Moshe Manoah: Distressed Real Estate

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Moshe Manoah: Distressed Real Estate Moshe Manoah is a founding member of the Crown Holdings Group, which purchases distressed real estate properties, rehabilitates them, and applies strong management to them to the marketplace. He is known as a highly influential person with a lot of positive energy, and is a strong go-getter who believes that anything can be accomplished with the right attitude. As Moshe Manoah knows, a distressed real estate property is one that is in foreclosure, or is being sold by its mortgagee. Invariably, a distressed property is also one that is in poor shape and in need of a lot of work before it becomes inhabitable or useable. A distressed property that has been repossessed by the bank or lender usually tries to sell it as quickly as possible without taking a huge loss. As Moshe Manoah knows, buying distressed properties are a tremendous opportunity for both buyers and investors. Crown Holdings Group specializes in distressed and devalued properties in three asset classes: residential lots, apartments, and community shopping centers. Moshe Manoah formed three affiliates of Crown to manage these assets. Duke Homes Inc is for residential properties, Marquis Investments LLC is for apartments, and Monarch Investment Group is for retail properties. Moshe Manoah got his start in construction and real estate when he was still in his early twenties. He co-founded NRI Construction, a large commercial contractor, and grew it into a company with more than two hundred fifty million dollars in revenues. He ran the company for more than fifteen years before selling it in 2008. In 2009 he co-founded Crown Holdings Group with his partner Blair Schlossberg. Together they had already completed numerous condominium conversion projects, and with Crown Holdings Group it has only gotten better. "We invest in devalued real estate and re-development projects that provide the opportunity to create and capture value," he says. "Our focus is on distressed real estate opportunities in the Southeast United States. Current economic conditions – high equity prices, low interest rates and devalued real estate values – continue to validate the opportunity that exists for an experienced, motivated and focused play in real estate." Crown Holdings Group, says Moshe Manoah, is committed to providing returns to its investors through the acquisition, improvement, management and growth of a portfolio of select real estate investments. He and his partners are committed to transparency with Crown, and have assembled a team of seasoned individuals who provide full access to the company's relevant financial data through off site password protected logins. To get more information about visit at https://www.smore.com/60w9z-moshe-manoah


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