Business Briefs - March 9, 2017
DI RESIDENT LAUNCHES NEW REAL ESTATE INVESTMENT FIRM
Urban Core Advisors LLC, a new real estate investment firm, has launched in Charleston with the mission of providing clients access to a sophisticated real estate investment platform that helps them build wealth and financial independence.
According to Daniel Island resident Gary White, the company’s president and chief investment strategist, “A real estate syndication is an effective way for individual investors to combine their financial and intellectual resources to invest in properties or projects much larger than they could manage or afford on their own.”
Real estate syndications have been around for many years but almost exclusively operated at the institutional investor level.
“We have adapted the traditional syndication model to provide a similar platform at the individual investor level,” stated White, who is also a Charleston City Councilman. The company’s process provides accredited investors access to fully vetted turnkey real estate investment opportunities. The firm’s investment team identifies, analyzes, acquires and manages the real estate investments. The company has further refined the traditional syndication model by allowing accredited investors from across the country access to its investment opportunities via their crowdfunding web platform.
White noted that as a native Charlestonian, he has watched Charleston go through several growth cycles. “The exponential economic growth that we are currently experiencing represents the most significant economic growth cycle the area has experienced in my lifetime,” he said. “In the world of economic development, most communities hope to be able to hit a ‘home run’ like Boeing once every 25 years. Charleston has hit three ‘home-runs’ in the last six years with Boeing, Daimler and Volvo. We have only scratched the surface of the collective economic impact these companies will have on our community.”
The region now boasts a very robust manufacturing industry, a thriving knowledge based economy, a world class tourism industry and a rapidly growing Port that soon will have the deepest harbor on the East Coast, added White. “This collection of economic engines gives the Charleston region one of the most sustainable platforms for growth of anywhere in the Southeast,” he continued. “When you then add to that the tremendous impact from the small businesses that support the functions of all these industries, I believe we are entering one of the most prosperous times the Charleston region has seen in 100 years.”
BUCETI JOINS ISLAND PARK PROPERTIES TEAM
Holly Buceti has officially joined Chad and Angie Johnson at Island Park Properties, after what she described as “several wonderful years” with the Prestige Real Estate Team. Holly and her husband, Paul, moved to Daniel Island in 2000 and now have three children. After starting her family, Holly halted her nursing career to pursue real estate. Holly and Paul have been investing in the Charleston real estate market for 20 years so the transition made sense for them. Holly has over 10 years of real estate experience and she is consistently recognized as a top producer in the Charleston market. Last year, Holly closed $15,000,000 in real estate sales and contributes her success to hard work and always focusing on integrity and honesty. She considers herself a full-service agent and is committed to going above and beyond for her clients. She also provides property management and investment property services for her clientele.
“I’m very excited about my future with Island Park Properties,” said Holly. “Chad and Angie share my values in both work and life...this makes for a great team!
For more information on Island Park Properties, visit www.islandparkproperties.com.