Bulk Purchase of Condos

www.newcondosonline.com has a division called NCO Capital for those of you that do not know. NCO Capital has grown in the last 2 years to be the leader in the industry in connecting buyers and sellers of bulk purchase opportunities in condos. NCO Capital also raises capital for developers. Right now our speciality is bulk closing on units. The groups that we represent typically look for a discount of at least 35% and they will come in and buy a large amount of condo units in the project or buy out the rest of the entire project. We are working on several Phoenix condo projects right now that are looking to sell the rest of their units to investors. We have completed several of these deals in the Las Vega Condo market and the Miami condo market. With the downturn in the market the last 2 years, a lot of developers want to move their condos quickly and NCO Capital helps them do this. We represent some of the larger funds in New York, Miami, and around the country.

Jon Thielen and Jeffrey Greco run NCO Captial. They are both featured speakers at the upcoming Distressed Real Estate Conference in Miami next month run by IMN. Jon and Jeff speak to over 100 developers each week in regards to bulk selling their condo units. They are working on projects from Las Vegas to Dubai, and all across the globe. If you are a developer and in need of financing for your condo project, or would like to explore the possibility of a bulk purchase of your project, please contact them at 619-787-2922.