By Mike Sorenson
Ocean Capital Group
"Ocean Capital Group has negotiated a bulk discount, by way of builder close outs, with a large developer in Arizona. All available properties are newly constructed SFR's.
The partnership enables us to offer a deep discount far below current comps and/or bulk REO pricing (for never lived in single familyresidences).
Even with current market conditions this opportunity represents atremendous upside and will only be offered to existing clients of the firm.
We are currently negotiating with several strategic partners to offerdiversified, unique and truly viable investment opportunities. We expect to bring to the table, a minimum of $100MM/month diversified real estateinvestment executions in strong demographic markets beginning next month.
Our portfolio positions will be close to if not over $500mil in REO, Non Performing, and performing assets available by the first week of September. Current pools range from $10 to $160mil in size/valuation.
Look for information and parameters on our San Diego builder close outs/ liquidations inside of the next week." - Mike Sorenson, President, Ocean Capital Group.
With questions contact....
Justin Davis
Ocean Capital Group
justin@ocgdirect.net
Saturday, September 1, 2007
Ocean Capital Group Acquires Solid Real Estate Deals for The Serious Investor...
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Justin Davis
at
4:43 AM
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Labels: arizona real estate, builder close outs, Ocean Capital Group, san diego builder close outs
Tuesday, August 28, 2007
Ocean Capital Group teams with HOEM in pursuit of San Diego County REO's.
Ocean Capital Group, LLC (OCG) and Home Owner Equity Management, Inc (HOEM) have recently teamed upin an effort to capitalize on an overall slowing real estate market. While the two entities remain separate fromone another, they complement each other rather nicely.
While both companies Deal with nationwide bulk REO pools, they also both have clients looking for So, CA. specific REO pools. Among those clients are a handful that have been more specific in requesting San Diego County only. The fact that OCG and HOEM are both in the hub of Southern California helps out as well.
The REO business has had an adrenalin shot with the nation-wide real estate slow down; but was that shot an overdose? It may have been.... There are real estate agents and brokers all over the place claiming to be direct to the bank / seller / compiler / etc, etc, as well as claiming to be direct with buyers. Rarely will these claims prove to be true; this is another reason that OCG and HOEM decided to team up.
The officers / principles alone have nearly 50 years in the real estate investment business. Along with that came accidental as well as intentional relationships on the direct buying end as well as the direct selling end. The President of Ocean Capital Group in particular was in the REO business back in the 1980's.
In addition to REO's, Ocean Capital Group is also involved in several large scale commercial projects. Most recently, a $200,000,000.00 venture capital loan and a $40 Billion international deal is in progress.
Until next time,
Justin Davis
Ocean Capital Group
justin@ocgdirect.net
Posted by
Justin Davis
at
9:48 PM
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Labels: Bulk REO Pools, bulk reos, Commercial Projects, Ocean Capital Group, Southern California