The picerne group Review

About The picerne group

The Picerne Group, Inc. is a real estate investment company that was founded in 1988 by Ken Picerne. The company has gained a reputation for its expertise in distressed debt investment, apartment acquisition and investment, apartment development, land development and entitlement.

With over three decades of experience in the industry, The Picerne Group has established itself as one of the leading real estate companies in the United States. The company's success can be attributed to its commitment to excellence and innovation.

One of the areas where The Picerne Group excels is distressed debt investment. This involves purchasing non-performing loans from banks at a discount and then working with borrowers to restructure their debts or foreclose on properties if necessary. By doing so, the company is able to generate significant returns for its investors while also helping homeowners avoid foreclosure.

Another area where The Picerne Group has made a name for itself is apartment acquisition and investment. The company acquires underperforming multifamily properties with significant upside potential through renovation or repositioning strategies. By improving these properties' physical condition or management practices, they are able to increase occupancy rates and rental income which leads to higher returns on investments.

In addition to acquiring existing apartments, The Picerne Group also develops new ones from scratch. They have an experienced team of architects, engineers and contractors who work together seamlessly throughout every stage of development process - from site selection through construction completion - ensuring that each project meets their high standards for quality while maximizing profitability.

Land development & entitlements are another area where this group specializes in; they have extensive experience working with local governments on zoning changes & permits required for developing land into residential communities or commercial spaces such as shopping centers etc., which requires navigating complex regulatory environments successfully.

The team at The Picerne Group consists of highly skilled professionals who bring years of experience across various disciplines including finance, law & engineering among others; this ensures that all aspects related to real estate investments are handled efficiently & effectively resulting in successful outcomes time after time again!

In conclusion: If you're looking for an experienced partner who can help you navigate complex real estate transactions successfully while generating attractive returns on your investments then look no further than "The picerne group". With their proven track record spanning over three decades coupled with their commitment towards excellence & innovation makes them stand out amongst other players within this space!