Who is Prestigious Properties and what do they do?
Prestigious Properties specializes in acquiring, adding value to, and managing multi-family apartment buildings in growth markets with tightening vacancies. We target acquisitions of “C” class buildings in “B” locations where rent growth can be achieved. By purchasing with medium to high leverage, combined with ongoing cash-flow from renters, we aim to double investors’ money in six to seven years. Prestigious Properties offers a proven track record, proven results, and proven management experience based on real assets with regular cash flow and significant equity growth potential. As of Spring 2011, well over 500 investors have invested over $40,000,000, with asset values transacted exceeding $115,000,000 and over $85,000,000 under management as of Q1 2011.
