May 19, 2005

Crestridge Investments to Bring Venture Capital to Real Estate and Strategic Businesses in Latino Communities

Category: Uncategorized – Author: admin – 3:02 am

LOS ANGELES-Crestridge Investments, LLC, as part of its program to provide venture capital to real estate operators and strategic enterprises, is actively pursuing investment opportunities with developers and businesses in Latino communities."Latino communities are ripe for venture investment and development as many have been overlooked by larger companies and real estate developers," observes Christopher Grey, managing director of Crestridge. "We are interested in providing capital to emerging real estate developers active in Latino markets as well as strategic businesses for this community such as grocery stores, restaurants and retailers." Earlier this year Crestridge launched its strategic venture capital program for real estate operators and related businesses. Its first investment was in American MoldGuard, a national leader in antimicrobial technology and mold prevention."Our investment decisions are based on an analysis of the company’s management, its track record, business model and market potential," added Grey. "We believe that there is tremendous market potential in Latino communities." Crestridge Investments is an affiliate of international real estate investment and development firm Highridge Partners. Crestridge Investments, LLC is a privately held investment company that provides strategic capital for real estate projects and operating companies. Crestridge and its affiliates have invested in more than $1 billion of real estate and operating companies during the past decade. Highridge Partners acquired, developed or financed a real estate portfolio valued at more than $6 billion over two decades.

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