Thousands of banks, finance companies and investment firms have either inherited or purchased vacant land, partially completed projects or non-performing commercial properties as the result of the economic downturn. These companies have been forced to function as real estate developers, construction managers or sales agents. The wrong exit strategy can cost millions, while the right one can turn a profit. Par Development can make that difference.
You're not in the business of developing, constructing, or selling commercial properties, but we are. Par Development, Inc. is a commercial development and consulting firm that specializes in converting non-performing properties into performing real estate. We can analyze your property, and based on your capital resources and long-term goals, plan and execute the best exit strategy for that property.