The Company has identified several properties in Las Vegas, NV which meet the stringent criteria Strata Capital Corp. has set forth for real estate acquisitions. On average, the Company looks for properties which it can acquire for approximately 30 cents on the dollar.
"I am pleased we have found candidates which meet the strict criteria Strata Capital Corp. set for the purchase of distressed real estate. The Company has set forth several requirements for a property to be considered which include a purchase price, condition, and location. Strata Capital Corp. believes sizeable profits can be had with the acquisition of the identified properties. The Company will update shareholders as progress is made with the acquisition of these properties," stated Adam Kolaczek, President of Strata Capital Corp. -- Strata Capital Corp.
