Opes Sapientiae, LLC Targets Distressed Lot Revitalization in Greater Sacramento Area

Opes Sapientiae, LLC Principal, Michael Calhoun of San Francisco. (Photo by Opes Sapientiae, LLC)

SAN FRANCISCO, September 7, 2023 (VSNewsNetwork.com) - Opes Sapientiae, LLC, led by Principal Michael Calhoun, is expanding its real estate efforts into the Greater Sacramento, California, Metro Area, with a particular focus on distressed lots. The firm aims to provide relief to distressed property owners by purchasing land parcels showing signs of owner distress, such as delinquent tax accounts and properties newly inherited through probate.

Opes Sapientiae seeks to offer a financial lifeline to distressed property owners by providing readily available liquidity. This initiative comes at a critical time as more property owners face the risk of tax foreclosures, especially given the recent economic factors like credit tightening by the Federal Reserve, tech industry layoffs, and looming recession concerns.

Michael Calhoun commented on the venture, stating, "We look for areas that have maintained strength in the raw land market. When we identify a parcel that aligns with our expertise, we offer the liquidity that property owners need to alleviate their financial burdens." Calhoun added that parcels that allow for subdivision are particularly profitable for the firm, as are landlocked parcels.

Previously, Opes Sapientiae has executed similar projects in the Washington, D.C., area, even achieving a remarkable 300% investor ROI within a single quarter. The firm is also engaged in long-term land development projects, most notably in Yolo County, California. "We're very excited about this niche," Calhoun remarked, emphasizing the win-win nature of these transactions for both the distressed property owners and Opes Sapientiae.

Learn more at OpesDev.com.

Source: Opes Sapientiae, LLC via Newswire