Big Changes and Opportunities for Florida Real Estate Investors
Saint Petersburg, Florida: New to the sunshine state, New Western Acquisitions has been exponentially growing through the past decade, and has now set their roots deep into Saint Petersburg, Florida. The company is bringing with them long-time expertise in providing real estate investors with wholesale properties to flip or rent out.
Mike Valerio, former general manager of the Fort Worth New Western location, has been tasked with running the new Saint Petersburg location. When asked about the new location, Mike told us, "We chose Saint Pete for its proximity to the entire marketplace. Most people look at this market and consider the center of it to be on either side of the 275 Bridge near West Tampa or East St. Pete. We are looking at a much larger picture. We are excited about how large this market is. St. Pete seems to be more in the center due to the fact that there is a major opportunity to the south. Sarasota and Manatee counties are an area that we want to be closely involved with. The location in Downtown St. Pete gives us easy access to Tampa, Sarasota, Bradenton, New Port Richey and of course, our backyard in Pinellas County.
"In this office, there is already a buzz. The hard work going into launching this location doesn't seem like work at all. The entire team has a strong sense of pride for our new office. The excitement is fueled by how much business is being done in the area. We have just scratched the surface and immediately see what an opportunity we have here."
New Western Acquisitions (NWA) is a real estate brokerage firm. It was founded in August 2008 with a goal to acquire and resell distressed residential property for its affiliated holding companies. The company started in Dallas, TX and moved into the entire DFW market, Houston, and San Antonio by the end of 2010.
Since then, New Western has grown nationwide expanding throughout California, Georgia and Pennsylvania. When originally conceived, the company placed an emphasis on dealing exclusively with real estate investors; thus enabling it to create a unique brokerage style and create its own niche market. To date, New Western's affiliated holding companies have acquired and taken title to enough single family homes to make the company one of the largest home buyers/sellers of distressed single family investment properties in the nation.