FOR
IMMEDIATE RELEASEFOR
IMMEDIATE RELEASE
Media Contact:
Genevieve Anton
Rodheim Marketing Group
714-544-6503
genevieve@rodheim-marketing.com
Real Estate Investment Company has Tripled Revenues since 2005 to Reach
$46.5 Million
IRVINE, Calif. – Oct. X, 2007 – Pacific
Property Assets, a robust real estate investment firm, ranks No. 17 among
the fastest-growing companies in this thriving Southern California county,
according to a list released by the Orange County Business Journal.
PPA, a privately held company that focuses on the acquisition, renovation and
operation of value-added apartment buildings, experienced a 204 percent growth
in revenue over the past two years and will bring in an estimated $46.5 million
this year.
“We’re proud to be named the 17th fastest growing company
in Orange County on a list next to some of the most successful entrepreneurial
names in California,” said CEO Michael J. Stewart, who co-founded PPA
with his partner John Packard in 1999. “Our high ranking is a testament
to ….(insert one of PPA’s key messages…why has it been
successful?”
PPA is the only real estate-related enterprise among the top 25 percent of
companies on the business journal’s list. That’s because despite
falling home prices and weak sales, PPA has set its sites on one segment of
the real estate market that has remained strong – apartment properties.
“The commercial real estate market has been unscathed by the sub-prime
mortgage fiasco,” Stewart said. “(Something here about your business
strategy or why apartments are a solid investment”
Pacific Property Assets’ capital structure is unique to the industry – the
company is the equity owner of all its properties. In exchange for a fixed
rate of return, outside investors contribute funds to acquire and renovate
properties, but do not own them. This allows the company’s holdings to
grow and provides significant financial stability to each transaction. Investors
receive a secure, fixed-rate, fixed-term investment over a predetermined period
that earns a considerable premium over other fixed-rate opportunities.
To date, Pacific Property Assets has raised more than $80 million from 500+ private investors in more than 140 separate offerings and has remitted monthly investor interest checks totaling more than 32,000 – each and every return component received as originally promised.
For a complete list of the Orange County Business Journal’s Top 100
List, click here (link this to a PDF of the list posted on YOUR
Web site)
About Pacific Property Assets
Pacific Property Assets (PPA) is a real estate investment company based in
Southern California with corporate/investor relations offices in Irvine and
central property operations headquartered in Long Beach - with branch facilities
in Riverside, CA and in Phoenix, AZ. PPA is privately held and focuses on the
acquisition, renovation and operation of value-added apartment buildings. Inc.
Magazine named Pacific Property Assets to its prestigious Inc. 500 list of
the fastest growing privately held companies in America in 2004 and 2005.