Main Image

Asset management for constructed or under-development properties.

  • Strategic Plan Development
  • Acquisitions, Underwriting and Due Diligence
  • Financial Advisory
    • Development Pro Forma & Feasibility Analysis
    • Operating Income & Expense Analysis
    • Third-party Debt Acquisition
  • Governmental Approval, Design and Construction Management
  • Property Management and Property Accounting
  • Asset Rehabilitation & Repositioning
  • Marketing and Sales Management

High Prairie Polo Club – Case Study

High Prairie Polo Club was a 1,050 acre rural broken residential subdivision in a partial state of completion.  The property was originally approved for 60 residential lots and community amenities and held by a national bank holding company as owned real estate.  The original developer had invested approximately $14.5 million in the project.  CCRA sourced the opportunity, negotiated the terms with the bank for a purchase price at 25% of the historic cost and conducted all the due diligence for the investor.

Colorado
5299 DTC Boulevard
Suite 815
Greenwood Village, CO 80111
Telephone: 303.721.8755
Cordes & Company Realty Associates, Inc is a real estate brokerage company licensed in the State of Colorado which is affiliated with, but separate from, Cordes & Company which performs services as a receiver. Cordes & Company Realty Associates, Inc is providing brokerage services regarding these properties.

Suni Devitt, Managing Director