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Wednesday 19 December 2012

Case Brief on Harley Stanfield

Case Brief 2: Harley Stanfield| October 20th, 2010 Pledged | Jennifer Kelley| Despite the subprime mortgage crisis, Harvey Stanfield is one of the fastest growing real estate of the realm investing funds and trust companies in the U.S. Harley Stanfield (heretofore referred to as HS) is a real estate investment and trust (REIT) provider founded by Cedric Franklin and Gail Garnette in 2003, headquartered in Washington, D.C. On average, they generate $25million-$49million in annual revenue. They consider place in the top 5 of Inc. Magazines annual list of fastest growing companies since 2005. HS has investment properties in collegial towns including Washington D.C., Ithaca, Detroit, Columbus, Athens, Austin, Reno, Iowa City, South Bend, and Sacramento. The company focuses on secure investment by instituting strict standards, deposits, and application processes. They specialize in blue jet building with particular expertise in sustainable retrofitting of erstwhile(a) properties to capitalize on the higher appreciation value. All chiliad properties owned by HS qualify as LEED silver at a minimum. [ (Harley Stanfield, Inc., 2005-2010) ] The first reason for their success is that they conduct their contribute functions with a keen sense of corporate responsibility.
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All applications supplicate a deposit before processing. Applicants are demandd to have a minimum credit score of 700 and all investments require a 25% deposit before financing. These practices enable HS to distinguish a 30-day ROI guarantee backed up by the assure of absorbing the first mortgage payment in the subject of not securing tenants for the property within that time. These measures have helped HS weather the economic climate and foster a relationship of trust and pledge with their clients, which engenders repeat investments. [ (Siriwardane, 2009) ] [ (Harley Stanfield, Inc., 2005-2010) ] Franklin and Garnette embrace the idea of corporate entrepreneurship. Under the attention of Cedric Franklin, HS is... If you want to get a full essay, order it on our website: Ordercustompaper.com

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