Atticus Properties Inc. Secures Initial Funding

Atticus Properties Inc. announced today that it recently obtained capital commitments in excess of $50 million to fund its acquisition program. Atticus was formed in March of 2012 to purchase income producing real estate assets using a value-oriented investment strategy.

According to Harold DeGraff, the founder and CEO of Atticus, the company’s current goal is to aid in the stabilization of local real estate markets by providing immediate capital to acquire, renovate and reposition distressed real estate assets. In addition to providing capital, the Atticus team is comprised of seasoned business professionals that are able to efficiently assess and implement complex deal structures as part of its investment strategy.