Mountain Top Properties Inc. (MTPP) Approaches Funding Target for Hamptons Projects

January 17, 2024 09:35:00
  • MTPP secured 70% of the acquisition and 100% of the construction costs for Hamptons development projects
  • Target returns estimated at 20-30% per transaction with an anticipated timeline of 15-18 months for each project
  • Recently filed Regulation A offering to raise $10 million
  • Highly diversified portfolio includes investments in PropTech and mixed-use properties

Mountain Top Properties (OTC: MTPP), a diversified real estate holding company, has recently secured debt capital commitments covering 70% of the acquisition and 100% of the construction costs for its Hamptons development projects.

“The old adage in real estate is ‘location, location, location’,” said Joseph Kelley, CEO of On Site Builder Construction, during a joint interview with MTTP CEO Beau Kelley on IBN’s…

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NOTE TO INVESTORS: The latest news and updates relating to MTPP are available in the company’s newsroom at https://ibn.fm/MTPP

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