(OPENPRESS) Dec. 8, 2006 -- Ft.Lauderdale, FL -- Real estate has taken a down-turn, but through an innovative process BridgePoint Ventures, LLC has created a way for both real estate developers and real estate purchasers to mitigate the risk in a challenging marketplace."Unfortunately, real estate does not avoid supply and demand laws, and many will be hurt as a result of this downturn -- specifically the world of new development," explained Eric Jafari of BridgePoint Ventures, LLC."
A group of some of the nation's most successful real estate purchasers, CEOs and entrepreneurs have collaborated to develop an opportunity to capitalize on the softening of the market. By providing new development projects with the provisions needed to endure the current market softening, BridgePoint is able to provide its financial partners with potential double-digit profits without ever having their capital accessed by the developer," said Jafari.
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