Redevelopment of Rental Properties Opens Door to Lower Income Buyers
Gabhart Investments of San Diego has designed and developed a unique and critically acclaimed business model which successfully meets the needs of lower income buyers through incentivizing developers to participate in bringing money to market to rehabilitate previous rental properties.
(PRWEB) September 4, 2005 -- Answering a critical need for affordable housing in San Diego County has been an objective of politicians, realtors, and those for whom purchasing a home has been but a distant dream for some time. Now, that proverbial door is swinging open, and saying Welcome home."
Gabhart Investments of San Diego has designed and developed a unique and critically acclaimed business model which successfully meets the needs of lower income buyers through incentivizing developers to participate in bringing money to market to rehabilitate previous rental properties.
Curtis Gabhart, the President and CEO of Gabhart Investments, Inc. discussed this option during the recent well-attended seminar at UCSD for the Southern California Creative Investors Association. Real Estate Guru Alan Nevin also spoke. Gabhart has accomplished this formidable task by bringing all elements of the process in-house-not a unique perspective, but a well-defined and functional one; from the construction team to the sales and marketing group, the design team and the legal support.
We knew the market was there; now, we've successfully refined the model," said Gabhart after his presentation. This offers an amazing opportunity for the right candidates to purchase a home which is affordable and stylish-the new look for the New Millennium."
Jillian Ivey, in-house Financial and Legal Analyst to Gabhart, highlighted the care with which the plans are being developed. In all of San Diego County, there is probably no better model for lower-income home owners to embrace home ownership. We believe this will create a huge opportunity in the marketplace."
Gabhart, President and CEO of Gabhart Investments, Inc., is also a partner in ACI Commercial-the largest apartment broker in volume in San Diego. Gabhart currently has 25 projects in process in San Diego County, and in the next 12-18 months, will transact over $80 Million in business, and over $8MM in construction business, alone.
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