Praxis Capital Announces Fulfillment of Recently Launched Real Estate Fund

SANTA ROSA, Calif., June 7, 2011 /PRNewswire/ -- Praxis Capital announces the fulfillment and subsequent closure of recently launched PCL Income and Appreciation Fund. This fund was launched as a real estate private equity fund focusing on Northern California distressed residential real estate for a buy/hold model with properties being held for immediate income and subsequent long term appreciation.

The PCL Income and Appreciation Fund was fully subscribed by a single family office practice in northern California. Praxis Capital is currently opening a successor fund as PCL Income and Appreciation Fund II.

Praxis Capital, through its various funds, is recognized as the dominant Real Estate Private Equity investor in northern California and currently operates five active funds.  For the past two years Praxis has focused on buying, remodeling and reselling significantly undervalued residential properties.

Employing the comprehensive market analysis and management expertise Praxis is known for, the firm is confident that market conditions are ripe for capitalizing on the trending direction supporting rental demographics. Managing Director, Eric Peterson states, "As demand for rental housing has increased across all markets, the execution of our buy and hold strategy has proven as astute and timely. The current opportunity within the residential investment arena is unparalleled in recent history."

To learn more about this investment, accredited investors or advisors may contact Sherri Haskell at [email protected] or (707) 385-1810.

Praxis Capital, LLC
Sherri Haskell, Investor Relations Director
1160 N. Dutton Ave., Santa Rosa, CA  95401
www.praxcap.com

SOURCE Praxis Capital, LLC

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