Charles Brooks Holding Company

Real EstateFlorida, United States11-50 Employees

Charles Brooks Holding Company (CBHC), a leading boutique investment manager based on the Treasure Coast of Florida, utilizes proprietary technology to obtain tax lien data to be a leader in buying and selling real estate over the internet through GetLandFlorida.com  
INDUSTRY
Most of the county governments in Florida have moved from a traditional in person paddle auction to a more efficient and faster on-line auction. CBHC leverages partner company Lumentum to utilize its proprietary data for advanced underwriting models to gain insight into market trends not available to other investment managers. With $150MM invested over 8 years in tax liens held within Florida, CBHC has consistently produced stable cash flows through smart tax lien acquisition while limiting risk.

PARTNER SOFTWARE
In Florida, each county releases their delinquent tax certificate list with only 3 weeks of research time before the closing auction day.  Without a software platform and/or streamlined process, the proper due diligence can be a barrier to scale. To aid in the overall tax certificate due diligence process and redemption tracking, CBHC utilizes an online tax certificate management platform called “DigiPan.”  The term “DigiPan” comes from the premise that thousands of parcels will require extensive sorting, filtering, and sifting, in order to identify the proper tax certificate selection.  A core strategy for the borrower will be to access digital information and harness the required data, thereby, creating parcel visibility and transparency in the decision making process.

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