Company Summary
ParCap, LLC serves as Jeff Carlson’s operating entity and asset manager. ParCap formed a strategic alliance with a substantial real estate hedge fund and Carlson has a stable of well known local investors.
ParCap typically contracts with homebuilders when they decide to “mothball” underperforming subdivisions and financial institutions that need to dispose of real estate owned (REO) or non-performing notes secured by real estate.
ParCap and its affiliates closed 100% of their escrows (11) during the past year, placing approximately $24 million towards finished and partially finished residential lots and homes. Starting in 2009, ParCap will begin its search for distressed commercial and income producing opportunities. |
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Last Updated on Thursday, 18 June 2009 18:45 |
