Winchester Holding Group Lists on the Over the Counter Market
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 03/05/13 -- Winchester Holding Group (OTCQB: WCHS), a real estate management and development company, has completed a successful listing of its company on the Over the Counter Bulletin Board Market.
Founded in 2011, Mr. Thomas O'Connor saw an opportunity to provide Real Estate Management and Development services to capitalize on the Government's funding of HUD properties and Chicago Housing Authority's programs.
Mr. O'Connor commented, "Our listing in the Capital Markets will help us develop a niche as a provider of capital and management skills to the Housing Choice Voucher (HCV) program that is funded by the federal government and administered by the Chicago Housing Authority. Because of our experience with the Chicago Housing Authority Section 8 HCV Program, we believe that we can capitalize on the opportunities that are presenting themselves on a weekly basis."
The Winchester Holding Group (OTCQB: WCHS) is a fully integrated, self-administered and self-managed real estate development company with a focus on Mid-West properties. We conduct all of our activities through Winchester Holding Properties LLC, and plan on to administer new projects through similarly created Limited Liability Companies. The Company's strategic plan calls for properties purchased and renovated or developed on terms that will enable it to rent the properties at rates sufficient to cover our carrying costs and later sell for a profit.
The statements contained in this press release contain certain forward looking statements, including statements regarding the company's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management.
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Datum: 05.03.2013 - 09:57 Uhr
Sprache: Deutsch
News-ID 1203633
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Commercial Real Estate
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