I read that same business awhile back when trying to research Ross Miles.
He may ha ve written the info himself one might ask?
On Sat, Jun 29, 2019 at 9:01 AM Scott Hadley <dmarc-noreply@xxxxxxxxxxxxx>
wrote:
To
Ross has been very busy developing many projects. I like you am very
concerned where the money came from to develop these. The Parklands in
camas is one such project. It looks like he invested 1.4 million in this
project in 2017. If your interested in reviewing, here is a copy of his
‘bio’ from the Manhattan street capitol web site.
———————
Ross Miles began his career first as a licensed real estate agent in 1974,
quickly moving into a broker position by 1977, managing a sales force of 25
for one of the largest real estate brokerage firms in the
Portland-Vancouver metropolitan area.In 1979, Ross founded American
Equities, Inc., as a construction company. Soon after, Ross founded his own
real estate company with a 14-person team. He began to buy real estate
receivables as a means to facilitate sales within the company. To furtherhis
overall understanding of investment practices, he became a licensed Series
7 stock broker and also obtained a CertifiedCommercial Investment Member
(CCIM) designation. In 1980, he formed a real estate receivable purchasing
division of AEI, and by 1984 closed his real estate brokerage office to
devote himself full- time to receivable purchasing and real estate
development. His company is now involved in pooled investment vehicles,
utilizing the private placement REG “D” offering exemptions. Ross has been
the sponsor of over 23 “Regulation D” exempted offerings and has
concentrated in real estate development for the last 7, since 2012. They
all have been very successful projects and are all sold or rented,
providing double digit returns to his investors. In the last 5 years,
including projects that are currently under construction, he has been
involved in the development and construction of over 500 homes and lots
totaling over $105,000,000.Throughout the course of his over 40 years in
business, Ross has personally bought, built, owned and developed well in
excess of $300 million worth of real estate, mortgages and various types of
projects involving everything from single family home subdivisions,
apartment buildings, mobile home parks, condo developments, townhomes, rock
quarries, gold mines, a Mexican Marina, motels, restaurants, cattle
ranches, wind farms, warehouses and mini-storages. We believe you would be
hard- pressed to find a type of real estate in which Ross Miles has not
been involved in as an owner/developer. As an expert problem solver, Ross’
meticulous attention to detail and his ability to think outside the box
gives him a keen eye for excellent investments.
—————
Sounds like he was doing pretty well. I don’t know that the money for this
project came from our LLC’s but something took place not long ago to
corrupt the whole operation.
Scott
