Eileen Schwartz
Auburndale, MA (USA)
Role(s):
Founder/Owner/Principal
Newton Centre Properties, Inc.
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Startup
Location:
Auburndale
Industry:
Real Estate
Year Founded:
1985
Number Employees:
1-10 people
Description:
For the last 15 years, Newton Centre Properties, Inc. (NCP) has formed real estate investment partnerships to purchase investment real estate. NCP seeks accredited investors to purchase multi-million dollar institutional-grade properties. Investors get the cash flow, appreciation and tax benefits of investment real estate ownership, without the headaches of property management. The mission of NCP is to source properties in emerging economic markets throughout the United States. Today, NCP is invested in four states and is continually examining new markets for future investment.
NCP uses proprietary criteria to identify investment markets based on economic trends for market growth. Patterns of employment, absorption, new construction, rent growth, and capitalization rates are factored into a matrix to evaluate potential geographic markets. Within those markets, NCP seeks properties that have opportunities for added value by improving property management, physical upgrades, and market development.
The investors in the real estate partnerships of NCP must meet the asset and income thresholds for Accredited Investors.