Transforming a Family Real Estate Business in Brescia
This case study explores the transformative journey of managing and revitalizing a family real estate business in Brescia from May 2019 to July 2024. After an unexpected transfer of responsibilities due to my father's severe illness, I navigated through a complex financial and operational landscape. Initial assessments revealed critical liquidity issues, prompting immediate strategic actions including contract renegotiations, cost reallocations, and tenant adjustments. Despite challenges posed by the COVID-19 pandemic, significant milestones were achieved, including securing rental incomes, legal actions to recover debts, and extensive property renovations. The project's culmination saw the creation of energy-efficient units and substantial financial recovery. This experience profoundly impacted my professional growth, demonstrating the importance of strategic planning, adaptability, and perseverance in real estate management.