Category: Finance

Finance

Introducing Prospect Financial Group, Inc.’s Top Loan Officer for Quarter 3, 2019

Posted on | by Gray Leo
San Diego, CA, October 19, 2019 --(PR.com)-- Prospect Financial Group, Inc., a leader in the mortgage refinance industry, presents it’s Q3 Top Loan Officer award to Senior Loan Officer Jessie Beckett.

Following Prospect Financial Group’s biggest fiscal month ever, Senior Loan Officer Jessie Beckett has emerged as their official “Top Loan Officer” for Quarter 3. This award is given to the Loan Officer with the highest score out of 13 categories. These relate to metrics like the number of phone calls made to borrowers, number of emails sent, number of rate quotes pitched, number of 5-star reviews, and more. Categories serve as a guiding light for Prospect loan officers to bring fantastic customer service.

When asked about her process in scoring so highly this quarter, Jessie explained,

“Understanding your limits and giving yourself permission to let go of the process is super important to long term success in this business. You have to surround yourself with people you trust and let them help you, or you will burn out. My team is made of people who treat my clients like family, and we work really well together.”

A constant flow of positive Yelp, Facebook and Google reviews for Jessie suggest that her borrowers are very satisfied. In a crowded market of mortgage loan origination companies, Prospect knows it must stand out through fast turn times, great communication and exemplary customer service.

Prospect Financial Group, Inc. offers a wide range of loan products available to fit homeowners' needs. Whether you're refinancing an existing home loan or financing a new home, Prospect prides itself in finding the perfect loan to fit each individual need. Their loan portfolio is always growing, allowing them to provide the most current financing options on the market today. Some of Prospect's most popular loan products include Fixed-Rate Mortgages, Adjustable-Rate Mortgages, FHA Loans, VA Loans, Home Improvement Mortgages, and the new Homes Affordable Refinance Program. Prospect provides more choices, more experienced loan officers, and a customer service experience like no other. For more information, visit www.prospecthomefinance.com.

FACTON at the Cost Engineering Summit 2019

Posted on | by Gray Leo

EPC software manufacturer FACTON is presenting its solutions for enterprise-wide product costing at the Cost Engineering Summit in Fulda on October 30, 2019. FACTON CEO Alexander M. Swoboda will be discussing the impact new mobility trends have on production in the automotive sector.

Potsdam, Germany, October 18, 2019 --(PR.com)-- The title of this year’s Cost Engineering Summit on October 30, 2019 in Fulda is “Opportunity in Crisis – Engineering Excellence and Transparent Costs for More Revenues.” This is a new event targeted at production industry businesses that use cost engineering to pursue a robust cost strategy and comprehensive product and project cost management.

Enterprise Product Costing (EPC) vendor FACTON is exhibiting at the Cost Engineering Summit and will be presenting its solutions for enterprise-wide product costing there. Alexander M. Swoboda, CEO of FACTON, will be lecturing on the “Future of Mobility” immediately following the event opening. He will outline the four mobility trends Connected, Autonomous, Shared and Electric (abbreviated as: CASE) and how they are influencing production and profitability in the automotive industry. “We are convinced that enterprise-wide collaboration is the only way for businesses to achieve the best possible value for customers while simultaneously minimizing costs. Collaborative cost management is a key feature of our EPC software,” says Alexander M. Swoboda regarding his company’s participation in the event.

The Cost Engineering Summit is targeted at executives in the development, design engineering, purchasing and sales departments at manufacturing companies. The event will take place at the Maritim Hotel am Schlossgarten Fulda situated in the gardens opposite the palace. The conference language is German. FACTON is offering guests who are interested in attending the event a 20 percent discount on the Cost Engineering Summit participation fee. https://www.facton.com/de/rabatt-cost-engineering-summit-2019

Note to editors: Alexander M. Swoboda will be available on site for discussions with accredited journalists. To arrange an appointment please contact us by sending an e-mail to facton@vibrio.de.

About FACTON
The FACTON EPC Suite is the leading Enterprise Product Costing (EPC) solution for the automotive, aerospace, mechanical engineering and electronics industries. Its specific solutions offer robust answers to the requirements of executive management and individual departments within the enterprise. FACTON EPC enables standardized, enterprise-wide costing independent of location and department for maximum product cost transparency throughout every phase of the product lifecycle. Businesses accelerate their costing, achieve pinpoint cost accuracy and secure their profitability.

FACTON was founded in 1998 and has locations in Potsdam, Dresden, Stuttgart and Detroit. Hasso Plattner, founder and chairman of the supervisory board of SAP SE & Co. KG, has supported this innovative company since 2006. The international portfolio of customers includes Ford Motor Company, Henniges Automotive, DURA Automotive Systems, Airbus, Mahle Behr, MANN+HUMMEL, Porsche and other renowned manufacturers.

Nectar Personal Loans a Viable Alternative to Expensive Credit Card Debt, Company Says

Posted on | by Gray Leo
Nectar Personal Loans a Viable Alternative to Expensive Credit Card Debt, Company Says
Auckland, New Zealand, October 17, 2019 --(PR.com)-- The steep interest rates on credit cards can undermine their convenience, and personal loans with lower rates should be considered an attractive option to consolidate credit card debt, according to Nectar. One of New Zealand’s leading online loan companies, Nectar believes that using a personal loan for credit card payments makes sound financial sense for Kiwis struggling with mounting debts.

Late credit card repayments can have a negative impact on a credit score, and more recent late payments will have a proportionately larger impact. Ultimately, these credit struggles can impact a credit score for some time.

Personal loans, meanwhile, are labelled, “installment loans,” by credit agencies and, like credit cards, paying them in a timely manner can boost your credit score. This is yet another reason why Nectar’s personal loans are a great solution to credit card debt. Not only can Kiwis effectively refinance their credit card debt with lower interest, they can do so to the benefit of their credit scores.

Entirely New Zealand owned and operated, Nectar has revolutionised the loan process in New Zealand, putting the power back into the hands of borrowers and helping Kiwis regain control of their financial futures. With their 100% online process, Nectar empowers Kiwis to get the money they need when they need it, using real-time credit decision technology to provide flexible loan offers in as little as seven minutes.

With competitive rates and flexible terms, Nectar offers personal loans in NZ to take the sting out of credit card debt.

For more information regarding the simplicity and convenience of Nectar’s 100% online personal loan system, click here: https://app.nectar.co.nz/apply/getstarted

Jackelyn Martinez, MSCJ, CLA Honored as a Professional of the Year for 2019 by Strathmore’s Who’s Who Worldwide Publication

Posted on | by Gray Leo
Brooklyn, NY, October 17, 2019 --(PR.com)-- Jackelyn Martinez, MSCJ, CLA of Brooklyn, New York has been honored as a Professional of the Year for 2019 by Strathmore’s Who’s Who Worldwide Edition for her outstanding contributions and achievements in the field of finance.

About Jackelyn Martinez, MSCJ, CLA
Jackelyn Martinez is the owner and client/receivables management consultant of Jackelyn Martinez, MSCJ, CLA which is a consultancy providing specialized and focused client/receivables management services. Her business serves the areas of Manhattan, Bronx, Queens and Brooklyn, New York. From better understanding your credit report review to pinpointing breakdowns that cause a decline in receivables, Jackelyn will provide personalized support that caters to your individual needs.

Ms. Martinez has over 30 years experience in commercial credit and collections. She is also experienced in the legal process, investigations, skip tracing and judgment enforcement. Ms. Martinez provides comprehensive client/receivables management review including personnel and owner interviews with the purpose of identifying all the breakdowns within the process and procedures that are causing the business monetary losses in its revenues. She trains in correcting issues and assisting in creating new credit policies. She also trains personnel to do their job more efficiently and recognize potential fraud.

Ms. Martinez gives informative workshops and seminars to both consumer and commercial clients in relevant topics of interest that affect them. She also offers speaking engagements to business groups, community groups and college students. Jackelyn is fluent in both English and Spanish.

After obtaining a B.S. in Criminal Justice and Corrections from Berkeley College in 2012, Jackelyn then obtained a M.S. in Criminal Justice and Corrections from the University of Cincinnati in 2015. She is a Certified Legal Assistant, earned a Diploma in Special Publishing from the Institute of Children's Literature in 2005 and a Diploma as a Private Investigator from Thompson Education Direct in 2003.

Ms. Martinez is affiliated with the International Association of Women and the New York Women's Chamber of Commerce. She is a member of the Advisory Board for Rescuing Leftover Cuisine and the Advisory Board for Berkeley College Legal Studies. She is also a member of the National Association of Legal Assistants and the National Association of Professional Women. In her spare time she enjoys family activities with her children, Jonathan and Andrew and grandchildren, Owen and Connor.

For further information, please contact www.jmmcny.com.

About Strathmore’s Who’s Who Worldwide
Strathmore’s Who’s Who Worldwide highlights the professional lives of individuals from every significant field or industry including business, medicine, law, education, art, government and entertainment. Strathmore’s Who’s Who Worldwide is both an online and hard cover publication where we provide our members’ current and pertinent business information. It is also a biographical information source for thousands of researchers, journalists, librarians and executive search firms throughout the world. Our goal is to ensure that our members receive all of the networking, exposure and recognition capabilities to potentially increase their business.

VOS Digital Media Group, Inc. Appoints Erik Aaron Lara Riveros as Advisor to the Board of Directors

Posted on | by Gray Leo

Erik Lara Riveros to Advise VOS Through Expansion of International Media Initiatives

New York, NY, October 17, 2019 --(PR.com)-- VOS Digital Media Group, Inc. (www.VOSDMG.com), a global media technology company, announced today that Erik Aaron Lara Riveros, a seasoned executive and innovator in the investment, music, media and technology spaces, was appointed as Advisor to its Board of Directors.

Mr. Riveros is a Licensed Director and member of the board of KBC Aldini Capital Management Ltd, of Dubai, United Arab Emirates. Amongst his other advisory roles, he is a representative to the National Congressman, President of the National Telecommunications Committee of the Argentinian, Government, Mr. Juan Brügge. Mr Riveros is a member of the board of Valletta FC, the leading football club of the Maltese League on behalf of the Dubaiti Sanban Group. Mr. Riveros’ other endeavors include technology initiatives in Dubai, management of digital rights for platinum-selling Spanish musician, DJ and producer Juan Magán, and as head of the European expansion of Huobi, the third largest crypto exchange in the world with an average of 1 USD Billion in daily trading.

“Mr. Lara Riveros vast experience in international commerce as General Director of the Chamber of Commerce of the Mercosur to Spain and the Delegate to the E.U., combined with his involvement with large international technology companies and digital media with be of extensive value to VOS, the board and management,” stated Paul Feller, Chairman and Chief Executive Officer of VOS Digital Media Group. "I am extremely pleased to welcome him to our leadership team. With Erik’s deep expertise in international business and emerging technologies, I expect that his guidance will play an indispensable role as VOS expands into Latin American, European, Middle Eastern, African and Asian Markets."

A frequent speaker and professor in the “Global Youth Leadership Forum” with the UN and the “International University Menendez Pelayo” in Santander, Spain, he is also an active participant with the Center for Strategic & International Studies (CSIS) in Washington, D.C. He is a member of the Young Professionals of the Americas Society in New York, and a recipient of both Spain’s “Grand Cross of the Humanitarian Merit” (2006) and the “Golden Star” for Professional Excellence in Madrid (2017).

About VOS Digital Media Group
VOS is a global digital video exchange and technology platform providing a seamless process for bringing together content creators and media companies. We specialize in providing and maintaining content sales and sourcing scalability, reducing labor and editorial costs, eliminating errors in metadata assignment and extraction, and drastically decreasing the time to market for both video creators and buyers. http://www.vosdmg.com

AD1 Global Completes Multi-Million Dollar Hotel Conversion

Posted on | by Gray Leo
AD1 Global Completes Multi-Million Dollar Hotel Conversion
Hollywood, FL, October 17, 2019 --(PR.com)-- AD1 Global, a South-Florida based hospitality development and management company, has completed a multi-million-dollar renovation of the former Parc Royale Hotel Lake Buena Vista and converted it into an upscale full-service Crowne Plaza® hotel.

The comprehensive property-wide renovation featured a complete revamp of the guestrooms and public spaces to provide sleek, contemporary furnishings, as well as new modern interior design. The landscaping and exterior setting was also enhanced to showcase the property’s stunning waterfall and Florida scenery.

“The extensive renovation and conversion underscore our ability to make opportunistic investments within major markets and fully reposition an asset in a very short period of time,” said Daniel Berman, AD1 Global President.

Located near Disney and other major theme parks The Crowne Plaza® Orlando – Lake Buena Vista is positioned to take advantage of leisure and business travel.

“The Crowne Plaza Orlando – Lake Buena Vista is an excellent addition to the Crowne Plaza family of hotels,” said Meredith Latham, VP, Crowne Plaza, Americas. “This property features the newest design innovations in both the lobby and guestrooms, meeting the evolving needs of modern travelers.”

The hotel includes Plaza Workspace, a flexible meeting a work solution embedded in the hotel lobby. Plaza Workspace contains various work areas that allow for solo or collaborative work. Meeting spaces are available to guests and locals alike, and the private Studio space is bookable by the hour. Each work area is equipped with a tablet for on-demand service and food and beverage ordering, no matter what time of day. The Marketplace offers “grab and go” drinks and snacks with a focus on local, healthy options and features self-checkout for maximum convenience.

All rooms will be WorkLife Rooms, a design developed around the evolving needs of modern travelers and their blended lifestyles, that features a flexible environment with distinct zones that encourage guests to work, relax and recharge their way. The custom angle beds feature padded headboards with integrated lighting, plus multiple electrical outlets and USB ports throughout the room. Balconies are available on all upper floors with views of the Disney or Universal Fireworks from floors 5-7.

The hotel also features an outdoor pool with a waterfall and slide feature that families are sure to enjoy. Free Wi-Fi in public areas and free self-parking are also provided. And, as a Disney Good Neighbor Hotel, guests enjoy free shuttle service to the parks and Disney Springs.

The Crowne Plaza brand is part of IHG’s diverse family of brands in nearly 100 countries and territories. The scale and diversity of the IHG family of brands means that its hotels can meet guests’ needs whatever the occasion – whether an overnight getaway, a business trip, a family celebration or a once-in-a-lifetime experience. Reservations can be made by calling 1-877-2 CROWNE or by going to IHG.com/CrownePlaza. Crowne Plaza hotels participate in IHG® Rewards Club. The industry’s first and largest hotel rewards program is free, and guests can enroll at IHGRewardsClub.com, by downloading the IHG® App, by calling 1-888-211-9874 or by inquiring at the front desk of any of IHG’s more than 5,300 hotels worldwide. All IHG hotels use the IHG Green Engage™ system, an innovative online environmental sustainability system that gives its hotels the means to measure and manage their impact on the environment.

About AD1 Global:
AD1Global is a hospitality development and management company located in Hollywood, Florida. The company excels in all facets of the hospitality industry, ranging from the acquisition of existing hotels, new developments, renovations, daily operations and management contracts. AD1 Global offers complete and comprehensive hotel solutions tailored to the specific needs of each individual property. The company’s goal is to continuously improve the work-process resulting in highly profitable hotels.

About Crowne Plaza
Crowne Plaza is one of the best loved, premium hotel brands globally. We deliver an elevated guest experience, prioritizing high-value meeting packages, a sensational Sleep Advantage™ programme and outstanding service that values personal connections with our guests.

As the third-largest upscale hotel brand in the world with more than 425 locations in busy city, airport and resort locations, we’re everywhere modern travelers want to stay. When you book with Crowne Plaza, you know this part of your trip is guaranteed to deliver a premium experience. You’re also able to receive great benefits and rewards as part of IHG Rewards Club.

For more information about the Crowne Plaza Hotels & Resorts brand, visit www.crowneplaza.com. Connect with us on Twitter: www.twitter.com/crowneplaza, Facebook: www.Facebook.com/crowneplaza and Instagram: www.instagram.com/crowneplaza.

About IHG®
IHG ® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN Hotels ®, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, voco™ Hotels, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid™ hotels, Staybridge Suites®, Atwell Suites™ and Candlewood Suites®.

IHG franchises, leases, manages or owns more than 5,700 hotels and nearly 856,000 guest rooms in more than 100 countries, with over 1,900 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.

InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 400,000 people work across IHG's hotels and corporate offices globally.

Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group

OmniFi Offers User-Friendly TRM System Integration with Automated Workflow Tools

Posted on | by Gray Leo

SkySparc, an independent solutions provider, is empowering users of treasury and risk management (TRM) systems to create automated workflows through enhancements to OmniFi Access, offered as part of the latest version of OmniFi.

OmniFi Offers User-Friendly TRM System Integration with Automated Workflow Tools
Stockholm, Sweden, October 16, 2019 --(PR.com)-- With OmniFi 7.5, users can quickly and simply create automated workflows to and from their TRM system, by deploying SkySparc’s Web service API as an integration platform with the new generation of end-to-end process automation tools, such as Microsoft Flow.

Automation tools are increasingly being used to develop low-code environments in which business users can design and implement straight-through processes across multiple applications to reduce reliance on manual tasks, thus eliminating errors and gaining cost-efficiencies.

Marcus Gullers, head of product management, SkySparc, said: “Today, we are seeing the rapid development of low-risk, low-code, do-it-yourself environments in which business users can safely create seamless workflows. Clients are only taking the very first steps in this journey, so we’re delighted to support them with the enhanced functionality offered by OmniFi 7.5. In the coming years, we expect users of Wallstreet Suite and other TRM systems to explore these opportunities more deeply, for example quickly setting up new trade request processes, or developing automated approvals processes for complex transactions.”

SkySparc CEO Joakim Wiener, said: “Together with the fast-growing adoption of business intelligence applications like Microsoft Power BI and Tableau, these new workflow automation tools offer treasury and finance professionals new opportunities to add value through insight, efficiency and cost reduction. This new release of OmniFi underlines SkySparc’s ongoing commitment to using the latest technology innovations to support clients’ business objectives.”

Santa Clara University Announces Partnership and Relationship Center Opening with University Credit Union

Posted on | by Gray Leo

University Credit Union partners with Santa Clara University.

Santa Clara University Announces Partnership and Relationship Center Opening with University Credit Union
Los Angeles, CA, October 15, 2019 --(PR.com)-- Santa Clara University has entered into a strategic partnership with Southern California-based University Credit Union (UCU), one of the top credit unions in the country, to offer mortgages, financial education, on-site ATMs, and other benefits to faculty, staff, and students of Santa Clara community.

Products that will be offered will include discounted mortgage and auto loans for faculty and staff, on-site financial education and other benefits to the Santa Clara constituents.

Additional benefits from the partnership will include:
- Exclusive product lines to SCU faculty, staff, students, and alumni
- Internship opportunities for SCU students
- Financial literacy programs
- Campus relationship center in Benson Center
- ATMs conveniently located on campus

“University Credit Union is excited to partner with the Santa Clara University community, and to help their students, faculty and alumni achieve their financial and educational goals,” said David Tuyo, President and CEO of University Credit Union. “By opening a relationship center on campus, our commitment to the Santa Clara University community is deepened by providing University Credit Union the opportunity to showcase the value of membership and our promise to provide the top 1% best rates in the nation to our members.”

The Collegiate Services division of Van Wagner Sports and Entertainment secured the partnership on behalf of the university.

“This is a perfect fit that aligns two great partners,” said Mark Massari, VWSE’s Vice President for West Region. “We are proud to assist the tremendous momentum happening right now on the Mission campus and appreciate UCU’s commitment to the Santa Clara community.”

Santa Clara University is the most recent West Coast Conference school to partner with University Credit Union. UCU is also the title sponsor of the West Coast Conference Basketball Championships.

About Santa Clara University
Founded in 1851, Santa Clara University sits in the heart of Silicon Valley - the world’s most innovative and entrepreneurial region. The University’s stunningly landscaped 106-acre campus is home to the historic Mission Santa Clara de Asís. Ranked among the top 15 percent of national universities by U.S. News & World Report, SCU has among the best four-year graduation rates in the nation and is rated by PayScale in the top 1 percent of universities with the highest-paid graduates. SCU has produced elite levels of Fulbright Scholars as well as four Rhodes Scholars. With undergraduate programs in arts and sciences, business, and engineering, and graduate programs in six disciplines, the curriculum blends high-tech innovation with social consciousness grounded in the tradition of Jesuit, Catholic education. For more information see www.scu.edu.

About University Credit Union
University Credit Union, a federally-insured financial cooperative was founded in 1951 on UCLA’s campus by faculty and staff. Serving more than 40,000 members, UCU has become a leading credit union in the United States. UCU is guided by a board of directors, comprised only of faculty, staff and alumni of the university community. UCUs core purpose to give members a financial edge in life, along with the Credit Union’s promise to advocate, educate and innovate, help position UCU as a financial partner to the university community. To learn more about UCU visit www.UCU.org or call (800) UCU-4510.

Florida Association of ACOs Announces Strategic Partnership with Best Card

Posted on | by Gray Leo

FLAACOs continues to lead a healthcare revolution through Best Card’s payment tools.

Florida Association of ACOs Announces Strategic Partnership with Best Card
St. Johns, FL, October 15, 2019 --(PR.com)-- Florida Association of ACOs (FLAACOs), a ValueH organization and one of the leading voices for value-based care, announced today a partnership with Best Card, a leading payment processing provider dedicated to accelerating the adoption of value-based payment methodologies. With this partnership, FLAACOs will provide Accountable Care Organizations (ACOs) in Florida and beyond with opportunities to improve the patient payment experience and help providers collect on patient invoices quicker, with less effort.

“As providers are searching for systems to improve revenues cycle management, we find Best Card’s health-centric solution vital for success. Their single-source payment capabilities are first-class and is why FLAACOs has decided to partner with them and recommend them to our membership. Best Card provides a technology solution to help hospitals, clinics, and doctors accelerate payments, decrease the collection cycle (AR) and increase cash flow,” explains Nicole Bradberry, Founder and CEO of FLAACOs.”

Best Card, currently endorsed by over 30 State Medical & Dental Associations, Accountable Care Organizations (ACO’s) and Independent Physicians Associations (IPA’s), provide solutions to effortlessly move providers in the direction of value-based care. Best Card achieves this with an enhanced, healthcare-focused payment suite that maximizes efficiency with value.

“Our mission is to educate every Revenue Cycle Manager/CFO on the value of providing enhanced patient payment options and how this positively impacts the revenue cycle," said Dominic DiGiacomo, Managing Partner of Best Card Medical. “Providers should no longer use antiquated payment devices and expect to maximize the revenue cycle. We provide best in class solutions to better outfit clinics to become more efficient, profitable and lower their AR time frames,” DiGiacomo said. “We are delighted to partner with FLAACO’s, and their members, so that we can continue our commitment towards value-based care.”

To register or learn more about ValueH’s FLAACOs 2019 Annual Conference visit us at https://www.flaacos.com/annual-conference, follow us on Twitter at www.twitter.com/FLAACOs #FLAACOS2019, or visit our Facebook page at www.facebook.com/FLAACOs. Organizations interested in sponsorships or media wishing to apply for credentials please contact Sam Mocas at info@flaacos.com or 855-559-8782.

About Florida Association of ACOs (FLAACOs), a ValueH Organization
ValueH is the leading member organization in the U.S. with a dedicated focus on driving positive and sustainable change in how value-based care is delivered and reimbursed. Founded in 2012, ValueH’s FLAACOs is a professional organization for accountable care organizations and healthcare leaders throughout Florida and beyond. The associations brings organizations together and drives providers to work together to increase the quality of care delivered to patients while significantly lowering medical costs overall. To learn more please visit our websites at www.flaacos.com and www.valueH.com and connect with us on Facebook, LinkedIn and Twitter.

About Best Card
Founded in 2005, Best Card processes over $1.8bb annually in credit card payments. We created a cost-effective and time-saving online solution focused on the value-based care. Our mission is to provide best in class payment products to the healthcare industry. Our payment platform allows for hospital, clinics and medical offices to leverage technology to accelerate patient payments, increase cash flow, decrease account receivables (AR), reduce office interruptions, and administrative costs associated with Revenue Cycle Management. Recognized and endorsed by more than 30 medical and dental associations as a leader in the healthcare industry by driving profits and modernizing the patient experience. Best Card has become one of the premier providers of payments solutions to hospitals, and medical and dental clinics in the United States. Learn more at: https://bestcardpayments.com/your-industry/healthcare/

NuRealty Advisors Sells 778 Yonkers Ave. in Yonkers

Posted on | by Gray Leo

NuRealty Advisors brokered the sale of a commercial property in Yonkers NY.

NuRealty Advisors Sells 778 Yonkers Ave. in Yonkers
Yonkers, NY, October 14, 2019 --(PR.com)-- Despite the state moratorium on new casino licenses, MGM’s acquisition of Empire City Casino and Yonkers Raceway last year is luring new capital to the immediate area, according to real estate firm NuRealty Advisors.

NuRealty, a Yonkers-based brokerage, said the trend is evident in the sale of the 22,735- square-foot retail center at 778, 786 and 790 Yonkers Ave., located one block from the casino.

“This transaction was challenging as the retail market has been recently soft but our efforts to promote the future value given light of the recent sale of Empire Casino to MGM was instrumental in our ability to market this property for sale,” NuRealty said.

Ludlow Avenue Corp., a limited liability firm based in Yonkers, closed on the sale of the retail center on Sept. 4. The organization acquired the property, valued at $4.9 million, as part of a larger $5.6 million transaction.

NuRealty said it marketed the property for two years before securing a buyer.

“At the moment, [the new ownership’s] philosophy is to naturally stabilize the investment by renewing leases on a long-term basis,” Nukho said. “They are not intimidated to let a tenant go... knowing that there is an upside with MGM.”

Lukasz Przybylek, Associate Real Estate Broker with NuRealty Advisors, represented the seller.

Empire City Casino opened in 1899. The property was sold to MGM by the Rooney Family for $850 million in January 2018. The family owned the property since 1972.

MGM was previously reported to have offered $500 million for a gaming license at Empire Casino.