Why Florida & Palm Beach County
•Florida is widely considered a “tax haven” for people and corporations alike. Florida ranks 4th in GDP nationwide with a 2012 GDP of $744 billion.
•Florida’s economy is projected to grow 3% annually over the next 5 years, outpacing the national average.
•By 2018, Florida is set to cross the $1 trillion threshold for gross state product, making it the 16th largest economy in the world.
•The Tri-county area (Miami-Dade, Broward, and Palm Beach counties) make up the largest population (+7 Million) and economic center (37% of Florida GDP) in the state of Florida.
•Palm Beach County is one of the fastest growing counties in the country with 8% of the overall Florida GDP and a population of +1.3MM. The residents of Palm Beach represent one of the single largest accumulations of wealth in the world.
•Armata Holdings, LLC. (“Armata”) is a real estate investment company headquartered in West Palm Beach, Florida.
•Armata’s mission is to acquire premier real estate properties in and around Palm Beach County that deliver long-term cash flow, asset appreciation, and consistent, risk-adjusted returns to investors.
•Armata develops high-end residential properties in Palm Beach County during advantageous times in a real estate cycle, complimenting our long term mission with short term development periods that target atleast a 1.3 multiple in 12 to 15 months.
•Armata has extensive local knowledge of Palm Beach County market fundamentals & trends, zoning codes, and strong local political and industry relationships.
•Armata has developed strong broker and banking relationships and through its reputation has been given a “first look” at a number of off market and soon to be coming to market assets.
•Armata pursues all major asset classes in Palm Beach County with strong demographics that are poised for future growth and long-term stability.
•Armata Holdings believes strong property management and customer service is critical to its success. For that reason, Armata has a full time in house property management team to serve its tenants.
“Armata Holdings, LLC. is a strategic investment platform focused on acquiring, managing and developing core and opportunistic assets in Palm Beach County.”