Category Archives: Finance

Accomplishment Journey of Todd Lubar

Todd Lubar as the is the senior vice president of Legendary Investments and as well the president of TDL Global Ventures he ensured as the organizations are well developed and are known all over the world. Though assisting needy people in the community he is a philanthropist who has made the name for himself in the world. Todd has developed the finance and the real estate sector to the next level through ensuring that the organization provides better services. He has a B.A in speech communication from Syracuse University. Through building low-cost houses to the needy people who cannot afford expensive ones they are able to live better lives.

Crestar Mortage Corporation is an organization that Lubar became a loan originator which enabled him to learn more and have enough skills. he also explored all over the world hence he was able to also learn more in the business world. Most of the financial organizers, real estate agents, and insurance agents are the people which he meets with hence they were able to discover more business ideas through sharing business strategies.

Through attainment of $100 million in return at Legacy Financial Group, he became more known all over the world. He as well encourages team work at the organization hence they develop the organization to be more efficient. Legendary Properties LLC is an organization that Todd Lubar began due to the outstanding understanding that he has. Over 200 dealing was done in the organization hence they accomplished a lot of income. Also through providing other organization with efficient management, they are able to be successful.

On patch, he mentioned his success of attaining $20 million is because of the hard work and completing all the transaction that he has done all over the years. First Magnus Financial Corporation is the organization that he was able to start due to the determination and the effort that he put through.

The workers in the organization are well organized and ensure that they offer services that would make the organization to be among the top in the world. In the United States, Legendary Properties is known to be among the largest mortgage firms.

Read the full article about Todd Lubar on patch.com.

Ref: https://about.me/todd_lubar

Richard Blair – article recap

Richard Blair of Wealth Solutions is in charge of a investment and wealth management firm located, and operating in Austin, Texas. It is a Registered Investment Advisory a.k.a. (RIA). Blair states “Everyone needs a solid plan of attack to be able to accomplish their financial wants and desires.” Wealth solutions provides a unique “three pillar” approach to the issue of financial management. This approach allows the firm to effectively discover the client’s financial status, and help them accomplish their goals with quick succession.

 

Pillar #1 – Lay the client’s financial “roadmap”. Lay out the client’s strengths, weaknesses, risks, and opportunities for growth.

 

Pillar #2 – Develop long term plans and strategies of the clients financial goals and wants. It is tailored to each client’s financial status, and their investment goals. The firm manages and reallocated the clients financial assets to ensure maximum financial return.

 

Pillar #3 – Post determining the clients needs and laying their “roadmap” Richard meets the clients needs for life insurance, as well as annuities.

 

 

Richard founded Wealth Solutions in Austin way back in 1994 as he was determined to create financial solutions for those who were in need for wealth management services. His company has done exactly that. They have served, and serve over 300 clients with their wealth management needs. Nearly 25 years of wealth solution management, Wealth solutions continues to provide quality, unbiased solutions for their clients/clientele. Their approach is completely unique, and after risking the waters with their unique strategy, they have discovered a method of managing wealth that is highly effective and keeps his customers coming back and telling friends due to the high success of his methods.

 

In conclusion, Richard Blair’s wealth solutions is a intelligent businessman with great ideas and methodology of how to successfully complete wealth management. The work Richard does could only be completed by providing unique and intelligent solutions to the world of wealth management. Richard has succeeded in doing so, and his work has fulfilled over 300 clients and that number is only growing. Richard Blair’s wealth solutions are very very successful. I most certainly will be using Richard Blair’s wealth management myself.

 

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Devco Yet to Pay on $20 Million CRDA Investment

According to an article published by the Press of Atlantic City , the Middlesex County Improvement Authority has yet to pay $1 million in interest and principal on a $20 million loan. The loan was funded by the Casino Reinvestment Development Authority (CRDA), and was developed by the New Brunswick Development Corporation (Devco).

The loan in question was originally awarded in 2005, and funded The Heldrich, a hotel in New Brunswick, NJ. Since then, about $7 million in missed payments has accrued. The Heldrich is the property of the Middlesex County Improvement Authority, says Atty. Chris Paladino.

DEVCO is a development company dedicated to revitalizing New Brunswick. It was founded in the 1970s and has since been associated with educational, recreational, civic, and residential projects. According to their website, Devco has overseen $1.6 billion in New Brunswick investments since the 1970s.

Projects like The Heldrich and the upcoming Gateway project, developed by Devco’s sister firm, the Atlantic City Development Corp., are supported by New Jersey state Senate President Stephen Sweeney. Sweeney endorses Devco and similar companies, encouraging the funneling of public investment dollars through private corporations.

John Palmieri, Executive Director for CRDA, states that CRDA’s involvement in investment projects like The Heldrich allow for senior lenders to participate. Since the CRDA loan was subordinate to other more senior loans, the senior lenders’ risk is mitigated.

The Heldrich opened in 2007 to limited success; the 2015 occupancy rate was 63.5 percent. Devco has paid $776,000 out of pocket for expenses such as mattress and carpet replacement, in order to keep the hotel afloat, although Maria Prato, Middlesex County Improvement Authority spokeswoman, stated that she believes the loan will be repaid in time. There is a standing order to repay senior lien holders first. Senior bonds have already been paid about $30 million at about 5 percent interest.