When not spending quality time with his eleven year-old son Evan, Tricker participates in various other activities because he considers civic responsibilities a high priority.

Building the FUTURE

In a time when major financial decisions are almost wholly based on the wavering economy, it would seem that the real estate market might be a lower priority for most investors, developers and homebuyers. It is no secret that during the course of the last 18 months, the housing market in Southwest Florida has declined from the veritable boom market of 2004 – 2006. However, it is not unusual for astute entrepreneurs to capture their best opportunities during the time of ‘down’ markets, as our history in the United States will attest, and that is precisely the viewpoint of David Tricker, Chairman and CEO of the Sovereign Group of Companies.
 
Tricker is highly proactive in the real estate market, and is determined to take advantage of unprecedented land acquisitions while price-points are definitively low! The Sovereign Group includes the following member companies: Sovereign Development Group; Sovereign Homes; Sovereign Real Estate Holdings of Florida; Real Estate Resources International; Network Resources International; Living In Naples.com; and The Valmont Group, all of which embrace the real estate market in a clearly defined manner. Succinctly stated, the vision of the Sovereign Group, through its leadership and management, is to provide a complete and comprehensive program, whether it is a development of multiple acres, or a distinctly custom built luxury residence!

Focusing on three of Tricker’s companies, the custom home building company within the group is Sovereign Homes, and utilizes Tricker’s twenty-nine years of experience to set the standard for all home builders in Naples, Marco Island, Bonita Springs and south Lee County. Tricker remains optimistic as he confidently declares that the housing dilemma has created a buyer’s market in our area and provides a sound environment for the discerning buyer that wants to make the dream of owning a custom luxury residence a reality. Sovereign Homes is entirely focused on exceeding a buyer’s expectations, and is set apart from its competitors buy its commitment to production management and quality control. The fundamental criterion is delivering a home that any one of our principals would be happy to have as their personal family residence. It is Tricker’s enduring leadership and inability to compromise with creating anything but the best home possible that has brought his company to the success it receives today.

The real estate arm of the group is Real Estate Resources International, which is a licensed real estate brokerage company. It offers a myriad of services covering the full spectrum of real estate sales and marketing, from land acquisition and development, to the promotion of individual home sales and leasing.
Over the past several years, the company has maintained an exemplary performance record, and more recently was the procuring and managing broker of the 1000+ acre parcel currently being developed as The TPC at Treviso Bay, a multi-faceted private residential golfing community, in the southeastern section of Naples. In addition to the actual sale and purchase, Real Estate Resources International provided significant intelligence as to the Master Plan concept for the community, and was involved in all stages of the development process, including the repositioning of the land use with Collier County, and providing concise input and information to the PGA in their process of evaluating the potential for this community.

Tricker is the company’s, CEO and Managing Broker, and the company, has been involved in large-scale residential developments in the State of Florida since the early 1970’s, and has provided consulting management for major corporations and developers both internationally and throughout the State.

The Valmont Group is the most recent member of the group, and was formed as an equity fund by Tricker and two of his colleagues Catherine Backos and Marcel Seamples, to engage in a combination of investment opportunities and activities in the residential and commercial real estate market in Southwest Florida.

All three principal individuals are uniquely qualified since their combined real estate and development experience exceeds well over 75 years.

Each of these individuals has worked for major homebuilders and commercial developers and has owned their own businesses. As a collaborative effort, The Valmont Group has identified several prime investment and development opportunities that are emerging from the worst economic downturn and the failure of several major publicly held homebuilders and banks. The properties can be acquired at a fraction of their cost and market value, and are not available on the open market.

The company’s activities will involve real estate acquisition, development and sales. Specifically, the company will be involved in five distinct activities: The acquisition of land at a deeply discounted cost for residential development; residential construction; sales and property management services; the sale of improved land to builders and importantly, the return of a conservative and sustainable profit to our investors.

The company’s short term objectives (within the next three years) are to initiate activity in all of the aforementioned objectives, and to achieve an annual profit after year two for our investors. Its long term objectives are: to continue to identify emerging land opportunities in residential and commercial industrial property. The group foresees that the present inventory of homes on the market will be absorbed by 2011. They are also aware that growth will continue in Southwest Florida but that the major hub of business growth and activity on the west coast of Florida will be centered about the greater Tampa area. They see this region as an opportunity to acquire land subject to obtaining entitlements. They do not believe from their experience and the last three cycles in real estate that land acquisition spurred on by a “hot market” justifies the purchase of any property at any price without appropriate due diligence and a fail safe way to protect our capital to preserve our future profitability. Thus each investment will be carefully scrutinized for its marketing and financial viability.

To implement these objectives the company requires the following: private investors seeking long term conservative return on investment; that each property to be acquired and developed must be self sustaining and project profitability through acquisition and development at below industry proforma standards, i.e. in a normal environment, the land cost to home sale price ratio is 1 to 4 or 1 to 5. Our goal is to identify opportunities in prime locations where the land acquisition and development cost is significantly lower than 20-25% of the projected sales price of the homes to be built thereon. This greater margin will allow for the projected sales pace being lower as the market returns from an extended period of market correction.

The company’s overall objective is to address a market segment of the real estate industry that demands integrity and a conservative approach toward real estate development, and to maintain a steady growth in real estate acquisitions and a progressive sales volume to homebuyers and builders that will grow and sustain the company for twenty years.
Market research shows that the population in Southwest Florida has increased by 300,000 between 1985 and 2007. This increase in population brought about speculation and investment that has resulted in this opportunity as we emerge from the present economic recession. Demographic estimates indicate that an additional 150,000 persons will be moving into our area in the next five years.

The financial objectives of The Valmont Group over the next several months are to raise Fifty Million dollars ($50,000,000.) through private equity investors, and will be held by Gibraltar Private Bank & Trust. The funds will be used to acquire at least two properties for residential development. The properties that have already been identified are in prime locations and have development entitlements.

“The real estate market in Southwest Florida is very much a cyclical market,” states Tricker, “and can be clearly tracked as being so.” Tricker’s immediate efforts are designed to capitalize on the current low pricing of land, and then astutely prepare for the upswing of the market! After all, as Tricker further states, “it is far from being rocket science, it is simply applied logic and the establishment of a solid group of people that empowers one to succeed!”

When he not actively engaged in his business Tricker focuses much of his time on his eleven year-old son Evan. “He is my beloved son, in whom I am well pleased,” affectionately states Tricker, “and we do almost all things together! He is unequivocally my best friend,” states Tricker! In addition, Tricker considers his civic responsibilities a high priority and serves on the Board of Trustees for the YMCA of the Palms, and also Chairs their Property Committee and Chairs the Annual Support Campaign. He is also on the Board of Directors for Protected Harbor, a ministry established to build homes for developmentally disabled people. Additionally, Tricker is very active in his church, First Baptist Church of Naples, and occupies leadership positions in the Men’s Ministry, Small Group program and Faith Evangelism.

Tricker was born in England, and was educated in both England and the United States; he holds a science degree from Essex University in England, and attended Columbia University’s Business School in New York. Tricker is a naturalized American citizen, and has been a Florida resident since 1979. In addition, Tricker has resided in England, Dubai and Bahrain. Tricker and his eleven-year old son, Evan, live in Naples.
 
 
The principals of The Valmont Group;
Marcel Seamples, Catherine Backos and Tricker
 
Tricker is also CEO and Managing Broker for Real Estate Resources International, a licensed real estate brokerage company.
FOR MORE INFORMATION
CONTACT DAVID TRICKER DIRECTLY AT: 239.450.5420
OR GO TO WWW.SOVEREIGNFLORIDA.COM
Investment
Opportunities 2009
 
OLDE NAPLES
On the Bay!
This is an outstanding opportunity to acquire and develop 2.5+ acres in a prime location on Naples Bay! The property has been sub-divided into four waterfront lots and is already platted and available to build four luxury custom homes, ranging from 12,000 – 21,000 square feet. This is a high yield project and will offer an investor not only a strong return on the land acquisition, but also the ability to participate in the build profits! There is no better waterfront location in Naples with direct access to the Gulf of Mexico, and each of the residences are within bicycling distance of Third Street and Fifth Avenue, the premiere shopping and dining district of Naples!
 
COCONUT POINT
A Single-Family Community – 500 Homes
This acquisition exemplifies the position of being able to acquire prime land at well below market value. The land was acquired several years ago by a major developer, and taken through the land-use process, and subsequently platted for a residential development. The properly is in a prime location in the rapidly developing Coconut Point area, with close access to all amenities and major highways. The current owner is now keen to sell the property since they are overly burdened with residential land, and they are prepared to accept an amount well below their original purchase price.
Please contact David Tricker for more information on these projects.
(239) 450-5420
 

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