Sol Mar Launches Crowdfunding Campaign With to Aid in Needed Affordable Housing

Woodland Hills, CA, – Sol Mar REI, LLC a residential real estate investment firm, announced today the launch of a crowdfunding campaign with, designed to raise $ 4 million to aid it’s objective in providing needed affordable homes.
WOODLAND HILLS, Calif. - Aug. 7, 2014 - PRLog -- Greg Vanian, Manager of Sol Mar, stated: “Our crowdfunding initiative is part of an overall campaign to capitalize on opportunities in the single family and multifamily dwelling space in key markets, buying from secure and reliable sources of distressed properties well below market with equity and positive cash flow after renovation. It truly is a once in a lifetime opportunity in this space.” Sol Mar REI believes that its technology, human resources, strategic relationships and timing is ideally matched to the opportunities.

Sol Mar has key relationships on both the buy and most important sell side of the transaction which minimizes inventory warehousing. Sol Mar REI’s model of warehousing these properties produce great net positive cash flow until sold. Understanding their clients needs in terms of property profiles and number of units per transaction is key in their overall plan implementation.

Sol Mar’s initiative is part of an overall capital raise with “accredited investors.”

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About Sol Mar REI

The Company Objective is to provide affordable housing to particular portions of the population in desperate need of housing. The Company’s geographic to acquire distressed single-family and multifamily residential properties are in California, Arizona, Nevada, Georgia, Oklahoma, Texas, Tennessee, Missouri, and other states, with its primary focus in Los Angeles and Memphis. The company has developed specific housing models not currently being offered in the marketplace today.

Sol Mar REI, LLC
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