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Crystal View Capital Fund I, LLC Board of Directors Pays Shareholders a 2nd Quarter 2016 Dividend

Company marks its 6th consecutive quarterly dividend since the Fund’s inception.


LAS VEGAS, July 7, 2016 /PRNewswire/ — Crystal View Capital, a private investment partnership (“Crystal View Capital”, “The Fund” or the “Company”) announced last week that its Board of Directors has declared a quarterly cash dividend for the 2016 2nd quarter of 8 cents per share or 8% return per annum on the Company’s class B Partnership units.  Management has offered guidance that the company intends to make subsequent quarterly distributions in the 3rd and 4th quarters of 2016.

The Company also announced today that it has two additional acquisitions totaling $5,450,000 of Industrial/Self Storage properties in Northern California scheduled to close by Aug 20th 2016.

Matthew Ricciardella, Investor & Managing Partner, commented, “It is our goal and intent to compound the Fund’s per share Net Asset Value (NAV) by at least 20% per year while distributing at least 8% on shareholder’s equity.  Our two scheduled acquisitions will bring in an additional $498,634 of Net Operating Income (Est.) and are representative of the company’s disciplined investment approach whereby we buy assets for what they are not what they can be. The investment philosophy is simple and does not change – we concentrate our efforts on properties that have a durable competitive advantage to retain tenants, which are well located, and generate large amounts of free cash flow.  Our portfolio consists of assets that produce a respectable cash flow stream. My job, in turn, is to allocate this capital into additional highly accretive acquisitions which will produce an even larger cash flow, and then repeat.”  Matthew Ricciardella has been involved in more than $100 Million of real estate transactions as a principal and currently has a significant portion of his personal net worth invested in Crystal View Capital.

About Crystal View Capital

Crystal View Capital is a fully integrated real estate investment partnership based in Las Vegas, NV that acquires, owns, and manages high quality mobile home communities, industrial/self storage, and office properties.  The company currently has $21mm in assets under management (after scheduled acquisitions) located among some of the fastest-growing markets in the country, with highly educated workforces, and strong job growth.  The Company’s focus is to acquire under-performing properties at their current value and then “force” the appreciation by increasing rents and decreasing operating expenses, in effect maximizing the Net Operating Income (NOI).  For additional information about Crystal View Capital and the company’s portfolio, please visit www.crystalviewcapital.com.

Forward-Looking Statements
Statements included herein that state the Company’s or management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, which by their nature, involve known and unknown risks and uncertainties.  The Company’s actual results, performance or achievements could differ materially from those expressed or implied by these statements.

Media Contact:
Matthew Ricciardella
702-541-6379

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Las Vegas Based Investment Fund Posts 16.1% Return for Investors

PR Newswire

LAS VEGAS, Jan. 12, 2016 /PRNewswire/ — As the DOW plunges 1,029 points to date – down over 6% in 2016 alone, financial markets have undergone one of the largest yearly percentage drops in history, and have investors fleeing Wall Street for safe-haven hard assets.  Now more than ever, real estate seems to be a logical choice – providing stability and safety of principal while uncertainty is perverse on the Street.  With significant tax advantages, a possible hedge against inflation, and potentially high yields, commercial real estate may be exactly what investors are looking for.  However this poses the question – How does the average investor find a good commercial property and assuming they do, how do they efficiently manage that property?  Matthew Ricciardella, the founder and CEO of Crystal View Capital, a Las Vegas based real estate fund with $10M in assets under management; specializing in the acquisition and management of income producing properties such as mobile home communities, self storage facilities, and industrial properties says he may have the answer.  “Crystal View Capital is an ideal investment for risk-averse investors who desire strong returns on their capital without having to deal with any of the day to day property management responsibilities.”   When asked about the company’s recent performance and an overview of the company, Ricciardella said, “Our investors are currently realizing a 16.1% return on investment plus meaningful increases in share value all while taking on very little risk.  We pride ourselves as value-oriented fund with a deep-seated commitment to generate superior returns for our investors while avoiding speculation; our portfolio includes “un-sexy” properties that were purchased at a discount to their intrinsic value which we can in most cases significantly add value to in a relatively short amount of time by increasing rents, enhancing the general appearance of the property, filling vacancies, and decreasing operating expenses.   As of late, I think we’ve been increasingly sought out by new investors not only because of our returns, but because in times of uncertainty, defensive investors align with our value-oriented investment approach.”  When asked about the recent turmoil in the financial markets and how that may affect his company, Ricciardella confidently quoted Warren Buffett, “Be fearful when others are greedy and greedy when others are fearful.”   As 2016 shakes out, we’ll find out if the flight from Wall Street to hard assets was an incorrect knee jerk reaction to negative market sentiment or a prophetic decision by sophisticated investors who saw the writing on the wall.