|
|
Article: Magi Real Estate Announces Brass Real Estate Funds.
- Article from:
- Business Wire
- Article date:
- February 21, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SAN ANTONIO -- San Antonio's Brass Real Estate Funds portfolio of investments now exceeds $50 million and is planning for growth.
"The growth is due to multiple factors," said President Rick Rodriguez:
1) "The commercial real estate market (except retail) saw
declining values in the 3rd quarter 2000 through 3rd quarter
2003, especially in the office sector. This provided for
opportunities to buy at attractive prices, before the markets
rebounded and values increased."
2) "Brass Funds has been paying very high rates of return to its
investors, which translated into higher investor demand for
Brass ...