philippe olivier
Fort Lauderdale, FL (USA)
Role(s):
Florida Property Recovery Fund
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Startup
Location:
Fort Lauderdale
Industry:
Real Estate
Year Founded:
2007
Number Employees:
INVALID
Description:
The Florida Property Recovery Fund (“The Fund”) is a performance driven low-leveraged real estate investment opportunity fund being launched for US and international, corporate, institutional and high net worth capital investors.
The Fund’s mission is to profit from the current turbulence in the US residential real estate market in the South Florida region.
Its objectives are to opportunistically acquire “distressed” properties at a substantial discount to their current value, with a particular focus on the South Eastern region of Florida, known as the Gold Coast.
The Fund will assemble a portfolio by intelligently “cherry picking” a range of primarily residential properties with promising potential for a fraction of their value. The targeted properties will be those most aff