NEW YORK, Nov. 8, 2013 /PRNewswire/ -- Hospitality Investments and Developments, a leading player in the New York City hotel development market, is looking for new investors in light of the current economic boom within this dynamic sector. The company reports that their team is already seeing investor inquiries growing daily but there are still several opportunities out there for the savvy individual who knows a good deal. 1031 Exchange Properties individuals are expected to represent a huge portion of the investment activity.
(Photo: http://photos.prnewswire.com/prnh/20131108/PH13356-a )
(Logo: http://photos.prnewswire.com/prnh/20131108/PH13356LOGO-b )
"Investing in a NYC hotel development makes perfect sense for 1031 Exchange individuals. Nowhere else can one make three times more profit than the average benefit," explains Levi Yitzchak.
"If individuals have sold or are thinking about selling real property in the near future, they want to avoid or defer paying substantial capital gains taxes at sale. Therefore, an ever-increasing number of new investors are banking on the profitable margins returned by smart investments in NYC hotel developments," continues Yitzchak.
Hospitality Investments and Developments advises clients about the many benefits of investing a 1031 Exchange in the NYC hotel industry. According to the company, investors will get added value to their equity from day one. In addition to real estate, investors can participate in operation cash flow. Individuals can maximize their investment (without the rush) with ongoing hotel projects in the Big Apple.
1031 Exchange individuals are encouraged to contact Levi Yitzchak for the best investment advice available in the industry. Learn everything you need to know about New York City hotel projects. Explore extensive data as well as the latest industry news at http://hospitality-investments.com.
About Hospitality Investments and Developments:
With its unsurpassed professionalism, industry expertise, and broad experience, Hospitality Investments and Developments is the trusted source among investors interested in the NYC hotel market. Hospitality Investments and Developments handles ongoing hotel projects in New York City. The company's premier team evaluates an investor's situation and formulates a strategy with individuals and advisors to ensure compliance with tax codes and time horizon requirements.
Contact:
Levi Yitzchak
Executive Vice President, Acquisitions and Developments
T: 646-651-4554
http://hospitality-investments.com
Read more news from Hospitality Investments
SOURCE Hospitality Investments and Developments
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article