Strategic
Investment Partners is a distressed residential land acquisition
venture between Highridge
Partners and West
Coast Housing Partners, two West
coast leaders in residential land investment and development. This
venture specializes in purchases of fee title or notes secured by
first liens on entitled single family residential properties. These
entitled properties can include either finished or "paper" lots.
Currently, Strategic Investment Partners has $500 million of equity
capital available to acquire these assets from banks, other financial
institutions, developers and owners looking to minimize their losses
on distressed residential real estate. Strategic Investment Partners
will buy on an all cash "as is" basis.
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