INV Ref – PRX8870 – Suncrest Capital Group

6305 RIVIERE DR

Updated Progress

04/29/25

The renovation phase of the fix-and-flip project has been completed, marking a key milestone in the project’s lifecycle. The property has been fully rehabilitated to a high standard, reflecting the borrower’s consistent attention to quality and detail. Marketing efforts are now underway, with listing photos taken today in preparation for the property’s debut on the market. Although the project timeline has extended slightly as the borrower works to secure an end buyer, the strong condition and appeal of the home are expected to support a prompt sale once listed. Continued updates will be provided as the property progresses toward final disposition.

3/31/25

Progress is moving along smoothly, with another key milestone just around the corner—countertops will be finished by Friday, bringing everything one step closer to completion. No pending permits or inspections are holding things up, keeping the momentum strong. Next big move is getting the property listed on the market by next week. Everything is lining up for a strong debut and fresh photos will be shared soon to showcase all the recent progress.

03/17/25

The rehab is almost complete, with just a few final touches to wrap up in the next week or so! The timing couldn’t be better—homes near the water are in high demand, and with everything coming together, the property is set to hit the market at just the right time. No delays on permits or inspections, so everything is moving smoothly. Exciting times ahead, and photos will be shared soon for the PML.

03/06/25

The Riviere Dr property is expected to be listed in two weeks. Final preparations are underway, including clean-outs and touch-ups to ensure everything is in top condition before listing. A site visit is scheduled for the morning to oversee these final details. Updates, including videos, will be shared soon. Productive meetings with the team have successfully coordinated the remaining tasks, keeping everything on track for a smooth market launch.

02/18/25

The property rehab is nearing completion, with most work finished, including landscaping. Key milestones such as concrete work have been successfully completed, and final touches are in progress. No issues or delays have occurred, keeping the project on track. The next steps include completing the driveway and wrapping up remaining tasks. Everything remains within budget, and photos will be shared with the PML once the project is fully completed.

1/20/25

The rehab is progressing smoothly, with the new roof and HVAC system completed. The exterior painting has been finished, and the interior painting is nearly done, marking a significant milestone. Once the painting is complete, flooring installation and vanity setup will begin. By the end of this week, approximately 60% of the work inside the house will be completed. There are no issues or delays to report, and everything is proceeding according to plan. The next major task is the flooring installation. The project remains on budget with no financial concerns. Photos of the property are available to share with the PML. In terms of future plans, the property will be listed on the market, but the borrower already has a buyer lined up—a couple interested in purchasing the property.

12/20/24

The property rehab is progressing smoothly. All demolition work has been completed, and floor repairs are scheduled to begin on Monday. Trees have been cut down as part of the planned takedown. There are no delays or issues currently impacting the timeline. The next major steps include completing the flooring and starting the painting process next week. The project remains on budget, and photos of the property are available for sharing with the PML.