We're Capable
Some of Our Capacities
Construction Resources
Cherokee is primarily a real estate investor. Our core capabilities
include in-house construction crews that can quickly analyze the
physical condition of a property, and plan its renovation. This
in-house capability is a competitive advantage over “money investors”
who must hire outside vendors to perform these tasks. We understand
real estate, it's not just the result of a bad loan, it's our core
business. This perspective, and the control and flexibility that comes
from “owning” the resource, provides us with advantages in terms of
costs and responsiveness, and the ability to more reliably budget the
time and money associated with returning a real estate asset to
“performing” status. These resources include experienced construction
and property management crews and equipment.
Property Management
Cherokee owns and operates commercial and residential properties. Our in-house property management function enables us to efficiently and effectively maximize the value of these assets. The control and internalized knowledge associated with having internal management functions reduce operating expenses, increase the value of our portfolio, and reduce our risk profile. Our property management teams are experienced with residential and commercial property management laws in every jurisdiction that we operate. In addition to our own maintenance crews, we have standby agreements with maintenance contractors to insure a response 24/7 for urgent maintenance issues.
Capacity can mean a lot of things, including financial resources, human skills, and total organizational infrastructure. It's having current ability, plus the potential for growth. It's having knowledge, experience, organization, reputation, and focus.
Cherokee is an integrated asset recovery operation, experienced in every phase of asset rejuvenation. We can identify, analyze, acquire, recover, rehabilitate and manage (or sell) real estate or related financial instruments, all in house.
See checking us out for an overview of Cherokee Realty. or download many of our brochures.
For obvious reasons we do not publish detailed financial information on the Internet. However if you are a prospective partner or asset seller, and have an appropriate need to better understand our financial resources, we will document our ability to meet our obligations in a timely manner. In addition to our own reserves, we have substantial external resources including standby credit lines available for acquisitions. We can provide Letters of Credit, and even Bond our obligations, assuring you that a commitment from Cherokee can and will be honored.
The heart of Cherokee's business is the recovery of “non-performing” assets. This usually means foreclosing on mortgages and tax liens, to get title to a property if the lien is not paid. We have recovered real estate, including clouded titles, mortgages including “scratch & dent” loans, tax liens, judgments, and contract rights. Our proven ability to evaluate a situation from the perspective of the collateral property, the viability of a loan or lien, and the condition of the people and organizations associated with the property and debt, enables us to determine the most viable legal strategy to effectuate the optimal recovery.
These resources often span several different Cherokee business units, analogous to the departments of a company.
If you are at this web site “checking us out” because you are
looking for partners or subcontractors on a bidding opportunity, please
see our Cherokee as Subcontractor to Others
page
If you are conducting “due diligence” on Cherokee because you have
assets for sale, please see our Asset Sellers
page.
If you are interesting in exploring a business opportunity with Cherokee, including providing services to us, please see our Prospective Business Partners page.