CapGain Properties Inc. Announces Strategic Alliance With Win Capital Group, LLC
(firmenpresse) - LAKE IN THE HILLS, ILLINOIS -- (Marketwire) -- 01/25/13 -- CapGain Properties Inc. (TSX VENTURE: CPP) ("CapGain") is pleased to announce that it has formed a strategic alliance with Win Capital Group, LLC ("Win Capital") in an effort to gain access to substantial commercial real estate purchasing opportunities at very attractive prices. These opportunities may be comprised of outright purchases, partnerships, joint ventures, partial equity interests, and lending. Win Capital, through its founder and managing director John Taylor and others on their experienced management team; have developed very significant relationships with banks, special servicers, and other institutions; all of which hold considerable distressed and performing real estate portfolios that are often available to Win Capital at attractive pricing.
Win Capital has developed the Community Bank recovery Program which provides targeted loan portfolio restructuring, acquisitions, and re-capitalization to certain community banks in need of capital assistance. This re-capitalization of banks results in the ability for the community banks to afford to certain bank assets well below market value. Given the analogous nature of Win Capital and CapGain's business models, and in an effort to locate purchasing and lending opportunities and, in some instances, participate together in those opportunities, was logical to form a strategic alliance with Win Capital and should prove to be mutually beneficial.
About CapGain
CapGain is an investment company that purchases, re-structures when applicable, and sells real estate in the United States, with a forward moving focus on income producing real estate. CapGain's contacts within the real estate and finance industries allow the purchase of properties significantly below market value.
Additional information on the operations or financial results of CapGain is included in reports on file with applicable securities regulatory authorities and may be accessed through the TMX website () and the SEDAR website () under the profile for CapGain.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this report and the documents that we incorporate by reference, are forward-looking statements and can generally be identified by words such as "will," "allow," "outlook," or the negative of these terms, and other comparable terminology.
Various risks and other factors could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward looking statements, such as whether CapGain is able to meet price, performance, quality and delivery requirements. Although CapGain believes that the expectations represented by any forward-looking statements and forward-looking information contained herein are reasonable based on the information available to them on the date of this document, management cannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements or forward-looking information. CapGain undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.
The TSXV has neither approved nor disapproved the contents of this press release. The TSXV does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
CapGain Properties Inc.
Brian Knight
Chief Executive Officer
(847) 854-4213
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Datum: 25.01.2013 - 21:02 Uhr
Sprache: Deutsch
News-ID 223213
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contact information:
Town:
LAKE IN THE HILLS, ILLINOIS
Kategorie:
Commercial Real Estate
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