| Home Page : Archive News : June 2011 News : Steve Muehler, President of Alta Vista Companies, announced today a Direct Public Offering for "Alta Vista Companies Real Estate Fund II" | |
Steve Muehler, President of Alta Vista Companies, announced today a Direct Public Offering for "Alta Vista Companies Real Estate Fund II" | |
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June 14, 2011 Steve Muehler, President of Alta Vista Companies, today announced a Public Stock Offering for "Alta Vista Companies Real Estate Fund II", which is an "Interim Construction Financing Fund" for Fannie Mae, Freddie Mac, FHA and VA Approved Mortgage Loans. Beverly Hills, C.A. - Mr. Steve Muehler, President of the Beverly Hills based "Alta Vista Companies", today announced its direct public offering (DPO) of 10,000,000 Pre-IPO shares of Convertible Preferred Stock Units that are being offered at U.S. $0.50 per share for "Alta Vista Companies Real Estate Fund II". This ground-floor investment opportunity is available to current customers, affiliate partners and the public in the State of California. A DPO is a pioneering form of financing and an innovative, cost-effective way for an established business to acquire needed expansion capital. In turn, it provides investors an affordable opportunity for a minimum investment of $5,000. Alta Vista Companies Energy Fund I filed a Form D with the Securities and Exchange Commission (SEC) detailing information about the firm and the offering. The company also filed an Issuer Statement and Small Corporate Offering Registration relating to these securities with the State of California's Attorney General's office. "Alta Vista Secured Interim Construction Financing Fund" is a real estate investment fund established by Alta Vista Companies in partnership with a pool of both private accredited investors, institutional investment firms and international investors. The fund will make first deed of trust interim construction loans to consumers throughout the United States that have an "end loan" guarantee. This program is designed for the borrower who wishes to obtain a first mortgage loan to construct or rehabilitate a primary residence or second home and has obtained a permanent financing loan approval from a branch of "Alta Vista Companies Mortgage Funding Corporation's" select Fannie Mae, Freddie Mac, FHA or VA Home Loan Programs. The program provides for both construction financing and permanent financing with a simple single loan closing, avoiding the traditional two loan closing process and the excessive fees associated with it. The borrower signs one set of loan documents that cover both the interim construction phase and the permanent loan phase. The borrower may choose from several Fannie Mae, Freddie Mac, VA or FHA Home Loan Products (Fixed and ARM) available through Alta Vista Companies Mortgage Fund Corporation and multiple rate lock options that offer a variety of features. The construction period can vary in length between 6, 9, and 12 months. Additionally, construction periods of 15 and 18 months are available for the 1-year Treasury ARM product. During the construction period, the loan will be interest only with interest payments paid from an interest reserve account. When the home has been completed, the loan will be converted to a permanent mortgage. Alta Vista Companies anticipate nationwide rollout of the program during the Fall of 2012. To date, the Company has received investments from private investors and /or has been self-funded for its development. Proceeds from the DPO will be used to provide working capital to expand on the success achieved by the Company to-date. Company is currently in the process of obtaining public listing on the German Frankfurt Exchange and the US OTC Market. About Alta Vista Companies. Founded in 2008, Alta Vista Companies is a leading energy, biofuels, oil & natural gas, mining & mineral rights and real estate equity investment banking firm with offices in: California, Florida, Brazil and Canada. The Company's website can be viewed at: http://www.altavistacompanies.com To view a prospectus or for general inquiries, you may send an email to: LEGAL@AltaVistaCompanies.net This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. All trademarks and service marks are the property of the respective parties. NEWS SOURCE: Alta Vista Companies Real Estate Fund II Corporation Source: http://www.1888pressrelease.com/steve-muehler-president-of-alta-vista-companies-announced-pr-310513.html |
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