In February 2016 the Middlesex County Improvement Authority did not make payment on a $20 million loan from the Casino Reinvestment Development Authority (CRDA) as reported by Press of Atlantic City. The loan was for the construction of a hotel and conference center in New Brunswick called the “Heldrich”.
The New Brunswick Development Corporation (Devco) received the funds from the Improvement Authority and was responsible for the hotel’s creation. Christopher Paladino, who heads the corporation and was responsible for arranging the $20 million loan, said, “CRDA will be paid, but it’s going to take a couple more years.”
DEVCO, established in the 1970’s, has managed over $1.6 billion in development investments for New Brunswick. Most of these projects have been for mixed-use. The funding for these projects have come from both private and municipal sources.
The total for the hotel loan was $107 million. The CRDA chipped in $20 million and the rest came from municipal bonds issued by the Middlesex County Improvement Authority. The hotel is supposed to repay the bonds from revenues. Opening in 2007, the hotel has yet to be profitable. Devco recently had to insert $776,000 of its own money to replace mattresses and carpets.
Paladino also runs the Atlantic City Development Corporation and will be using $120 million from the CRDA to develop the Chelsea Gateway project. This project is a satellite campus for Stockton University.
Officials from the Atlantic County Improvement Authority believe the Chelsea project won’t see the same difficulties the Heldrich. They believe the loan for the new campus to be secure and carefully underwritten.
The one bump in the road for Devco may be the bill that governor Chris Christie signed that bars any state agency from giving money to a business or nonprofit that has defaulted on a state-issued loan.
M&A Advisor announced that Madison Street Capital was one of the finalists for the 2016 awards. This will be M&A Advisor’s 15th annual awards ceremony. The awards are highly revered as the peak of achievement in the field of finance. The body was founded in 1998. Over the years, it has been recognizing deal-making excellence. In addition, it takes cognizance of the leading entities in terms of restructuring and financing. Through the awards, successful companies are connected with top performers as well as successful companies and individuals throughout the world. Apart from being nominated for Boutique Investment Banking Firm of the Year, Madison Street Capital has also been nominated for the International and Industrial Deal of the Year in the category of under $100MM. This nomination was made in recognition of the leading role that the company played in facilitating Dowco’s acquisition of Acuna & Asociados S.A.
The senior managing director of Madison Street Capital, Karl D’Cunha, played a pivotal role in facilitating the transaction. The founder and chief executive officer of Madison Street Capital, Charles Botchway, expressed the company’s pleasure of succeeding in helping their long-term client, Dowco, with the acquisition process. He went ahead to express their humility for being nominated for the Boutique Investment Banking Firm of the year category. Karl pointed out that the acquisition of the Acuna & Asociados S.A. was a complex transaction. He was happy for being recognized for the hard-earned achievement. The winners of the awards are scheduled to be announced in November 9 2016, at the New York Athletic Club. This information was originally reported on Benzinga.com as outlined in the link below http://www.benzinga.com/pressreleases/16/08/r8401008/madison-street-capital-announced-as-finalist-for-the-15th-annual-m-a-ad
About Madison Street Capital, LLC
Madison Street Capital is an international investment banking company based in Chicago. It provides corporate financial advisory services and financial opinions to its broad client base. In addition, Madison offers advice on merger and acquisition expertise as well as availing valuation services to both private and public businesses. The company works on the principles of excellence, integrity, leadership and service, which enables clients to prosper in the global market place. These services range from raising of capital and financial advisory services to M&A transactions and transfer of ownership. They help businesses with their acquisition and selling processes besides creating solid exit plans and offering solutions on corporate governance.
The company has enlisted the services of experts. These professionals ensure that each client is able to start businesses and brands that match the unique clients’ needs. Over the years, the company has continuously focused on significant assets in the upcoming markets. This is because these emerging markets are the core components for clients’ growth. The company’s team of professionals is highly talented and has a deep understanding of the clients’ diverse needs. Madison Street Capital is highly committed to enhancing customer satisfaction. To this end, they have embraced the client’s goals and objectives by observing high standards of professionalism. The investment-banking firm has other offices in North America, Asia and Africa. This information was originally published on
Madison Street Capital’s website as provided in this link http://madisonstreetcapital.org/
Follow Madison @MadStCap
Securus Technologies, the company that raised is profile last year by purchasing the electronic payment company Jpay Inc, has more news. Securus has worked with JLG Technologies to create a software program called Investigator Pro. Securus Technologies has incredible skill in forming key partnerships that allow it to be the premiere provider of criminal and civil justice technologies worldwide. Through its honesty, and business acumen Securus Technologies has a presence in corrections, monitoring, investigation, public safety and more. Securus is on top of the needs of these industries and as a result it decided to have the Investigator Pro 4.0 software developed which will change the way investigators work on many crimes that occur within the prison system. Securus Technology aims to be a valuable partner to law enforcement and all criminal investigation organizations within the nation.
The Investigator Pro 4.0 is a program that is specialized at analyzing vocal patterns. It is so adept at analyzing them that it can differentiate between different human voices on a phone call, isolate that voice, and then search through a massive array of calls made in the past to find other instances of that voice. There are many calls made within the prison system on a daily basis that use Securus Technologies phone call system. Some of these calls are innocent efforts by family members of inmates to stay in touch. Other calls are less innocent. They are being made by members of gangs in order to coordinate criminal activity. In some situations, gang members may reveal information that is useful to criminal investigators in solving some crime.
The Investigator Pro 4.0 can connect the dots together like no other software that has ever been developed. Thanks to Securus Technologies corrections officers and law enforcement have another valuable tool that can be used in the battle against crime.
A lip balm is a product designed to protect lips from becoming too dry. Depending on the ingredients used in a balm, it could also be created to guard against the harmful UV rays of the sun. The ingredients used in creating a lip balm will also give the balm its consistency. Some lip balm products have more of a waxy consistency, which could make them feel stiff and unnatural when applied to the lips. Lip balms could also contain elements designed to give lips a touch of color when applied. The best lip balms should make lips feel smooth and silky, while also adding protection.
A New Approach to Lip Balm
While there are a number of different brands of lip balms on the market, one brand stands out from the rest. The line of lip balm products from Evolution of Smooth contain superior ingredients that protect lips while also making them smooth and supple. Made with antioxidant ingredients this line of lip balms actually helps lips become healthier. An antioxidant is a key ingredient to have in a lip balm since lips are constantly exposed to the outside elements. The Evolution of Smooth lip balms also contain beneficial vitamins and essential oils to help keep lips smooth and supple.
Not only does EOS provide people with lip balms that improve the condition of their lips, but they also give them a range of choices to fit the different lifestyles they live. The company’s line of Organic Smooth Spheres are made using all natural ingredients, which are also ninety-five percent organic. They also offer a line of Organic Smooth Sticks for those individuals who prefer using the traditional stick rather than the ball form. These superior lip balms come in an array of tantalizing flavors, which include Strawberry Sorbet, Sweet Mint and Pomegranate Raspberry. get their products on Walmart and eBay online. Visit https://evolutionofsmooth.com/ for more info.
Since the launch of Talk Fusion back in 2007, their mission has always been to help people. Their motto is to help people realize their dreams and help them build a better future. Talk Fusion is also dedicated to giving back to communities, businesses, and charities around the world. Nobody shows a higher level of commitment than the company’s own founder and CEO Bob Reina.
Bob Reina has always been about giving back as he believes in making the world a better place. With a talented IT team behind him, Bob makes sure that Talk Fusion always comes out with the latest and greatest video technology products. Bob is they type of person who wants to lead by example, which is why he has made personal donations to various charities and organizations. He has donated $1 million to the Tampa Bay Humane Society, which is the largest donation the society has ever seen. He has also donated money to help save the lives of thousands of animals and donated to an Indonesian orphanage.
Bob even took it one step further by allowing Talk Fusion Associates the chance to donate one free charity account to the charity of their choosing. With this free account, charities are able to have full access to all of Talk Fusion’s video marketing solution products. These products include Video Email, Video Chat, Video Conferencing, and Video Newsletters. Charities will also be able to customize these products to fit their brand. This is a great opportunity for charities and other non-profits to get their name out there and spread their message to people all over the world.
Talk Fusion is the world’s first all-in-one video marketing solution. With these video communication products, spreading the word has never been easier. These products are user-friendly and affordable, so anyone can use them. Video communication products are becoming more and more accepted as it is a much faster way to reach people across the globe. If you are interested, you can try Talk Fusion for a 30-day free trial period and see what Talk Fusion can do for you and your business.
Are you in need of Reputation Defender service for your company? Not sure what people see when they look you up on the Internet? Perhaps you are already aware of the benefits of having a reputation management system in place.
Reputation management is absolutely essential for every business owner, entrepreneur, organization manager and professional. You’ve spent years building your brand. You’ve invested time, energy, and money. You’ve missed fun activities and recreational events as you’ve worked hard to create your business. You finally feel as though you have reached your goal of having a successful business, but then the sales and revenue are not coming in.
If your customers or clients are reading derogatory reviews about your company, it is extremely important to take action and suppress that derogatory content and promote appealing image about you and your business.
The Internet makes it easier for professionals and businesses to promote their product or service, but even one misstep has the potential to ruin their brand image and damage their reputation online, ruining all their efforts in an instant.
Nowadays, people research companies and professionals before deciding whom to deal with. They go online and type in keywords or search phrases related to the business, product they want to purchase. Sometimes, they simply search a person’s or company’s name to find out what others are saying about them.
Companies that have a bad reputation find it extremely difficult to survive online. Negative reviews and derogatory information about your company or brand can have a devastating impact on your future or business growth. If you are not sure what people see when they search you or your business online, it is imperative to have a system in place to monitor and keep track of this issue.
To ensure that only positive information about you and your company appear when people search you online, you need to set up a reliable online reputation management system. Find a well established team of reputation management experts who can help monitor discussions and reviews about your company, and address issues appropriately.
Don Ressler is the CEO of Fabletics and the co-CEO of Just Fab Inc., but to those in the business world he is known as an entrepreneur who never stops. Since he first entered the business world Ressler has been hard at working creating companies and then expanding them to sell or expand. Don Ressler has watched several of his companies take off and as the co-CEO of Just Fab Inc. has been able to watch his latest venture take on an entirely new life of its own along with his business partner Adam Goldenberg.
As mentioned, Don Ressler has been working hard since he left school and has seen his success through the take-off of various startups. His first startup was called FitnessHeaven.com, and he was able to sell it off to Intermix Media in 2001 and then use the funds to help form Alena Media with the then COO of Intermix, Adam Goldenberg on latimes.com. Together they were able to generate hundreds of millions of revenue from Alena Media. However, Intermix was later purchased by News Corp where they felt that Intermix was being ignored. Since they had no reason to stay, they thought it was time to take their expertise and start afresh.
They already knew about how to propel through the world of online performance advertising and so they created a new brand called Intelligent Beauty at http://www.mysubscriptionaddiction.com/category/fabletics-review. Under this brand name they created DERMSTORE and SENSA which were both innovative products within the fitness and health marketplace. While the company does not release its exact financial results, the companies are both said to be achieving high profits that were likely only tipped higher when they received funding from Technology Crossover Ventures that totaled up to $43 million.
At this point, most people would consider themselves successful, but Don Ressler just kept going. In 2010 they created JustFab, the subscription fashion website that has millions of users to date. It is extremely well known and has even had celebrities such as Avril Lavigne launch products through it. Once again, they continued to expand creating FabKids and then The Fab Shoes. Not done yet, they created Fabletics in 2013 along with Kate Hudson. IN the last few years the company has purchased several rivals and expanded their services opening up an offline headquarters and continuing to raise money leaving the last company valuation to reach $250 million.
Located in lovely Switzerland, Mike Baur’s startup factory is planning a session to assist those who want to make it big in business. Baur is the Co-Founder and Managing Partner of the Swiss Startup Factory. He is also the keynote speaker for the Investor Panel that will be hosted there. Baur was formerly a banker with Clariden and Salffort. Baur is assisting Hartweg in identifying budding investors who could potentially make a difference with digital technologies. Hartweg will invest in their companies, if they are viable.
The partnership is scanning Swiss universities for young people who have great ideas that could yield a big return on investment for Hartweg. Baur is focusing on finding digital oriented innovations, giving the ongoing surge in demand that was partly brought about by the popular Apple iPhone. With apps now available, there is plenty of space for young innovators to step in and make something interesting that can be a game changer in the competitive digital market. Baur will serve as a trainer for the group, helping them bring their ideas into reality.
One of the game changing ideas is the free cost of the startup session. Mike Baur is using the no charge as bait to entice new entrepreneurs who otherwise may not be able to attend. Hartweg is hoping for ideas.
For the START Summiteer, entrepreneurs will have a chance to share their ideas before some of Europe’s most prestigious investors. 300 entries have been chosen, and the 30 best will be share their ideas. There will be an audience of 80 investors who will listen in. CTI invest and the Swiss Startup Factory will work together to grow Switzerland’s economic innovation level. Having new ideas from young people should assist these organizations, as many times, corporate bloat impedes revenue growth. They will be emphasizing “Playing Lean,” maximizing return on investment, while keeping the investment total as efficient as possible. CTI Invest is the top startup backer in Switzerland. Switzerland has a reputation for high living costs, so it helps to have an organization devoted to helping businesses succeed there. Mike Baur will lead the way in pioneering new growth for old players, by gathering innovative ideas from students
One of the most successful women in the medical field to come out of Austin, TX has returned to the city to make her expertise and experience available to the residents of the city. There is an old saying that “you can’t have it all”. Dr. Jennifer Walden never apparently was made aware of that colloquialism when she was growing up in Austin, TX. She must’ve heard something more like “You can have whatever you work for” because that’s exactly what she did.
She is certainly one of the most notable female plastic surgeons in the United States. She sits on the board of the National Aesthetic Plastic Surgery Association. She is one of the only women to every do that. She has also been recognized as a great plastic surgeon by publications like Harper’s Bazaar. Her hard work, knowledge, expertise, and dedication to her patient’s happiness have not gone unnoticed.
She grew up in Austin. She also went to school there. She received both her undergraduate and her medical degree from the Univeristy of Texas. She studied plastic surgery at the University of Texas at Galveston. she has said that she chose plastic surgery because the operations saw such immediate results for patients. She also likes the creative and artistic aspect of plastic surgery. Walden was also guided by relating to the self-esteem issues of fellow women when it came to their looks.
After college, Walden moved to New York City where she was a resident at the prestigious Manhattan Ear, Nose, and Throat Hospital. When her residency was finished it came time to open a private practice. Walden developed this practice for years and was extremely hard working. This is when she decided she needed something a little more out of life. She wanted to start a family.
Her work and lifestyle left little time for dating or romance. She wanted kids but didn’t have a husband. This is why she chose to become pregnant via in vitro fertilization. Once her kids were 2 or 3 she realized that she wanted them to grow up around their extended family. This was the reason that she moved back to Austin to rebuild her practice three years ago.
Davos Real Estate Group, a company associated with David Osio, has introduced to the real estate business an app named Davos CAP calculator. The app will help its users calculate and estimate what they are likely to earn as returns from any real estate investment. http://www.wrcbtv.com/story/32284716/david-osio-and-his-executive-team-at-davos-real-estate-group-launch-its-new-real-estate-application
Davos Real Estate Group is an independent company that is under the umbrella of Davos Financial Group. The group is among the Latin American market leaders operating in the financial service sector. The group’s aim is to provide an investment opportunity that suits each of their clients.
The company is keen to provide services and products that are compliant with the industry regulations and meet the high industry standards. This is made possible by a professional team that runs the organization and ensuring that they are duly licensed to sell all the services they offer.
Davos Real Estate Group embarked on a six-month project to design and develop a tool that would enable their clients to determine how much they will gain if they invest in a property. It also makes it possible for a client to share his or her real estate history with Davos agents via chat.
The application was developed and designed to use the latest technology making it possible to be used on Android and Apple devices. The company stated that the app was the first in a series of applications that they are developing. They intend to develop apps that will enable their clients to identify profitable properties using their mobile devices.
The app will also enable its users to estimate the amount of rent that a property is projected to earn. This will help them to invest in projects that they feel will suit their desired financial goals. The investors using the app are set to have a clearer projection of how much their investment can earn them.
Davos real estate agents are led by a competent and experienced businessman, David Osio. He serves as a director in the company. He is a graduate of Católica Andrés Bello University. Read more: http://www.davidosio.com/
David Osio has worked in various capacities in his career. He started out as the vice president of commercial banking in Banco Latino International where he served for four years before forming the Davos Financial Group in 1993. Learn more: http://www.slideshare.net/davidosio
He has served in the company as president and CEO for over 22 years. He has gained experience and expertise in his reign and is a big name in the Spanish community and in Miami. David Osio is an expert in asset management, corporate planning and tax, succession planning, banking, and portfolio structuring.