Feb. 1 – New York — Momentum Realty Acquisitions and Ward Capital Management have agreed to a strategic partnership to acquire, improve and manage income-producing and opportunistic real estate investments in the greater New York
Momentum Realty Acqusitions, based in New York with a growing portfolio of holdings in the New York, Charlotte and Atlanta metropolitan areas, specializes in identifying, acquiring, improving and managing established cash-flow generating properties that are well situated to be repositioned for value appreciation and improved cash flow.

Ward Capital Management operates in the greater New York area and operates as a privately held real estate investment fund on behalf of a select group of private investors. The complementary resources of the two firms bring current and potential investors the insight and experience to extract greater value from properties for the immediate benefit of investors, tenants and communities.  “We are collaborating to raise capital to invest in opportunistic real estate projects,” said D’Wayne Prieto, WARD principal.

Together, the firms are targeting commercial properties, mixed-use buildings, hotels, and residential buildings that are likely to yield combined cash flow and appreciation annually of 15% to 20%.
“We continue to be cash-flow driven, but now we are also offering our investors opportunistic, high-yield investment opportunities through our partnership with strong operators and developers such as WARD,” said Ruben Guerrero, managing partner of Momentum Realty Acquisitions. “This provides our investors with access to investment opportunities they would otherwise not have access to and the chance to diversify within the real estate sector.”
Among their partners’ first projects:
  •  A 150- room hotel development in Westchester County, New York
  • A 30,000 square foot waterfront luxury condo development in New Rochelle, New    York
  •  A 65- room boutique beachfront hotel redevelopment in Bayville, New York
Momentum and WARD are rapidly building a track record of tactical success by acquiring, redeveloping, and investing in undervalued properties whose cash flow can be improved through the implementation of physical and operational improvements or reposition to achieve the asset’s highest and best use.
About Momentum Realty Acquisitions
Momentum Realty Acquisitions is a real estate investment firm focused on the acquisition and active management of value-add commercial and residential real estate assets. The firm’s investment philosophy is to implement both tactical and strategic models to acquire underperforming real estate assets in markets that provide strong cash flow and asset appreciation through repositioning. Momentum purchases well-located, multifamily properties in growing markets throughout the northeastern and southern United States, with a focus on markets and assets that are not on the radars of the industry giants and are beyond the reach of the average
individual investor.
About Ward Capital Management, LLC
Based in Dobbs Ferry, New York, Ward Capital Management, LLC is a Real Estate Investment and Development firm focused on Multifamily Residential, Retail, and Hotel Assets. Ward is a full- service real estate firm providing a broad range of principal investment, development, advisory and investment banking services. The firm bridges the gap of investment opportunities between Main Street and Wall Street. Ward specializes in challenging projects; extracting value from unique investments in order to maximize investor returns.
Their insightful, well-founded strategies are backed by years of experience and quality data. Ward is not conflicted or limited as a broker, operator or banker— but equally comfortable with real estate financing markets and real estate operations.