed budget and schedule for completion.
Renovation of Distressed Properties
Tim Clifford has extensive experience in building and managing commercial and multi-family developments. He has been brought in to survey, assess, report and fix major damage created by contractor’s use of substandard materials and shoddy workmanship in hundreds of projects. This experience positions C&C to do the same for toxic and distressed properties that lenders have on their books to bring them back into profitability or for sale.
Proposals
Many promising commercial or real estate proposals were conceived and written before the recession and don’t meet the new standards of today’s reality, Clifford & Company will evaluate those existing proposals and help to bring them into compliance with the today’s rigid lender and investor standards.
Tim Clifford understands that a “fix” for a proposal may very well include reevaluating the project itself. Because of technological advances and efficiency issues, many business tenants are evolving to smaller space requirements, so projects must incorporate more flexible design features with more green technology to be competitive in today’s market.
It is a new world and Tim Clifford’s experience, energy and vision will help to rebuild the positive relationship between lenders and developers.
Expert Witness
Tim Clifford has acted as an expert witness in over seventy cases with 35 years of in-depth experience to add authority, strength and integrity to your team.