Cold Spring Capital Inc.

In 2005 we formed Cold Spring Capital Inc as a special purpose acquisition company to take advantage of asset buying opportunities in the land and timeshare sectors.

We raised $120 Million in a Deutsche Bank led IPO (AMEX: CDS).

Cold Spring Capital Inc terminated its announced acquisition due to earnings issues at the proposed target company. Because the timing constraint inherent in the specialty purpose acquisition company vehicle made selecting an alternative target impossible, Cold Spring Capital Inc returned its IPO capital to investors.

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Highlights

DFC launches new website Developer Finance Corporation is excited to announce the launch of the next generation website for www.developerfinance.com. The site features the same resources that the Developer Finance Corporation team has been offering to the land and timeshare industries for decades, but with a fresh new look and feel. We invite you to take a tour today!

DFC establishes DFC Property Advisors One result of the recent financial crisis has been the need for our land subdivision expertise. Banks that find themselves owning unfinished land subdivisions face tough choices. They can hold them and hope for better times or liquidate them for pennies on the dollar. With DFC Property Advisors we can now offer banks an attractive alternative: we can complete the subdivision and market and sell the lots at retail rather than liquidation prices. Click here for more details.