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Client: Fiduciary Trust International
(www.fiduciary-trust.com)
Property: 568 Unit Apartment Project
Fiduciary Trust was faced with an internal family dispute over the valuation and ongoing operation of a large, high profile apartment project. RLA was asked to perform an internal due diligence evaluation, extensive underwriting, audit a five-year capital spending plan and ultimately provide opinion of value. RLA’s duties included title work, physical and rehabilitation costing, financial underwriting, market analysis and asset management for transitioning the property to Fiduciary’s asset management program. |
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