Kirk Sanford Well Positioned in Las Vegas

Posted by admin | Kirk Sanford, Real Estate, Sightline Acquisition | Monday 21 September 2009 6:31 am

Sightline Acquisition Corporation is a blank check corporation founded by Kirk Sanford in Las Vegas, Nevada. The strategy behind investing at Sightline is to identify distressed real estate and purchase it for significantly below market value.

The expectation of a large number of distressed loans coming to market has not been realized even though there is a shortage of mortgage capital and many loans maturing late in 2010 nationwide. However there are certain regions where that have had the greatest downturn in housing and economic activity, and Nevada is one of them.

Sightline is well positioned geographically to locate and invest in distressed mortgages in the Las Vegas area.