Disclosure: Rose Law Group represents SLM Land Holdings
AZBigMedia
There is a familiar name behind the deals, but it’s a new company that’s making them. SLM Land Holdings is a new venture between three women that is entering the land investment world in Maricopa County and beyond. SLM brings extensive market knowledge and puts land investment opportunities within reach for small investors who are getting priced out of prime parcels as land values rise.
“Based on my experience in the land business, several friends and family members have approached me over the years about wanting to invest in land. Quite often they don’t know how to go about identifying the right land parcels, since they don’t have much knowledge or experience investing in land,” said one of SLM’s founding partners, Anita Verma-Lallian. “As land prices rise for a smaller investor, the type of property that the smaller investor would be able to buy, let’s say for $100,000, is going to be fairly limited and not necessarily in the best location. What our group offers is access to high-end properties which are in strategic locations, that would be unavailable to a smaller investor individually.”
SLM Land Holdings was formed by Eileen Jain Sahai, an attorney, Smita Patil Mehta, a physician, and Verma-Lallian, who gained extensive training and experience while working with Vermaland, one of the largest land holding companies in Arizona. The venture is an opportunity for Verma-Lallian to combine forces with two close friends and branch out with their own company, unaffiliated with Vermaland.