Distressed Real Estate Investment’s Trend – Deeply Discounted Bulk Sales

Benavi Inc, the New York real state investment firm in business for 18 years (www.benavi.net) has launched a Bulk Sales Division to capitalize on the current downswing in the real estate market. The new division will indentify opportunities in the New York metropolitan area as well as South Florida, and service investors seeking to acquire assets in bulk at deep discounted Bulk Sales. End Quote

New York, NY (1888PressRelease) December 08, 2008 - "For the last decade, we quietly built our reputation specializing in the acquisition and disposition of development sites,” says Avi Benamram, the firm's president. Now that the market has changed significantly, and “the bargain hunting season” is in full swing, we are reaching out to clients who are having a difficult time unloading projects. The variety of bulk sales' listings, which have been deeply discounted, include REOs and non-performing loans, generated through our extended network with banks and other financial institutions”.

Buyers typically do all-cash transactions or put a large chunk of equity into the deal. Three main strategies have emerged. Some players are buying based on a cap rate: acquiring properties at a price where they can actually profit as a rental operation. Other buyers are interested to flip the properties when the market picks back up in three to five years and are settling for a lower cap rate now, as long as it covers carrying costs. And other groups are looking for immediate sale to individual buyers; here, the acquisition price must be low enough to leave room for profit, keeping the properties attractive to individual buyers.

About Benavi, Inc.

Benavi Inc, a real estate investment services firm, offers expertise in all types of property acquisitions: specializing in the acquisition and disposition of office and apartment buildings, lofts, hotels, shopping centers, commercial and residential development sites, taxpayers, parking garages and lots, retail condominiums and air rights transfers. Most of Benavi's deals are the result of relationships formed over the past 18 years with property owners, the brokerage community, and private operators, enabling the firm to originate acquisitions with complete discretion.

For additional information, please visit http://www.benavi.net

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