Throughout 2009 (CPHG) Estimates A Purchase Money Portfolio of 100 Million Dollars. It is further Projected that 100Million Will Be Expended To Purchase Undervalued Properties and Bankrupt Development Projects. The Company Is Forecasting The Following Three Years Of Income. 2008 18 Million, 2009 45 Million, 2010 75 Million, 2011 125 Million.
Income Projections are Based on Forecasted Rental Payments, Capital Gains from Property Flips and Mortgage Interest Received From Company Held Financing.
Crystal Properties Holdings, Inc. Projects Gains for 2008 and 2009
Tuesday January 27, 6:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Jan 27, 2009 -- Crystal Properties Holdings, Inc. (Other OTC:CPHG.PK - News) projects strong gains for 2009. The Company is estimating gains throughout 2009 to reach levels of $45 - $50 million based on the abundant inventory of properties that continue to flood the market due to bank foreclosures, the current credit crunch and other economic and recessionary forces. This compares to the 2008 projection of $12 - $18 million which was not realized due to market conditions and the current economy. CPHG estimates realized gains will not be recognized until residential sales stabilize and the market reaches an equilibrium.
Crystal Properties Holdings Inc. Announces Arizona and California Properties Are Targets for Purchase Offers
Friday November 21, 6:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Nov 21, 2008 -- Crystal Properties Holdings Inc. (Other OTC:CPHG.PK - News) Board of Directors has approved the issuance of offers for bank and other financial institution owned real estate in Arizona and California, in addition to Nevada. Major Banks including Indy Mac, Countrywide, Wells Fargo and Bank of America will be approached about properties in these markets. Peter Anello, president of Crystal Properties, stated, "The undervalued real estate in these states is overwhelming and present tremendous opportunities for the company in the future."
Crystal Properties Holdings Inc. Announces Strong Gains Are Projected for 2008
Wednesday November 19, 10:17 am ET
LOS ANGELES, CA--(MARKET WIRE)--Nov 19, 2008 -- Crystal Properties Holdings Inc. (Other OTC:CPHG.PK - News) announced the selling trends of the Las Vegas area bank-owned real estate are much more favorable than previous estimated. The acquisition team is projecting strong gains based on the quarterly market analysis and forecast. If real estate trends continue, the original projections of $12 million will reach closer to $18 million by the end of 2008. Peter Anello, the president of Crystal Properties Holdings Inc., stated, "If the trends and opportunities continue, the projected gains could even surpass $18 million during the last part of 2008. The large number of foreclosures and the banks willingness to sell at huge discounts is creating a very favorable buying market for the Company."
Crystal Properties Holdings, Inc. Announces Offers Pending for Key Real Estate Purchases
Friday November 14, 6:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Nov 14, 2008 -- Crystal Properties Holdings, Inc. (Other OTC:CPHG.PK - News) Board of Directors has approved finalizing offers for bank-owned real estate in the Las Vegas metropolitan area. The Company has offers pending with Indy Mac, Countrywide and Wells Fargo. Peter Anello, President, stated, "Traditionally the holiday months are the best purchase months for undervalued real estate and we are going to seize that opportunity."
CPHG Share Structure per pinksheets.com:
Authorized Shares (AS) = 100,000,000 Shares
Outstanding Shares (OS) = 39,000,000 Shares
Restricted Shares = Pending
Float = Pending
Crystal Properties Holdings, Inc.
1880 E. Warm Springs Road
Las Vegas, NV 89119
Peter V. Anello, President
President and manager of the operations of Crystal Properties and Investments Inc for more than four years and over 14 years experience purchasing and selling real estate. Mr Anello has extensive real estate experience and a broker’s license in Nevada and Oregon. He has knowledge of most facets in the real estate industry including but not limited to residential and commercial purchases, sales and developments. His expansive knowledge has been the foundation for the current success of Crystal Properties and Investments Inc.
Mailing Address: 1880 E Warm Springs Rd #140 Las Vegas, NV 89119
Jolynn Ibanez, Vice President
Jolynn has over sixteen years of experience in the mortgage and real estate industry underwriting commercial and residential loan packages. She was previously the operational manager for AA Capital Investments Inc. for the past two years. Specialty skills include the ability to underwrite loans and accurately asses potential lending, property and development risks. She is also a licensed Nevada Real Estate Agent.
Mailing Address: 1880 E Warm Springs Rd #140 Las Vegas, NV 89119
Rick Costello, Director of Marketing
Over 12 years experience in marketing, including the developing of website marketing strategies. Rick is experienced in internet development, administration and monitoring of real estate properties. He has most recently managed web development projects and marketing plans for a wide array and assortment of clients. Exclusively responsible for the marketing plans, leads and prospects generated by http://www.cpi-homes.com through its and pay per click marketing plan and organic search engine placement plan.http://www.cpi-homes.com and supporting statistical based purchase programs.
Jon Halder, Director of Data Base Information
Jon has over 20 years of computer database programming and real estate analysis. Operating director and team leader for Halder Consulting. Regularly developed database, website and marketing applications for a wide array of customers. Specialty skills include an assortment of web based programming skills. Over the past few years he has been exclusively responsible for the maintenance and development of
Travis Grimmit, Director of Acqusitions and Property Development
Travis has over 30 years of building experience. He has a tremendous amount of experience in project management, feasibility forecasting, and marketing residential and commercial projects. Key person in the evaluation and assessment of risks relating to development. Regularly involved in the assessment of commercial and residential developments to accurately asses cost breakdowns and feasibility of acquisitions. Very broad knowledge of most construction methods, processes and development issues.
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