Block Realty

Our Services

Full Service Real Estate Brokerage

We have been South Florida for over 20 years and have 30 years involvement with complex real estate transactions. We have been involved in all aspects of the process from site acquisitions, development, and management of ongoing property or troubled property with disposition, and general brokerage throughout Florida and in the southeast United States. We have sold major projects (from large projects like the Biltmore Hotel and PGA Flyover Office Condominiums to small owner occupied buildings), large PUDs and portfolios of performing and non-performing real estate based assets. Our strength is knowledge of local markets, areas, municipalities and local players. Our reputation is for the highest service and integrity.

Consulting

We are client services based and can tailor our services to requested needs. Our strengths are in the following areas: • Market Plans and Project Marketing • Property analysis and valuation • Business Plan and analysis • Financial Analysis • Site Selection and Acquisition • CMBS Loan Underwriting / restructuring / modifications Additionally, we have helped workout troubled projects for lenders and owners of all types.

Property Management

We have managed a diverse range of real estate, including but not limited to; apartments, office buildings, retail, warehouse, marinas, executive office suites gas stations and stalled or failed commercial and residential developments. Through management we have been involved in leasing of commercial, multi-family, retail and industrial properties, tenant relations, property maintenance, rent collection, dispute resolution, construction completion of stalled developments and rebranding assets. We have helped workout troubled projects for lenders and owners of all types.

Real Estate Workout Experience

J.D. Block Services has a long history of expertise in diverse real estate activity with a particular focus on repositioning underperforming assets through strategic planning, financial structure, analysis, development, management and disposition of real estate assets which has extended over three decades. This expertise ranges from asset management, to turn around of the asset/portfolio through intense management efforts, including the build-out of both residential and commercial projects.

We have managed companies, individual assets, and both performing and non-performing portfolios. Asset types include income properties, historic buildings, for sale developments including condominium projects and planned unit developments (PUDs) and have taken control of entire companies. We understand the issues facing developers, owners, investors, financial institutions and debt holders and have a track record of successful strategies and outcomes.

We have worked in an advisory position and through control of the property and/or the operating entities. We have handled situations for owners to maximize their return, and on troubled assets in non- performing status and in both Chapter 11 and Chapter 7 bankruptcies.

We provide a customized solution to real estate assets that may be troubled, non- performing commercial or residential. Our goal is to help you maximize returns assets in a cost effective and efficient manner regardless of the initial issues or starting point for the company or asset.

Receivership/Trustee Experience

We have been selected by national lenders as their court appointed receiver for REO, Bankruptcy and foreclosure assets. With over 20 years’ experience in the Florida Real Estate Market, we offer lenders a wealth of knowledge with regards to complex income producing receiverships for commercial real estate.

We get involved in evaluation of all aspects of the project; financial status, budget, construction and legal situation; a strategic plan to maximize the return developed, presented and implemented including review of plans and specifications.

Manage completion of construction directly or through third party construction agreements, development of a marketing campaign to complete and sell the units (condominium) or property (for large planned unit developments and commercial and apartment properties).

Manage legal process of claims and litigation through resolution and court approval. Establish relationships with various stakeholders of internal and external entities to resolve issues and achieve objectives and consensus on alternative strategies.