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News
ING CLARION REAL ESTATE AND BTI LAND
ANNOUNCE
STRATEGIC PARTNERSHIP TO PURSUE RESIDENTIAL AND MIXED USE LAND OPPORTUNITIES THROUGHOUT FLORIDA
ING-BTI Land Ventures, LLC, located in Coral
Gables, Florida seeks to invest in single family
and multi family residential land throughout the
state primarily to function as a land bank for
finished or approved projects. Our goal is to hold
these assets and await an improving market.
BTI, with its background in the building industry,
understands the current situation in the development
industry throughout Florida, and is willing
to work closely with builders, land owners,
developers and lenders to mitigate the gap
between the supply of finished lots and demand.
The Company’s partner for land opportunities in
Florida is ING Clarion Real Estate, one of the
world’s leading real estate investment managers.
Currently, ING and its affiliates manage over
$150 billion in real estate assets and securities
on behalf of institutional and private investors.
BTI Land is ING’s exclusive Florida partner for
land acquisitions and has entered into a strategic
alliance with their Opportunity Fund, which has
$700 million of investment equity available.
Transactions typically close in less than 30 days
on an all cash basis. Minimum transaction: $2
million, maximum (per parcel) $50 million.
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