NetworkNewsBreaks – Mountain Top Properties Inc.
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Posted On: 02/20/2024 4:45:13 PM
NetworkNewsBreaks – Mountain Top Properties Inc. (MTPP) Capitalizing on ‘Massive, Growing Opportunity’ in PropTech Space
Mountain Top Properties (OTC: MTPP), a diversified real estate holding company, secured debt capital commitments covering 70% of the acquisition and 100% of the construction costs for its Hamptons development projects. “MTPP recently partnered with On-Site Builder Construction Co. Inc. to acquire and develop projects in the Hamptons… Through its subsidiary Mountain Top Capital Fund I, MTPP aims to raise $75 million to renovate and remarket properties in the Hamptons, using $10 million to explore additional opportunities in the area. The estimated target return for each investment is 20-30% with an anticipated timeline of 15-18 months for each transaction. MTPP has additionally filed a Regulation A offering to raise up to $10 million through the issuance of common stock… Mountain Top Properties diversifies its portfolio through investments in property technology (‘PropTech’) and acquiring mixed-use real estate in the tri-state area,” a recent article reads. “This company is really focused on two main sectors, which are real estate/real property development and property technology,” said MTPP CEO Beau Kelley. “We see that the property technology side of things is really a massive, growing opportunity to be able to expedite finance and payment methods and shipping routes, and so many things we can help out from a logistics standpoint.”
NOTE TO INVESTORS: The latest news and updates relating to MTPP are available in the company’s newsroom at https://nnw.fm/MTPP
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Mountain Top Properties (OTC: MTPP), a diversified real estate holding company, secured debt capital commitments covering 70% of the acquisition and 100% of the construction costs for its Hamptons development projects. “MTPP recently partnered with On-Site Builder Construction Co. Inc. to acquire and develop projects in the Hamptons… Through its subsidiary Mountain Top Capital Fund I, MTPP aims to raise $75 million to renovate and remarket properties in the Hamptons, using $10 million to explore additional opportunities in the area. The estimated target return for each investment is 20-30% with an anticipated timeline of 15-18 months for each transaction. MTPP has additionally filed a Regulation A offering to raise up to $10 million through the issuance of common stock… Mountain Top Properties diversifies its portfolio through investments in property technology (‘PropTech’) and acquiring mixed-use real estate in the tri-state area,” a recent article reads. “This company is really focused on two main sectors, which are real estate/real property development and property technology,” said MTPP CEO Beau Kelley. “We see that the property technology side of things is really a massive, growing opportunity to be able to expedite finance and payment methods and shipping routes, and so many things we can help out from a logistics standpoint.”
NOTE TO INVESTORS: The latest news and updates relating to MTPP are available in the company’s newsroom at https://nnw.fm/MTPP
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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