The congregation and leadership at Goler Memorial AME Zion Church reached out to Linville Team Partners to help put together a real estate strategy. They owned their original fellowship hall (80+ years old) as well as a more recent 2007-built enrichment center that, over years of development, found itself located right in the heart of the Innovation Quarter in downtown Winston-Salem.
Because of all the public and private development in the downtown Winston-Salem area it made sense for the congregation to evaluate its real estate holdings and determine if a sale would help it leverage its assets in order to buy a newer, larger, and more well-maintained fellowship hall. With the help of LTP, they were able to get construction bids for the renovation of the existing facility, construction bids for the proposed build of a new facility, as well as a broker opinion of value on their existing sanctuary and fellowship hall. Over the course of two years, the assets were marketed for sale and ultimately a buyer was procured for the enrichment center at a price that was very favorable.
With the proceeds of the sale of the enrichment center, the congregation was able to identify a new facility which LTP also assisted them find, negotiate, inspect, and purchase. This new facility was substantially larger, better maintained, and was purchased directly from the lender, resulting in a heavily discounted price. The team continues to help Goler Memorial AME Zion Church with the real estate needs: an excellent example of how Linville Team Partners acts as partners in each relationship, putting emphasis and priority on trusting, long-lasting relationships over short-term transactional outcomes.
I can’t say enough good things about LTP. They went above and beyond on many occasions to help us with our real estate needs. On several occasions they met with our entire congregation to explain the process and went above and beyond our wildest expectations.”