The LMC Group Blog

I am happy to report that this company, The LMC Group, has been putting together workable solutions to real estate problems benefitting sellers, buyers, lenders, and the county and city municipalities generating tax dollars creating a win win for our area, finally.

While working the latter of 2008 and all of 2009 re-inventing and investing time in private and public relationships involving a great deal of research and investigation, 2010 has seen our diligent efforts come to fruition. Since the end of 2009 and beginning of 2010, we have obtained capital in the form of real estate closings for well respected Water communities that had its credit lines frozen and notes called when Cooperative and Cape Fear Bank failed. Most recently within the past 2 months, we unraveled a banking disaster that could have bankrupted a client with tens of millions of dollars of property going into foreclosure, and instead we created a multi-million dollar tax base for the municipalities involved, saved the seller from foreclosure, and are placing 30 new families into a real estate community resurging this beautiful community. In another community that has seen zero growth and at risk due to closed credit lines from banks, we integrated another multi-million dollar insurgence of private funds with 60 new homes on the board and a resurgence of construction and jobs. We have an additional 70 lots under contract due for closure and new construction by the end of the year. We have numerous tracts of land and stalled projects in negotiations for new construction with private companies in an attempt to refuel our area with money and economic recovery. So while all is not good, there is a glimmer of recovery as long as we keep trying.

The LMC Group is an “Out of the Box” real estate company that puts the heart of our local economy on our back and strives to put deals together for the benefit of all parties and do our part in generating economic recovery. While some situations are simply unattainable, we have spent the last 2 years exhausting all efforts to keep our local economy moving. Business is rough out there but we continue to strive to make it better for all. The LMC Group has been in the business of promoting Wilmington and the surrounding areas for over 5 years with its principals in the area for over 18 years. While the everyday business continues to move forward, The LMC Group is behind the scenes making the deals happen and hope that we can continue to aid and continue our part in stimulating this economy.