Scott Rosenberg

The Opportunity

There presently exists a landmark opportunity to invest in distressed real estate in the Los Angeles, California area. The current economic downturn and the affects of the the sub-prime lending trend have created an enormous surplus of LA foreclosures, both in residential and commercial properties. Currently, there have been over 90,000 home foreclosures in Los Angeles county. In addition, a total of 135,000 default notices were sent out in the first three months of the year in the state of California, a jump of 80% from the previous quarter, a direct indicator that we are about to experience an even larger availability of distressed Another key indicator of the tremendous opportunity at hand is in the median home price trends for Southern California. The median home price in Southern California has been stable for three straight months while sales have been increasing. The Federal Housing Finance Agency reported that home prices nationwide rose a seasonally adjusted 0.7% in February from January, led by gains on the West Coast. These trends make it clear that housing prices have bottomed, and we can begin to expect a gradual, if not rapid, rebound in the market.

The time to act is now. As housing prices recover, and credit becomes more readily available again to consumers, the gains associated with LA foreclosures investing will surely be diminished. However, in the coming months, with an expedient, well managed investment strategy, the pursuit of distressed Los Angeles real estate should prove to be incredibly lucrative.

RH Equities Distressed Real Estate Fund

RH Equities Group was established to take advantage of the current real estate downturn and the historic opportunity to acquire distressed real estate investments at phenomenally low costs in Los Angeles and the surrounding vicinity. Together with our network of partners, we have the ability to place capital in into several different investment options, allowing us to meet the diverse needs of our clients’ objectives.