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New Business Provides Solutions to Unfinished Construction Opportunities


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© Business Wire 2008
2008-08-30 00:28:02 -

- The economic turmoil and the rise in foreclosures in the real estate market has left many residential and commercial projects "unfinished." Owners are hoping to sell. Investors are looking for deals. Construction companies are looking for projects to complete.

A new company and website, UnfinishedConstruction.com, provides a way to showcase variety of unfinished projects: homes, office buildings, and

zone-ready land. The site also offers an out-of-the-ordinary page which advertises tree farms, churches and even alligator farms, all on one site. With the simple click of the mouse, an investor can search for zone-ready, commercial/industrial, residential and out-of-the-ordinary properties. Owners and Brokers can advertise their unfinished property in complete confidentiality. Construction companies can advertise their services within a specific market. Unfinished Construction's services can be used to unite sellers with buyers, and investors. This service helps construction companies searching for opportunities in specific areas for all markets, locally and at a national level.

The company is based out of Southwest Florida, but has the ability to advertise properties throughout the United States. The company owners have in-depth backgrounds in real estate, construction and technology. They created Unfinished Construction after they saw the need to help developers in the midst of construction who didn't have the ability to finish a project and realized that the traditional real estate market had a difficult time understanding their situation.

"It is very difficult to look at an incomplete structure and realize the value of not only the land but the zoning, engineering, materials and labor that have already been invested," stated partner Larry Bailie. "Our clients are looking at the cost to complete the project, the current market for resale and the investors overall ROI."

"We at Unfinished Construction recognize there is a current demand, due to market conditions, especially foreclosures, to complete a wide range of projects," stated partner John Rebimbas. "Our company can help sellers find buyers and investors, and assist in the non-traditional real estate market referred to as out of the ordinary. We can also assist in locating contractors who will be able to finish the project or locate resources to help finance the project to full completion within that market."

The company has also been approached by several financial institutions to add a foreclosure page to its site, stating that 20% of residential homes in foreclosure are considered unfinished.

UnfinishedConstruction.com is currently offering a free trial period for an owner or broker to advertise on the site at no cost for the first 90 days. Simply forward your information and a photo of your project to FreeOffer@UnfinishedConstruction.com and we will advertise your property with no obligations.

For more information about properties to sell or ways to advertise your unfinished construction, please visit the website at www.UnfinishedConstruction.com.

For UnfinishedConstruction.com, Naples
Suzanne Willis, 239-287-7070


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