Over the last few years, demand for affordable rental property has expanded considerably, and Ocean Development Inc, and owners Amy Cyprus and her husband Kip C Cyprus, have been reaping the profits from smart investment in multifamily and single-family rental housing.
Online PR News – 28-January-2013 – Sunset Beach, CA – Los Angeles, Calif (Ocean Development) -- It was another strong year for Ocean Development Inc. and sister company Ocean Properties Inc, as rental demand kept getting stronger. Company President, Amy Cyprus and her husband and real estate developer Kip C Cyprus, noted that they were already in a great position to capitalize on the nationwide shift from suburban living to inner-cities.
When the housing crisis struck, many Americans sought out inexpensive, multifamily rental housing in larger cities. In many cases, housing was in somewhat short supply. However, a few companies, like Ocean Development, were already serving those markets. A combination of increasing rents, greater interest from private investors, and government money and programs aimed at increasing the availability of low-income housing, really sped things up.
After several years, Ocean Development’s fundamentals couldn’t be better. Investors with Ocean Development have benefited from more than 100 years of collective experience, including the vast experience of Kip and Amy Cyprus - who both grew up around real estate and, actually made their living buying and selling homes when they met in the early 1990’s.
Thanks to those strong fundamentals, outside investors have enjoyed predictable, sustainable returns from purchases of equity shares in rental property, developed, built, maintained and managed all in-house at Ocean Development and Ocean Properties. This, hands-free, boutique investment services is now one of the easiest ways to invest and make money from real estate, under nearly any market conditions.
About Ocean Development Inc:
Ocean Development and Ocean Properties were founded by Amy Cyprus and Kip C Cyprus after their marriage. Amy is now the president, and sole owner, as well as the primary guiding voice at the property management wing, Ocean Properties.
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