[NEWSFLASH: April 4, 2012]:

In November 2009, The TAFT Street Office Complex debt of $20 Million Dollars was purchased for $8.8 Million Dollars eliminating all bank debt.  Several weeks later, we sold two of the buildings in the complex to Seminole Tribe for $7 Million dollar and lowered the complete private debt down to $2.3 Million dollars on a 95,000 sq ft complex.

Since then we stabilized 6565 Taft St. with tenant improvements and leasing commissions to bring in top tier tenants including two United States GSA (Government Services Agencies) leases and City College.

Upon stabilizing 6565 Taft St, we secured financing of $2,700,000 through a New York lender a few months ago. This new financing of 6565 TAFT Street was the result of all the diligent work and Tenant Improvements put into this building recently revamping and stabilizing it with an appraisal value of $5,100,000 giving the building over $2 Million Dollars in equity.

This was phenomenal news for 6565 Taft St. but we were still struggling with the remaining 6 buildings including 6491-6499, 6501, 6515, 6517, 6519 and 6523 Taft Street with unstable tenants. Last week, miraculously, we sold all six buildings to a group of doctors for $2,262,000 allowing us to pay off all of our hard money loans on the complex excluding $200,000.

Jacobs Real Estate Advisors prides itself in placing our portfolio ahead of market trends. Despite the fact that sales prices in Hollywood, Florida have been decreasing as depicted in the graph below taken from Loopnet, a known authoritative Commercial Real Estate site, we managed to sell all non performing buildings and raise the value of 6565 Taft Street to a healthy NOI giving the overall partnership over $2 Million Dollars in equity.

We are now proud again to have the standalone 6565 Taft Street building as a cornerstone in the Jacobs Real Estate Advisors portfolio.

[NEWSFLASH: March 15, 2012]:

Jacobs Real Estate Advisors announced back on July 15, 2011 the note purchase of a shopping strip at 248-58 Rockaway Boulevard, Rosedale, NY. Two weeks ago, under the leadership of Sholom Jacobs and legal respresentation by Alex Novak, we succeeded in evicting an unwanted tenant, a gentlemens club. The tenant had signage protruding onto Rockaway Turnpike leading into the Rockaways and the Five Towns known to be a community based residential area.

For many years many local politicians and community leaders attempted relentlessly to remove this offensive tenant from the community. See article below which appeared last week in the The Wave, local newspaper serving the Rockaways and surrounding communities. I personally spoke to Sanford Bernstein, general manager for the newspaper, and he explained "We have been following this news story for years. I could not believe that behind the scenes was Sholom Jacobsworking in this unique way to remove this undesirable business from the community."

We are currently proceeding with the foreclosure proceedings and working actively to evict an adult video store on premises.

[NEWSFLASH: December 29, 2011]:

We are very excited to bring to your attention our closing today of 700 Atlantic Avenue, Brooklyn, NY. We closed today on this multi-level commercial, architecturally rich and well positioned building for a purchase price believed to be a steep discount to value. This Prime Retail Space is located in the heart of Brooklyn's Atlantic Ave neighboring Barclay's Center & Atlantic Terminal one block down from Altantic Mall.

700 ATLANTIC AVE, BROOKLYN, NY

Jacobs Real Estate Advisors is continuing to purchase defaulted notes and REOs from banks and other financials institutions at deep discounts with high IRRs for our investors.

We are very excited to bring to your attention our latest acquisition:

On Jan 17, 2012, we purchased another Bank REO at a steep discount. This property was previously acquired in 2005 for $1,250,000 and was recently appraised for $850,000. The commercial, residential, and warehouse space consists of over 13,000 sq ft. The property also includes a leased out parking lot.

Jacobs Real Estate Advisors is continuing to purchase defaulted notes and REOs from banks and other financials institutions at deep discounts with high IRRs for our investors.

[NEWSFLASH: November 24, 2011]:

Jacobs Real Estate Advisors is proud to announce another successful transaction:

On Nov 24th, 2011, Jacobs Real Estate Advisors facilitated the note purchase of 2685 Valentine Avenue, Bronx, NY, 10458. The original mortgage balance of $2,490,641 plus $768,000 of unpaid accrued interest payments on this 44 unit apartment building was purchased for $2,060,000 equating to 63 Cents on the Dollar.

In our troublesome times while international markets are effecting all industries, Jacobs Real Estate Advisors has been purchasing defaulted notes from banks and other financials institutions at deep discounts with high IRRs for our investors. If you wish to be contacted further for these special deals or wish to bring to our attention a deal where a joint venture can be made please contact our offices. When contacting our offices it is beneficial to have a dollar amount you are looking to invest.

[NEWSFLASH: August 5, 2011]:

We are delighted to announce the closing of Jacobs 167st, LLC in Bronx, NY. We purchased the $4.7 Million Dollar mortgage for $3.95 Million Dollars. The full project cost including construction and soft costs is $8 Million Dollars. The bank appraisal of the property had an AS IS value of $10,700,000 and upon completion of build out of CVS estimated to be $13,800,000 which is astounding news!

We will be proceeding with the construction on the property and working to lease out the two remaining vacancies in the shopping strip.

A ten year IRR of over 30% is expected upon completion of build out after a 6% preferred return with principal in the next 18 months.

50-56 EAST 167TH ST, BRONX, NY 

[NEWSFLASH: July 14, 2011]:  

Jacobs Real Estate Advisors facilitated the sale of $2.3 million worth of long term leases of telecom antennas to redeem an otherwise viable rental building in Union City, NJ from foreclosure.

[NEWSFLASH: Sept 15, 2011]:   

Jacobs Real Estate Advisors announced the 20th closing of the 43 unit Beach House Condominiums and pay off of our $6.7 Million Dollar Mortgage. The deed as well as the $13.7 million dollar mortgage was purchased for a total of $9.6 million on August 30, 2010. The 43 unit Condominium Building has 12 more units in contract with only 11 more units available for sale. Our competitors down the block who have had condominiums on the market for over 2 years have now resorted to rent to own agreements.

Hampstead, NC - Jacobs Real Estate Advisors is proud to announce yet another great deal brought to one of our investors. It was announced today the purchase of Olde Point Golf and Country Club. The original bank note of $2.2 Million was purchased for $900,000 equating to 40 cents on the dollar. An IRR of 20% is expected.

Jacobs Real Estate Advisors has been very active recently in bringing great deals to our investors at significant discounts. If you are a qualified investor and wish to be considered, please contact our offices today.