.jpg)
PreReal Investments is dedicated to sourcing high-upside assets in emerging US markets and bringing them to life using time-tested methods, innovative technology, and advanced marketing strategies. Our principals have 50+ years of experience and over $1 billion of real estate transactions, allowing us to unlock the true upside potential of your real estate portfolio. We maximize returns to our investors through our unique operating experience formed through years of transforming complex, high-potential real estate. Turtleback Mountain Golf & Resort exemplifies our commitment to creating exceptional value. Elevate your property portfolio while fostering vibrant living experiences in America.
Why Invest with PreReal Investments?
We specialize in identifying overlooked and undervalued markets, strategically acquiring underperforming assets in emerging U.S. markets to unlock their full potential and deliver significant growth opportunities for your property portfolio.
We have over $1+ billion worth of transactions under our belt and currently have $55 million cash invested in New Mexico. $15 million is invested alongside investors in our latest investment offering.
.avif)
From initial acquisition to final development, we oversee every aspect of the project, delivering comprehensive solutions that maximize profitability.
We prioritize investor interests, offering clear communication, transparency, and a commitment to achieving maximum portfolio performance.
.jpg)
Curated Real Estate Investment Opportunities
Upgrade your property portfolio and unlock access to our high-potential real estate investments available to accredited investors for the first time.
.jpg)
.jpg)
.jpg)
.jpg)
Turtleback Mountain Golf & Resort:
Build Wealth By Building A Community
First-Position Equity Investment In a Master-Planned Community Positioned For Success
Located in Elephant Butte, New Mexico, the resort is set against the backdrop of the area's stunning natural beauty
Are you looking to capitalize on the next Hilton Head? Turtleback Mountain Resort & Golf is a strategically planned community-centric, outdoor experience. Join us in the initial phase of our multiphased investment opportunity, guided by the comprehensive vision of the PreReal team. Anticipate equity-like gains with the lower risk associated with debt investments.
.jpg)
Invest in the development & sale of 86 single-family homes, improving 1,000+ lots, and finishing key amenities to attract the largest developers in the US. This 48-month investment aims for a 20.3% IRR, we are seeking $41.9 million in this equity-only investment opportunity open for the first time to outside investors.
.jpg)
Proven Track Record of Success
.jpg)
.jpg)
Latest Investment Opportunity: Turtleback Mountain Golf & Resort
We are seeking $41.9 Million in capital commitments.
.svg)
Turtleback Mountain Golf & Resort aims to deliver 20.3% IRR.
.svg)
Benefit from debt like seniority with equity upside in this round of investment.
.svg)
Invest alongside PreReal to fund the creation and sale of 80+ homes and 1,000 lots as well as Resort Amenities.
Meet Our Team of Experts
Extensive real estate experience with over 1,500 transactions and $1 billion in deals. Expertise in residential, mixed-use, retail, land, and ground-up development." "James' unique gift of vision and tenacity is unmatched
James Prendamano, CEO of PreReal™, has led over $1 billion in real estate transactions, transforming urban landscapes through projects with clients like Goldman Sachs and Nike. Appointed to key NYC economic boards, he also hosts a globally followed podcast and authored an Amazon best-seller.
.svg)
David Berman launched his real estate career in 1989, turning a $36,500 purchase into decades of success. Excelling in property management and diversified developments, he co-founded PreReal Investments, adding value through vision, determination, and risk-taking.
David Berman, co-founder of PreReal™ Investments, has over 30 years of experience transforming complex assets into profitable ventures. A graduate in real estate and urban development from American University, he excels in adaptive reuse and strategic acquisitions across diverse markets. Beyond traditional real estate, David has diversified into ventures like small airport acquisitions and luxury charter yacht operations, demonstrating versatility in hospitality and high-end experiential projects. His entrepreneurial agility and institutional rigor drive innovation in development and investment strategies.
Corporate Communications
A 30+ year marketing veteran and founder of six agencies, he secured $150M in sponsorships and led global campaigns for Levi’s, Disney, and more. He pioneered influencer networks and events, boosting Turtleback Mountain Golf & Resort’s visibility.
A 30+ year marketing veteran, has founded six agencies, secured $150M+ in sponsorships, and driven billions in media impressions and sales for global brands. Leading campaigns for Levi’s, Disney, and the Las Vegas Monorail, he pioneered influencer networks like ReachOrb and shaped events such as the Palm Springs Film Festival. Award-winning strategist and industry thought leader, he elevates Turtleback Mountain’s visibility through innovative, cross-channel marketing.
Dan Fletcher, founder of Beautiful Land Communications, is a marketing leader behind $180M+ growth for Fortune 500 brands, blending retail execution, analytics, and branding to drive TBMG&R’s dominance in residential markets.
With 11+ years transforming brands in competitive markets, Michael revitalized a downward-trending NYC radio station to #3 in the state through data-driven campaigns. His consumer-centric approach builds trust and engagement.
.png)
Rob Nixon, leader of The Nixon Team at PreReal, has executed hundreds of millions in deals. His strategic expertise in investment sales and development drives strong returns for investors and developers alike.
GM/COO of Turtleback Mountain Resort, brings 40+ years of leadership in luxury private clubs like Hammock Dunes and Spanish Trail. A former CMAA National President and Fellow, he champions “Find Yourself…Someplace Real” through New Mexico’s untamed beauty and world-class golf.
With 11+ years in brand transformation, Michael propelled a struggling NYC station to #3 statewide. His data-driven, consumer-first strategy positions Turtleback Mountain Resort for premier market presence and growth.
A PGA Professional and NMSU PGA Management graduate, leads Turtleback Mountain Resort’s golf operations. A two-time Assistant Professional of the Year and PGA LEAD Cohort V member, he excels in tournament management, retail innovation, and advancing industry growth as Sun Country PGA Director and Education Chair.
FAQs
.jpg)
PreReal™ Investments focuses on sourcing overlooked real estate assets in emerging US markets and revitalizing them through strategic development, marketing, and management. We are committed to unlocking the full potential of each property. The value we create for investors is by finding properties with unseen potential. Our expertise extends to multiple real estate classes.
Turtleback Mountain Golf and Resort is a master-planned development project in Elephant Butte, New Mexico, spearheaded by PreReal™ Investments. It includes a championship golf course home to the PGA, New Mexico Open (previously called Sierra del Rio), residential units (planned for 1641 units), a clubhouse, a planned hotel with, a spa, and other amenities. The resort aims to create a vibrant community with a variety of lifestyle options. PreReal is actively developing and marketing this property, seeking investors and large-scale developers.
The resort features a variety of residential options, with 208 finished lots currently available with an array of housing options. Future development plans include a hotel, a spa and gym, and office spaces in addition to the 18-hole Championship Golf Course. The clubhouse offers dining and social opportunities. Amenities also include a pool, 4 pickleball courts, and a tranquil garden.
PreReal™ Investments has made considerable progress at Turtleback Mountain Golf and Resort. They have completely revitalized the golf course and bunkers, designed and installed 4 pickleball courts, a planned golf driving range, a gym, pool, and spa (breaking ground June 1st), prepared and cleared 21 lots for new homes, moved over 4500 yards of dirt, started construction on 10 new homes, and begun building a fence to enclose the golf course. Additionally, they have sold all four model homes, and 15 pieces of real estate in TBMG&R. They also increased the number of golf rounds played, food and beverage revenue, and have secured the title sponsorship and hosting of the New Mexico Open Golf Tournament, New Mexico’s largest golf event.
PreReal™ Investments utilizes a multi-faceted marketing approach. This includes a high-end website that received 29,000 unique visitors, resulting in almost 50,000 page views. They employ digital advertising such as SEM/SEO, Google Ads, social media campaigns, and email marketing. They also utilize PR and media relations strategies, led by experts like Patrick Pharris, to increase visibility and brand recognition. The website and strategic retargeting communications are key for lead generation. In partnership with Equity Check, PreReal investments benefit from Fortune 500 marketing and streamlined investor onboarding processes which Equity Check has successfully used to capture $550 million in real estate investments for its clients.
Data shows that real estate in the region is experiencing an upward trend. Median list prices in Sierra County by 11.6% year-over-year. Within Sierra County, specific home sizes are showing significant growth, for example, 3-bedroom homes have increased by 33.3%. Sierra County offers 4,000+ square miles of opportunity with 340 days of sunshine and 50% of the county designated as Opportunity Zones, unlocking significant tax incentives for investors. The Spaceport America development, just 35 miles from Turtleback Mountain Resort & Golf has created 800+ jobs and continues to attract high-tech industries. The new copper flat mine has also added 400+ jobs to the local economy. Consumer spending on leisure and hospitality has increased year-over-year, signaling strong demand for resort and entertainment experiences.
PreReal™ Investments is led by a team of experienced professionals. James Prendamano, the CEO, has a long successful track record in real estate, he has driven $1B+ in transactions across 1,500+ deals, earning accolades as a Top 100 Leader & Innovator in Real Estate. David Berman, who co-founded PreReal™ Investments with James, has 30+ years of experience in construction and real estate development with a history of revitalizing challenging properties. Other key leaders include John Gibson in golf and event management with 30+ years of experience, Patrick Pharris in PR and social media marketing who has driven $150M+ in sponsorships, Daniel Fletcher in integrated marketing communications who has driven $180+ million for brands such as GM, Jesse Thorpe in hospitality management who boasts 40+ years experience in luxury private clubs like TBMR&G, Eli Eilers/Head PGA professional in golf course management, and Michael McGinn in marketing and
PreReal™ Investments is aiming to attract investors by showcasing the Turtleback Mountain Golf and Resort as a thriving development with strong growth potential. They highlight completed and planned amenities, positive occupancy trends, and revenue increases, and present detailed financial information. They aim to attract accredited investors through platforms like EquityCheck. They emphasize the community aspect of the development, along with the recreational and lifestyle amenities as a way to generate revenue and attract homebuyers. They are also offering below-market mortgage rates to eligible buyers, which provides an opportunity for rapid sales.