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Gary Allen Charlotte Developer

Chairman and Chief Executive Officer at US Housing Investments

Sunbelt Housing Management Producing Options in Distressed Real Estate Market

November 26, 2013

 

Sunbelt Housing Management, LLC, a identify synonymous with real estate management and development, has a short while ago announced that it has expanded operations from its corporate offices in Charlotte, NC to include things like offices in Naples, Florida. This represents the initial of a series of expansions that are slated to include offices in Jacksonville and Chicago, at the same time as destinations in Texas, California and New york. Although best identified for his or her focus on the southeastern region on the Usa, the enterprise credits its expansion, in component, to its recent emphasis on building a powerful presence from the distressed real estate market.

With basically numerous houses misplaced to foreclosure as well as resultant influx of former householders to the rental market, Sunbelt’s CEO, Gary Allen, felt that the time was correct to stage in and help strengthen the housing recovery system. A trusted leader inside the single-family housing advancement field for 42 years, Mr. Allen has developed over 100 single-family communities together with his brother, Randy Allen. They decided to bring their substantial resources towards the table to be able to meet the changing demands on the market.

“The real estate market has gone from a when in a lifetime catastrophe to a powerful recovering market,” mentioned Mr. Allen. “Big possibilities exist for investing in real estate once once again, however the guidelines have transformed and this time Wall Street has their toe while in the water.”

Sunbelt Housing Management has created a real estate investment fund to allow private accredited investors to companion with Mr. Allen’s talents and years of practical experience. He feels they have established a winning combination.

According to Todd Shermer, (the company’s National Director and also a 20-year investment veteran), the fund’s function is usually to “purchase high quality, distressed single-family properties at massive discount rates, rehab (if essential), rent, in addition to a number of years later once the market has established powerful appreciation, give them for resale.”

When comparable designs have sprung up across the nation, the main difference, he states, is Sunbelt’s in depth expertise and experience with single relatives communities.

“We are certainly not flipping homes for a brief buck. We're producing a steady environment for American families “states, Mr. Shermer. “It’s a win-win for everybody. Traders delight in unbelievable obtain worth by purchasing at considerable reductions after which later on benefit from residual rental income and in the long run, resale worth.” For additional info on Sunbelt Housing Management, call (239) 263-3922.

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