Today the Tacoma, Washington based real estate development company, Cascadia Investments, issued a statement to its shareholders outlining the company’s future objectives. The company is committed to building shareholder value by investing in well selected real estate assets and pro-actively managing each of the properties to increase cash flows and maximize return on capital.
In the last year (2007), the company has completed over 2.7 million dollars worth of real estate transactions. This includes 11 properties with 21 rental units located in Seattle and Tacoma, WA. The President and CEO, Nazir Maherali, stated, “The last year was a good year for the company and we hope to not only double the size of our portfolio but to exceed it by 20% in 2008, thereby growing our asset base, boost revenues and increase shareholder value.”
Cascadian Investments is a publicly traded real estate company. They focus on selecting high-quality multi-family and residential properties in and around the Pacific Northwest and managing them to provide a superior return rate. These properties are often financially strained properties and are priced at a discount. They are experienced with producing a high rental income by buying, renovating, and then selling or holding real estate, depending on the current market.
In their ten years of operation they have developed an extensive network of real estate contacts in the Pacific Northwest market, mainly focused on Seattle and Tacoma, WA. Several of their properties can be viewed on their website and are available for immediate rental or purchase. Further questions and details about future investments and opportunities can be answered via email to info@cascadeinvestmentsinc.com.
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