PreReal Prendamano Real Estate, a New York-based real estate brokerage firm has launched subsidiary PreReal Investments, to provide a one-stop shop for investors seeking to capitalize on real estate opportunities. The company is offering residential, commercial and raw land investment opportunities throughout the Southwest, focusing its attention on opportunities in New Mexico. PreReal Investments has set up its headquarters in New Mexico.
The largest portfolio of opportunities is in Sierra County, New Mexico, home to Spaceport America where Richard Branson’s Virgin Galactic provides flights into space; Elephant Butte, the largest lake in New Mexico and Truth or Consequences, which features natural hot springs/healing waters that people have visited for centuries. The region has more than 1.5 million visitors every year.
Led by Founder and CEOs James Prendamano and David Berman with more than 50 years of real estate experience, PreReal Investments has launched a website — prerealinvestments.com — which highlights current inventory, investment opportunities and a fully interactive investment submission portal.
Whether seeking new developments or value-add properties, PreReal Investments leverages its industry expertise and a proven track record of success to guide investors toward profitable opportunities. Their team of experienced professionals bring knowledge in various real estate sectors, including retail, office spaces, medical facilities, new construction and residential properties.
PreReal Investments has acquired all assets in its portfolio with its own capital and zero debt financing. This method of capitalizing on opportunities provides investors the security of a debt fund with the upside of an equity fund.
“We have made a career out of staying ahead of the trends. We are focused on sourcing underperforming assets in emerging markets. Our experience allows us to unlock both the seen and unseen value of our real sstate assets,” explained Prendamano.
The diverse portfolio of properties caters to both individual and institutional investors. Investment opportunities include raw land for residential and commercial construction, residential real estate from starter homes to luxury homes, commercial properties and residential and commercial rental properties.
