1000th Single Family Residence Purchased by Citivest Inc.
NEWPORT BEACH, Calif., March 8, 2013 /PRNewswire/ -- (SEND2PRESS NEWSWIRE) -- Citivest Inc., a leading full service real estate investment company, has recently purchased its one thousandth single family residence (sfr) for its short term flip and long term rental property investment program.
"We are very excited about reaching this major milestone with our residential property investment program," said Citivest's Co-Founder John Lembeck. "For over 30 years we've been doing our homework with no short cuts, with every stage of the investment process being managed and executed by Citivest on behalf of our investors," Lembeck added.
"Our investors have benefited greatly from the Citivest residential 'short term flip' program and are now enjoying above average monthly returns and appreciation potential from our residential 'buy to rent' program," said Dana Haynes, President and Co-Founder of Citivest.
Since its beginning in 1982, Citivest has grown into a leading full service real estate investment company specializing in adding value and achieving excellent returns for its investors and investment funds through strategic acquisitions, ground-up development, and property repositioning, including renovation, leasing, and management improvements. Citivest's team is active in the purchase of commercial and residential properties and secured notes through trustee sales, short sales, and through direct contacts with lenders and property owners.
Citivest has syndicated and acquired hundreds of investment properties, including office buildings, industrial properties, retail properties, apartment buildings, and thousands of single family homes. Citivest is dedicated to serving high-net-worth individuals and institutional clients throughout the United States.
For more information online, visit: http://www.citivestfunds.com/ .
For further information, please contact:
Director of Investor Relations
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SOURCE Citivest Inc.