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posts: 382

Sep 01, 2008 12:27 PM ET    Quote  Report Abuse
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I build retail shopping centers, and commercial office centers. Or at least that is what I`d been doing for the past 15 years, as Executive Vice President of a large Miami based developer. Needless to say, the economy took its toll on that company and ultimately I was given a severance and let go. With scant opportunities for employment, I decided that starting my own business might be a more viable option.


In the short term, I am managing developments for other developers who either do not have the staff, desire or the knowhow.


Naturally, over the years, I have garnered some very good relationships with realtors, tenant reps, and retailers, and would of course like to pursue projects, where I might have some equity position.


If you have, or know of anyone that has an interest or need, I am available to discuss it at your convenience.


Thanks for your help.

DMIGUY9/16/2008 1:42 PM
robertj

posts: 1458

Sep 01, 2008 12:46 PM ET    Quote  Report Abuse
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Bob,

I may have a contact that can help. Send me a PM with your email address.



-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com


FastVentures

posts: 306

Sep 02, 2008 11:39 AM ET    Quote  Report Abuse
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Hi Bob,

What you are saying makes sense, except that there aren’t that many economies out there that are thriving these days. Even in the praised Eurozone, where countries such as Germany and France long seemed to have weathered the global economic downturn much better than the United States, bad news start trickling in. The same is true for the UK, where leading economists now openly discuss their fears that the country will slide into a recession. Same thing in Japan.

I guess the point I am trying to make is that if you intend to raise money in uncertain economic times like this, you will need to look beyond the obvious.

Also, as I pointed out over and over again here on Start-up Nation, there is no shortcut to investors. You will need to develop a structured prospecting strategy that is built upon the characteristics of the deals you’re offering and the expectations of investors who will most likely find these deals to be in line with their investment objectives.

In your case I would recommend going after institutional investors such as insurance companies, pension funds, etc. as they seem to have shifted to a long-term, low risk investment policy. Diversifying your prospecting strategy by targeting foreign investors won’t hurt, but these days, American real estate stands for nothing but inflated appraisals, defaults, and huge losses.

There are some articles available on our website that you may find interesting:

Finding the Right Investors
http://insights.fastventures.com/is-bin/reviews/rev06302008.php


I hope this helps.


Mark

FastVentures9/2/2008 11:43 AM


-------------------------


Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com
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