Lunar Investments LLC (Lunar) is a residential real estate development and opportunity fund, based in Union, New Jersey. Lunar recently announced the launch of Lunarinvestmentsllc.com, in an effort to both showcase its expertise, as well as attract new investors to the fund. Focused solely on the New Jersey market, lunar has positioned itself to make bulk and one-off purchases of residential mortgage notes tied to non-performing mortgages currently held by banks. On behalf of its investors, Lunar negotiates a spread substantial enough to cover the rehabilitation, administrative, and professional costs associated with selling each property at the prevailing market prices, and provides a stable return on assets. Founded in 2010, Lunar has successfully invested more than six million dollars ($6MM) in over thirty individual transactions with a cumulative final sale value of approximately nine million dollars ($9MM). Often called upon by banks to assist them with mortgage work-outs, Lunar offers a unique perspective for value investors that seek to capitalize on the tremendous supply of residential purchase opportunities that remain in this market cycle.
According to John Giorgi, Esq., Lunar’s founder and CEO, “ The free lunch is over. Many of today’s investors that seek the massive returns from years’ past become very easily disillusioned in this market. Unless you’re in a position to make purchases at a 40%-60% discount to market, you risk wasting valuable time and money. We seek to align ourselves with investors that understand that it all comes down to a matter of access, capital, timing, and ingenuity; absent the right combination of which can prove disastrous. By pooling a substantial amount of capital, we utilize our access and expertise to identify and partake of value-purchase opportunities in the residential areas we know best, thereby recouping our investments in the shortest amount of time. Lunar, quite simply, presents an opportunity for capital preservation and modest, stable returns. We look forward to rolling out the new website, in the hopes that it educates and draws attention to our specialty skills and, of course, helps us raise additional capital.”