PR Log - May 24, 2012 - Investment Builders, Inc. (IBI), a locally-owned real estate investment, development, and construction company, recently hosted a groundbreaking ceremony to commemorate the start of the construction process for the Villas at Helen of Troy Apartments located in El Paso, Texas.
The Villas at Helen of Troy will be El Paso’s newest resort-style apartments located on the Westside of El Paso. The new market-rate apartments will accommodate the growing number of families in the area. In partnership with IBI, the project is financed by Seminole Financial Services, LLC (SFS), a Florida company providing debt and equity investments for commercial real estate, specializing in short and intermediate term investments.
Ike Monty, President of IBI stated, “The Villas at Helen of Troy will be an exceptional style of living. We’re excited to build these quality apartments that our community members will call home. Our investment partnership with SFS is helping bring these impressive apartments to life and we are very pleased to work together.”
Villas at Helen of Troy will feature 108 units of one, two and three bedrooms. The apartments will have resort-style features including roman & oversized bathtubs, upgraded cabinetry and countertops, covered balcony/patio, large walk-in closets and more. Apartment site amenities will include swimming pool & Whirlpool spa, sand volleyball court, covered parking, shaded tot lot & playground, controlled security gated community access, and much more.
About Investment Builders Inc. Monty has been actively involved in housing developments for over 33 years with over one billion dollars of construction work. In addition, to serving on the Advisory Board for the First National Bank of Fabens, he also serves on the Board for Rio Bravo Title, the Medical Center of the Americas (MCA) Board, and the JINSA Board of Advisors. He is a native of El Paso and has a BA from the University of Texas at El Paso. For more information on IBI, visit their website at http://www.ibitoday.com.