New Market Growth

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The Challenge

 

This provider organization had an opportunity to expand into the state of Virginia, but preferred not to purchase homes and tie up capital in real estate. They were also having trouble finding the best rental home suitable for all the needs of the residents.

 

The Scioto Solution

 

Scioto was able to have a local real estate agent find several houses that matched the specific criteria requested. Scioto handled all due diligence; contracting with local inspectors and appraisers, completed all evaluations, and had a home closed within 30 days.

 

The Result

 

Scioto was able to take care of the provider’s real estate needs, in this case a property acquisition, which enabled the provider organization to focus on their core business: the people they support. Scioto’s previous experience in the state allowed for an easy expansion of operations across state lines and Scioto’s coordination of due diligence saved the provider time and money.