Posts Tagged ‘Plans’

Hilton Worldwide and Englewood LLC Announce Plans for Homewood Suites Washington DC – US Capitol / Ballpark Area

Thursday, April 3rd, 2014

Washington, DC (PRWEB) March 03, 2014

Hilton Worldwide and Englewood LLC today announced plans for a 195-suite Homewood Suites by Hilton, Hilton Worldwide’s international brand of upscale, all-suite, extended-stay hotels, to be developed by KCG 50 M LLC, an affiliate of Englewood LLC, in the Capitol Riverfront neighborhood of downtown Washington, DC. Homewood Suites Washington DC – US Capitol / Ballpark Area will be located at 50 M Street SE, directly across from the Navy Yard Metro station, one block from Nationals Park and proximate to Capitol Hill, The Yards Park, and the National Mall.

Construction of the eleven-story building is expected to commence in the late 2014/early 2015 with opening planned for the second quarter of 2016.

Hilton Worldwide is actively expanding the Homewood Suites by Hilton brand in major urban markets throughout the United States, and we are excited to be working with Englewood to bring Homewood Suites to this rapidly growing area, said Bill Duncan, Global Head, Homewood Suites by Hilton.

Ken Finkelstein, President of Englewood LLC, said, We are very excited to be working with Hilton Worldwide. This product is the perfect fit for the vibrant, diverse mixed-use environment that is developing in and around the Capital Riverfront area of Washington.

KCG 50 M LLC is a collaboration between Englewood LLC and CG Investments, a Washington, DC real estate investment and development organization formed by Greg and Candy Fazakerley subsequent to their ownership and management of Development Resources, Inc. (DRI), one of the leading private real estate development firms in the Washington, DC region. This is the two firms’ second such venture; they are also jointly developing a 208-key select service hotel in the Harbor East submarket of downtown Baltimore, with delivery scheduled for late this year.

Upon completion, Homewood Suites Washington DC – US Capitol / Ballpark Area will contain 195 attractively designed guestroom suites with a contemporary d

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Rick Otton Announces Plans to Uncover Brisbane Property Myths in New Seminar

Saturday, October 19th, 2013


(PRWEB) October 07, 2013

Rick Otton, known for his unconventional property investment strategies and for his best-selling real estate book How to Buy A House For A Dollar, has set his myth-busting sights on sunny Brisbane with a property event to be held in October.

On the back of the recent figures showing that the city had topped Australias state capitals in August for property market growth with a 1.5 per cent increase in dwelling values, Mr Otton declared that his upcoming Brisbane real estate investment event is well-timed to bust some of the more popular property myths.

People keep telling me that you need to pay a lot of attention to things like property values if you are serious about getting growth and cash flow in your property portfolio. Its really strange. They also keep saying that you have to care about interest rates, and make sure you have a big deposit or lots of equity to get into property investment. But its just not true, said Mr Otton.

Mr. Otton has made the list of Top 10 Most Popular Finance Title for 2013 with his real estate book, which shared the strategies he used to become a real estate authority, and in particular, how to get into property investing without a deposit, bank loan or experience in real estate.

His advice can seem unusual at first, but with his real estate events filling up around the country, it seems that many people are keen to hear about new approaches.

The focus on percentage rises in values and rates as a way of asset protection just doesnt make sense anymore its outdated. I love real estate and Ive made it my personal mission to teach as many Australians as possible how to use innovative strategies to build their own property portfolios, said Mr Otton.

The one day Queensland event, to be held on Sunday October 13, at the Mercure Brisbane, has been designed to showcase strategies for increasing your rental income, selling your property without lowering the price, and understanding opportunities where interest rates just dont matter.

Its all part of my mission to help ten thousand Australians get into property, whether a family home or an investment, without needing to jump through bank mortgage hoops or scrimping and saving to get a deposit together. This time its Brisbanes turn, said Mr Otton.

For full details or to reserve a seat at the Brisbane real estate event, visit HowToBuyAHouseForADollar.com.au or call 1300 888 450.

About Rick Otton

For over 23 years property millionaire Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed – strategies in which transactions are made without the need for traditional bank-type loans. He constantly refines his techniques as he buys and sells properties through his We Buy Houses business which operates in Australia, New Zealand and the UK.

A gifted speaker and educator, Mr Otton conducts regular one-day free seminars across Australia, which build on the the concepts he shares in his 2012 book ‘How To Buy A House For A Dollar’, voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.

He regularly records and publishes iTunes podcasts via his channel Creative Real Estate.

His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor.

To register for one of Mr Ottons free Australian one day seminars visit HowToBuyAHouseForADollar.com.au or phone, in Australia, 1300 888 450.







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IRA Financial Group Clients Using Self-Directed IRA and Solo 401(k) Plans to Purchase Detroit and Puerto Rico Debt, According to an IRA Financial Group Monthly Report

Tuesday, October 1st, 2013


Miami, FL (PRWEB) September 24, 2013

IRA Financial Group, the leading provider of checkbook control self-directed IRA and Solo 401(k) Plans announces the finding of its monthly report which found that an increasing number of retirement investors were looking to purchase distressed municipal debt, such as Detroit and Puerto Rico debt using their self directed IRA LLC or Solo 401(k) Plan accounts. We have seen a surge in interest from retirement account investors looking to use a tax-deferred self-directed IRA or Solo 401(k) Plan account to buy Detroit and Puerto Rico bonds at depressed prices, Stated Adam Bergman, a tax attorney with the IRA Financial Group. Detroit’s bonds have become a very hot topic with self-directed retirement investors since the Motor City filed for the largest municipal bankruptcy two weeks ago, stated Mr. Bergman.

According to Mr. Bergman, many retirement investors who have some experience investing in troubled or bankrupt companies think these bonds will turn out to be lucrative in the long run.

The problem is there aren’t that many available. Typically when a taxpayer purchases a municipal bond, such as Detroit, one of the advantages is that the interest generated by the bond is exempt from tax, which is quite attractive to high net worth individuals. Such a tax exemption is typically not very attractive to tax-exempt investors, such as a pension plan or IRA since they are already exempt from tax. Interestingly, retirement investors have shown strong interest in purchasing tax-exempt municipal debt, such as Detroit, Puerto Rico, and Illinois even without the added tax benefit, stated Mr. Bergman.

The primary advantage of using a Self Directed IRA LLC and Solo 401(k) Plan to make investments is that all income and gains associated with the IRA investment grow tax-deferred.

Using IRA Financial Groups self directed IRA LLC with checkbook control solution to make investments offers a number of very interesting investment opportunities, including the ability to diversify ones retirement portfolio with real estate, precious metals, and other alternative investment options. With IRA Financial Groups self directed IRA LLC solution or Solo 401(k) Plan, traditional IRA or Roth IRA funds can be used to make non-traditional investments, such as real estate to better diversify themselves from a falling stock market.

The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.







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DMTX Realty Plans for Growth; Opens New Office in Downtown Austin

Tuesday, August 27th, 2013


Austin, Texas (PRWEB) August 20, 2013

DMTX Realty, founded by broker Dave Murray, have seen their business grow in large strides in recent years. Since 2010, the company has grossed more than 140 million in sales. While the booming austin real estate market is a significant factor, Mr. Murray attributes the company’s successes to other forces.

“A big reason we have had such success in Austin and Central Texas is the crossover exposure our clients get,” says Mr. Murray. “Because we service so many different types of properties ranch, luxury, waterfront, and residentialwe reach a lot of different segments. We have worked for years to formulate relationships with each of those communities, and they overlap.”

Indeed, Mr. Murray started working as a REALTOR

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