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The Government of America has made a loophole in the system and Medicare has exploited it! This loophole allows for them to leave you with the bill for healt…

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Columbus, OH (PRWEB) April 24, 2014

Red Capital Markets, LLC (MEMBER FINRA/SIPC) and Red Mortgage Capital, LLC, respectively the investment banking and mortgage lending entities of comprehensive capital provider RED CAPITAL GROUP, LLC, recently provided a combination of bond underwriting and mortgage banking services related to the acquisition and rehabilitation of a low income, seniors housing property in Arcadia, California.

The transaction utilized a $ 10,125,000 conventional/taxable FHA Section 223(f) loan processed pursuant to FHAs Low Income Housing Pilot Program and funded by Red Mortgage Capital, LLC. Proceeds of the FHA loan will serve as collateral for $ 10,125,000 of short-term, tax-exempt multifamily housing revenue bonds issued by California Statewide Communities Development Authority and underwritten by Red Capital Markets, LLC.

Naomi Gardens is a 101-unit, Section 8 subsidized elevator building in Arcadia, Los Angeles County, CA, and was originally constructed with a HUD 202 direct loan in 1985. The property is currently restricted to serving over age 62 seniors and the disabled, whose adjusted income is no more than 50% of the area median income. The recapitalization will allow the preservation of existing affordable seniors and disabled resident rental units for 55 years.

ReBuild America, Inc, whose principals have been actively involved in the development, construction, rent-up, and management of over 70 affordable rental housing and supportive housing facilities for the elderly and physically handicapped, serves as General Partner. ManSerMar, Inc, provides management for this property as well as 58 other seniors housing facilities across the US.

Developer Cissy Watson of Psalms 127, LLC, said, It was a true pleasure to work with such a top notch financing and development team on the preservation of Naomi Gardens. With the collective experience of the team, along with their professional work ethic, this intricate and complex transaction came together like a well-oiled machine, Watson continued, Every team member played an integral part. Thanks for leading us, Rick Andrews and RED!

Rick Andrews, Red Mortgage Capital, LLC, and provider of the FHA-insured loan said, Working with Rebuild America, ManSerMar and Cissy Watson through the prepayment process of the existing Section 202 direct loan and the new Section 223(f) Pilot preservation loan was a real pleasure. Andrews went on to say, Their extensive experience with the Los Angeles HUD office and the Section 202 direct loan program made a complicated preservation process an easier task for all involved.

Nick Hamilton, Red Capital Markets, LLC, who acted as underwriter of the bonds added, Such transactions are never straightforward, but the expertise and dedication of the development and financing team helped simplify a complicated process. In closing, Hamilton said, Recapitalization of the project with FHA debt and LIHTC equity will ensure that current and future residents enjoy safe, decent and affordable housing for many years to come.

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Tampa, FL (PRWEB) February 05, 2014

Marketdata Enterprises is a 35-year old market research firm that has tracked the U.S. weight loss market and published in-depth studies about it and all its market segments since 1989. It has just released a new report: The U.S. Weight Loss Market: 2014 Status Report & Forecast.

The U.S. weight loss market in 2013 was estimated to contract by 1.8% to $ 60.5 billion. Sales of diet soft drinks, artificial sweeteners and diet dinner entrees fell significantly and most other market segments were flat. This was due to the weak economy and poor job growth, coupled with a trend away from highly processed foods and non-natural ingredients. A lack of compelling new weight loss programs by the leaders didnt help either, according to Research Director, John LaRosa.

Major Findings:

The U.S. weight loss market is now almost evenly split in dollar terms between weight loss products and services — products account for an estimated 49.3% of the total in 2013 ($ 29.8 billion), and services account for 50.7% ($ 30.7 billion). The total market value fell 1.2% last year to $ 60.5 billion and is expected to grow only 1.2% this year.

83% of dieting consumers favor do-it-yourself weight loss programs accessed from home (online or by phone) or the use of diet books or celebrity diet plans (fad diets). This is the highest historical share in 20+ years. This rate remained above 80% in 2013.

Weight loss and fitness apps will lose momentum in 2014, as dieters recognize that these devices can do only so much to motivate them and keep them on track. Some market leaders have been blaming these apps for declining sales, but this is not the only reason. Poor execution, a lack of customized programs, and not serving untapped niche markets are just as important factors.

Retail sales of non-prescription diet pills are down. Prescription obesity drug sales are flat, and have been for years now. The new entrants Qsymia and Belviq have not produced significant weight loss and sales have been paltry since their introduction in 2013.

The one diet product exception seems to be meal replacements (shakes, bars), much of which is sold via MLM (multi-level marketing) channels. Herbalife and Visalus have achieved success here, along with Medifast.

Medical weight loss programs of all kinds are growing, especially small to mid-sized local and regional chains. More physicians are adding weight loss to their practices, and they are being encouraged by the government to get more active in combating obesity.

Herbalife is now the #2 weight loss company in the World, by sales, with estimated North American sales of weight loss products of $ 591 million in 2013 (meal replacements), second only to Weight Watchers and larger than both Jenny Craig and NutriSystem.

Sales of meal replacements grew about 6% to $ 1.35 billion in 2013, largely on the strength of multi-level marketing distribution. Conversely, OTC diet pills sales fell 3.7% to $ 1.45 billion.

Revenues of commercial chains slid 4.5% last year, to $ 3.34 billion. The best prospects for growth for the large commercial chains will be to make inroads in the worksite wellness market and underserved niches (overweight Blacks, Hispanics, teens, college students), and to cement new partnerships with large retailers and female-oriented companies such as Mary Kay, Tupperware, and AVON.

The retail weight loss market will get more crowded this year. The CVS drugstore chain just added its own DASH Diet program to its 600+ mini-clinics. Can Walgreens, Rite Aid and others be far behind? NutriSystem already sells its jump start program via 3,700 Walmart stores. If Walmart decides to develop its own weight loss plan and offer it in-store via its own healthcare mini-clinics, this would represent a major new retail competitor.

Worksite weight loss programs is an $ 859 million market segment, growing 13% per year. They should become more popular under the Affordable care Act.

Dieters are heavier than ever, having put on significant weight during the recession. The combination of increased stress levels and a shift to more comfort food and cheaper fast food resulted in the weight gain. Marketdatas quarterly reports find that the most common weight class, for those starting a diet, is 150-174 lbs., followed closely by those weighing 175-199 lbs.

Many weight loss companies dont yet realize that Obamacare can be a major boost to their revenues. There is a $ 1,625 yearly preventive care benefit, where insurers must cover the cost of up to 14 counseling sessions, an MD exam and lab tests, by a qualified weight loss professional (i.e. Nurse practitioner, MD, Physicians Assistant). Most consumers dont realize this either. This shifts the advantage to medically supervised programs. As well, most consumers dont know that they can take an IRS tax credit for weight loss programs, subject to certain conditions. As a result, programs become a lot more affordable, says John LaRosa.


The U.S. Weight Loss Market: 2014 Status Report & Forecast, published in Feb. 2014, is a 54-page analysis, an off-the-shelf study. The price is $ 595. The report covers: 2013 market performance, recent competitor developments and top management turnover, new programs for the 2014 diet season, the coming paradigm shift from diet products to diet services, dieter demographics/trends, why the Affordable Care Act can be profitable for companies heavy on counseling, CVS drugstore chain enters market with mini-clinic program, threats posed by Walmart and weight loss & fitness apps, bestselling diet books, reasons why market growth is slow why diet companies must execute better, customize their programs, and form new retail partnerships.

Individual Status Reports for the 10 market segments (2013 dollar value, 2014 forecasts) diet soft drinks, artificial sweeteners, health clubs, commercial weight loss chains, OTC meal replacements and diet pills, diet websites & apps, medical programs (weight loss surgery, MDs, hospitals/clinic programs, Rx diet drugs, bariatrician plans, VLCD programs), low-calorie dinner entrees, diet books, and exercise DVDs.


Marketdata Enterprises, Inc., is an independent market research firm and 25-year analy

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The world’s reaction to a powerful Taliban commander in northern Pakistan banning the vaccination of 161,000 children against polio, in retaliation against frequent drone attacks by the United States, has been more or less “no comment.” That is unacceptable, writes bioethicist Art Caplan.

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Certain bone marrow donors could soon be compensated for their life-saving stem cells after federal officials declined to take the matter to the U.S. Supreme Court, allowing a lower court order to become law. Certain bone marrow donors could soon be compensated for their life-saving stem cells after federal officials declined to take the matter to the U.S. Supreme Court, allowing a lower court order to become law.

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Infections with the bacteria methicillin-resistant Staphylococcus aureus (MRSA) have declined in recent years, according to a new study of 9 million people.

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