Business > CASE STUDY > Brent-Harbridge Developments By Peter C. Bell (Case Notes/ Answer with Free Case File) (All)

Brent-Harbridge Developments By Peter C. Bell (Case Notes/ Answer with Free Case File)

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Brent-Harbridge (B-H) developments purchased real property which it developed or, in some instances, resold undeveloped. Over the past few years, B-H had prospered by being successful at acquiring p... roperties “at the right price”. A major source of acquisitions for B-H was the auctions conducted from time to time in order to unload various properties that had not sold through realtors. Properties that could be purchased at these auctions included commercial and residential buildings that had been declared “abandoned” by the mortgage holder or seized for back taxes, and land that had been acquired for various government projects but which was now surplus. B-H specialized in commercial and residential properties that it attempted to purchase at auction, develop or renovate, and then resell. At any one time, B-H held an inventory of 10 to 20 properties in various stages of development [Show More]

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