Archive for the ‘Real Estate’ Category

Warren Martin Joins Cherry Bekaert’s Growing Technology & Life Sciences Group

Saturday, August 23rd, 2014


Washington, DC (PRWEB) August 05, 2014

In a great step toward the expansion of its national Technology & Life Sciences group, Cherry Bekaert LLP (“the Firm”) is delighted to introduce the addition of Warren Martin as a Partner. Martin will also head the Technology & Life Sciences group for the Firm’s Washington, D.C. office.

Possessing more than 30 years of professional services experience, Martin will advise technology and life sciences clients in transaction advisory, risk management and capital sourcing. He will also assist companies in the areas of mergers and acquisitions, restructurings, operational reviews and exit strategies.

“We couldn’t be more proud to have Warren lead our D.C.-based technology and life sciences professionals,” said Dawn G. Patrick, Industry Leader of Cherry Bekaert’s Technology & Life Sciences practice. “His industry knowledge and previous success as a managing partner provide the perfect fit for our robust and expanding group, and will reflect positively in our efforts to enhance client services and relationships.”

Before joining Cherry Bekaert, Martin served as chief operating officer of an Amlaw 50 law firm. In this role, he oversaw all administrative and operational functions such as finance and treasury, information systems, human resources, marketing and real estate.

During his 20 years at a Big Four firm, Martin held multiple partner roles including managing a local technology assurance practice, and leading financial advisory due diligence teams for mergers and acquisitions with individual transaction values from $ 50 million to over $ 1 billion. Furthermore, he co-founded a Virginia-based, NASD-registered broker/dealer investment bank, providing sell-side mergers and acquisitions advisory services for technology and government contracting companies.

Throughout the years, Martin has played an active role in the business community as a member of the Board of Directors for the Mid-Atlantic Venture Association, the Northern Virginia Technology Council, and the Wolf Trap Foundation and Associates, and as a member of the Board of Trustees for WETA. Currently, he is on the Board of Directors for Tectura Corporation.

About Cherry Bekaert LLP

As a nationally recognized, growth-oriented firm, Cherry Bekaert has the resources to take your business as far as you want to go. The Firm’s industry specialists already know your marketplace, so they can help you make the most of emerging opportunities while minimizing compliance headaches. With their down-to-earth style and wealth of practical advice, you will find Cherry Bekaert an indispensable part of your team.

Ranked among the largest accounting firms in the country, Cherry Bekaert specializes in offering solutions that impact their clients’ ability to grow. For more than 65 years, global corporations, private businesses, government entities, nonprofits, emerging firms and successful individuals have relied on Cherry Bekaert to guide them forward as their growth partner. | cbh.com







Miller-Valentine Group & Adams Brown Community Action Partnership (ABCAP) Announce Ashley Grove Apartments in Mount Orab, Ohio

Saturday, August 23rd, 2014


Mount Orab, Ohio (PRWEB) August 15, 2014

Ashley Grove Apartments will begin accepting applications in September of 2014 and plans to open its doors in winter 2015. This beautiful, brand new community of one and two bedroom apartment homes, and two bedroom villas, will serve adults 55 and over who desire high-quality, affordable rental housing.

In this pet friendly community, residents will enjoy contemporary floor plans and amenities you would expect to find in an upscale home, at an affordable price: gourmet kitchens with breakfast bar/island, brand new energy-efficient appliances, full-size washer/dryer connections, exceptional closet space, and central air conditioning. The villa homes even include attached garages along with a private patio.

When entering the first floor of the main building, you will find a fitness center; clothes care center; media room; business center; and community room with a kitchen/dining area which will allow residents to enjoy the companionship of friends and family.

Unlike other apartment communities, Ashley Grove Apartments has a personal attention, exceptional move-in and maintenance response commitment that are made to every resident. The professional onsite management team and 24-hour emergency maintenance service are just a few ways that Ashley Grove Associates take care of the hassles of apartment living.

Brian McGeady, Partner & President of Miller-Valentine Affordable Housing Development, says, Miller-Valentine Group is excited to provide outstanding, brand new homes to adults 55 and over in the City of Mount Orab. We look forward to having a long-term positive impact on the City, and all the residents whom we will serve at Ashley Grove in the coming years.

For more information or to submit an application for Ashley Grove Apartments, or other Miller-Valentine Group communities, please call us at (866) 834-0768, email us at ashleygrove(at)propemail(dot)com, or visit YourNextPlacetoLive.com.

About Miller-Valentine Group

Since our founding in 1963, Miller-Valentine Group has been dedicated to quality, value and service. Our vertically integrated companies offer total real estate solutions in the areas of Design/Build Construction, Development, Management, and Financing for both residential and commercial markets. They also provide Renovation, Brokerage, and Leasing services for commercial markets. All of Miller-Valentine Group’s divisions have combined to provide customers with more than 13,000 residential housing units and over 50 million square feet of commercial space.

Miller-Valentine Group develops real estate in the Midwest, Southeast, and Southwest regions of the country, with offices in Dayton and Cincinnati, Ohio, Columbia and Charleston, South Carolina, Ft. Worth, Texas and Miami, Florida. As an industry leader they offer a wide range of residential products, including multi-family, single family, military housing, active adult, independent and assisted living, as well as skilled nursing communities. The company also offers a vast array of commercial products, including office, retail, lodging, healthcare, manufacturing and distribution facilities.







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Home Care Assistance Named One of the Top Senior Care Franchises of 2014

Friday, August 22nd, 2014


Palo Alto, CA (PRWEB) June 25, 2014

Home Care Assistance, a leading provider of in-home care for seniors, is honored to be recognized as one of Franchise Business Reviews Best of the Best: Top Senior Care Franchises. This distinction honors franchise systems that provide the best business opportunities for their owners based on current franchisee satisfaction ratings. Franchise Business Review surveyed 1,300 senior care franchise owners and researched more than 30 franchise companies to rank businesses in the areas of financial opportunity, training and support, leadership, operations and product development, core values, general satisfaction and the franchisee community.

Unlike other companies within the fast-growing senior care industry, Home Care Assistance specializes in full-time care for seniors with a more comprehensive set of needs. This focus on full-time clients produces per-client revenues that are almost three times higher than the industry average; 64% of the franchise locations open at least one year are in the companys Million Dollar Club. With a mission to change the way the world ages, Home Care Assistance helps seniors live well at home through innovative offerings such as their proprietary Balanced Care Method, which emphasizes scientifically studied lifestyle behaviors of the longest living people on Earth, and the Cognitive Therapeutics MethodTM, an activities-based program designed to delay the onset and progression of cognitive decline.

One of our core values at Home Care Assistance is to do well by doing good, said Lily Sarafan, President of Home Care Assistance. Many franchisors focus more on expanding their footprint than on supporting their existing owners. We commit time and energy to providing every individual franchisee with the guidance, systems and support needed to succeed within each community. Our mission is to change the way the world ages; this award is a testament to the strength of our business model and the tools we put in place for all owners in our network.

Home Care Assistance began franchising in 2005 and has experienced 25% year-over-year growth for nearly a decade. Today, the network has expanded to almost 100 locations across North America with projected revenues of $ 150M by 2015. In addition to this award from the Franchise Business Review, Home Care Assistance is also recognized as a Franchise500

Napoli Bern Ripka Shkolnik LLP Secures $8.4 Million Judgment in Case Involving Fraudulent Real Estate Investment Scheme

Thursday, August 21st, 2014


New York, NY (PRWEB) August 13, 2014

In a recent state investment fraud case, the Securities and Commercial Litigation Group at Napoli Bern Ripka Shkolnik LLP obtained an $ 8.4 million judgment on behalf of two companies that had invested millions of dollars that was supposed to be used to develop several pieces of commercial real estate. Instead, court documents show the defendants used that money as a personal piggy bank and refused to repay the investors, relying on a web of companies they had set up to shield them from any personal liability.

According to the lawsuit, the defendants are a family headed by Yehuda Lieb Puretz and include his wife, Tertza Puretz, and his children, Malka Blau and Aron Puretz. The defendants also included the YLPF Trust (initialed after Yehuda, the leader of the scheme) and their fraudulent realty companies St. Marks Homes Realty, LLC, St. Marks Homes One Realty, LLC and St. Marks Homes Two Realty, LLC which were the alter egos of the YLPF Trust.

As shown in court documents, the defendants solicited $ 4 million from the plaintiffs in return for two mortgaged promissory notes, which the defendants refused to repay when the notes became due. The lawsuit alleged that the St. Marks companies were sham companies and set up only to shield the individual defendants from personal liability for the amounts they borrowed from the plaintiffs. Court documents stated that the St. Marks companies were undercapitalized, had not maintained any bank accounts, and had no bank records since at least 2007 when the plaintiffs invested the $ 4 million in the fraudulent scheme. The plaintiffs investment was filtered through the St. Marks companies to the YLPF Trust, with the individual defendants as the beneficiaries of the YLPF Trust.

The judgment entered in the case shows that the defendants cannot hide behind corporate entities to avoid repaying the money they borrowed. The $ 8.4 million judgment includes not only the $ 4 million borrowed but substantial interest for not having repaid the loan for over six years.

The case NCC Capital, LLC et. ano. v. St. Marks Home Realty, et. al., Index No. 501264/2013 was decided by the Honorable David Schmidt of the New York State Supreme Court, Kings County.