Crystal Properties Holdings, Inc. (CPHG:PK) - Finding Extreme Value in Real Estate
Thinking big has been of paramount importance in the real estate industry and big thinkers have made fantastic fortunes in real estate. From a time over a century ago when real estate speculator John Jacob Astor became the richest man in America to today, when real estate mogul Donald Trump has become one of the most recognizable faces in the world , real estate has always been a cornerstone of America’s wealth.
In a world filled with dramatic change, the real estate industry has also undergone significant change. Housing prices have plummeted for over three years and the U.S. real estate market has experienced the greatest downturn in real estate values since the Great Depression. From adversity comes opportunity and Nevada-based Crystal Properties Holdings, Inc. is aggressively targeting business opportunities within the real estate industry for development as well as to purchase distressed dwellings throughout the country.
Founded in 2000, Nevada-based Crystal Properties Holdings, Inc. is focused on aggressively purchasing and selling discounted real estate, real estate portfolios and underdeveloped properties from individual investors, financial institutions, developers and banks. In a difficult year for the economy, the real estate market has shown some signs of a general nationwide rebound. At the same time, 2 million housing units in the United States are in foreclosure or already bank owned and millions more are likely to become a statistic as we head into 2010. Crystal Properties (CPHG:PK) is making a large bet on finding extreme value in the real estate markets over the next 12 months.
Just recently, Crystal Properties announced plans to help fund senior housing projects which constitute a significant percentage of all real estate in the United States. As previously announced, the company is also targeting self storage facilities.
The company currently has 257,886,474 shares outstanding with less than 10,000,000 shares in the public float. There is a lot of value in the real estate market but the management team of Crystal Properties is not only looking for value- they’re looking for bargains in this environment. With less than 10,000,000 shares in the float, any good news could cause the shares of Crystal Properties Holdings to make a big move.
Disclaimer:
An affiliate company of 1800blogger.com, Inc. has been compensated $5,000 to publicize the Crystal Properties Holdings, Inc. (CPHG:PK) story to investors. Please read the rest of our disclaimer which could be found by clicking on the link (disclaimer) at the top of any page on this blog.
