Property partnerships
Keep the Property. Fund the Repairs. Create Options.
In selected situations, a partnership can make a property viable again — without requiring the owner to sell simply because repairs are unaffordable.
Property revitalization partnerships
What If You Want to Keep the Property — But Can't Afford to Fix It?
In selected situations, PacRim may explore a property investment or ownership arrangement that allows needed improvements to be completed and the property returned to productive use.
This may be appropriate for:
- Inherited homes
- Vacant properties
- Deferred-maintenance rentals
- Properties intended for future family or retirement use
- Properties that could generate income after rehabilitation
Potential arrangements are evaluated individually and may involve renovation investment, shared economic participation, rental income, future buyout provisions or another mutually agreed structure. Nothing is guaranteed, and not every property qualifies.
Explore a Property PartnershipPRESERVE VALUE
IMPROVE THE PROPERTY
CREATE OPTIONS
Partnership structures vary by property and circumstance. Consulting an independent attorney, tax adviser or other qualified financial professional may be appropriate before entering into any agreement.
How a partnership is evaluated
Every Property Is Reviewed Individually.
No structure is standard, and not every property qualifies. Here is what we look at before anything is proposed.
The property itself
Condition, scope of work, code and permit exposure, and what the property could realistically become.
The economics
Renovation cost, carrying cost, potential rent, potential repaired value, and how participation would be shared.
Your objective
Keeping the home in the family, creating income, preparing for a future sale, or simply stopping the decline.
The structure
Arrangements may involve renovation investment, shared economic participation, rental income, future buyout provisions or another mutually agreed structure.
Partnership structures vary and can carry legal, tax and financial consequences. PacRim encourages property owners to consult an independent attorney, tax adviser or other qualified professional before entering into any agreement, including an agreement with PacRim. Nothing on this page is an offer, a commitment or professional advice.
Think a partnership might fit your property?
Tell us about the property and what you're trying to preserve. We'll tell you honestly whether it looks like a fit.