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Eastern Coast Management, LLC and Frank Crivello Purchases Land in Riviera Beach, Florida
Land located in heart of massive Riviera Beach Redevelopment Project.
Milwaukee, Wisconsin --April 28, 2004--
Frank Crivello, Managing Member, Eastern
Coast Management, LLC ("ECM"), www.ecmgt.net,
announced today that it purchased three
multi-family properties located on the new
Boulevard entering Riviera Beach Marina, Riviera
Beach, Florida.
ECM Managing Member Frank P. Crivello stated:
"We were excited to acquire land near the
center of the massive redevelopment project for
the City of Riviera Beach, Florida. We are
developing our plans for use of this land."
About NNN Group, Inc., www.nnn.net:
NNN provides PI with real estate management
and advisory services.
About Phoenix Investors, LLC, www.phoenixinv.com:
Since 1994 PI has been offering professional
management and advisory solutions to public and
private companies, trusts, and individual
investors. Our management endeavors to
understand our clients' individual needs, work
with our client to assess specific goals, and
structure investments according to our clients'
specific risk/reward profile to meet both the
clients' short term and long term needs. Our
real estate management team professionally
manages our portfolio properties through a
combination of local and national representation
in order to effectively create a
"working-bridge" between owner and
tenant, building a cooperative mutually
beneficial working relationship. Our experts
assess and refine our client's portfolio's to
maximize our clients cash flow, equity
accumulation, and internal rate of return based
upon our clients' specific dynamic goals.
Safe Harbor Statement Under the Private
Securities Litigation Act of 1995 - With the
exception of historical information, the matters
discussed in this press release are
forward-looking statements that involve a number
of risks and uncertainties. The actual future
results of the PI could differ significantly
from those statements. Factors that could cause
or contribute to such differences include, but
are not limited to assumptions relating to the
marine market and that there will be no
unanticipated material adverse change in PI's
operations or business.
Contact:
New-School Communications, LLC
Blois Olson, 651-221-1999
www.new-school.com
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©
2004 Phoenix Investors, LLC