Whitney Projects

20 Acres- 4 Corners Project

(Four 5 acres parcels)

Purchased for $1.3 Million @ $1.46/sq. ft.

Negotiated LOI for $8,032,887 @ $9.00 sq. ft

Profit = $6,732,887

Hampton Inn project

Russ put the parcel together and entered into a joint venture to take ownership of the hotel project. Negotiations with the JV faltered and Russ sold his interest, making over $1 Million in profit in just four months.

Burnt Store – 126 acres

Syndication Surplus

Value = $15 Million

At the market peak had an offer for $51 Million.