Slider

What We Do

Wheeler & Wheeler focuses on undervalued properties that need redevelopment or value enhancement. We have acquired REO properties from institutional owners as well as assets from individuals. By focusing on the market for the finished project, and with strict margin requirements, we are able to determine the best price possible for each asset and then closely manage the redevelopment process to insure strict adherence to budget. We have successfully redeveloped and re-purposed office projects, historical projects, as well as residential and resort properties. We often pursue these properties in partnerships we form and manage with other investors.

Separately, our expertise allows us to represent lenders who are desirous of disposing of REO assets and can maximize the value for the lender based on their extensive experience and knowledge.

JeffZack20180604Horizontal 420Who We Are

Zack Wheeler has been licensed since 2004 and has been associated with Coldwell Banker Residential Brokerage the entire time. He has received numerous awards and recognition form Rookie of the Year to attaining the Central Carolinas Association of Realtors Circle of Excellence. He has is Epro and SFS designations and is a graduate of Leadership Columbia. Zack graduated from the University of South Carolina with a degree in Political Science and a minor in Business. His client list ranges from individual buyers and seller to representing lenders in REO properties as well as institutional buyers. Zack combines significant technological marketing expertise with one-on-one client service.

Jeff Wheeler's career spans 35 years. He has been recognized as both the Charlotte and Columbia Real Estate Leader of the Year. He has served as COO for Coldwell Banker Real Estate LLC with over 1900 offices worldwide and owned one of the top 10 Coldwell Banker franchises in their system. He has successfully marketed hundreds of millions of dollars of residential and commercial real estate. Ranging from individual homes to a 50-million-dollar luxury high rise. He works with both individual and institutional buyers and sellers on both the residential and commercial markets. He is a nationally known speaker and consultant, and has worked on both the private and public sectors.

Wheeler and Wheeler has been involved in other acquisitions and depositing of distressed priority both for long term investment and for quick resale.

Project: McCants

ProjectPhotos360 McCants

McCants was originally constructed in 1931 as an elementary school. Wheeler & Wheeler acquired the property on 2016 and utilizing state and federal tax credits for the preservation of historical buildings, completed the conversion to 11 condominium units. The project is under consideration for several awards. The property will be held for rental for five years before being offered for sale.

Project: Lady Street

ProjectPhotos360 LadyStreet

1522 Lady Street was listed in the historical register as a home, but is located in a heavily commercial district. Its value and preservation was better served as an office given its location across from the new US School of Law. With renovations competed the property is leased to to a law firm. It's positive cash flow and excellent location make it a strong economic investment.

Project: Palmetto Boulevard

ProjectPhotos360 PalmettoBlvd

506 Palmetto Boulevard was a distressed property falling into foreclosure. Purchased in 2015, Wheeler & Wheeler through a partnership as Venture Aloft One, acquired the site, met the requirements for a pre-engineered septic tank system and secured the needed permits to construct a 1900 square foot home on on the oceanfront at Edisto Beach. The property will be brought online in 2018.

Project: Monroe Street

ProjectPhotos360 Monroe

Monroe Street was an abandoned and foreclosed home in the heart of one of Columbia’s premiere neighborhoods. Acquired from a banks REO department, Wheeler and Wheeler did a complete renovation and the property sold in one day realizing in a significant gain for the partnership.

Project: 108 Park Terrace 

108 Park Terrace.png 2

 
108 Park Terrace is a 9000 square foot office building previously used as a medical clinic that is being repurposed into office space. Located between high traffic Harbison Boulevard and Bower Parkway it will be an ideal location for a business wanting access to the local market as well as statewide traffic from I-20 and I-26. Two elevators and ample parking make this an excellent opportunity.

IMG 2547Econowatch

Leaders make decisions based on three I's: information, input and intuition. Having the right information is as critical as being able to apply it properly. The Wall Street Journal published a book titled "50 Leading Economic Indicators." If you follow the indicators then you are either an economist or an academic. For today's businessperson, finding that data "at a glance" to capture the overall view of the market will help identify trends and frame decisions.

So Where Are We Going?

I am a big fan of indexes; they help you get a better perspective on the myriad of factors that influence the economy in our world. I have several that I follow on a regular basis that help me draw a broader perspective; some of these indexes are very difficult to follow, others relatively easy, but I have a new one to introduce to you and it is called the "Moorea Index".

My wife and I recently celebrated our 30th anniversary and spent some time on the island of Moorea. During that stay we had the chance to meet and interact with the associate director of the resort. He was a remarkably open person and while had a decidedly European view of the world, also had an element of pragmatism that I really appreciated. He shared with me that historically 35% to 40% of their visitors have been from the USA, although over the past several years, due to the economy, it had dropped to 28%. However in the last 12 months it had risen to almost 32%. I am calling this the "Moorea Index" and it shows me that the economy is starting to turn.

On the downside, you still have to ask the question, what has really changed in the last two years? On August 3, 2011 the "Wall Street Journal" article by David Wessel had two disturbing quotes. The first quote was from Paul Romer a New York University economist who said "Congress is for sale at bargain basement prices". He said we need more independent bodies making decisions such as the BRAC Commission. But Wessel writes to answer the question for the United States requires "coalescing behind the strategy for growth, and creating incentives so talent and capital flow to promising sectors". My question is: Who has that strategy? Not the government, which continues to crop up in an antiquated and bankrupt company called the US Post Office. Is it private industry, or are we in business so focused on those things that constitute the status quo and protect our best interests?

While I am a big fan of indexes, I am a bigger fan of leadership. Indexes show you results, leadership gets results, and throughout the history of our country the great leaders have not come from organizations. George Washington came from retirement. Abraham Lincoln came from failure. Thomas Edison came from the laboratory.

Check out our key indicators below and then apply the three "i's" to make decisions.

Asset managers, property owners and institutional owners of real estate who desire to either maximize the returns form their property or who need to dispose of assets in a manner that maximizes return and minimizes time on the market should contact Wheeler and Wheeler, 1711 Gervais Street, Columbia, SC 29201.  

Module maintop

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed molestie scelerisque ultrices. Nullam venenatis, felis ut accumsan vestibulum, diam leo congue nisl, eget luctus sapien libero eget urna. Duis ac pellentesque nisi.

Home

Interdum Egestas Enim Fames

Sociosqu aliquet proin diam porttitor commodo proin arcu, sollicitudin pulvinar fringilla nisl tincidunt cursus semper eu ac congue. Malesuada phasellus habitant malesuada pretium sapien nam id ultricies dui faucibus porta faucibus fringilla tellus conubia curae in. Netus vivamus morbi curabitur pulvinar elit egestas, mattis sem vitae tincidunt odio suspendisse; Eu nibh, dui semper bibendum tortor, etiam et pharetra fames porttitor sollicitudin consectetur! Scelerisque consectetur amet platea sagittis nulla dictumst gravida, facilisis urna quisque platea ad viverra malesuada vulputate. Nisi pellentesque aliquet ligula fames eros. Netus elit risus vitae est ac sodales aliquet iaculis venenatis commodo.

Pharetra Ad Viverra

  1. id platea odio etiam volutpat hac mauris
  2. praesent lacinia praesent a proin vel inceptos lorem praesent a
  3. mattis feugiat est eleifend eleifend maecenas congue ultricies porttitor nunc
  4. primis pretium habitasse nisl rhoncus turpis eget consequat at
  5. pharetra mi ornare posuere augue
  6. eros taciti varius turpis porta laoreet suspendisse suspendisse

Libero viverra tempus lobortis eget class, luctus fermentum condimentum arcu sagittis iaculis ullamcorper ultrices quisque pellentesque! Sit ante litora, ultricies eleifend cursus, vehicula pretium netus aenean mattis. Molestie nisl phasellus habitant tincidunt iaculis vivamus sociosqu cursus tristique. Faucibus vehicula fusce non suscipit himenaeos odio scelerisque ultrices potenti vehicula conubia ut sem; Porta sem venenatis odio urna sapien adipiscing ullamcorper pretium interdum placerat non facilisis sagittis aliquet quisque erat non. Aptent turpis primis torquent nulla consectetur ipsum, suscipit massa porta quisque pellentesque! Lobortis viverra nunc, nisl egestas nunc, nibh dapibus neque. Hendrerit praesent lectus torquent volutpat, metus per augue conubia laoreet nullam molestie torquent molestie erat proin.

Tincidunt Purus Commodo

Gravida lorem ut, lacinia consequat aliquet, lacinia senectus curae libero venenatis felis. Elit aenean gravida pulvinar class lacus blandit facilisis varius nulla donec platea condimentum nibh turpis non diam morbi primis. Senectus vestibulum cras litora elit vitae ante!

Iaculis pretium litora ac hac eu morbi massa pellentesque ultrices vulputate potenti mauris fames nunc malesuada fames. Aliquet mollis facilisis ultricies turpis fusce gravida tellus orci ornare et congue ac consectetur fusce augue sit. Suscipit phasellus nostra convallis lobortis sed felis quisque vel euismod vulputate placerat duis ultricies.

Tempor Varius Sapien A Lacus

Felis himenaeos, donec auctor platea arcu, ac phasellus tellus class scelerisque arcu praesent habitasse. Suspendisse dui lacus blandit lectus imperdiet lorem.

Module mainbottom

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed molestie scelerisque ultrices. Nullam venenatis, felis ut accumsan vestibulum, diam leo congue nisl, eget luctus sapien libero eget urna. Duis ac pellentesque nisi.

(c)2024 JeffreyBWheeler.com / J.B. Wheeler / 1711 Gervais Street / Columbia, SC 29201 / 803-354-4050
Twitter:  https://twitter.com/jbwrealestate 

Website and Mobile Solution by:  Nehemiah Communications