26th Oct2007

Real Estate Investments

by FaithHouseManhattan

We are looking for individual investors who would like to “do well by doing good”. A key challenge this organization faces is New York City’s high cost of real estate. However, since residential property in Manhattan has historically represented an excellent medium- and long-term investment, a collaborative approach to this hurdle is compelling. Supportive investors can purchase a percentage of a residential apartment, office, or house and benefit from any medium- or long-term appreciation. After a pre-determined time period, the investor(s) will have the option of selling their interest in the property to Faith House or other investors at the then-current market price. (They would be free to sell their interest earlier, but without a Faith House guaranty.) Faith House would be responsible for all recurring expenses such as common charges, maintenance, and real estate taxes. Such a partnership would result in a profitable investment for the supporters and a material reduction in overhead for Faith House.

Should you wish to explore a real estate investment with Faith House please contact investment consultant (and our treasurer) Rod Colburn: ro0ster@aol.com

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