Black Mountain Group – gets unanimous approval by city council for its Crossroads Village Center CDD
Black Mountain Group’s (BMG) community development district was approved unanimously by city council last week.
BMG announces its formation of Crossroads Village Center community district in Haines City. District will provide financing for up to 65M dollars in tax exempt bond financing for all public area infrastructure, amenities, public parking garage etc. District will also manage and maintain all infrastructure in future.
Dan Harper was elected as its first Chairman and Syed Raza as Vice Chairman in addition three board members were also elected.
District also held its first public meeting on November 10th and passed its annual budget and various resolutions to engage professionals and managers for the district.
Black Mountain Group is a real estate development company that provides asset-backed investment opportunities to its investors, partners and lenders. BMG’s management team has decades of real estate investment experience in successfully developing, turning around and managing real estate assets through peaks and valleys (downturns and recessions) of our economy and is constantly monitoring development trends and hot spots.
Gain access to private-market commercial, multifamily and single family portfolios, industrial real estate assets at lower minimums. BMGs partner investing platform for accredited investors.
Black Mountain Group’s platform connects commercial and residential multifamily real estate investors looking for a lower barrier of entry to investments in exclusive, private-market CRE investment opportunities including Tax-Advantaged real estate offerings like Opportunity Zones and 1031 Exchanges. Our focus is the preservation of investor capital, long term growth and cash flow, as well as rigorous in-house underwriting, origination, due diligence, and asset management for the lifetime of the investment.
Given our deep knowledge of areas we operate, build and develop and our strong relationships with developer partners, construction managers, GC’s, government agencies gives us the edge over other fund managers.
Due to recent volatility and uncertainty surrounding the public markets, many investors are turning to investments that may provide more stable returns. Real Estate in general has historically been an asset type that is able to weather economic downturns, especially in locations with a constant demand for housing in mature submarkets.
BMG’s vision is to have a positive impact on quality of life for everyone we come in contact with and by enhancing life sustaining products.
We provide outstanding & secure investment opportunities to our investors, partners and lenders. Make investment process as easy as possible through current technology and transparency. Be an equal opportunity provider to new investors and seasoned investors.
Be a part of this project by investing with BMG – Black Mountain Group real estate development: