Preconstruction Syndication - Developers and Real Estate Purchasers Capitalize on Current Market

Released on = December 7, 2006, 6:00 pm

Press Release Author = David M. Bresnahan

Industry = Small Business

Press Release Summary = Regardless of current market conditions, real estate
developers and real estate purchasers can now partner through an innovative contract
to create a win/win outcome.

Press Release Body = Ft.Lauderdale, FL -- Real estate has taken a down-turn, but
through an innovative process BridgePoint Ventures, LLC has created a way for both
real estate developers and real estate purchasers to mitigate the risk in a
challenging marketplace.

\"Unfortunately, real estate does not avoid supply and demand laws, and many will be
hurt as a result of this downturn -- specifically the world of new development,\"
explained Eric Jafari of BridgePoint Ventures, LLC.

\"A group of some of the nation\'s most successful real estate purchasers, CEOs and
entrepreneurs have collaborated to develop an opportunity to capitalize on the
softening of the market. By providing new development projects with the provisions
needed to endure the current market softening, BridgePoint is able to provide its
financial partners with potential double-digit profits without ever having their
capital accessed by the developer,\" said Jafari.

The process has been branded \"preconstruction syndication,\" according to Jafari.
Developers are able to avoid the delay in construction caused by requirements to
obtain preconstruction contracts for 50 percent of their units or more. The company
web site at http://www.BridgePoint-Ventures.com offers additional details.

Instead of attempting to market the units over the course of two years, or having to
sell the project units at a loss, many developers turn to BridgePoint Ventures to
fulfill the number of units needed to secure a construction loan right away.

\"BridgePoint has relationships with a wide range of real estate purchasers who are
prepared to purchase preconstruction contracts as long as the developers are willing
to meet certain terms,\" said Jafari.

\"The essence of the 'preconstruction syndication\' concept lies in the fact that
there is a potential opportunity for double-digit profits without ever having
capital accessed by the developer -- when most are losing capital in the existing
market climate. BridgePoint has the ability to offer buyers with as little as
$200,000 an opportunity to participate in multiple transactions ranging from land
lots in Tennessee, managed resort units in Las Vegas, condo-conversion units in Fort
Myers, Florida, to even bungalow units in the Bahamas,\" added Jafari.

Most financial opportunities are subject to outside market conditions.
\"Preconstruction syndication\" through BridgePoint Ventures provides strategic and
creative ways to increase the potential for profit beyond the \"educated gamble\" of
traditional real estate investments.

Web Site = http://www.ThatPRGuy.com

Contact Details = Press Contact:
James Holt
954-537-0613

Press release services provided by http://www.ThatPRGuy.com

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