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  • Harold Willig

SpringView Realizes Gains in Memphis Portfolio

We are happy to announce that in December 2019, SpringView Investments, (SpringView Investments TN I LLC) sold another of its Memphis, Tennessee homes, and now has six remaining homes from the original 19 homes it purchased in July 2012. The transaction closed on December 16, 2019.

From the inception date to year-end, actual distributions were 125% of the original equity investment; approximately 55% of the distributions have been allocated to return of capital and approximately 45% of the distributions have been allocated to profit. This equates to a 9.00% annualized return. We anticipate that this investment will be fully realized in 2020.

Mr. Willig engages and coordinates a professional team of real estate brokers, general contractors, leasing agents, and property managers in order to rehabilitate, lease and maintain the properties he acquires for SpringView Investments. He is also the Fund's Manager and has most recently served as CFO to HFZ Capital Group, where he was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

Read on HERE

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