(1888PressRelease)
March 20, 2008 - Utilizing the technical expertise of Continental Realty, this initial offering allows for the acquisition of approximately $100 million of multi-family investments in targeted markets throughout the United States. To date this fund has invested in 1106 multi-family units in Louisville, KY, Houston, TX and Dallas TX.
This is first of many planned fund offerings involving Continental Realty. This fund offers investors a preferred rate of return along with participation incentives to the asset management team.
Dave Snyder, Founder of Continental Realty Advisors stated, “Summit CRA Multi-Family Housing Fund I is designed to acquire class A and B apartment properties in select primary and secondary markets nationwide. The properties in Fund I will exhibit close proximity to expanding employment areas, strong retail and transportation support, and limited new competition from new construction. Fund I will offer the investor significant focus on cash flow with major valuation upside through key locations and employment growth.”
“We are excited to have the opportunity to invest in these key employment centers across the country and to bring a significant cash flow opportunity to our investors.”
ABOUT Continental Realty Advisors, LTD of Denver, Colorado - Continental Realty Advisors is the only multi-family, investment company using the AIM Real Estate Investment System™, which has contributed to their success since 1981. This exclusive system allows Continental Realty Advisors to monitor and clearly interpret influential “Sub-market Events” to determine what investments have the best calculated likelihood of generating the highest returns. Continental Realty acquires more than $300 million in multi-family investment properties per year. www.ContinentalRealtyAdvisors.com
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