LOS ANGELES, CA – Jan 19, 2016 – Cambridge Companies, LLC is a highly respected land development, commercial real-estate investment and finance company with more than 55 years’ experience. “Cambridge Companies, LLC is pleased to provide entitlement and value-add expertise which will bring quality multi-family inventory to market, create employment opportunities for our community and utilize sustainable land use and building practices,” says Filipp Chebotarev, Chief Operating Officer at Cambridge Companies. Chebotarev adds: “The partnership parameters are equity multiple driven and target outstanding risk-adjusted returns for our capital partners.”
“In 2016 Las Vegas is poised for an official economic awakening,” says Cambridge Companies Vice-President / Polina Chebotareva. Southern Nevada leads the nation in job creation and economic diversification. Faraday Future Inc. announced early December 2015 a $1 Billion dollar investment in a North Las Vegas manufacturing site that will produce a luxury electric car to compete with Tesla. This is the largest of many new industrial users who are bringing much needed jobs and economic activity to the Las Vegas metro region. “The Faraday deal employment impact is projected to bring 4,500 direct and 9,000 indirect jobs to the region.” (WSJ Dec 9th 2015)
“We’re pleased to work with Sabra Real Estate Equity. We share common values, heritage and investment principals.”
– Michael Bash, Cambridge Companies Founder and Investor.
“Sabra will provide equity towards accretive development projects in the Las Vegas market. The Cambridge Companies, LLC team is a lean and mean investment machine and have demonstrated their ability to make phenomenal investments time and time again,” said Joseph Zilberman, Managing Partner at Sabra.
Cambridge Companies YMY SPV LLC aims to achieve capitalization of up to $50 million dollars (USD) in a 3 year term. Sabra will provide equity towards risk-adjusted high yield development projects in a 90/10 structure. Cambridge Companies, LLC shall provide entitled land assets, equity, management and development expertise. The fund is being managed by Joseph Zilberman in Israel and Filipp Chebotarev in the U.S.
Sabra Real Estate is a privately-held real estate investment company. The firm advises on and invests alongside high net worth and institutional clients across a broad spectrum of real estate asset classes including development and joint ventures.
Cambridge Companies, LLC is a buyer of quality land assets and value-add commercial real estate in the Las Vegas Market and submarkets. The company has a rich 55 year history and has been operating in Las Vegas, NV for 20 years. Our strategy is to acquire quality real estate assets in highly desirable areas, add value through cost effective and administrative measures then sell or joint venture develop with partners for a profit.
More information on Cambridge Companies can be found on their website here.
Contact – Cambridge Companies /Filipp Chebotarev info@CambridgeCompanies.us / (888) 615-6166
Full News Story: https://pressreleasejet.com/newsreleases/2016/cambridge-companies-llc-in-las-vegas-nv-and-sabra-real-estate-equity-in-jerusalem-israel-announce-fund-formation-for-multifamily-and-mixeduse-development-in-the-las-vegas-market/
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Company Name: Cambridge Companies LLC
Contact Person: Filipp Chebotarev
Phone: (949) 584-3276
Country: United States