REO to Rental – Affordable Housing – Green Space Initiatives – Receivership
REO to rental:
For investors adding tenant occupied REO properties to their portfolio, partner with Gryphon Group for our experience in tenant laws and local building codes to help maintain and maximize your ROI.
• Complete rehabilitation and construction services
• Recurring maintenance services
• New tenant preparation services
• Tenant service requests
Affordable housing:
Gryphon Group has the experience, resources, and local market presence to collaborate with banks, local community groups, nonprofits, and governments that are leveraging funds to buy back foreclosed properties with the goal of creating affordable housing in their communities.
• Complete rehabilitation and construction services
• Recurring maintenance services
• New tenant preparation services
Green space initiatives:
A structure is considered ‘blight’ when it exhibits objectively determinable signs of deterioration sufficient to constitute a threat to human health, safety, and public welfare. Demolition is a viable solution when used in conjunction with a revitalization plan to help stabilize neighborhoods impacted by blighted properties. In fact, many cities across the country are piloting land bank and demolition programs. Federal funds have been set aside specifically for demolition. Gryphon Group has the experience and resources to collaborate with local government officials to coordinate and manage the demolition process.
• Demolition services
• Construction services
Receivership:
Gryphon Group has collaborated with bank attorneys, the Massachusetts Attorney General’s Office, and building inspectors on several receivership projects. We provide complete rehab and construction services and communicate with all parties for a successful and cost-effective outcome. In many cases, due to the cost savings we provide, receivership is avoided altogether.
• Complete rehabilitation and construction services
• Management oversight and communication with all parties
Why Gryphon Group:
• Hands-on leadership
• Highly trained and experienced internal team
• Attention to detail
• Relentless work ethic
• Dedicated and experienced contractors
• Industry specific technology platform
