Our successful track record can be narrowed down to four key areas:
1. Acquisitions
2. Finance
3. Stabilization
4. Asset Management
Acquisitions
Our Acquisitions Specialists carefully target desired properties with a disciplined approach. The techniques used ensure that we purchase the best properties in the most desirable locations for the right prices.
Finance
Our team has a proven formula to perform thorough investigations on the target assets. Market studies, building and environmental reviews, and renovation budgeting are performed by our company using the latest technologies to provide sharp and detailed feedback to the Acquisition Specialists, all within a very short time period to expedite the transaction.
Stabilization
After closing, our team immediately commences improvements to bring the asset up to our targeted level of service. This does not mean total renovation and many times entails only cosmetic work to bring the property to our expected placement in the market. Improvement budgets are scrutinized every step of the way.
Asset Management
Michael Franks is in the business of long-term real estate ownership; therefore we acquire, improve, finance, and continue to manage the investments with a sole focus.