Real Estate - Mechanicsville, Virginia, United States
DeGratia Group is the management division of real estate investor and local business owner, David Dagenhart. Together with his team, Dagenhart has purchased, renovated and managed 150+ single family homes, 400 apartments and over $25M worth of commercial real estate. With this, DeGratia Group was formed to not only manage his own personal portfolio though to also share this experience to manage and help other investors.DeGratia Group's most successful investment model to date, is to purchase large office buildings and divide the spaces up into smaller offices and suites to lease on shorter terms. These facilities are now called DeGratia Office.DeGratia Office spaces are similar to the popular coworking business model. The advantages of Dagenhart owning the building, however, provides the opportunity to go to market at a much lower rate than competitors in the market who lease their space, and then mark it up at a premium to cover their costs. Clients find they are able to rent larger offices and suites at, many times, less than half the price.