Wednesday, April 15, 2009

Distressed Real Estate Capital Available!

This is a copy of the press release I just issued. I am really excited about the distressed real estate programs that we have available and I hope that the way that I am getting the word out is the right way to do it. The website listed below isn't up and running yet. it will be by next week at this time. I need to write an article for the business enterprise and see if I can get it published. It would be nice in the sl tribune as well. I think that with the right borrowers, a lot of money could be made. The window is now however. Waiting won't do. Here is the press release:

"Segway Funding has been retained to locate, identify and originate private bridge loans and/or joint ventures for owners and developers of foreclosed and distressed real estate projects. These scenarios often involve properties where a new lien holder has recently purchased a loan note as part of a larger FDIC loan pool.

Frequently these notes are being repurchased by the original property developers but that is not a requirement for financing consideration. Over $1 Billion is to be deployed over the next 6 to 12 months working specifically on individual note purchases on distressed property acquisitions. The rates on these loans are excellent as well and include construction funds where applicable.

Opportunities might include busted condominium projects, townhome properties, commercial office buildings, industrial properties, retail projects, either completed or near completion. Improved commercial/industrial and even residential land will also be considered. For additional information, please go to www.distressedrealestatecapital.com .

If you feel that you have a loan and/or joint venture opportunity, give us a call at 801-273-7700 or email at info@segwayfunding.com. We will not consider any single-family residential (1-4 units) notes or properties.
Segway Funding, Inc. specializes in arranging short-term (1-72 month), hard money / private equity loans nationwide. If you would like to contact them about this press release or for general company information please contact Charlie Crump at 801-273-7700 or email at info@segwayfunding.com"

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