Sherman Oaks, CA (PRWEB) February 24, 2011
Cleveland Ohio has become a great investment focus of APV moving forward. Shawn Wikoff, Advantage Property Ventures, L.P. commented, "Prices are discounted heavily and resources for renovations as well as materials are priced more agressively than other geographies currently."
Shawn Wikoff and Paul Petonak of Advantage Property Ventures focus on asset investment research with major commercial opportunities and developments, listing and selling APV properties to currently overseeing rehabilitation projects on large multi and single-family residences, as well as potential new commercial construction projects. Shawn Wikoff and Paul Petonak work closely with local resources who also manage a large portion of APV's Ohio and Indiana mortgage pool of distressed notes, while APV attempts to transition those notes into REO properties. Paul Petonak says "These resources offer access and significant depth to real estate resources in the Midwest that have contributed greatly to APV's bottom line, as well as create invaluable relationships with local commerce."
Advantage Property Ventures, L.P. is a real estate partnership based in Los Angeles, California. APV has been in business since June of 2009. The APV operational model focuses on acquisitions of distressed real estate assets while continuing to seek out attractive real estate bargains that offer immediate equity.
Except for the historical information contained herein, the matters set forth in this press release, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements speak only as of the date. Because such statements deal with future events, they are subject to risks and uncertainties, including, but not limited to asset acquisitions and return(s) from asset liquidations, if any transpire. Myriad different financial environments may determine the outcome of the private placements' success. We undertake no obligation to update the forward-looking information in this release.
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