Project Detail: VCU Health
GEMCAP acquired a healthcare facility with long-standing moisture and maintenance issues, affecting the building’s functionality and indoor air quality. By assembling a team of experts, they were able to diagnose and resolve these problems while ensuring the tenant could continue operations without disruption. Ultimately, GEMCAP successfully restored the property to a fully functional state, satisfying both the tenant and facilitating its transfer to a real estate investment group.
Factors for Success
GEMCAP acquired an asset operated by a national healthcare provider that had been dealing with long-standing property issues. GEMCAP took on the responsibility of investigating and resolving these problems, ensuring a smooth transition for both the tenant and a future buyer.
Comprehensive Issue Identification
GEMCAP conducted a thorough investigation to uncover the underlying cause of moisture problems affecting indoor air quality and causing maintenance issues.
Expert Team Collaboration
A specialized team of environmental professionals, water intrusion specialists, and disaster recovery experts was brought in to diagnose and address the problems.
Tenant-Focused Solutions
Despite the severity of the issues, GEMCAP ensured the tenant’s operations were not disrupted, allowing them to continue providing healthcare services while the work was underway.
Effective Remediation Strategy
A step-by-step plan was implemented to correct the building deficiencies while prioritizing both short-term functionality and long-term asset value.
Long-Standing Problems Resolved
GEMCAP successfully resolved moisture and maintenance problems that had been unresolved for years, restoring the building to full operational capacity.
Outcome
The property was restored to a fully functional state, with all issues resolved to the satisfaction of both the tenant and the future buyer. As a result, GEMCAP successfully transferred the asset to a real estate investment group, positioning the property for continued success and long-term stability.
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Partner for Success:
Contact GEMCAP Capital today to start the conversation. Let’s turn your vision into reality.
