In today’s strapped economy, many struggling homeowners have difficulty selling their properties. Oftentimes, those in need of immediate cash flow will find themselves selling their properties at a substantial discount. The real estate research firm Radar Logic, for instance, estimates that the discount that sellers face at the moment averages approximately 40%-.
Helping those in need, companies like Transcendent Investment Management with Jordan Kavana offer a balanced strategy. While purchasing properties from banks, courts and other sources, TIM can purchase and sell single-family homes, condominiums and multi-family properties while also purchasing properties for rental.
As TIM explains, “This provides capital gains balanced with a stable cash flow from a portfolio of value-priced hard assets.” Transcendent earns its returns by serving as a capital provider for distressed properties and best in class investment manager across the country. Their knowledgeable team finds high absolute return investments in real estate that show fundamental value, a favorable risk-return profile and an identifiable exit.