The Khoshbin Company Enters the Houston Market

The Khoshbin Company has organized a privately held REIT headed by Manny Khoshbin in Newport Beach, CA. Khoshbin has purchased close to 500,000 square feet of office portfolios in Houston valued at $23,000,000 and another portfolio valued at $25,000,000 is under contract.

(PRWEB) May 19, 2005 -- The Khoshbin Company, a private Commercial R.E. Company headed by Manny Khoshbin in Newport Beach, CA has purchased close to 500,000 square feet of office portfolios in Houston valued at $23,000,000 with another $25,000,000 portfolio of Mid to High rise office space under contract.

The Khoshbin company has been acquiring Commercial Real Estate for the past five years primarily in under-performing markets (Phoenix,AZ, Houston & Forth Worth, TX) which have all been value added buys. Mr. Khoshbin owns Dupont Realty and Fidelity National Funding, full service Realty and Mortgage companies based in Irvine, CA. Mr. Khoshbin has purchased over $70 million of Commercial R.E. in the past 2 years alone.

After many requests for partnerships, Mr. Khoshbin decided to open his first private Real Estate Investment Trust (REIT). The Khoshbin Fund I, LP, will launch in early June with projected acquisitions in excess of $100 million in its first year.

About The Khoshbin Company
Based in Irvine, California, The Khoshbin Company is managed and owned by Manny Khoshbin. Mr. Khoshbin has been in Real Estate and Mortgages since 1992, but has concentrated on the Commercial office market for the past 5 years. The returns have been so great that he has decided to share this opportunity for wealth and form his first two private funds. The first Fund, named The Khoshbin Fund I, L.P., projects to acquire in excess of $100 million in its first year. The second Fund will be an Exchange Fund that projects to acquire in excess of $20 million in the next six months.

The Khoshbin Funds will be for experienced investors only with a minimum investment of $100,000.00.

This is for informational purposes only. It is not intended as an offering, which may only be done by prospectus. Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

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