(MoneyNewsWire.Net, December 30, 2014 ) Preston Byrd's Ploutus Fund, a real estate investment program management firm, recently announced information on the company's plans to expand its investment areas into Texas and Indiana. Now on the heels of that announcement comes the news that the company is planning to also expand its reach into the Southeast with investments in Georgia and in Florida.
"We are happy to announce that our plans for investment throughout the year 2015 will now include the states of Georgia and Florida," said a spokesman for the company. "These two states have exhibited a special kind of resilience when it comes to the overall real estate market and maintaining valuations - even throughout economic hardships. The areas have endured and come out very well."
"As a company that has traditionally handled property investments in Memphis, we are now standing at the door of great opportunities in a number of areas around the country. Our investments in Georgia and Florida will be primarily in the area of multifamily housing, but we may reach out into some commercial real estate development as well. As a real estate developer, Preston brings a well-rounded package to our investment strategy; Byrd is a community developer who makes a difference in the areas where we invest."
The company did not specify details on any targeted cities within the two states where they are planning to invest, but did hint that they will be focusing on highly-populated metropolitan areas.
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. https://twitter.com/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. https://www.tumblr.com/search/preston%20byrd
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Janet Smith
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Source: EmailWire.Com
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