Newport Beach, CA 92663, US
A Real Estate Management, Investment and Development Company
We seek unique opportunities such as foreclosure or lost debt on assets that are incomplete in the development stages or not being managed appropriately with larger value added opportunities. Some assets are like the one we are currently seeking, this set has 160M in hard costs but is incomplete and we have a fantastic opportunity in which to pick this up with a little amount of cost. We have long term lending capability at 5.5% for 15 years which will incorporate the finished development project and enable us to create income during the phases. We have a 90M savings on the project based onward costs already built. This is but another fantastic opportunity we are giving our investors. The investor will upon closing in 120 day for 2m investment receive over 10M in equity immediately!
Products / Services
development, management, investment opportunities
We develop assets in several industries currently focused on hotel, resorts and retail assets. Our managers are in development, hotel management and sales in these areas. We focus on under valued, bank owned, lender owned assets that are completed, or has some development stages completed and project approved. We all look at building properties from the ground up but we don’t do this type of project unless we see a huge upside potential. We are not the typical hotel industry type of company, we are seeking better than 5-8 % returns or even 30% returns to investors. In this deal an investor will invest 2 million and upon close will acquire more than 10M in real hard equity on the deal prior to completed build out. The real returns will be higher and this is what we seek in our project.
We partner with other companies so their are many mangers Mark Young
A real estate industry veteran with over 20 years’ experience in real estate including; banking, lending, and leasing transactions. Owner and operator of Young Realty, a residential real estate brokerage company where he employed over 30 brokers and agents. Mr. Young also owned and operated Accredited Coastal Mortgage, a company lending to residential and commercial properties. In addition to owning Young Realty, Mr. Young was a branch manager for Coldwell Banker in Contra Costa, CA, where he managed over 400 agents and 45 employees in four regional office locations. His experience in management, commercial analysis, negotiations, property management and evaluation, implementation of standard operational procedures, business planning, education, training to employees and management, real estate acquisitions, software implementation and education, research analyst. Education: Fire Science Degree with Monterey Peninsula College, real estate broker since 1995 760-213-7800