Religious Real Estate was formed to better serve the needs of religious
organizations in metropolitan Detroit. It is estimated that 15%
of all corporate assets in the United States are in the form of
real estate. On a monetary level the percentage of assets for a
religious organization is higher than this figure. Often the real
estate holdings of a given congregation are their greatest asset.
These facilities may go years without being valued.
We are here to assist religious organizations better understand
their real estate options. As religious organizations mature their
congregations undergo change, whether it be growing/shrinking, relocation
of the membership base, adding worship extension facilities or adding
social services. These changes can provide challenges as well as
opportunities. Religious Real Estate offers a number of services
that assist religious organizations in conquering these challenges
and maximizing the opportunities. We can tailor our skill set to
meet your needs.
One of our steps in helping your congregation achieve their goals
is by providing a more liquid market for a comparatively illiquid
asset, real estate. Because Religious Real Estate is in the real
estate market on a daily basis, we know what congregations are in
the buying mode and which are in the selling mode. We track the
demographic information for the metropolitan Detroit area. While
a congregation may only be in the real estate market every other
decade, our participation on a daily basis provides you with the
most up to date information.
The real estate market information is key to determining the value
of your real estate assets. Religious Real Estate can provide estimates
of real estate value based on our market activity. We will provide
this service free of charge to your organization as a step toward
building a relationship. Even if your congregation is not interested
in relocating the valuation process can help in budgeting capital
improvements and expansion plans.
Let us work together to efficiently deploy your congregation's
assets to best serve your members.