Tag Archives: Construction

Jamie Byington Named Sector Leader of Cherry Bekaerts Real Estate & Construction Group

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Miami, FL (PRWEB) July 01, 2013

Cherry Bekaert LLP (the Firm), one particular of the countrys largest accounting and consulting firms, is pleased to announce that Jamie Byington has been named the Industry Leader of the Firms Real Estate &amp Building group.

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A Companion at Cherry Bekaert, Byington joined the Firm as a Tax Companion in 2009. Previously, she was a Companion with McKean, Paul, Chrycy, Fletcher &amp Co for eight years, and prior to that served as a tax accountant with a Big 4 firm. In addition to being a Certified Public Accountant, Byington is also a CERTIFIED Economic PLANNER (TM).

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Jamie has a lot more than 25 years of knowledge in serving the growth, tax and advisory requirements of actual estate entities and has been instrumental in expanding our marketplace share for genuine estate in the South Florida region, states Susan Moser, Managing Companion of Industries &amp Specialization for Cherry Bekaert. Jamies wealth of understanding in the real estate and construction sector makes her the best leader to continue to grow this sector niche for the Firm.

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Primarily based in the Firms South Florida practice, Byington received her Bachelor of Company Administration in Accounting at the University of Miami (FL). She is also a member of the American Institute of Certified Public Accountants (AICPA), the Florida Institute of Certified Public Accountants (FICPA) and the Economic Preparing Association. Along with her expert ties, Byington is actively involved with neighborhood organizations, which includes CREW Miami, the Higher Miami Chamber and Coral Gables Chambers of Commerce and Women of Tomorrow.

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About Cherry Bekaert LLP

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As a nationally recognized, development-oriented firm, Cherry Bekaert has the resources to take your enterprise as far as you want to go. The Firms market specialists already know your marketplace, so they can support you make the most of emerging opportunities even though minimizing compliance headaches. With their down-to-earth style and wealth of practical suggestions, you will find Cherry Bekaert an indispensable portion of your group.

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Ranked amongst the biggest accounting firms in the nation, Cherry Bekaert specializes in offering options that influence their customers capability to grow. For far more than 65 years, international corporations, private businesses, government entities, nonprofits, emerging firms and profitable folks have relied on Cherry Bekaert to guide them forward as their development partner. http://www.cbh.com

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Equity Primarily based Solutions, Inc. Successfully Extends Self Storage Construction Loan

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Phoenix, AZ (PRWEB) September 21, 2009

Equity Based Services, Inc. (“EBS”) announced nowadays that they have effectively renegotiated an extension to an current construction loan. The original loan was utilized to construct a Class-A, 2-storey expansion to the EZ Store facility in Peoria, AZ a suburb of Phoenix.

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The three year building loan with Imperial Capital Bank came due this month and was extended for an extra year at substantially the same terms. The interest price remains at Bank of America Prime + 50 basis points and amortized more than 25 years.

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EZ Shop received its Certificate of Occupancy on January 20th of 2008 and began rental activity on February 1, 2008. As of the refinancing, the new facility has achieved 79% occupancy by square foot. Full stabilization is anticipated by the time the loan matures which need to facilitate the straightforward and straightforward placement of permanent financing.

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“This loan extension shows that there is pragmatic optimism in the commercial lending markets and that lenders are being affordable with modifying loan terms on projects that make financial sense. The financial landscape still makes sense for offers that make sense,” states Troy Downing, Principal Equity Primarily based Solutions, Inc.

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“In today’s atmosphere, the ability to refinance or extend a loan is driven by the Lender’s perception of an operator’s experience, professionalism, and the constant execution of a nicely thought out organization strategy.” States Stephen Kaplan, CEO, Equity Based Solutions. “A loan modification that does not involve a reduction of principal, a greater interest rate, or further collateral requirement validates an Operator’s ability to perform in a down or receding economy.”

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About Equity Primarily based Services, Inc &#13

EBS is a Private Actual Estate Business specializing in the acquisition and management of self-storage home. According to the Mini-Storage Messenger, EBS is one particular of the best owner/operators in the US. EBS currently owns and operates 63 Self-Storage properties in 11 states with a current marketplace worth of a lot more than $ 300 Million. EBS also manages a family members of Private Equity Funds for institutional and higher net worth person investors. The EBS Income Fund, the EBS Revenue and Growth Fund II, and the Pilot Equity Value Added Fund all closed in 2007. For far more details, make contact with Kurt Ambrosius at 619-220-6700.

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This Press Release is for informational purposes only and does not, in any way, constitute an providing to buy or sell securities.

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