Two well respected Maryland based real estate related firms are about to join forces. The affordable housing market in the state and beyond will benefit.
There’s no shortage of neglected low-income housing on the east coast. One firm that has made it their mission to purchase and then transform these homes into something special, while still keeping them within reach of the community, is Future RE Capital Management. In exciting news from the thriving company, Future RE Capital Management recently announced they have reached an agreement and are acquiring and merging with a fellow Baltimore firm Realty Park Management. This is expected to be a true win, with the new team complimenting each other and deeply experienced.
“This made sense all around,” commented a spokesperson from Futre RE Capital Management. “We think this is a great way to continue to build our firm in ways that best serve our ownership, workers, and communities.”
According to the firm, Future RE Capital completed 93 acquisitions in 2021 alone, despite the pandemic. Many of these properties are currently being renovated. This represents over $14,100,000 million in value. 2022 is projected to see these efforts only expand, not just within the state, but in low income communities nationwide.
Future RE Capital Management is a Real Estate Investment Company based in the state of Maryland with target strategies on the East Coast. The company’s management has over a 30-year combined history of owning and operating assets with a focus on property, short term financing and private equity.
The company has a range of public and private investment products and services, which leverage its expertise and experience and provide the company with a competitive advantage in affordable housing markets and opportunity zones in low-income to middle-income real estate markets.
For more information on the company, contact us.