The BerkShire Groups
The Berkshire Group’s focus is on the purchase and long-term preservation of affordable housing. We represent many of the larger and more successful owners of affordable housing nationwide as well as market rate senior apartment owners.
Most of our buyers are not market-timers. They have large portfolios and purchase in high and low markets and therefore allowing the price to average out over time.
With a large portfolio, you don’t have to be a market timer. Some will purchase 100 units and larger. Some have no interest unless the value is in the high multi- millions of dollars. Some have purchased large portfolios containing thousands of units. Some are willing to purchase in tougher markets and their management teams are accustomed to these markets. Some are totally fine with major rehab and some are not. Most all have legal teams that specialize in the affordable housing market and are skilled in solving issues with HUD as they arise.
The result is a much quicker closing primarily due to no contingencies for financing. I have seen these closings go beyond a year. Our contingency periods are normally very short and may include the release of security deposits.
From our experience, sellers prefer not to broadcast their sales. They dislike people roaming their property without an appointment. Most prefer a controlled professional profile for the sale. That is our preference as well.
There are no listings. Owners pay no brokerage. The purchaser pays for our services. We have the utmost confidence in our buyers and we like to eliminate any and all concerns that the owner may have until they become totally comfortable with the buyer, the terms, and the price.
We are pleased to have maintain a perfect record of Peformannce.
We have received (no) negative reports and no Complaints!!! Not one.
There are no listings. Owners pay no brokerage. The purchaser pays for our services. We have the utmost confidence in our buyers and we like to eliminate any and all concerns that the owner may have until they become totally comfortable with the buyer, the terms, and the price.
We are pleased to have maintain a perfect record of Peformannce.
We have received (no) negative reports and no Complaints!!! Not one.
About Jerry James
I graduated with three business degrees and a minor in law. Upon graduation, I served as an officer in the United States Navy. For the past 25 years, I have specialized in the purchase, sale, and exchange of affordable housing apartments nationwide. Early in my career, I received the designation of Certified Commercial Investment Member (CCIM). This is the most advanced Commercial Real Estate Designation, and less than 10% of Commercial Real Estate Brokers hold this designation.
Businessman
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Businessman
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Businessman
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