APM Real Estate is eagerly seeking joint venture opportunities in Center City and South Philadelphia. When exploring options for a joint venture, you can feel safe knowing that APM is invested in your satisfaction. Sometimes a property is purchased as an investment, but funding may come short, whether it is setbacks causing this, or the inability to acquire monies because of the current economic crisis.
After investing time and money into a property, it is understandable that some people do not want to lose ownership even with a cash settlement. APM is interested in working with you to develop, or finish developing your property so that it can become a prosperous and income producing asset.
APM will acquire all financing necessary for renovations and developmental costs, you will never be responsible for any monies, and you can still retain ownership of the property. The building will be developed in whatever way that will yield the highest profit, and rented accordingly. The agreement period can be customized to fit any owner's situation. Once these apartments produce enough income for the owner, they can buy out APM's investment, and re-acquire complete ownership and management of their property.
An example of this type of agreement is at 1201 Spruce St., which is now being developed into luxurious apartments on the upper levels, and prime location commercial space on the ground level.
If you are interested in developing your property or are seeking assistance in turning your building into a profitable asset, APM is ready to discuss the possibilities that you property has.
