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In
addition, there must be enough short-term
margin between TMG's acquisition and
resale price to insure the investor,
without undo risk, a predetermined,
acceptable return on investment.
Significant
capital growth on land investment
occurs when land use is enhanced.
Land use justifies the price a developer
can afford to pay in order to economically
justify development. Land
is only as valuable as the use to
which it can be put. Use
determines value, and residential
land use is easy to spot in advance
of its development.
From 1962 to 2006 Mr. Myers along with his affiliated companies, has occupied a unique niche in the U.S. Real Estate industry. The Myers Group provides a valuable service to developers by placing the land they have purchased into a construction-ready state.
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