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CRYSTAL PROPERTIES HOLDINGS, INC. Stock Symbol :: CPHG |
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CRYSTAL PROPERTIES HOLDINGS, INC. (CPHG) Chrystal Properties Holdings, Inc. aggressively purchases, sells, develops and brokers discounted real estate including portfolios from individual investors, financial institutions, developers and banks. | |||||||||||
Crystal Properties Holdings, Inc. 1880 E. Warm Springs Road #140 Las Vegas, NV 89119 Phone: 866-684-1117 Fax: 714-242-9796 http://www.crystalhg.com |
The primary goal is to purchase a minimum of one hundred million dollars of property and undervalued developments throughout 2008 and the beginning part of 2009 at fifty cents on the dollar. Similar Companies in Sector · Brookfield Properties Corporation (Brookfield Properties) is a North American commercial real estate company. The Company operates in two principal business segments: the ownership, development and management of commercial office properties in select cities in North America, and the development of residential land. NASD:BPO Recent Price $8.55 · Thomas Properties Group, Inc. (Thomas Properties Group) is a real estate company that owns, acquires, develops and manages office, as well as mixed-use and residential properties. As of December 31, 2008, the Company owned interests in and asset manage 26 operating properties with 13.2 million rentable square feet and provide asset and/or property management services on behalf of third parties NASD:TPGI Recent Price $1.66 |
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Crystal Signs Agreement and Partners up With Union Trades Department AFL-CIO Crystal Properties Holding, Inc. signed a Construction Project Labor Agreement (PLA) for the future ROCKFORD RIVER DISTRICT DOWNTOWN REVITALIZATION program in Rockford, Illinois (Winnebago County) with the Craft Local Unions Affiliated with the Building & Construction Trades Department AFL-CIO. In an interview with RWG, The Union President and Business Representative and Organizer, Brad Long and International Union of North America Business Manger, Tom DalSanto of Local #32 - A.F.L. / C.I.O., stated, "The union trades are exited to be involved with Crystal Properties Holdings, Inc." |
Crystal Properties Holdings, Inc. Signs Agreement With Environmental and Military Contractor Crystal Properties Holdings, Inc. (PINKSHEETS: CPHG) has signed an agreement with an environmental risk and minimization contractor to address present and future real estate acquisitions. The environmental risk agreement with private and military consultant and contractor Robinson Brothers Environmental, Inc. will assist CPHG in evaluating general acquisition risks and more importantly environmental risks, impacts and conditions with impaired commercial and industrial projects |
| Company Overview |
Chyrstal Propertiesi Technology, Inc. (OTC.PK: CPHG) Crystal Properties Holdings Inc. is focused on aggressively purchasing, selling and brokering discounted real estate, real estate portfolios and underdeveloped properties from individual investors, financial institutions, developers and banks. The acquisition by Crystal Properties Holdings Inc. of deeply discounted, partially completed developments, undervalued real estate and bankrupt projects will continue to be a focus for 2009 and a good source for cash flow and profits. Crystal Properties Holdings Inc has many direct discount property sources that we have purchased from in the past and will continue to purchase from in the future.More recently and as funding and revenues continue to come in, Crystal Properties Holdings Inc will begin to shift more into the purchase and resale for the benefit of the company and shareholders and move away from brokering and assisting our individual cash buyers. Most purchases will be for huge discounts, involving heavy rehabilitation work and will have the ability to produce immediate positive cash flows and have the option to be immediately resold for a profit. We scrutinize every investment and will continuously pass on largely discounted properties if there are negative cash flows and complicated or no exit strategies. The Company is prepared to purchase, sell and or broker real estate portfolios, undervalued properties and foreclosed real estate projects for either a quick resale, a medium holding period or long term investment.
Crystal Properties Holdings Inc. is a public real estate acquisition company specializing in the bulk purchase of undervalued properties and real estate projects. Additionally, specialized marketing technologies and techniques have become a major focus as the company strives to be the most resourceful and creative in the development and procurement of consistent marketing channels. These channels are the foundation for facilitating regular and consistent acquisitions of undervalued real estate in any market type.These marketing channels promise to be a significant source of revenues in 2009 and for many years to come. Crystal Properties Holdings Inc. anticipates holding its portfolio of properties for a medium to long term period on most acquisitions purchased throughout 2008 and 2009. It is anticipated that the significant amount of properties will be held and not resold untilthe market recovers. Additionally, a significant amount of properties shall be resold when properties have been purchased in bulk. Properties producing consistently, above average cash flows and a above average appreciation forecast will beanalyzed on an individual basis and may be held for longer term depending on the companies current cash flow position. The Officers and Board Members have been independently and successfully operating their own construction, real estate and property management companies for the last decade. Crystal Properties and Investments Inc., has handled almost every aspect of real estate design, construction, purchase and sales process. The Board of Directors has unified with the common goal of seeking out the highest levels of success. The combined efforts of many separate skills in a variety of complimentary fields shall help produce a far greater achievement when united togetherfor a common goal.
Now is the time for Crystal Properties to invest and expand for the mutual benefit of Crystal Properties Holdings Inc., it’s customers and investors. The primary goal is to purchase a minimum of one hundred million dollars of property and undervalued developments throughout 2008 and the beginning part of 2009 at fifty cents on the dollar. Crystal Properties and Investments Inc., has used many strategies for acquisitions including but not limited to pre-foreclosure purchases, short sale purchases, fix and flip properties, auctions and trust deed sales and bulk purchases. Crystal Properties Holdings Inc., manages acquisitions, development projects and management of a soon to be enormous portfolio of real estate holdings. 1.2 M ISSION STATEMENT
The mortgage crisis and current turmoil of the Las Vegas and domestic real estate market has created a unique purchasing opportunity. It is extremely rare that one will have the ability to purchase property thirty to sixty percent below recent market purchases. There are several factors contributing to this unique opportunity and crisis. Some factors contributing to this crisis are: A. The high degree of difficulty for the average individual to get financed. B. The increased number of adjustable mortgage payments which are not affordable. C. The negative publicity associated with the decreases in overall property values. D. The number of mortgage companies which have recently went out of business. E. The amount of developers whom are liquidating projects at deep discounts in order to meet immediate cash requirements. Never has this type of opportunity presented itself with such magnitude as it has in 2008 and 2009. The peak of the mortgage crisis is almost here according to statistical reports generated by Crystal Properties and Investments Inc. Moody’s and the Mortgage Banker Association! C rystal Properties Holdings Inc., is here to capture and capitalize by using this opportunity and benefiting from the temporary loss in real estate values. It has been Crystal Properties experiences and prior business dealings which have opened the doors to so many opportunities. Crystal Properties Holdings Inc., has the knowledge and experience to make the right purchase, on the right properties and at the right price. Although the deals are plentiful, the majority of real estate investments are not so appealing to the keen and astute investor. It is the insight acquired from over thirty years of combined experience purchasing, selling, building, managing and rehabbing properties, that makes this opportunity a conservative investment. The probability ofappreciation is likely and statistically more likely than not. The probability of further decreases in value is unlikely in the lower price ranges.
To establish a profitable network of technologically advanced real estate offices which regularly procure undervalued properties, raw land, commercial projects and residential projects to Crystal Properties Holdings Inc., Crystal Properties Holdings Inc. is committed to the purchase of undervalued properties and continuation of past marketing success through the exploration of new and innovative processes designed to support the companies key objectives.
Crystal Properties and Investments Inc., has focused on facilitating undervalued properties and projects to their Investment clients. Over the past twenty four months, Crystal Properties has focused a good portion of time and efforts on advanced website technologies for prospect and lead generation. This shift and new focus is planned to be the foundation of a network of Crystal Properties Holdings Inc., shares and or sells its technologies at a discounted price in return for“branch offices” written obligation to continue to procure undervalued real estate and projects. Crystal Properties Holdings Inc., is seeking the “first right of refusal” on all development land and or undervalued properties for years to come and with as many people and “branch offices” as possible. The website http://cpi-homes.com is one of the most content rich websites and most technology advanced websites. It currently contains a silo of properties which include most new construction, existing multiple listing properties, Hi Rise Condos, Golf Course Properties, No Qualify Properties and soon to be added Fractional Ownership Properties. While searching properties, client page views and actions are discretely tracked. We log and create a history for each clients search behavior which include items like areas searched, zip codes searched, time spent on pages and types of properties viewed. At times our marketing has produced in excess of 10,000 visitors and over a hundred serious prospects in a given month. It is this exact website technology that is going to be replicated in other states to produce leads for sales and or distribution to Crystal Properties “branch offices”on a fee basis. Our proprietary database along with our systems of compiling information, allows Crystal Properties to continuously produce a list of insightful, statistical reports. These reports allow Crystal Properties to stay ahead of trends, monitor key indicators and ultimately forecast the local market. Our database and reports are compiled from information gathered from several vendors including but not limited to the local Association of Realtors, SalesTraq, AARP, Moody’s and The Us Census Bureau. Our database and commitment to gathering, monitoring, forecasting and analyzing data will assure Crystal Properties continued success and maintenance of all current and future growth strategies.
Crystal Properties Holdings Inc., building and development division is currently working with Gigacrete Industries Inc. http://gigacrete.com and has entered into an agreement to use their light weight concretes and steel construction system on our next development. The system provides an increase in overall building strength, significantly reduced construction times and most importantly the reduction of overall costs by more than 30% over conventional building techniques. Management Peter V. Anello, President
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