the challenge
GrayCo, Inc. is a property management and investment company that buys, sells, and operates multifamily facilities throughout six states. The company is focused on monitoring the condition of their 5,300+ unit garden style apartment complexes to ensure that they are both safe and appealing to renters.
In addition to monitoring their 25+ investment properties, GrayCo, Inc. must thoroughly assess each new property before they add it to their portfolio. This can be incredibly challenging, as the ability to detect concerns with a prospective investment property requires construction expertise.
If a major issue goes unnoticed during the assessment process, it could drastically damage the profitability of the new investment. Therefore, it is essential that all assessments are performed by experienced personnel.
the zumBrunnen solution
GrayCo, Inc. has partnered with zumBrunnen for many years. The company contracts with zumBrunnen for Property Condition Assessment and Construction Monitoring services. During these inspections, the zumBrunnen team conducts a detailed, thorough analysis in order to identify any and all issues with the property.
Once a Property Condition Assessment is complete, zumBrunnen provides GrayCo, Inc. with a detailed assessment report. This document outlines any concerns that were discovered by the zumBrunnen team. The report also provides recommendations for resolving these issues, which allows GrayCo, Inc. to make informed investment decisions.
When GrayCo, Inc. contracts with zumBrunnen for Property Condition Assessment services, an expert responds to the property site as quickly as possible. zumBrunnen then provides GrayCo, Inc. with the assessment report within 24 hours of completing the inspection.
zumBrunnen’s thorough and rapid response times are integral to the success of companies like GrayCo, Inc., as they have to act quickly to capitalize on prime investment opportunities before the property is purchased by another party.
