Thomas Nowak
Miami, FL (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
82nd Street LLC
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Startup
Location:
Miami
Industry:
Real Estate
Year Founded:
2006
Number Employees:
1-10 people
Description:
Real Estate Development
82nd Street LLC is a Florida registered company which acquires and owns properties in South Florida with the intend to develop new contemporary style townhouses in good locations throughout the Tri County – Miami-Dade, Broward and West Palm Beach. In order to complete the subject “NOBE” townhouse project the company is looking to partner up with investors and attract sufficient funds to start construction of the first 10-20 townhouses.
The company is looking for a Joint Venture Partner in the amount of approximately $1,800,000 for completion of NOBE which consists of up to 20 town houses. These funds will allow starting the construction process and cover all related costs of the project resulting in an annual rate of return of estimated 40% p.a. over a period of 4 years by utilizing the current difficult times to start construction and sell into a market recovery in the coming years.