Arizona boating enthusiasts Jack and Mark Reabold, who own a 42' Californian LRC ported in Puerto Penasco (Rocky Point) Mexico, own a company that builds homes for those less fortunate in Rocky Point. The father and son team formed a partnership with Arturo Taddei, a long time friend and life long Rocky Point resident. Their company, Mediterraneo Residencial, was started to provide quality, affordable homes for the local residents of Rocky Point where there is a desperate need for housing.
This socially responsible company has been building 50 – 60 sq. meter (~600 sq. ft) 2 bedroom, 1 bath homes for over two years. Even after selling over 40 homes, the demand for affordable housing has not ceased and the company is looking for additional capital to meet the needs of the less fortunate.
Mediterraneo Residencial started with five investors along with their own 'bootstrap' funds in order to give back to the community that they love and have been visiting for over 20 years. The company is seeking investors with the same socially responsible attitude and desire to give back to those less fortunate. Currently, the company has commitments from nearly 50 financially qualified families seeking affordable homes. Their goal is to build at least 50 homes in 2010 but need additional funding to meet the growing demand.
For additional information, please visit their website www.mediterraneocasa.com where you will find a link on their home page to an article published in the Rocky Point newspaper, ‘Join Us’, or give Jack a call at home (480) 893-1105, cell (602) 377-2850.
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