A GROUP OF ENTITIES
Eckard Enterprises, LLC is a privately owned group of entities. It focuses on oil and gas, real estate, mineral rights, and midstream acquisitions.
Real estate happens to be part of all of our operations. Whether we negotiate the rights to drill on a particular property, discuss mineral rights, commercial and residential development, or the right-away of our midstream projects - the negotiation of land and use is always part.
REAL ESTATE PROJECTS
Eckard Land and Acquisition, LLC (ELA) started in 1996 originally as a Limited Family Partnership investing for its own account in search of real estate opportunities that were very specific to the company's desired portfolio. We started by acquiring commercial buildings that were either repossessed or behind in their financial obligations, and lenders were seeking new buyers like ELA.
The company has a desire to seek out real estate that has a very unique niche value proposition, depressed in price, restricted based upon location, overlooked in the market, bypassed by competition, available due to seller stress, and possesses entitlement potential. The company focuses more on raw land development, vertical acquisitions with retrofit, and redevelopment potential and cash flowing assets that are undervalued for very specific reasons. Management knows that real estate is about location and price. Thus, the assets that meet the company's target attention are generally assets that have been overlooked due to property condition, presentation perceptions, title issues, ownership issues, perceived use limitations, and other fundamental elements.
Eckard Land and Acquisition, LLC only has interest in real estate that protects its invested capital, while allowing the management of ELA to deploy its talents to entitle, refurbish, and to create heightened value by its efforts for a pending liquidation usually inside of 36-48 months.
The company seeks aggregation capital to provide a strength in the acquisition process that allow the company to move swiftly, decisively, and with a very specific goal in mind. The company sees its mission to seek out, run due diligence, acquire, entitle, and then move to a higher value through liquidation to create a revolving door of inbound capital and outbound performance. In its long-term expectations, the company does not seek nor employ market cycles as a factor for its activity, but rather believes the mission is to seek out assets that the very fundamentals of that asset are such, that it possesses value beyond cycles and market shifts.
Over a twenty-year period, management has worked on specific ideas with very specific finished products and changes in property uses that would meet a market demand and a ready available buyer such as:
Raw land development, architectural and master plan design, entitlements related to zoning, annexation, utility and easement issues, architectural and engineer plans and design, sales and marketing of assets, macro and micro market analysis and assessments, capital sourcing and overall project financing.