A Real Estate Investment company pursuing distressed properties in the metro Atlanta areaMTL Capital Group seeks to exploit the current and ongoing correction in the real estate market by acquiring distressed residential and commercial real estate developments as well as development opportunities. Additionally, we will leverage significantly reduced commodity and labor costs as part of the investment strategy. While the fund will target commercial and residential opportunities, the predominant focus will remain on multi-family residential developments. We estimate there is a current shortfall of millions of homes in key urban areas. Demand is expected to skyrocket in coming years as millions migrate from rural areas to urban areas. We believe the economy will feel pressure through 2009, the fund manager expects growth will begin to recover in 2010 as the economy shifts from an export-driven model to a more balanced consumption-based model. This recovery and realignment will be driven in part by a massive government stimulus package as well as other fiscal-stimulus initiatives. We project it will achieve significant returns by building a portfolio of partially completed developments as well as development opportunities during the next 12 months to 18 months and bringing completed projects to the market on time for the beginning of the economic upswing. |
|

