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What’s the best VDR and why is it datasite?
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I hope l the hotel’s neighbors don’t have your address lol might not be very pleased to have a homeless shelter next door
It's much better than in the streets
Coach
get an independent appraisal done first before you do anything.
don’t reach out to some city employee about this. contact your city council representative or the city council representative whose district the property falls within
How noble!
Good point. Then this assume heavily that the city/town has resources for such a purchase. Most do not.
Amazing thought, no ideas here but would love to be updated as you move forward
This happened in Charlotte NC.. it was sold to a nonprofit backed by the local govt
Mentor
Austin did this. Purchased way over value at $9M for 80 rooms. I understand the purchase process was a mess. It’s city land but not in our main county, it’s in the county to the north. Of course the city didn’t do much to communicate what was a happening and lawsuits were threatened by both private and public individuals.
After purchase, The building sat vacant for quite a while and ended up getting vandalized very badly.
The renovations cost skyrocketed and I’m not even sure where it stands now.
Like anything with government, poor planning and poor execution with high costs and little ending value.
That sucks. Trying to help people return to normal life and get red taped to death and legal and vandalism costs piled on. Then everyone thinks it was (just) poor planning and doing the right thing is "too expensive".