Posts Tagged ‘Living’

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This video highlights the calculations for Bad Debt Expense and Allowance for Doubtful Accounts using the Income Statement Method (Percentage of Sales) and a…

RED Provides $ 3.85M Balance Sheet Construction Mezzanine Loan for Discovery Senior Living











Discovery Village at Palm Beach Gardens


Columbus, OH (PRWEB) November 11, 2014

RED Capital Partners, LLC, the proprietary debt and equity banking arm of comprehensive capital provider RED CAPITAL GROUP, LLC, recently completed a $ 3.85 million mezzanine balance sheet construction loan to an affiliate of Discovery Senior Living.

Discovery Village at Palm Beach Gardens will be a 120-unit Class A seniors housing community located in Palm Beach Gardens, FL. When complete, the community will include 30 Supervised Independent Living, 60 Assisted Living, and 30 Memory Care units.

The community will include amenities such as dining rooms, game room, club and bar, Bistro and ice cream parlor, pet park, fitness center, heated indoor therapy pool, movie theater, beauty salon, spa, barber shop, craft center, and garden area.

The facility will also host a state-of-the-art Discovery Zone Media Center with cognitive brain fitness technology.

Discovery Senior Living is an award winning, fully integrated, seniors housing development and management company based in Bonita Springs, FL. Discovery operates 14 senior living communities with over 3,500 units and is actively acquiring and developing in Texas and the southern United States.

Richard Hutchinson, President and CFO, Discovery Senior living, stated, “We are excited about continuing our long relationship with RED. Their experienced, thoughtful and creative approach to financing continues to allow Discovery Senior Living to expand its portfolio of world class communities in an efficient and effective manner.”

Kathryn Burton Gray, Senior Managing Director for RED said, “Discovery Senior Living is one of the premier owner/operators in the country. We are pleased that, once again, they chose RED as one of their capital partners.”

James Scribner, Managing Director for RED said, “We are excited to be working with the Discovery team. We have had a great, long-standing relationship with Richard and his team. For this transaction, creativity was essential – being able to work through the complexities of a mezzanine loan takes expertise and creativity. Additionally, our strong relationship with the first mortgage lender, Community & Southern Bank, was instrumental.”

***

About RED CAPITAL GROUP, LLC

Recognized for its industry expertise, innovative and comprehensive structures, and consistently high rankings, RED CAPITAL GROUP, LLC has provided over $ 55.3 billion of integrated debt and equity capital since 1990 to the seniors housing and health care, multifamily, affordable, and student housing industries through three operating companies. RED Mortgage Capital, LLC is a leading Fannie Mae DUS® and MAP- and Lean-approved FHA lender with a mortgage servicing portfolio of almost $ 17 billion. RED Capital Markets, LLC (MEMBER FINRA/SIPC) is a leader in the distribution of Fannie Mae and Ginnie Mae Project MBS, and provides structuring, underwriting, placement, and advisory services for tax-exempt and taxable housing and health care bonds. RED Capital Partners, LLC provides proprietary debt and equity solutions, and asset management in a range of forms, including subordinated gap and bridge loans. RED CAPITAL GROUP, LLC is a subsidiary of ORIX USA Corporation.

About ORIX USA Corporation

ORIX USA Corporation is a diversified financial company with approximately $ 6 billion of assets in sectors spanning commercial finance, venture finance, commercial real estate and public finance, as well as $ 25 billion of assets managed for others. Operating subsidiaries include Houlihan Lokey, RED CAPITAL GROUP and Mariner Investment Group. Headquartered in Dallas, Texas, ORIX USA and its subsidiaries have more than 1,400 employees and offices in major cities including New York, Los Angeles, London and Tokyo.

ORIX USA is a wholly owned subsidiary of ORIX Corporation, a Tokyo-based, publicly owned international financial services company with operations in 35 countries worldwide. ORIX Corporation is listed on the Tokyo (8591) and New York Stock Exchanges (IX). For more information on ORIX USA, visit http://www.orix.com.

DUS® is a registered trademark of Fannie Mae

For more information on

this announcement,

please contact:

Kathryn Burton Gray

Senior Managing Director

RED Mortgage Capital, LLC

+1 949 485-3240

Kburtongray(at)redcapitalgroup(dot)com

James D. Scribner

Managing Director

RED Mortgage Capital, LLC

+1 203 332 7110

jdscribner(at)redcapitalgroup(dot)com

For more information on

RED CAPITAL GROUP, LLC

please contact:

Lisalynne Quinn

Director of Marketing

RED CAPITAL GROUP, LLC

+1 469 385 1434

llquinn(at)redcapitalgroup(dot)com























Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









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Mayi de la Vega Rejoins the Exclusive Haute Living Real Estate Network











Mayi De La Vega

Key Biscayne/Coral Gables, FL (PRWEB) August 26, 2014

The Haute Living Real Estate Network (HLRN) of HauteResidence.com is proud to recognize Mayi de la Vega as a prominent real estate professional and network partner. HLRN unites a distinguished collective of leading real estate agents and brokers, highlighting the most extravagant properties in leading markets around the globe for affluent buyers, sellers and real estate enthusiasts.

About Haute Living Real Estate Network (HLRN):

Haute Living Real Estate Network (HLRN) of Hauteresidence.com offers readers the most prominent directory of experienced realtors, brokers and luxury listings, and HLRN has grown to be the number one source for real estate news, residential developments, celebrity real estate news and more. Seeking an experienced interior designer? Hauteresidence.com is also home to Haute Design Network (HDN), a collective of celebrated interior designers that will help you decorate your new home or stage an active listing. Access all of this information and more by visiting: http://www.hauteresidence.com.

About Mayi de la Vega:

A visionary real estate professional to the global elite, Mayi de la Vega is the founder and chief executive officer of ONE Sotheby’s International Realty, the fastest growing luxury real estate brokerage firm in South Florida. The firm, with offices in Coral Gables, Key Biscayne, Brickell, Miami Beach, Sunny Isles, Aventura, and Fort Lauderdale is an affiliate of Sotheby’s International Realty, the global network associated with the venerable Sotheby’s auction house, which currently has more than 12,000 sales associates throughout 650 offices in 45 countries and territories worldwide.

ONE Sotheby’s International Realty, was formed in 2008 in the depths of the country’s worst real estate crash with one office and 30 agents, and has today grown to eight offices and more than 300 agents. In 2012, ONE Sotheby’s International Realty recorded sales of more than $ 1.3 billion and was involved in the top 10 highest real estate transactions in Miami. Real Trends also named the firm among the top 10 firms in the nation with the highest average home sales prices.

Mayi’s entrepreneurial spirit was initiated at a young age when she and her father founded Intercontinental Metals, an aircraft distribution company that sold aluminum sheet and plate to the aerospace industry. While serving as president, she raised two small children amid a robust travel schedule that had her calling on clients throughout Latin America and Europe.

After selling the business in l992, she charted a new career course by earning her real estate license and becoming an agent at a boutique residential brokerage firm. She utilized her numerous social and business contacts to cater to Miami’s upscale Coco Plum and Coral Gables neighborhoods, and soon after, formed Stewart de la Vega Group, a real estate firm specializing in luxury sales. Nearly a decade later, she was presented with an opportunity of a lifetime to acquire and build the prestigious Sotheby’s International brand in South Florida.

The international aviation business provided Mayi with a broad global perspective, experience with complex transactions and vast international contacts, which became invaluable as she carved a niche in the luxury real estate business, where she serves discerning buyers, sellers and investors and represents A-list celebrities and Fortune 100 CEO’s. Mayi prides herself on the culture she has created within the company, providing the utmost expertise, reliability and integrity. Her eye-popping multimillion-dollar transactions have set records and regularly make national headlines.

The family entrepreneurial gene runs deep. Her son Daniel, serves as ONE Sotheby’s Managing Partner and Broker, while daughter, Alina, is a top-producing agent.

For Mayi, being a good businesswoman extends beyond the boardroom. She initiated the ONE CIFO Project, a business and art partnership with Cisneros Fontanals Art Foundation and in 2012 launched One for One, a charitable campaign that encourages agents and clients to donate after every sale to benefit Women in Distress and Lotus House, which serve homeless women in South Florida’s impoverished neighborhoods. Dedicated to her alma mater, she is on the Board of Trustees of Florida International University and is also on the Advisory Board of the Florida International University College of Medicine. Passionate about art, she is an avid collector of photography and works by mid-career and emerging Latin American artists. A graduate of Florida International University, she holds a degree in International Marketing and Finance.

To learn more, visit Mayi De La Vega’s Haute Residence profile.























Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









Living Rich with Coupons Offers Top 5 Tips for Back to School Savings with Coupons











Back to School 2013 at Living Rich With Coupons


Lincorft, NJ (PRWEB) July 24, 2013

Record temperatures across much of the country this year are also an indicator of newly available hot back to school deals. With many schools starting back up in a matter of weeks, back to school savings, including printable coupons, are at a premium right now.

“The heart of summer is actually the ideal time to start thinking about back to school shopping and back to school coupons as we see more deals on essentials each week,” said Cindy Livesey, founder of Living Rich With Coupons, whose family of five has saved more than $ 11,000 a year in groceries, reducing their weekly bills from $ 275 to $ 50, with a focus on becoming completely debt-free. “With a variety of coupons and printable coupons, your family can save a bundle and enjoy some great back to school deals this year.”

In 2012, according to the National Retail Federation’s annual back-to-school spending survey, the average person with children in grades K-12 spent almost $ 690 on back to school supplies. In addition to visiting the Living Rich With Coupons Back to School page, with deals updated weekly as well as coupons paired with national sales, Livesey offers the following top five tips for reducing the size of that annual bill:

1.    Don’t overbuy: This is a common mistake made during back to school shopping. Just because an item is discounted doesn’t mean you have to buy 20 of it to last the entire school year. While it’s wise to stock up on great deals when they’re available at the absolute lowest price, it isn’t always wise to buy more school supplies than needed early in the shopping season, because better deals may appear early in the school year. To avoid overbuying or buying unneeded or unnecessary items, use a checklist.

2.    Check your stockpile: Before you buy anything, check to see what you already have on hand. You may already have several needed school supplies, allowing you to save money now and help your budget later in the year when it’s time to replenish supplies.

3.    Know what you need for the dorm: Back to school shopping for college students headed to dorms is a much bigger undertaking, one which can become quite costly if you’re not prepared. Check with the school to determine what they recommend (and your child’s roommate to see what can be shared); Living Rich With Coupons also has a handy College Dorm Checklist post with some more information on essentials needed for college dorm living.

4.    Think outside the box: Thanks to the internet, your options for back to school savings are better than ever. Think Craigslist, Ebay or newer sites such as such as Thred Up, which offers second-hand items for a fraction of the cost. Likewise, thrift stores may have gently used backpacks, calculators and other supplies at a fraction of department store prices.

5.    Don’t overlook grocery store deals on school supplies: If you want to save time and money, use your favorite grocery store’s weekly coupon match-ups to score some great deals on back to school essentials. In particular, look for manufacturer’s coupons, which are also posted on Living Rich With Coupons, that can double grocery store deals on school supplies.

“At Living Rich With Coupons, our goal is to save you money on groceries, back to school shopping and much more. It’s all about helping you live a truly ‘rich’ life by using coupons and enjoying amazing savings throughout the year,” Livesey added.

About LivingRichWithCoupons.com

Launched by Cindy Livesey in 2009, Living Rich with Coupons provides coupons, savings and deals, particular for groceries. The site also offers tutorials on couponing, budgeting and living life debt-free. For more information, please visit http://www.livingrichwithcoupons.com























Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









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Frank D. Isoldi Joins the Exclusive Haute Living Real Estate Network











Frank D. Isoldi

(PRWEB) November 23, 2012

Frank D. Isoldi, a prominent real estate agent in the Westfield NJ market, has joined the prestigious Haute Living Real Estate Network. This exclusive circle of leading real estate agents is invited to bring opulent estates and luxury properties to Haute Living readers. Recognized for his market knowledge, his negotiating skills and top performing results, Isoldi assures that each buyer and sellers’ transactions are as painless and profitable as possible. Haute Living Magazine will feature Frank D. Isoldi as an exclusive Haute Living real estate professional.

About Haute Living Real Estate Network:

Haute Living Real Estate Network specializes in selecting top real estate professionals, creating the most prominent directory for exclusive listings. The network website is an online destination for all things real estate-related and features daily blog posts providing up-to-date news on affluent markets and real estate developments. Access all of this information and more by visiting http://www.hauteliving.com/hlrn.

About Frank D. Isoldi:

A sales associate in the Coldwell Banker Residential Brokerage Westfield East office, Frank D. Isoldi has been ranked by the Wall Street Journal/REAL Trends report as being among America’s Top 1,000 residential real estate agents and teams based on annual 2011 sales volume and transaction sides. Isoldi ranked No. 143 on The Wall Street Journal/Real Trends top 1000 list of sales professionals by transaction volume, closing $ 49+ million in sales in 2011.

Isoldi is currently ranked by the New Jersey Association of REALTORS® as the #1 real estate agent in Union County based on sales performance.

“Frank is known for his dedicated service to his clients through every step of their transactions and we applaud his achievements,” said Hal Maxwell, president of Coldwell Banker Residential Brokerage in New Jersey and Rockland County, New York. “This honor reflects how exceptional he is on both a local and national level.”

To Learn More: Visit Frank D. Isoldi’s HLRN Member Profile at

http://www.hauteresidence.com/member/frank-d-isoldi/























Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









Living in Digital Times and Qualcomm Life to Co-host the Summer Digital Heath Summit in San Diego










New York, NY (PRWEB) June 07, 2012

Living in Digital Times, the parent company for the Digital Health Summit, today announced the addition of Qualcomm Life Inc., a wholly owned subsidiary of Qualcomm Incorporated, as a co-host of the Summer Digital Health Summit: Exploring the Rx for Success. The Summit, a two-day conference offering business and partnership advice in a thoughtful workshop-style setting, takes place on June 14th – 15th at the Omni Hotel in San Diego, CA.

Don Jones, vice president of Global Strategy and Market Development for Qualcomm Life, will deliver a unique keynote, “Digital Health in the Hot Seat,” fielding questions from leading health care venture capitalist and blogger Lisa Suennen and the audience.

“With Qualcomm Life at the forefront, San Diego has become a hotbed of innovation in the digital health arena. We are thrilled that they’ve joined us as collaborators for such an important event,” said Jill Gilbert, Co-Producer of the Digital Health Summit.

The two-day event promises a deeper dive into the rapidly evolving world of technology and health care. Summit events include workshop-style sessions coupled with high-level discussions addressing digital health products and services, start-up advice, partnership workshops, health networks and more. Industry leaders will share current realities, insights and solutions to the many challenges facing digital health businesses today.

“This event reinforces our belief that partnership and collaboration are essential to the long-term growth and success of digital health as a growing segment,” said Don Jones. “And data access becomes an essential part of the analytics based health solutions helping consumers become better managers of their own health.”

Additionally, the Summit has added three new, can’t miss sessions:


    New Doubleheader Session: Selling Successfully to Consumers AND Winning the FDA’s Approval with Stuart Blitz, Director of Worldwide Commercial Development, and Joe Flaherty, Senior Manager of Strategic Marketing from Agamatrix, a leading digital health company that has made extraordinary progress in selling their devices to the number one pharma company, retail store and mail-order company.

    Breaking Through the Funding Clutter with Jack Young, director of Qualcomm Incorporated’s Qualcomm Life Fund.

    Reality Check: Costs, Regulations and Other Headaches with Greg LePeter, legal counsel at Qualcomm Life and lead by Rock Health CEO, Halle Tecco

Other Summer Summit highlights to include:

    Frost & Sullivan will release their latest digital health industry findings: The Top 20 Telehealth Markets.
    Rock Health will sponsor the RX Start Up Series and publish their “lucky to get your hands on handbook” Rock Health’s Startup Elements.
    Unique opportunity to Ask the Analyst in a new and compelling session.
    VIP Networking Cocktail Event: Socialize with industry movers and shakers.

Register for the event by visiting the application online at http://summersummit.digitalhealthsummit.com/registration/ and follow us on Twitter @dhsummit to stay informed.

For more information about speaking opportunities, sponsorship, exhibit area or press credentials, contact Jill Gilbert at jill.gilbert(at)digitalhealthsummit(dot)com.

About Living in Digital Times

An umbrella group focusing on lifestyles, Living in Digital Times looks at digital solutions throughout life’s stages, providing opportunities to show and grow businesses through a deep understanding of the needs of life’s different segments.

With a commitment to creating new and exciting venues, Living in Digital Times produces conferences, exhibits, websites and projects throughout the year that provide forums to bring together stakeholders in the digital age. Most recently, the group produced six expos and conference summits at the 2012 International CES, including: Kids@Play Summit; Mommy Tech Summit; Silvers Summit; Digital Health Summit; FitnessTech Summit; and HigherEdTECH Summit.























Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.