Russo Acquisitions, a leader in the Real Estate Acquisition & Development space has recently set roots in the city of Memphis Tennessee. The company’s expansion team has been studying several markets over the past 6 months and decided Memphis would be the best fit for its new office.
“With its diverse inventory and growing population Memphis just seemed like a great fit for the direction we are taking the firm” says CEO Vincenzo Russo. “I had been intrigued by the city and its proximity to both Mississippi and Arkansas and thought this would be the right place to set our roots down in this part of the country”. When asked why not Nashville, Knoxville Mr. Russo Said, “Memphis is just large enough and still has the feeling of community”. The expansion into Memphis is just one of several new markets Russo Acquisitions has established a presence in over the past three years. Followed by this latest grand opening Russo Acquisitions plans to affiliate with selected community groups and become a part of the local community through sponsorship of local events and outreach programs.
The firm’s larger goal is within the next 12-18 months to establish a relationship and work with local government agencies to develop large parcels of vacant land and construct new affordable housing for the community, veterans and seniors who are most times priced out of their local neighborhoods due to the increase in prices of these emerging markets. On his recent trip to the city Mr. Russo said, “it’s been some time since I have seen so much opportunity for development in a condensed area” “if someone just stepped in with some vision and ability to execute these areas which seem to have been vibrant at one time could once again flourish”.
The Russo Family has a deep core belief of trying to be of the most value to every person they meet, whether that be guide them on how to maximize the profitability of their property or help them out from under a bad situation. Mr. Russo said “We cannot possibly buy every house we come across, but we do try to help every homeowner we meet in some way”. This must be the reason Russo Acquisitions is gaining the recognition of being a leader in the market through their brand.
More information about Russo Acquisitions, LLC can be found at their website: https://www.vinnybuyshouses.com/
Russo Acquisitions, LLC
1700 market Street