fter launching a global media campaign, Falcon Ridge Development Inc. (OTCBB: FCNR) today announced the initial listing of its new wholly-owned subsidiary Falcon Ridge Realty LLC.Falcon Ridge Dev. focuses its interests on the real estate industry in the U.S. The company acquires land and develops it into residential lots for sale to homebuilders throughout New Mexico. The company offers brokerage services to the general public and to Falcon Ridge home buyers through Falcon Ridge Brokerage LLC.
The company said the addition of Falcon Ridge Realty allows it the ability to offer “one-stop shopping” for consumers in the market for new homes and is expected to generate revenue for Falcon Ridge Dev. while providing better service to new homebuyers and outside clients.
“As a home grown and operated company, the agents at Falcon Ridge Realty understand the challenges that confront home buyers. To respond to this, Falcon Ridge Realty will offer new, efficient and productive ways of attracting buyers and sellers. We look forward to delivering as much quality, service and results as we have done with our homes and communities,” said Fred M. Montano, CEO of Falcon Ridge Dev., in a press release.
Additionally, the company has been busy with another subsidiary, Falcon Ridge Financial LLC. Yesterday the company announced it had contracted with Global Media Fund Inc. to begin a 12-month nationwide media campaign for its finance division. Global Media Fund is expected to provide $2 million of media and marketing dollars for allocation to news and wire services, feature articles, television spots and more.
“We are excited to become a member of Global Media Fund portfolio companies, and having them manage our nationwide media campaign. We believe Global Media Fund’s nationwide newspaper, radio, television and Internet campaigns will increase our brand awareness and generate new business for Falcon Ridge Development,” said the company.
Falcon Ridge Dev. projects include Spanish Trails near Downtown Albuquerque; Eagles Nest in Salem, Oregon, which is in planning phases; and numerous past projects in and around Albuquerque.