FOR IMMEDIATE RELEASE
Brookline, MA – July 31, 2017
Rise Realty, the successful Brookline-based real estate brokerage and investment company announced today the launch of its newest division, Rise Capital.
Co-founders and principals Gene Bernshtein and Ilya Zvenigorodskiy have worked for more than five years in the Boston real estate investing market. They’ve created Rise Capital to further focus specifically on the needs of real estate investors and the revitalization of neighborhoods in the city.
The new division sources and presents three types of opportunities to real estate buyers and investors:
- Off-market listings that are priced significantly below market value and are opportunities for developers or investors to build value for themselves or their clients through renovation projects.
- Flips that take about a year to complete and bring above-market returns to the investors who buy, rehab or renovate, and re-sell in that timeframe.
- Traditional sales and purchases that do not meet the criteria above but present a sound investment.
The team at Rise Capital has developed a reputation for possessing the experience and know-how to identify properties that will maximize returns. Once purchased, the properties are rehabilitated and renovated at reasonable cost with the needs of modern, city-dwelling consumers in mind.
“Our ability to identify and manage these projects – and to improve communities one home at a time – is dependent on finding the right investors. We treat each investor as a partner (and sometimes we are literally a partner in the project). We look to establish long-lasting relationships. This has been – and will continue to be – our key to success,” Bernshtein said.
The team keeps an eye on the greater good in rehabilitating and updating homes. Neighborhoods benefit from their investments, and making that impact is part of what makes the projects satisfying in addition to being profitable.
“Our goals extend beyond simply generating returns that beat market expectations. We also aim to ensure that investors are proud of the work that their funds contribute to – just as Rise Capital is,” said Zvenigorodskiy.
In addition to Zvenigorodskiy and Bernshtein, Dmitriy Lavrishin serves Rise Capital at an Acquisitions Specialist and Real Estate Agent. Laly Blanco is the team’s Operations Manager and is also a Real Estate Agent.
For more information, please contact [email protected] or call 617.383.5659.