Gulf Atlantic is the only United States firm to acquire a list of every property in the State of Florida currently under the foreclosure legal process.
Approximately 3,500 commercial properties are foreclosed in Florida annually; many are over burdened with debt and/or mismanaged. This provides tremendous opportunities to acquire assets at a fraction of their full value. Gulf Atlantic contacts the distressed property owners and is often able to structure and close transactions before the deal hits the marketplace. In other instances, properties are purchased from the mortgage holders after the foreclosure process. The firm has relationships with many institutional lenders who often contact Gulf Atlantic to acquire properties taken back through the foreclosure process. Lenders forced to take back properties do not want to hold them and put emphasis on selling quickly to an experienced and respected buyer.
