Coloma Ventures

Progressive REI



Coloma Ventures facilitated $1.7 million of seed funding to enable Progressive Real Estate Investments to purchase foreclosed properties from the Trustee Sales Auction held daily in Las Vegas.

Utilizing years of industry experience, Progressive REI developed proprietary property research software and a targeted investment strategy focusing on identifying and acquiring foreclosed residential properties in the Las Vegas market. Progressive REI has purchased over 100 properties and yielded a first-year return on investment of 31%.

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