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(MoneyNewsWire.Net, December 30, 2014 ) Preston Byrd's Ploutus Fund, a Memphis-based real estate investment program management firm, has recently announced that the company has reached a brand-new agreement with TransAtlantic Capital Corp., providing for the company to become a partner and manager of TransAtlantic's newly formed multi family housing division. Mr. Byrd, a real estate developer, has built up Ploutus Fund's reputation as a professional real estate management and development company, and it is this reputation that has brought about the new agreement. "We are elated to be able to release this very exciting news just before the close of the year," said a spokesman for the company.
"Having a partner like transatlantic brings a tremendous amount of credibility and assets to bear for real estate developer Byrd. The signing of this new agreement is the culmination of months of work in building a relationship with this new partner. Our plans going forth will be expounded upon in subsequent press releases, and 2015 promises to be a very interesting year for real estate development." Most industry professionals agree with the company spokesman, citing increases in real estate values since the nation's economic recovery has begun. Property values have continued to rise over recent months and years, and the economy seems to be gaining its footing once again.
"As a real estate developer, we're looking forward to being able to provide you quality housing for hundreds of families in the coming months," added the spokesman. "Having reached the level of units under management that we currently have, we can now extend our successful formula into establishing hundreds of new units throughout the Southeast."
About Ploutus:
Ploutos provides innovative alternative investment opportunities by leveraging decades of investment program development, management, performance, and distribution experience that has resulted in these accomplishments and company attributes. Since the company’s inception, Ploutos has launched investment programs with assets across the US into several multifamily housing asset classes. Preston oversees operation in the areas of property development, property management, construction management and real estate investments. Our executive team has successfully managed operations in each of these sectors for over 30 years and has created a culture of excellence for each of the Ploutos branded businesses that has positioned us as leaders in the real estate industry. Through innovative solutions and strategic planning, Ploutos continues to advance the bar in the real estate industry.
About Preston Byrd:
Preston believes that the goal of strategy is to enable yourself to consistently make core directional choices that will best move your business toward your desired future. With his diverse experience, he is now able to counsel other entrepreneurs, bringing a fresh perspective to start-up and growing companies in a wide variety of industries. http://about.me/prestonbyrd
Community involvement has been at the heart of the businesses Preston has built. He gives back, and encourages future leaders and new business owners to do the same. Real estate developer Byrd speaks, consults, and mentors on the topics of entrepreneurship and leadership. Connect with him to learn more. http://www.yelp.com/biz/preston-byrd-collierville
Preston Byrd 2
Janet Smith
877-886-8470
info@horizoncompanies.cc
Source: EmailWire.Com 
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