Dallas-Based Real Estate Company Specializing in Selling Homes to Investors Opens First Ohio Office in Columbus

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New Western headquarters in Dallas, Texas. New Western opened an office in Columbus on July 1.

COLUMBUS, Ohio (COLUMBUS BUSINESS FIRST) – New Western, a Dallas-based real estate company that focuses on off-market properties, has opened its first office in Ohio at 4449 Easton Way.

New Western is present across the country, from Texas to Massachusetts. The company offers an exclusive platform and extensive inventory of investment property designed to help real estate investors acquire properties for renovation to resell and sell or resell and rent.

“It’s a niche for sure,” said Myrna Gourgy, general manager of the firm’s Columbus market. “New Western helps real estate investors who are striving to create passive or active income through real estate investing. We don’t work with traditional home buyers who buy a home to live in. The investors we work with come from very diverse backgrounds and have varying levels of experience. Some may be brand new to real estate investing, while others are experienced homeowners, homeowners, or both.

Gourgy said New Western has also worked with hedge funds in other markets.

The company said it was drawn to Columbus because of its rapid growth and hot housing market. Currently, there are over 481,000 older properties in the Columbus area that could be ideal for returning, according to New Western. Over 30,000 of these properties are located in Opportunity Zones – parts of the city that have tax incentives to develop.

“The reason we chose Columbus is due to the vast opportunities in the real estate market,” said Kurt Carlton, co-founder and chairman of the company, in a press release. “With the population continuing to grow rapidly, there is simply not enough housing available, making the number of aging housing units in the Columbus market a tremendous opportunity for investors to revitalize themselves. “

The company works with Sherman Bridge loan for mortgages and with the HomeGo buyer. Together, the brands help homeowners move away from difficult properties while providing investment opportunities for local real estate investors. Real estate investors can use New Western’s exclusive inventory of available properties that are ideal for repair and return or repair and rent.

“We use all the tools at our disposal to find opportunities for our investors. We don’t discriminate where a deal comes from, ”Gourgy said in an emailed statement. “We are also a resource for real estate agents in the community, helping them get tough listings in the hands of our investor group. “

New Western is also using proprietary technology to analyze data on more than 110 million single-family homes across the country and identify potential opportunities. Through HomeGo, the company contacts homeowners directly to offer off-market homes to the network of buyers.

“I am very pleased to introduce New Western to this market and bring our years of experience as licensed agents and brokers to the local real estate investment community,” said Gourgy. “New Western comes at a critical time, as our market’s need for a sophisticated one-stop-shop is paramount. “

The Columbus office officially opened on July 1.

For more business news, visit ColumbusBusinessFirst.com.

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