SOURCE: Cantor Capital Group

April 15, 2015 19:38 ET

David Crantz Goes Into Escrow on Property Located at the Scottsdale Airpark, as Cantor Capital Group Eyes Opportunity for Growth

SCOTTSDALE, AZ--(Marketwired - Apr 15, 2015) - David Crantz and Cantor Capital Group have announced that they have just entered into escrow on a property that is located at the Scottsdale Airpark. Due to escrow positions and the nature of the contract, the group is not announcing the address of the location at this time.

David Crantz has plans to revamp the property and redevelop it to design either modernized, mid-rise condos that are attractive to the millennials, or to cater to the growing baby boomer population and create a luxury assisted living center.

"We especially liked this plot because a variety of lucrative zoning options were entirely overlooked by other investors," said David Crantz. "After conducting our due diligence, we realized that the zoning was favorable for many types of different construction options, which create unique advantages due to the flexibility."

Cantor Capital Group has earmarked a name for itself by providing direct lending and syndication of real estate transactions throughout Arizona, California and Florida. The company regularly purchases and develops residential, commercial and mixed zone real estate on behalf of its investors, with a specific goal of buying at well below market value, rehabbing and reselling.

"The time is ripe, especially for private equity, to capitalize on the real estate opportunities at hand in Arizona," Crantz said of his new plans for the Scottsdale property.

About Cantor Capital Group

Cantor Capital Group provides direct lending and syndication of real estate transactions throughout Arizona, California and Florida, with a specific focus on buying properties at below market value, rehabbing them and reselling them later. The company focuses on both commercial and residential properties, with the goal of revitalizing areas and helping to fuel the local economy.

Contact Information

  • Press Contact:

    Cantor Capital Group
    David Crantz
    Phone: (949) 631 5010
    881 Dover Dr Ste 110
    Newport BeachOrangeCA92663-6921

    Media Relations:

    Troy Bohlke
    Phone: 480-584-2909