Posts Tagged ‘signs’
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.
Farmers Branch, Texas (PRWEB) January 27, 2014
Techway Services announced it has been selected by HealthTrust to provide IT asset recovery and recycling services for the nearly 1,400 acute care facilities which are part of the HealthTrust membership.
With the selection of Techway Services, HealthTrust can now offer its members data eradication and technology recycling services that are essential for compliance in todays increasingly regulated healthcare environment. Through our highly specialized national account management team, we will provide superior services which will assist HealthTrust member facilities in maintaining healthy financials, securing sensitive data, and protecting the environment, said Cathi Coan, president of Techway Services.
HealthTrust member facilities will now gain many value-added services, including onsite hard drive and tape media data erasure and shredding services. These services will help members to mitigate risks concerning customer information residing on e-media devices and aid in compliance with HIPAA requirements. Members will benefit from national IT asset disposal services including onsite data eradication, purchase of excess equipment and environmentally friendly disposal of retired IT assets and reverse logistics.
ABOUT TECHWAY SERVICES:
Techway Services is an award winning, woman owned business nationally recognized for end-of-life IT services. The mission of Techway Services is to work collaboratively with clients to maximize their return on excess, retired or surplus electronic equipment. Techway is committed to reducing liability exposure by ensuring equipment is properly processed and disposed of in an environmentally safe and compliant manner. Techways specialized team operates in accordance with a multitude of applicable laws governing IT security data security. Techway Services offers proper disposal solutions for the worldwide issue of electronic waste. Techway ensures zero-landfill disposal, is EPA registered and operates within ISO approved procedures to stay ahead of changing state and federal regulations. To learn more, visit techwayservices.com.
HealthTrust (legally known as HealthTrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total cost management solutions, including supply chain solutions and a contract and service portfolio unparalleled in quality, scope and value. HealthTrust (http://www.healthtrustpg.com) serves 1,400 acute care facilities, 800 ambulatory surgery centers and members in more than 10,600 other locations, including physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tenn., HealthTrust is closely integrated with the proven capabilities of Parallon (http://www.parallon.com), a leading provider of healthcare business and operational services, including revenue cycle management, workforce and technology solutions.
Governor Signs Healthcare Bill
Governor Terry Branstad signed the Health and Wellness Plan Bill into law at the Mason City Clinic Thursday morning. “Up until the end of the session very few people believed this could really come together, and that we would actually get a bipartisan …
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Oregon Health Care Funding Bill Passes in Senate
The bill would bring nearly two billion federal dollars to the Oregon Health Plan. Officials say with the added funds, another 300-thousand more people will be provided health care from the Oregon Health Plan. The bill will now head to Governor …
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New Jersey's Christie vetoes Medicaid expansion bill
(Reuters) – New Jersey Governor Chris Christie vetoed a bill that would have expanded Medicaid eligibility under the healthcare law known as Obamacare, his office said on Friday, in an apparent reversal of position for the presumed 2016 Republican …
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BRUSSELS (Reuters) – Belgian cancer treatment equipment maker IBA said it has signed a $ 40 million deal for the installation of a treatment facility in Louisiana.
October 22, 2009 | 11:13 The President speaks at the signing of a bill that will increase the VA budget, help fund the post 9/11 GI Bill, and dramatically increase funding for veterans health care. October 22, 2009. (Public Domain)
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Who creates harmony the world over? Women. Who signs peace deals? Men Story from: www.guardian.co.uk Image Attribution: Public Domain? Report calls for more balanced approach to resolving conflict and says female view on freedom from violence is neededAround the world women make peace in their homes and communities on a daily basis. But when it comes to negotiating and signing peace deals on a national or international level they are almost universally shut out according to a report that calls for a more balanced approach to resolving conflict.A 2000 UN security council resolution that called for equal participation for women in “the maintenance and promotion of sustainable peace” has been almost totally ignored not least by the UN itself says the report. There have been no female chief mediators in UN-brokered peace talks and fewer than 10% of police officers and 2% of the soldiers sent on UN peacekeeping missions have been women.Fewer than one in 40 of the signatories of major peace agreements since 1992 have been female according to the UN development fund for women Unifem. They played a bit part in settlements in El Salvador Guatemala Northern Ireland and Papua New Guinea but in 17 out of 24 major accords ” including Croatia Bosnia Sierra Leone Burundi Liberia Sudan and the Democratic Republic of Congo ” there was zero female participation in signing agreements.A report published by the Institute of Development Studies funded by ActionAid and Womankind Worldwide …
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When doctors screw up, someone life is on the line. Maybe that’s why nearly half of U.S. physicians experience symptoms of burnout — think: exhaustion and depression–according to a new study. What symptoms you should look for in your doctor.
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