“Our family hired Jeff Gould to provide consulting, advisory and representation services with a vacant commercial property that we owned in Encino. This property had been in our family since 1952 and was originally built and operated as a restaurant by my father and grandfather. Our long-term tenant vacated the property in 2012 and left us with zero cash flow and an outdated building that needed extensive upgrades. Jeff worked in tandem with our family and our CPA to develop an asset transition plan that fit within our family’s generational goals including; stability of cash flow, passive management, and a credit tenant. Jeff’s team sold the vacant asset in Encino for maximum value and guided us through a challenging 1031 exchange process to acquire a single tenant investment that met our long term planning goals. Ultimately, this transition allowed us to achieve our family’s stated goals, including over a 7% return on equity. Jeff’s expertise, integrity and attention to detail helped to make the challenging process of letting go of this sentimental asset as smooth as possible. My family wants to thank Jeff and his team for their great work.”
Cathy Blue – Multigenerational Property Owner
2019-02-22T00:13:25-08:00
Cathy Blue – Multigenerational Property Owner
“Our family hired Jeff Gould to provide consulting, advisory and representation services with a vacant commercial property that we owned in Encino. This property had been in our family since 1952 and was originally built and operated as a restaurant by my father and grandfather. Our long-term tenant vacated the property in 2012 and left us with zero cash flow and an outdated building that needed extensive upgrades. Jeff worked in tandem with our family and our CPA to develop an asset transition plan that fit within our family’s generational goals including; stability of cash flow, passive management, and a credit tenant. Jeff’s team sold the vacant asset in Encino for maximum value and guided us through a challenging 1031 exchange process to acquire a single tenant investment that met our long term planning goals. Ultimately, this transition allowed us to achieve our family’s stated goals, including over a 7% return on equity. Jeff’s expertise, integrity and attention to detail helped to make the challenging process of letting go of this sentimental asset as smooth as possible. My family wants to thank Jeff and his team for their great work.”
https://lineageasset.com/testimonials/family-goals-achieved/