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The firm
presently maintains two offices in the Houston area - one
at 2425 West Loop South, Suite 340, where Matt Saunders,
Jordon Emmott, Robyn Jenkins,
Faith Chandler and Tom Wilkinson perform brokerage and sales
activities, and its corporate office at 4926 Tilbury Estates
Dr., Suite 100, where Kay Tyrrell performs all corporate management functions.
Since
its inception, KET has specialized in the brokerage of apartment
complexes in the greater Houston area, typically "B" and "C"
properties, 200 units and larger. The firm utilizes a number
of services to enable a purchaser or seller to analyze the
market and to timely take advantage of opportunities as they
appear, often in advance of the competition. Investors new
to the market in Houston are given extensive neighborhood
analysis, together with information on current trends for
sales prices, rents, demographic changes, financing conditions
and general economic indicators for Texas and the local Houston
area market.
The firm
maintains extensive computer sales data on apartment projects in Texas
area that are either for sale or which have been sold in the
last several years. The information is available in a
database format so that an investor can quickly match his
purchasing parameters to the inventory of available
properties to locate product suitable for
inspection and possible acquisition.
An ownership
database is also available on all projects built in the greater
Houston area, giving current rents, occupancies, unit mixes,
etc. This database can be sorted to locate all properties
built after a certain date, all properties sold in a particular
period, all projects over a certain size, etc. It also maintains
information on unit mixes, current rents and occupancies for
most of the 3,500+ apartment projects, which are located in
the market.
KET has
extensive experience in marketing and selling REO and
distressed properties, and has worked with the former RTC.
KET is currently working with several conduit lender special
servicers, as well as with FNMA and FreedieMac and other
sellers, to dispose of their multifamily assets.
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