HomeStar Property Solutions, a national provider of field services including inspections, preservation, renovation and environmental remediation, as well as hazard insurance claims and property management, officially opened its second corporate location in Dallas, Texas.
The official launch event takes place tonight at the SourceMedia Mortgage Servicing conference now underway in Dallas.
"It's an important next step for HomeStar," said Bradley Trapnell, senior vice president of business development for HomeStar, who helped establish the Dallas location. "There are many incentives to having an office in Dallas; being close to mortgage servicing and investor clients, and having access to a tremendous base of industry talent was chief among them."
HomeStar will continue to grow into other areas as well.
Forthcoming is HomeStar Properties I, a fund that will allow CEO Michael Breese and his partner, Ben Brunson, to buy non-performing loans and distressed properties with the intention of rehabbing them through HomeStar Property Solutions.
Breese plans to expand their disposition strategies to include distressed assets and rentals as well as the repackaging of non-performing loans.
“The future of companies our size depends on forward thinking and if you can’t adapt and evolve as a company you’ll die off," said Breese in an exclusive interview in HousingWire magazine.
"We have to involve ourselves in a bigger future.”