Miami-based Majestic Properties recently announced the launch of Majestic Solutions, a division established to strategically guide investors, real estate developers, banks and other deep-value buyers through the complicated maze of real estate investment opportunities present in today’s South Florida condominium market. Majestic Solutions is comprised of seasoned financial and real estate experts from the Northeast, West Coast, Europe and Latin America, inclusive of founder and CEO Jeff Morr.
Between 2002 and now, 22,737 condominium units were built or are currently under construction in Miami. Only 9,494 of the completed units have closed, leaving as many as 13,233 available. Via analysis of these opportunities and coordination with the appropriate lenders and developers, Majestic Solutions will analyze and then implement an investment strategy for an investor.
In addition to the initial phase of review, negotiation and purchase strategy, Majestic Solutions’ approach includes the following services as part of its phased program: consultation/financial analysis, negotiation and purchase, design/build services, leasing and lease-to-own, property management, financing and the strategic and phased resale of properties. The Majestic Solutions team is comprised of Servio Acuna, recently-appointed vice president; Richard Wood, chief financial officer; Ken Nagid, director of operations; Kathleen Klock, Moooi Miami showroom manager; Daniel Radrizzani, Genesys funding director; Angela Ippolito, Kor Communications director of marketing; Frances Alban, director of public relations; and Jeff Morr, founder and CEO.