{"id":1734,"date":"2022-06-28T15:44:05","date_gmt":"2022-06-28T05:44:05","guid":{"rendered":"https:\/\/equityand.co\/?page_id=1734"},"modified":"2022-09-27T12:05:04","modified_gmt":"2022-09-27T02:05:04","slug":"acquisition-of-distressed-property","status":"publish","type":"page","link":"https:\/\/equityand.co\/acquisition-of-distressed-property\/","title":{"rendered":"Acquisition of Distressed Property"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1734\" class=\"elementor elementor-1734\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-686fb34c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"686fb34c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-590faf5f\" data-id=\"590faf5f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d9daf48 elementor-widget elementor-widget-heading\" data-id=\"5d9daf48\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Acquisition of distressed property<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-91464e8 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"91464e8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d11904b\" data-id=\"d11904b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-c235e77 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c235e77\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3a17dbc elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"3a17dbc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9e20a0 elementor-widget elementor-widget-image\" data-id=\"f9e20a0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"44\" height=\"450\" src=\"https:\/\/equityand.co\/wp-content\/uploads\/2022\/09\/vertical-line-1.png\" class=\"attachment-full size-full wp-image-3484\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8a06589\" data-id=\"8a06589\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-31d631a elementor-widget elementor-widget-heading\" data-id=\"31d631a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a Distressed Property Acquisition?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-697e2d5 elementor-widget elementor-widget-text-editor\" data-id=\"697e2d5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A distressed property be it a development site, close to completion development project, almost ready to start development project or a commercial building but is distressed for the following reasons.\u00a0<\/p><ul><li>Relationship failure. The corporate owners of the property may be entering a separation or business dispute and require a property to be sold quickly. To achieve this goal, they reduce the price.<\/li><li>Declining value. For various common reasons, the property may be potentially losing its value and its vendors may wish to liquidate before the debt becomes higher than the value.<\/li><li>Mortgagee-in-possession. A commercial borrower may no longer be able to afford mortgage repayments, or refinance their development site or commercial building<\/li><li>Deceased estate. It is often the case that the trustee of an existing loan advance, can no longer access drawdowns of a construction loan in the event of death the mortgagee. The facility is restructured to enable drawing down any further funds.<\/li><\/ul><p>\u00a0<\/p><p>Equity &amp; Co has access to a pioneering book of distressed property that is available to us prior to the market and tier 1 real estate agents being offered the property. Enabling Equity &amp; Co to turn a distressed asset into a non-distressed asset through assignment and non-assignments to get maximum value returned to the owner.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c98846e\" data-id=\"c98846e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a22af32 elementor-flip-box--effect-fade elementor-widget elementor-widget-flip-box\" data-id=\"a22af32\" data-element_type=\"widget\" data-widget_type=\"flip-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-flip-box\" tabindex=\"0\">\n\t\t\t<div class=\"elementor-flip-box__layer elementor-flip-box__front\">\n\t\t\t\t<div class=\"elementor-flip-box__layer__overlay\">\n\t\t\t\t\t<div class=\"elementor-flip-box__layer__inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper elementor-view-default\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"elementor-flip-box__layer elementor-flip-box__back\">\n\t\t\t<div class=\"elementor-flip-box__layer__overlay\">\n\t\t\t\t<div class=\"elementor-flip-box__layer__inner\">\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Acquisition of distressed property What is a Distressed Property Acquisition? A distressed property be it a development site, close to completion development project, almost ready to start development project or a commercial building but is distressed for the following reasons.\u00a0 Relationship failure. The corporate owners of the property may be entering a separation or business [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/pages\/1734"}],"collection":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/comments?post=1734"}],"version-history":[{"count":0,"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/pages\/1734\/revisions"}],"wp:attachment":[{"href":"https:\/\/equityand.co\/wp-json\/wp\/v2\/media?parent=1734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}