We are a specialized real estate investment firm. We build, renovate, and operate our own commercial and residential real estate properties primarily in Dade, Broward and Palm Beach County.
We have recently expanded into North and South Carolina, and Texas. We also invest in other States when the opportunities present themselves using our investment criteria and have added assets in Colorado, Oklahoma, Indiana, Montana, Kansas and Washington.
We operate in 3 segments of the Real Estate Market.
- We pursue and specialize in distress properties and concentrate on workouts with properties that are in default by either purchasing them out right from financial institutions or buying their delinquent debt. Most of the assets we purchase in this segment have negative cash-flow
- We purchase assets that require renovation or redevelopment and create value by investing needed capital.
- We develop build to suits for credit tenants such as Family Dollar Stores or just invest in up and coming areas whose real estate value is not in-line with the market
All of our assets are held in Single Purpose Entities whose principal is Alan Waserstein. Alan Waserstein has Bachelors in Business Administration and Major in Finance. Alan has been Practicing Real Estate successfully for the past 30 years. Our companies and assets are NOT leveraged with lots of available credit facilities for new acquisitions and developments and staying power to weather recessions.