Real estate is inherently an illiquid, risky business, yet one which can generate substantial returns. We serve real estate investors, especially those interested in wine, who share our views and values, and who need and expect substantial returns on their long-term capital investments. Current Income - Safety of Principal. While we maintain current income objectives of 10% to 15% per year for our investors, we stress safety of principal above all else. We have specialized in vineyards and wineries, development land and retail shopping centers, chiefly in California and Texas because our income and capital preservation objectives are best achieved in these areas.  However, in order to provide international portfolio diversification and reduce the cost of producing noble red wines, we are also developing a large vineyard project in the Western Cape of South Africa. Real Estate Exchanges. Burdell's management are specialists in "1031 tax-free exchanges," providing transaction and tax planning experience every step of the way. We and our clients are very "capital gains tax adverse." Investment Structures - Creative Financing Plans. Burdell Properties originates and manages individual and group real estate investments; investment structures have included participating loans, equity trades with seller options to repurchase, general and limited partnerships, tenancies-in-common, and unleveraged fee ownership acquisitions. We solve real estate financing problems both creatively and with cash, and it usually takes both. Burdell Properties currently manages 24 partnerships and joint ventures with over $100 million of current market value real estate assets. "Post-closing" asset management services provided include day-to-day administration and analysis, periodic written reports to investors and annual tax planning/return preparation and filing. We also directly property manage our vineyards and development land. We work on a commission or negotiated fee basis. We are MBAs, CPAs, real estate and securities brokers, and significant investors in our own projects. If these ideas and business philosophies appeal to you, please give us a call and let's determine if we can be of help.