Posts Tagged ‘Protect’

Investors Select Allegiancy to Protect Well-Performing Clearwater, Fla., Office Building

Allegiancy is a Richmond-based real estate asset manager specialized in office buildings.

Richmond, VA (PRWEB) August 29, 2014

New investors in an 83,000-square-foot, $ 13.75 million office building on Park Place Boulevard in Clearwater, Fla., have selected Allegiancy to protect their asset.

Allegiancy, a Richmond, Va.-based real estate asset manager, is known for its ability to turn around office complexes on the verge of financial ruin.

“But we have proven that we are the asset manager to trust to safeguard a solid investment,” said Allegiancy CEO Steve Sadler.

Since taking over management of the property in December 2013, Allegiancy has executed on the property’s business plan and expects cash flows to remain strong.

“There’s no doubt about it: it’s challenging to walk into a commercial office building that’s struggling to find tenants because the building is falling apart, and the owners have no money to fix it. All the while, the bank is knocking on the door with a matured loan,” Sadler said.

“But when you start managing a property like 380 Park that’s already performing well, you get to think bigger. You can look for upside and think in a different way. You work smart to make things run more efficiently and build more value. That’s something we do very well at Allegiancy.”

The Clearwater property is a Class A office space developed in 2001 by Highwoods Properties, a public REIT. It has has been institutionally owned and managed. Located on nearly seven acres in the desirable area of Clearwater, the property is 98 percent leased to seven tenants. It’s centrally located in the Bayside submarket, an area rich with amenities including retail, restaurants and various services.

Clearwater is the 11th largest city in Florida and is part of the Tampa Metropolitan Statistical Area. Tampa boasts a population of nearly three million, making it the largest in Florida.

The new investors in the property selected Allegiancy in late 2013, shortly after a $ 5.65 million capital equity raise.

“We deliver asset management services to a large portfolio of stable assets, but many times we had to bring them back from the brink first – that is probably what we are best known for,” said Allegiancy’s chief operating officer Dan Simons. “380 Park is definitely the type of asset that we want and are proud to have in our portfolio. It not only provides stability to our portfolio and to our investors, but also allows us to showcase how our technology and operating systems bring efficiency, improved cash flow and value to a property.”

Without the need to focus on emergency efforts to turn around a property, at Park Place, Allegiancy immediately focused on the finer points of execution and “those things that we have always been good at,” Sadler said. “Many owners think that if there are no fires, then everything must be operating well at their buildings. In truth, we have never found a property where the effectiveness of the Allegiancy platform failed to add significant value to the asset.”

Why Allegiancy?

Much like a money manager, Allegiancy is a fee-based asset manager. Allegiancy creates the strategy and execution plan to maximize the value of commercial real estate investments.

“A commercial office building is a stand-alone small business. Yet in most cases, they do not have any leadership,” Sadler said. “No CEO. No president. No one onsite whose equity is at risk. Just a property manager making sure the place does not fall apart.”

As a result, a lot of commercial real estate assets underperform year after year.

“Not because they’re not good real estate, not because someone paid too much, not because the economy is weak,” Sadler said. “They’re struggling because nobody is running the business. That’s our job, to step in and provide that kind of strategic direction and tactical oversight.”

The effective, efficient tactical oversight Allegiancy provides properties is in part thanks to the strategic technology and analytics investments it has made. For example, closely monitoring spikes in electricity output using the latest tools helps Allegiancy identify potential maintenance issues before they become large capital problems.

Allegiancy has recently won new asset management contracts in Georgia, North Carolina, Virginia and Ohio and continues to successfully manage a portfolio of top-performing properties.

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About Allegiancy

Allegiancy is changing the business of asset management for commercial real estate owners and investors. With an advanced technology platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor to an often poorly understood business. Combining its proactive Value Assurance? operational rigor with an intense focus on cash flow and profitability, Allegiancy is expanding on a track record of more than four decades of success.

Headquartered in Richmond, Va., and led by a team of seasoned professionals and more than 100 years of experience, Allegiancy manages properties that have outperformed their peers by 45% since 2006. The company has more than $ 300 million in assets under management (AUM) and delivers clients attractive returns and profitable, hassle-free investments in commercial real estate.

More information about Allegiancy may be found at

To schedule an interview with Allegiancy’s leadership, contact Audrey Bevel at audrey(at)allegiancy(dot)us or 866.842.7545 ext. 204.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Allegiancy, LLC’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the offering circular dated January 14, 2014 and filed by the Company with the U.S. Securities and Exchange Commission on January 15, 2014. The offering circular, and any supplements or updates thereto, is available on the EDGAR system located on

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Related Small Business Press Releases

New Infographic Raises Awareness About Data Breaches, Hacking, and What You Can Do to Protect Yourself

North Huntingdon, PA (PRWEB) March 06, 2014

A new infographic from Century Negotiations, Inc (CNI) reveals startling information about the world of hacking and data breaches. Backed by solid research, including 9 years of studies done by ID Theft Center, the infographic entitled “EXPOSED: Hacking and Data Breaches – The Business of Stealing Information” strives to educate CNI’s clientele and blog readers about this increasingly common form of data thievery. The graphic is available to view on their blog for free, and reveals ways the consumer can protect his/herself from becoming a victim.

As technology increases at an exponential rate, the vulnerability of the consumer continues to demand more attention. It’s not just the PC that’s connected to the internet anymore. For most people, it’s their cell phone, which holds a trove of personal data (including photos, videos, and text messages). Then there’s the rapidly expanding audience of people utilizing wearable technology, such as watches and smart glasses. Even further, home appliances and automobiles are starting to integrate internet technology. It’s inevitable that connected technology will eventually envelope just about every activity people engage in on a daily basis. Although convenient, these advances necessitate new habits to protect personal information.

Along with the consumer responsibility comes the need for businesses and corporations to adopt vigilant privacy policies and technological protection to keep data thieves out. The most recent large scale attack was towards Target stores in December, amidst the busiest shopping season of the year, where a reported 40 million financial records were stolen. Another 70 million records were further compromised containing items like a name and email address. Though unsettling, this is not the first time an event like this has happened. It begs the question then: What are companies doing to crack down on the gaps in technology which allows these hackers to be successful?

While companies fight to keep up with sleuth hackers, there’s also a new level of consumer responsibility that people must take on as citizens of the internet community in order to protect their own privacy. In the blog post and infographic, CNI shares several preventative measures to take that will make it much harder for a hacker to steal one’s information. Bottom line – it’s up to the consumer to make their data well protected and not become the low-hanging fruit that hackers so eagerly seek out.

As a debt settlement company, CNI wants to make sure their clients and blog readers are well equipped not just for the financial roads of life, but also developing best practices that will permeate into their lives as a whole. This includes better online security to protect items like a social security number (SSN) and credit card information, ensuring that hackers will not be able to access this information and then fraudulently charge up the credit or bank accounts.

CNI was founded by Dave Leuthold in 2003 and is now recognized as a leader in the debt settlement industry. He was also involved with the founding of The Association of Settlement Companies and is on the board of the American Fair Credit Council. CNI has settled more than $ 600,000,000 of debt for their clients.

For more information and to view the infographic, please follow this link:

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

Find More Debt Press Releases

IIUSA Supports Inter-Agency Collaboration to Protect the Integrity of the EB-5 Program


Chicago, IL (PRWEB) October 03, 2013

The Association to Invest In the USA (IIUSA), the trade association representing more than 100 EB-5 Regional Centers, supports the recent action of the U.S. Securities and Exchange Commission (SEC) to stop a Regional Center in Texas from allegedly defrauding EB-5 investors. IIUSA also applauds the U.S. Citizenship and Immigration Services (USCIS) for its cooperation with the SEC in the matter.

“Proper oversight, transparency, compliance with – and enforcement of – all applicable securities, anti-fraud and immigration laws and regulations are essential to maintain the confidence of all industry stakeholders and ensure that the EB-5 program continues to bring capital and job creation to American communities,” said Peter D. Joseph, Executive Director of IIUSA.

“Our position is clear: efficient and effective enforcement of U.S. securities laws is as essential for the EB-5 program as it is for any investment vehicle,” said K. David Andersson, President of IIUSA.

The EB-5 Regional Center economic development program successfully spurs U.S. job creation and economic growth by attracting foreign direct investment in the United States. A comprehensive peer-reviewed economic study found that from 2010-2011, investments made through the EB-5 program contributed $ 2.2 billion to U.S. GDP and supported over 28,000 jobs at no cost to taxpayers. IIUSA’s members account for 95 percent of all capital raised through the EB-5 program.

IIUSA has a track record of working cooperatively with USCIS and other regulatory agencies to strengthen the program through effective enforcement of anti-fraud, securities and immigration law. For example, IIUSA recently filed an amicus brief supporting SEC action to stop a Regional Center and developer from making misleading claims about investment opportunities.

Other initiatives supported by IIUSA include:

An “Investor Alert” jointly issued by the SEC and USCIS that provides prospective EB-5 investors with information on conducting due diligence evaluations of EB-5 securities offerings.

Distribution of guidance published by FINRA for broker-dealers marketing EB-5 related securities.

Support for several important reforms included in the comprehensive immigration reform legislation that recently passed the full Senate that would strengthen law enforcement and national security protections.

“Investments made through EB-5 Regional Centers provide a new, vital source of funding for local economic development projects, often in partnership with local governments and economic development agencies. These successful projects are revitalizing communities across the country, creating and supporting jobs, infrastructure and services,” noted Joseph. “Protecting the integrity of the program is critical to continue bringing jobs and economic benefits to cities and towns across the country.”


Founded in 2005, the Association to Invest In the USA (IIUSA) is the national not-for-profit industry trade association for the EB-5 Regional Center Program, representing well over 100 Regional Center members that account for over 95 percent of the capital flowing through the Program. IIUSA represents the industry in government and public affairs, telling the story of how the EB-5 Program has become a fundamental part of U.S. economic development policy – with operations covering advocacy, industry development, and education. An essential part of IIUSA’s mission is to stimulate economic development and job growth through continued success of the program as well as advance and maintain industry standards and best practices.

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

Agora Commodities, a Gold and Silver Bullion Dealer, Continues to Protect Customers Online 4th Amendment Rights by Offering Unsene

Los Angeles, CA (PRWEB) July 29, 2013

Agora Commodities was the first gold and silver bullion dealer to declare they respected their clients privacy by offering encrypted email for all customer correspondence. By offering Unsene as an incentive to its customers now, Agora Commodities is renewing it commitment to protecting their clients most precious commodity, their privacy.

Unsene, in partnership with Before its News has unveiled a Next Generation Communication Platform that will offer end to end encryption providing private and secure messaging with anyone anywhere.

The platform will provide all the communication needs that people the world over have come to depend on including instant messaging, video chat, and email with the exception that it will go via military grade encryption. Furthermore, Unsene has pledged to never hand over clients personnel information meaning that people can communicate all over the world without the fear of being censored or monitored.

Agora Commodities is the latest link in the evolution of sound money collection. We offer our clients the lowest premium gold, silver, platinum, and palladium products. We continually seek to provide the fastest, easiest, and safest bullion purchase methods. including Dwolla and Bitcoin, so that our clients may protect themselves against the debilitating effects of inflation and the wealth destruction of the middle class. Visit today to see how we can help you survive the world wide currency collapse that we are all facing.

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.