Property Valuation & Property Tax Reduction

Urbanscape Properties, Inc. provides its clients with timely property tax consulting services. This includes property valuations based on today’s environment, and the processing of property tax assessment appeals on a success contingency basis in order to substantially reduce property tax bills. For its property tax reduction services, the company is only compensated if it is successful with obtaining a property tax reduction. Such services include the preparation and filing of appeals, negotiating with taxing authorities, and going before value adjustment boards when necessary in order to procure lower property tax assessments that result in lower property tax bills. The company’s executives also provide expert witness testimony in courts of law.









Distressed Asset Management & Property Management

Urbanscape Properties, Inc. offers time critical asset management services to banks and lenders to assist with their distressed assets and troubled loans.  The company assesses loans and assets to determine their underlying value and recommend the best course of disposition.  Urbanscape facilitates short sales and workouts on behalf of its lender clients thereby preserving asset value while reducing holding costs.  In addition to providing advisory services, Urbanscape acts as a receiver for its clients by directly managing properties through the foreclosure process.  This includes providing day-to-day oversight to ensure that a property’s value is maintained or enhanced for the highest disposition value.  The company administers the property management of foreclosed properties by supervising the vendors required to physically maintain a property as well as consummate the disposition of it.  Dispositions take place in the form of negotiated sales, brokered transactions and/or auctions with Urbanscape overseeing both conventional and accelerated marketing and sale programs to provide the best disposition plan for a foreclosed property.  Urbanscape utilizes its proprietary list of experienced and trusted vendors to successfully execute its receivership duties.

Urbanscape assists owners and borrowers with renegotiating the terms of their existing commercial property loans.  Regardless of whether the loans are performing, under-performing or non-performing, the company helps borrowers obtain loan extensions as well as reductions in interest rate and principal balance.  Urbanscape acts as an intermediary between borrowers and lenders to structure discounted note purchases that provide greater liquidity for both parties.  Borrowers benefit from such transactions by reducing the amount they owe and getting off their personal guarantee.  Lenders benefit from such transactions by being able to quickly remove loans from their balance sheets and replenish their cash reserves.  Urbanscape provides practical liquidity solutions for both lenders and borrowers that allow each party to remove itself from an unwanted situation.

 

Development & Construction

Urbanscape provides cost effective development and construction management services to its clients.  Leveraging its vast development experience, the company oversees the development and construction of projects to ensure they are delivered on schedule and under budget.  This includes managing third party consultants and contractors in the pre-construction phase of a project as well as during construction to provide due diligence, planning, budgeting, design, entitlements, permits, value engineering, construction management, quality control, loss prevention and risk management.  Clients benefit from the company’s thorough knowledge of the development and construction process as well as its relationships with experienced and trusted consultants and contractors.

Clients can engage Urbanscape for “concept to keys” services for their projects – including complete design-build solutions – or they can pick from a wide assortment of services offered by the company depending on their specific needs.  Either way, Urbanscape delivers timely and affordable solutions to ensure the success of a project.

Investment Management

Urbanscape partners with a wide variety of investors including institutional investors such as insurance companies, pension funds and opportunity funds as well as private equity investors.  The company also provides investment management services to its clients in order to identify opportunities based on their specific investment criteria.  Urbanscape helps its clients with underwriting prospective investment opportunities by preparing market surveys, project budgets and proformas.  The company also assists its clients with contract negotiations, due diligence and project financing related to the acquisition of investment properties.

From land to income producing properties to value-add opportunities, Urbanscape advises its clients on strategically investing in various property types.  The company provides on-going advisory services during the life of an investment to enhance the investment’s value and maximize its return to the investor.