ELPIS Group has recently announced that Alon Solomon has joined the company as a Senior Partner. Many know ELPIS Capital as one of the top venture equity funds currently focused on the real estate market. ELPIS Capital provides funds to borrowers who wish to seize upon short term windows of opportunity within the real estate market. Borrowers identify opportunities within the market that are certain to yield positive results, and put their proposal before ELPIS Group. The company analyzes the proposals, and sanctions loans to these customers. If the project is successful, the company stands to gain a significant profit.
And with Alon Solomon on board, ELPIS’ profits are likely to soar. Alon Solomon is one of the few real estate entrepreneurs whobraved the real estate crisis of 2007, and even managed to turn it in to a profit. In the years leading up to 2012, Alon Solomon identified opportunities in the crashing real estate market, often acquiring bankrupt developmental and construction projects that had been abandoned by the developers. He restructured those REO assets and negotiated deals with lenders. By the end of 2012, most of the REO assets that he had acquired had been sold, yielding major profits.
His experience in the real estate market makes him the perfect candidate as Senior Partner of ELPIS Group. ELPIS Group is likely to benefit from his unique skill set and entrepreneurial mindset. Alon Solomon has had experience with negotiating and financing hundreds of real estate deals, and with his eye for identifying potential opportunities, he can help ELPIS make even better real estate investment decisions. With the company’s capital and Alon’s positive experience and approach, ELPIS Group is likely to remain in the black for a long time to come.