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Article: Cypress Creek Capital Launches New Subsidiary to Pursue Land Acquisitions in Florida.
- Article from:
- Business Wire
- Article date:
- February 14, 2007
CopyrightCOPYRIGHT 2007 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)
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FORT LAUDERDALE, Fla. -- Cypress Creek Capital, Inc., a real estate investment and advisory company, has formed a new subsidiary, Cypress Creek Capital Florida Land Investors, LLC, to acquire land throughout the state that is at least 50 acres, raw or developed, entitled and non-entitled, announced Jan David Reese and Steven Beauchamp, company principals.
According to Reese, during every real estate cycle there are exceptional investment opportunities.
"The residential land bubble currently bursting in Florida is setting the stage for a significant drop in prices," said Reese. "The slow down and adjustment period expected over the next few years should ...