DALLAS-In a bold move for today’s times, the founder of six-year-old Custom Properties LLC is leveraging the dysfunction in the capital markets and weakened US dollar to revive his firm and plunge into the investment arena. In two weeks’ time, a $250-million book of business has been built from foreign and domestic sources.

Joshua Shatz, owner of the Dallas-based company, has professionals on the ground in London, Baku, Kiev and Moscow. Shatz, who immigrated to Dallas in 1992 from Russia, is pushing a plan to marry foreign and domestic equity and debt to value-add propositions in the US and Eastern Europe.

Shatz tells GlobeSt.com that he has foreign backing from hedge funds and private institutional investors to fuel a plan targeting class A and class B multifamily properties in Texas, North Carolina, New Mexico and Colorado. He says he’s interviewing several well-known local brokers to join him to build a sales arm.

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