Hotel and Multifamily Investment Startup Company Farr Investment Capital which operates Farr Hotels & Resorts is set to raise upwards of $100 million.
DALLAS, TEXAS, UNITED STATES, February 8, 2018 /EINPresswire.com/ — PRESS RELEASE
CONTACT: Ken Farr, Farr Investment Capital, (888) 600-7311, firstname.lastname@example.org
Hospitality Eco Friendly Solar Powered Start Up to Raise Upwards of $100 Million in United States by Offering $100 Million Privately Held Shares.
DALLAS, Texas, February 12, 2018: Hotel and Multifamily Investment Startup Company Farr Investment Capital (http://www.farrinvestmentcapital.com) which operates Farr Hotels & Resorts is set to raise upwards of $100 million (US$100 million) from Accredited Investors when its Regulation D. 506(c) Private Placement Memorandum PPM) is released on February 12, 2018.
Farr Investment Capital which invests, manage and acquire hotels in the name of Farr Hotels and Resorts, Multifamily and Single Family Development for Faith-Based Organizations and Healthcare related events is preparing to launch its first Eco Friendly Hotel in the name of Farr Hotels & Resorts, today priced its shares at $1.00 ($25,000.00 minimum). The listing would give the fund a very strong market presence in the Eco Friendly Hotel Investment Market Industry, which could make Farr Investment Capital one of the largest Eco Friendly & Solar Powered Hotel Investment Fund in the United States.
Farr Investment Capital d/b/a/ Farr Hotels & Resorts will convert hotels into Eco Friendly Hotels by improving Eco Friendly Water Distribution Channels, Incorporate Solar Powered Transmission of Electricity, minimizing the hotels carbon footprints on each location and utilize Energy Efficient Products.
Farr Investment Capital d/b/a/ Farr Hotels & Resorts will also host Gospel Artist Stars like Fantasia, Shirley Caesar, Kirk Franklin, Tasha Cobbs, Jessica Reedy, Yolanda Adams, Marvin Sapp, Tamela Mann, Kim Burrell, Be Be Winans, Donnie McClurkin, Fred Hammond and so many more…
The U.S. – Dallas Based Company first filed to offer its Privately Held Shares in the State of Delaware and it confirmed that it will offer a total of at least 100,000,000 shares in its listing. The total amount raised could be higher if our broker-dealer, registered with the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) take advantage of all options.
Eco Friendly Hospitality Startup Farr Investment Capital, Inc plans to spend the proceeds on investing and acquiring hotels, multifamily properties and single family affordable development construction — it is expected to announce its first hotel acquisition before the middle of 2018 — funding acquisitions, management and marketing, and also growing its brand via increased marketing initiatives. Farr Hotels & Resorts will be outfitted with the most advance technologies available in-house that will create a very unique customer hospitality experience.
The global hotel industry revenue is predicted to reach $550 billion US dollars by 2018. Billions of revenues are generated from the hospitality business like travel, lodging, seminars, vacations and more, but the fund will also branch into lucrative Multifamily Properties with Farr Investment Capital, and hire additional 100 to 500 employees including office / business equipment that has been deemed necessary to grow the business revenues.
Funds will be used to integrate Eco Friendly, Solar Powered and The Most Technological Advance Software Systems into the 4 Star Luxury Hotels. Improve and upgrade the hotels into 4 Star Luxury Hotels from Economy Class Service in Texas and Atlanta, Georgia. Additional vehicles may be purchased in order to provide transportation related and adventure ATV services for customers.
Farr Investment Capital express that it is likely to be profitable within 2 years as it is focused on properties that have positive cash flow. In addition, Farr Investment Capital will add value to each property by managing the properties internally with on site management, strategically adding the most comprehensive software and digital marketing platforms that are available.
It aims to grow its presence in key markets like United States, where it could become one of the largest privately held Eco Friendly Based Investment Fund, and in North America, which may account for a large percentage of sales.
Farr Investment Capital believes it will be profitable in year 2020 — to the tune of $7.6 million. Farr Investment Capital expect to go public (IPO) by year 2025.
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Source: EIN Presswire