North Carolina Property Management Company Considering Acquisitions
For those experienced in the real estate market, a market downturn can be a great time to buy. Since it appears we are near the bottom of the freefall on property values, smart investors are looking at opportunities to make acquisitions, the same is
Online, October 24, 2009 (Newswire.com) - William Douglas of WM Douglas Property Management at http://www.wmdouglas.com is actively looking for partnerships and acquisitions of Association management companies in the Florida area and many other states in their region. The recession is taking grip in Florida and it can be difficult for the Homeowners Association management to collect homeowner's dues during recessionary times. Coupled with the fact that some properties have been foreclosed on and are no longer part of the monthly cash flow, some Association management companies are looking for immediate or long term exit strategies.
Quality property management companies are always in demand. During recessionary times, collecting homeowner dues is a challenging task for any association and that's where experienced Association Management companies come in. With decades of working with homeowners, they know how to precisely make the entire process easy for both HOA's and homeowners alike.
According to William Douglas of http://www.wmdouglas.com, "Despite troubled times, he is holding it's own in the Florida Property Management market. This is not the first time we have ridden out a recession or experienced difficult market conditions, since we got in the business in 1980. We know that a difficult market is actually opportunity to expand quickly, which is exactly what we are doing."
This smart company is staying one step ahead of the curve and actively looking to make strategic acquisitions of companies. They are looking to partner with all sizes of association management companies in North Carolina, South Carolina, Georgia, Florida, Tennessee and Virginia, which are they states they specialize in. For owners of association management companies that are seeking an immediate exit strategy, their acquisition strategy allows a win-win solution. Those that want an eventual exit strategy can take advantage of a partnership agreement structured around their time frame and terms.
For more information, visit http://www.wmdouglas.com/partnerships-acquisitions.
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Tags: association management, financial management, North Carolina Property Manageme
