With so many distressed real estate assets already hitting the market, and so many more assets projected to, it is sometimes difficult to optimize those assets. In order to meet the needs of the industry, many companies formed distressed groups to help navigate, or created specific services to address distressed assets in one way or another. Permit Place, one such project management company that provides entitlement and building permit services nationwide, has introduced a package of services named “Asset Advantage.” Mike Robinson, president of Los Angeles-based Permit Place, recently spoke with GlobeSt.com about the creation of this new venture.

GlobeSt.com: Why did you decide to create this package of services now?

Robinson: The concept of Asset Advantage grew out of Permit Place’s response to the needs of existing clients searching to optimize their assets in today’s distressed real estate market.

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