PHOENIX, March 21, 2013 (GLOBE NEWSWIRE) -- US real estate industry veteran, Mark Vost, has acquired rights to operate Professionals Invest USA Network from Australia-based Professionals Real Estate Group. The transfer of ownership became finalized in December 2012. Already, Professionals Invest USA Network members have closed a number of transactions for both foreign and domestic investors, most recently with a buyer from Japan, with more deals scheduled to close in the coming weeks.
Additionally, Vost awarded franchising right on March 12, 2013 to Investar USA, a real estate property provider servicing the Phoenix, AZ and Houston, TX markets. Brothers Travis and Ron Cadman, owners of Investar USA, say they selected to align with Professionals Invest USA Network because of "the brand's strong global reputation and the professionalism amongst its property provider network."
Investment property providers, or "members", in the expanding group also include Daniel Butterfield of AZ Investment Property Experts in Phoenix, AZ, Chris Dannenfeldt of Property Partners I in Dallas, TX, Craig Jennings of Buy Memphis Now in Memphis, TN, Jeff Shadrick of Alabama Wealth Builders in Birmingham, AL, and Sean Whalen of BH&R Properties in Cleveland, OH.
Professionals Invest USA Network is a carefully vetted group of real estate investment property providers, offering a turnkey process and resources needed in the lifecycle of an investment decision for key US markets. Such resources include acquiring the proper US tax documents and credentials, legal entity formation, estate planning and opening of bank accounts. The Network launched on March 13, 2012 and the new Franchise Disclosure Document was approved Dec. 20, 2012.
According to Vost, historically favorable factors such as bottom or near bottom market prices, favorable foreign currency values and higher demand for rental properties by new renters, are all driving increased attention to the U.S. market as a source of "unprecedented opportunity for investors." Vost states, "We are committed to supporting real estate investors in building investment capital and economic security."
"Expanding into the U.S. requires feet on the ground and a team with a solid understanding of the niche our property provider network fills for real estate investors," states Glyn Morgan, CEO of Australia-based Professionals Real Estate Group. "With Mark's sphere of influence, real estate knowledge and vision, he's the perfect person to lead Professionals Invest USA Network in the right direction."
Mark Vost formerly held the position as executive vice president of membership and business development for Professionals Global USA. Prior to that, Vost led the complete turnaround of the California region for a global real estate franchisor with 700 franchises in 24 countries. Within two years, the California region experienced a 25 percent increase in real estate agent population, 23 new franchise sales and 100 percent increase in revenue. Understanding the business from the ground up, Vost was also a broker/owner for a top producing real estate brokerage in Florida.
For more information about Professionals Invest USA Network and/or President Mark Vost, visit www.professionalsinvest.com or call 480.374.1260.
About Professionals Invest USA Network
Professionals Invest USA Network is a carefully screened group of real estate investment property providers offering a turnkey process and resources needed in the lifecycle of an investment decision for key US markets. For more information, visit www.professionalsinvest.com.
Professionals Invest USA Network
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Source: Professionals InvestUSANetwork