South Florida Business Journal
American Ventures, a Florida-based real estate fund manager, is launching two real estate investment funds that offer mezzanine debt financing for experienced developers. According to CEO Philip Blumberg, the first to benefit from the funds are urban neighborhoods in Miami and Albuquerque, New Mexico. Full story (PDF,327KB).

New Urban News
Real estate fund manager, American Ventures, sees opportunities for New Urbanism in infill locations. “Two new funding sources for infill development are coming into being, each with the potential to leverage a half a billion dollars or more of real estate in the next decade. American Ventures CEO, Philip Blumberg, believes that the […]

Albuquerque Journal
With the creation of the New Mexico Urban Initiatives Fund, Florida-based American Ventures is moving ahead with the development of a six-story Gold Avenue Lofts building in Albuquerque. According to American Ventures CEO Philip Blumberg, “clearly there’s a beginning of a trend of not just retail activity but also residential growth.” Full story […]

Albuquerque Journal
American Ventures Corp. has recently launched a real estate investment fund in New Mexico to help finance inner city projects. According to CEO Philip Blumberg, the public participation “shows a visionary perspective of what Downtown Albuquerque could be.” Full story (PDF,385KB).