Skip to main content

Retreat Capital now offering property preservation services to its clients

NationalMortgageProfessional.com
Mar 30, 2010

Retreat Capital Management Group, an end-to-end provider of loss mitigation and portfolio management products and other services for lenders, servicers, asset managers and investors, is now offering property preservation services to its clients. By adding property preservation to its menu of product and service offerings, Retreat Capital is providing lenders with a single-source location for managing each step in the loss mitigation and portfolio management process. “If often doesn’t take much for a vacant foreclosed property to fall into such disrepair that disposition becomes significantly impaired,” says Jim Orth, managing partner for Retreat Capital Management. “Our property preservation services give our lender clients a simple way to get and keep their REOs in top shape so they can shorten their time on the market and maximize their returns.” Through a partnership with Elevate Property Services, Retreat Capital’s new property preservation services include inspections, initial securing services (such as lock changes and removal of debris), code violation abatement, ongoing maintenance, and full renovation services (such as paint, flooring, and repairs). These services, which can be ordered individually or in customized packages, are standardized so lenders can be sure that each property will be handled in a uniform and consistent manner. “We’re partners in optimizing outcome,” says Andrew Layland, vice president of Elevate Property Services. “We focus on maximizing the value of properties through high-quality maintenance services and standardized renovation, all provided in cost effective design packages derived from market experience." “Because property preservation encompasses such a wide range of services, there are a large number of vendors that must be managed by already strained REO departments. This can appreciably delay disposition,” said Orth. “Our property preservation division gives our customers the efficiency of a single service provider, the flexibility to customize services, and a skilled, outsourced team to manage the entire process. Retreat Capital offers a convenient way to expedite the disposition process and achieve the highest returns.” For more information, visit www.RetreatCapital.com. 
Published
Mar 30, 2010
Chinese Property Giant Evergrande Falters, Threatening U.S. Investors

On Monday, investors across three continents dumped their stocks, mainly out of fear that the world’s two largest governments — the United States and China — would undercut the beginnings of a global economic recovery. 

Industry News
Sep 22, 2021
Compass Mortgage Expands In Four Additional States

Compass Mortgage is now licensed in Virginia, Washington, North Carolina and South Carolina.

Industry News
Sep 22, 2021
Enact Holdings Completes IPO

Genworth Financial Inc. announced the completion of the initial public offering for its subsidiary Enact Holdings Inc.

Industry News
Sep 21, 2021
Offerpad Expands Into Kansas City, St. Louis

Tech-Enabled Platform For Real Estate Transactions Now In 20 Markets

Industry News
Sep 20, 2021
KBRA Assigns Preliminary Ratings To RCKT 2021-4

Includes 1,002 Residential Mortgages With An Aggregate Principal Balance Of $968.4M

Industry News
Sep 20, 2021
KBRA Assigns Preliminary Ratings To SEMT 2021-6

Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M

Industry News
Sep 16, 2021