LAS VEGAS, Aug. 18, 2015 /PRNewswire/ -- Crystal View Capital confirmed today their continued focus on aggressively acquiring mobile home parks and other commercial real estate properties. "We are expanding our project development team that is responsible for locating suitable properties for the Fund to acquire," stated Matthew Ricciardella, the Managing Director of the Company. "As that team grows it brings us closer to achieving our immediate goal of reaching $100 million in assets under management. Looking beyond, we're hopeful of topping $250 million in assets under management within the next 3-5 years."
Matthew Ricciardella is widely acclaimed and highly renowned as an expert in structuring innovative real estate transactions coupled with his unique talents and deal making skills. The primary focus and specialization that Ricciardella has made a priority over the past decade has been in the investment and management of mobile home park communities, self-storage facilities, office buildings, and retail properties.
Known for their ability to close transactions quickly, Crystal View Capital has built a reputation as being one of the best real estate investment funds for owners to contact if they are anxious to sell their property. "When an owner of a mobile home park or any other commercial real estate asset wants quick action, they call us," said Ricciardella.
Crystal View Capital's value investing approach and strategy continues to draw the attention of qualified accredited investors who are looking for solid returns and passive predictable income that provides safety and security. "Investors have become tired of 1% annual returns from their CD's and the market swings of Wall Street," states Ricciardella. "We're paying our investors a minimum of an 8% preferred annual return, with distributions paid quarterly."
Crystal View Capital's principals co-invest their own capital side-by-side with investors, creating an alignment of interests and a focus on performance. "We believe hands-on asset management is absolutely essential to achieving a successful investment strategy," states Ricciardella. "Successful real estate investing is easier said than done. Knowledge and experience along with proven strategies are the keys to success." Crystal View Capital, led by its Founder Matthew Ricciardella, has clearly mastered the art.
About Crystal View Capital
Crystal View Capital Fund I, LLC focuses on the acquisition and management of under-performing income producing commercial real estate nationwide. The Fund identifies strategic sub-markets for acquisitions where fundamentals are strong, there is positive job growth, and rents are trending upward. Under-performing properties that are selected are generally purchased at a discount and have the potential to be worth significantly more within a 1-5 year holding period. Rather than relying on markets or speculating, the Company forces the appreciation of properties by first identifying assets with substantial upside potential then unlocking this hidden value though effective property management practices.
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SOURCE Crystal View Capital