LIG Assets – Providing Funding and Strategic Financing Alternatives for Commercial and Residential Real Estate Projects – Formation of “Strategic Alliance”
LIG Assets, Inc. is a provider of funding and strategic financing alternatives for commercial and residential real estate projects. The Company focuses primarily on income-producing properties in commercial and residential real estate, whose cash flow and operating leverage contribute to the overall value of the entire LIG Assets enterprise. Properties currently generating cash flow for LIG Assets include nearly 300 residential properties throughout Texas and an office building.
In December 2012, LIG Assets formed what it calls a “Strategic Alliance” with Texas Real Estate Hedge Fund, LP, MMR Realty Advisors, and InterContinental Real Estate Partners that is focused on commercial properties including multifamily, retail, hotel, casino, and office with valuations between $3 million and $100 million. Victor F. Russell, Managing Director of Texas Real Estate Hedge Fund, is considered to be an expert in the commercial real estate market.
In early 2013, The Strategic Alliance completed its initial transaction with Terry’s Supermarket and plans to help the grocery chain open a total of 10 locations for its new premium concept. A 20-year lease was signed for the first location, and additional potential locations have been identified. The Strategic Alliance continues to view that anticipated profit from turnover and/or leases is significant, and the opportunities to take positions in distressed and special situations are fantastic.
LIG Assets recently announced that it is partnering with one of the most respected consulting groups in gaming throughout the world, The Gillmann Group, LLC. This relationship was forged through introductions from the Strategic Alliance. The Gillmann Group, LLC is an expert in casino operational management, technical management, financial management and project management. Their experience has contributed to some of the largest gaming companies in the world including IGT, Harrah’s, Sheraton, Crown Casino and Jackpot Enterprises.
Today, LIG Assets, Inc. is poised to generate significant cash flow and net income from current and future properties and transactions, thus substantially increasing shareholder value from current levels.