PEDCO is an Arizona based land investment company and our current target market is the Phoenix metropolitan area due to the tremendous growth, job creation and in-migration that has occurred over the past twenty years. Our business plan is to acquire reasonably priced un-entitled land (i.e. "raw land") in the path of growth, plat and plan it into mixed use communities and sell entitled lots to merchant homebuilders at a substantial profit. PEDCO acquires property using proceeds from the sale of Investor Interests in a specified Property Private Placement Offering.

 

By acquiring land in the path of growth, we are minimizing the risks to our investors and adding value through the planning and entitlement process. The entitlement process converts raw land to a per lot value to enhance the value of the real estate.

We preserve and protect our investors' capital by acquiring property with all cash or minimal debt, low offering costs (100% of investment is accredited to the property), and deferring PEDCO's profit until our investors are paid first. Proceeds from the sale of the property are used to (in order of priority): (1) retire the investors' capital (2) pay a stated interest return to the investors; and (3) pay the investors a substantial percentage of net profits made on the transaction.

We communicate with our investors on a quarterly basis to keep them fully informed of our progress and current market conditions. PEDCO is solely responsible for overseeing the preparation of distributions and project specific income tax returns.

The experience of the principals of PEDCO bring an impressive combination of successful endeavors in real estate development and investment opportunities. The three principals of Prime Earth Development have a combined seventy-five years of experience in real estate acquisition, syndication and financing, land banking, home building and development.

Investing in raw land in the Greater Phoenix area is the best place to have a significant portion of your investment portfolio due to the combination of safety, appreciation in value, total return on invested capital, and long-term capital gains benefits. We believe that we will earn your trust and confidence with outstanding financial performance.