York Street Properties Inc. Offers Profitable Returns To Investors During Difficult Time
Although the housing market has taken a turn for the worse, York Street Properties, Inc. still offers profitable returns for its investors.
PR9.NET August 24, 2007 - DALLAS, Texas - Although in the light of the current sub-prime lending crisis pressure is growing on finance institutions with investments in real estate, and homeowners are finding it more difficult to meet mortgage payments, not everyone has suffered under the current financial woes. While investors are running around scared on Wall Street, on Main street a real estate financial firm has stood strong, if not actually benefited in the face of the crisis. York Street Properties Inc. has consistently been giving both professional and unaccredited investors a 15% return for a steady 6 years. As their strategy largely depends on taking advantage of undervalued real estate, this small but aggressively expanding company has solidified its grab on the distressed property market. As more and more homes have been returned to lenders, York Street's scheme scoops up this burden and turns it into profit for itself and an extremely attractive one for its investors. Nor has the 15% return been just a result of this year's crisis, this third generation real estate vehicle has been giving high returns on investments for the past six years.
York Street Properties does not have a speculative strategy, but rather is based on systematically looking for distressed properties. As the market has turned south and many companies are currently experiencing hardship, York Street's model has not only been unaffected, but has actually strengthened its bottom line. For the past six years (YSP has been in the same family since 1935), the firm has successfully been acquiring assets for as low as fifty cents on the dollar, deep discounts on differed maintenance, ownership default and debt structure problem-riddled properties. The success in buying such homes with extremely deep discounts, refurbishing them for added value and turning them around to investors has enabled the company to strengthen on an interest often as high as fifty percent.
York Street Properties has handled around $60 million in assets and accepts applications from private investors only. Accepting investments as low as $5,000 and sometimes up to $2 million, the company uses private investment to actively aquire undervalued property and provide a consistent return of fifteen percent.
Martin Bartolami, a semi-retired investor from Chicago is one person who has not been affected by the current real estate crisis.
"I originally invested with York Street a little over three years ago when they were really no more than a sweet little hidden operation in Texas. They didn't really advertise and not many people knew about them, but from the first month I invested to today I have been getting my fifteen percent return hassle-free. The peace of mind some of the staff has given me has really made this entire partnership worth it. Especially now when the markets are going crazy because of housing, I am glad to be part of the ones who are riding it out as if nothing happened."
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About York Street Properties, Inc.
Family owned and operated since 1935, York Street Properties, Inc. is a leading real estate investment vehicle focused on direct real estate investments. The management team is lead by Lance W. Puig, a third generation real estate investor. The company focuses exclusively on opportunities offering deep acquisition discounts stemming from distress situations.
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