Assisting the Disadvantaged Through Nonprofit Partnership.

We can assist our fellow Americans

Right here and right now!

About Us

Who are we?

 

                 We are a well-seasoned, professional management team that includes non-practicing lawyers, stock brokers, investment advisors and a former public company president. One of us is a CPA and another is an investment banker who formerly owned his own trading firm. We have built companies, both public and private. As this venture involves real estate, one of us has operated a real estate management company that was responsible for over 5000 rental units.

 

We are building a $50 million portfolio that we intend to combine with a REIT or take public.

 

What do we do?

 

                 We purchase and manage rental real estate properties in the Greater Tampa Bay Florida area. These properties are typically mobile home parks and apartment buildings. Our expansion plans are statewide, regional and national. We seek opportunities in the $20,000 to $40,000 per rental space price range for an affordable housing program to house the tenants of our nonprofit associates.

 

What is unique or interesting about us?

 

                 Property cash flow can exceed 20% of normal because we have an unlimited supply of tenants that are waiting for housing.

 

In many cases, the tenants are subsidized by various government and private programs. The rental income is usually guaranteed by the nonprofit service provider, which reduces our risk of economic loss.

 

Where do we get these tenants?

 

We coordinate with nonprofit organizations that represent disadvantaged populations. They include elderly people that need assistance, but who do not yet require a full assisted living facility. We also offer housing programs for health related tenants such as HIV and AIDS patients that require specific care. We offer housing for veterans, drug and alcohol rehab participants and the stable duel diagnosed/bi-polar disordered.

 

 

American Community Development Corporation