We examined a number of great opportunities and have decided on the Dominican Republic, and specifically in the development known as Casa Linda, for our first acquisitions. After acquisition, all net proceeds from these properties will be dedicated to the $5 Preferred.” Casa Linda is a villa community on the north coast of the Dominican Republic in Cabarete, Puerto Plata. Begun almost 20 years ago and with over 200 existing villas, Casa Linda sets the standard for foreign-owned property management, combining all the amenities of North American and European housing with a Caribbean lifestyle. This gated community served by more than 150 hand-picked staff is consistently top rated on Trip Advisor, noted for it’s excellent quality construction standards, outsanding service and tranquil atmosphere. “We are pleased to announce our partnership with Casa Linda,” states Neukomm, “We looked very closely at a variety of locales and properties before settling on Casa Linda. The Board is very confident that this is the right acquisition, at the right time, in the right community.” Onsite property management will oversee day-to-day operations and both protect and service the investment. “It’s truly a wonderful, exotic slice of Mother Nature,” says Neukomm. “Minutes away from several breathtaking beaches, but also very close to outstanding restauraunts, shopping and endless activities. The Villas themselves are top notch; first class all the way.
http://finance.yahoo.com/news/property-paradise-real-estate-acquisition-143000367.html
“As the television industry continues to grow exponentially, we stand ready to meet the project financing needs of both established and up-and-coming producers.” WHEN CALLS THE HEART tells the story of Elizabeth Thatcher, a young teacher accustomed to her high-society life. She receives her first classroom assignment in Hope Valley, a small coal-mining town in Western Canada. The series stars Erin Krakow, Daniel Lissing, Lori Loughlin and Jack Wagner. The production company is Brad Krevoy Television. Also executive producing are Brian Bird, Michael Landon, Jr., Robin Bernheim and Eric Jarboe. Paul Jackson and Cynthia Cohen are Co-Executive Producers, with Derek Thompson as Supervising Producer and Amanda Phillips Atkins, Vicki Sotheran, Greg Malcolm and Vince Balzano as Producers. Pacific Mercantile Bank is one of the premier lenders to independent film and television producers, distributors and other entertainment-related companies. Since 2009, Pacific Mercantile’s EID has extended more than $225 million in financing to independent film and television production companies. Collectively, the EID team has more than 75 years of exclusive entertainment-related experience and has financed more than 750 film and television productions with budgets ranging from $2 million to $65 million. About Pacific Mercantile Bank Pacific Mercantile Bank opened for business March 1, 1999. The Bank, which is FDIC insured and a member of the Federal Reserve System, provides a wide range of commercial banking services to businesses, business owners and business professionals through its combination of traditional banking financial centers and comprehensive, sophisticated electronic banking services. The Bank, headquartered in Orange County, operates a total of nine offices in Southern California, located in Orange, Los Angeles, San Diego, and San Bernardino counties.
http://finance.yahoo.com/news/pacific-mercantile-bank-provides-financing-135000537.html
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