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Ameri-First Financial Group, Inc. Announces Acquisition.


Business Editors

DALLAS--(BUSINESS WIRE)--Aug. 15, 2000

Ameri-First Financial Group, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AMFR AMFR Autocrine Motility Factor Receptor ) announces the acquisition of the Garland Homegate Hotel in Garland, Texas Garland is a city in Dallas County, Texas, (USA). It is a northeastern suburb of Dallas and is a major part of the Dallas-Fort Worth Metroplex. As of the 2000 census, the city had a population of 215,768, making it the tenth-most populous city in Texas and the eighty-sixth most  located on Interstate 635 and Jupiter Road.

The Garland Homegate is a newly remodeled former Comfort Inn property with 103 rooms. This property carries a current appraisal of $5.1 Million. Ameri-First Financial Group, Inc. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jeffrey C. Bruteyn commented, "This new acquisition is one of many planned for Ameri-First Holdings, Inc., the real estate division of the Ameri-First Financial Group, Inc. The Garland location adds approximately $2.2 Million to the equity of the Ameri-First Holdings division."

http://www.ameri-first.com AMFR Investors Club! (post any comments or questions for the company here) http://clubs.yahoo.com/clubs/amfr

Certain information included in this communication contains statements that are forward-looking, such as statements relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
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Publication:Business Wire
Date:Aug 15, 2000
Words:196
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