Eric Picchetti Miami Announces Safe Harbor Equity Sells Two Commercial Assets in Miami
Miami-based Safe Harbor Equity just announced they sold two commercial assets in Miami.
MIAMI, FL, July 14, 2011
Miami-based Safe Harbor Equity just announced they sold two commercial assets in Miami. With years of experience, the firm has built a reputation within the Southern Florida community as a well-known and reputable investment management institution.Principal Eric Picchetti works alongside the team to manage investments focused primarily on defaulted debt instruments, distressed real estate assets and non-performing mortgages. The company focuses their attention on acquisitions taking place in the office, retail, industrial, warehouse and residential markets.
Mr. Picchetti has a long-lasting reputation among clientele as a credible and trustworthy source. This has led to great success in throughout his career.
"These two assets represent distressed mortgage opportunities that resulted in real property," said Principal Eric Picchetti. "We were then able to liquidate in short order on the open market realizing a significant yield."
Safe Harbor Equity offers sophisticated client investment opportunities through a variety of mediums. Team members like Mr. Picchetti act as both principle and intermediary visa-vi managed accounts and joint ventures. Their long-lasting reputation in the financial industry is formed by their success with past client ventures and proven credibility in the field
About Eric J. Picchetti
Eric J. Picchetti has years of experience in the financial industry. Mr. Picchetti graduated from Portland State University with a Bachelor of Science degree. From 1993 to 1997, Mr. Picchetti served as a Financial Administrator for Land Acquisitions at Epic Development, Inc. Then in 1998, Mr. Picchetti joined New York based investment partnership Carlin Equities, LLC, where he initiated and managed equity positions totaling $100 million leading to over 20% return per year to his partners. In 2002, Mr. Picchetti co-founded Freedom Financial Holdings LCC, a multi-state financial and insurance products brokerage. His education, investment experience and expertise led him to become a Principal at Safe Harbor Equity.
Website: http://www.safeharborequity.com