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Permitting & Entitlement Issues Engineering Issues Encumbrances Liens Note Purchases Construction Funding Solutions Development Revitalization Lots / Land Aquisitions PUD Approvals Multifamily Properties Apartment Sites Recreational Land Special & Pooled Assets Bank Owned Land Warehouse Industrial and Office
AREAS OF EXPERTISE
Retail Business operating since 1994, expanded into multiple locations.  Finds itself in trouble during the collapse of financial markets, floor plan financing pulled. All portions of the business and real estate holdings serve as collateral under one roof.  Business is facing bankruptcy and its storefronts face foreclosure. BUSINESS HIRES Land Marketing Company (LMC) to evaluate and restructure Debt Service to prevent bankruptcy. RESULT:  LMC evaluates options, explores bank scenarios, is injected into unraveling collateral on loan with multiple lenders. LMC provides note purchasers to bring operating costs down, liquidates one location and secures other locations.  Business operating at a fraction of the costs, business rebounding and growing currently.
ACTUAL TRANSACTION 1: ACTUAL TRANSACTION 2: ACTUAL TRANSACTION 3: REAL PROPERTY SPECIALISTS, DEVELOPMENT, COMMERCIAL, REVITALIZATION & RESTRUCTURE
Stalled Development.  Property Values from Original Sitework declined 50%. Development is a complete disaster; sewer pipes broken off, drain fields in disarray, stormwater retention ponds overflowing, infrastructure deteriorating, community is absolutely DEAD. INVESTOR HIRES Land Marketing Company (LMC) to find distressed asset deals for revitalization providing 20% returns on investment. RESULT: Investor commits to purchase a stalled development in a good location with potential identified by LMC and it’s financial reports. LMC works agreements out with banks involved, LMC performs due diligence items for the deal.  Investor closes deal, LMC completes repairs and revitalization efforts.  LMC sells out finished lots within 60 days. LMC provides investor 51.4% return within 90 days of loan commitment and final closing.
Developer has a development underway when the housing market was hot, completed infrastructure,  ran into delays and delivery of lots ran beyond initial timing.  Financial markets and real estate began a fall, sales began to stall.  Financial markets had plummeted, banks were calling developer notes, and sales were non-existent. Developer being squeezed by banks and the market, developer ends up with a development worth $4.5 million and debt of $10.1 million.  Developer is facing foreclosure. DEVELOPER HIRES Land Marketing Company (LMC) RESULT: Developer is out of the deal within 90 days, bank note is satisfied, no liens or judgments issued, community is alive and thriving. 120 new homes on the ground with new  happy homeowners.
OVER 29 YEARS EXPERIENCE
Opening Doors, Growing Communities
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7217 FISHERMAN CREEK DRIVE WILMINGTON, NORTH CAROLINA  28405 EMAIL: SECUREDOCS@THELMC.COM OFFICE: 910-443-6720
LAND MARKETING COMPANY, LLC