The Rainmaker Group, Leader in Profit Optimization Software, Opens Regional Office in Singapore

Expands Global Presence, Hires Managing Director Vivek Bhalla to Bring ‘Total Customer Value’ Revenue Strategy to Casino Hotels and Gaming in Asia Pacific Market

Atlanta, GA and Singapore (PRWEB) November 26, 2008– The Rainmaker Group, a world leader in automated profit optimization software and services for gaming hospitality, whose clients include Wynn Las Vegas, MGM MIRAGE, Trump Entertainment Resorts and Harrah’s Entertainment, announced it will open a regional office in Singapore as the next step in its expansion into the Asia Pacific market. Rainmaker also serves the serviced apartment/multifamily housing industry,

"Rainmaker is committed to bringing the benefits and discipline of profit optimization to Asia Pacific," said Bruce Barfield, President of The Rainmaker Group. "We have hired a new Managing Director in the area to help achieve these goals. In our frequent travels to Asia Pacific this year, we found an audience receptive to the idea of increased profitability through the ‘total customer value’ approach our solutions deliver. Now, we are moving to leverage these opportunities to build long-term relationships with Asian gaming operators and help them realize sustained revenue growth."
Vivek Bhalla joins The Rainmaker Group as its new Managing Director of Asia Pacific responsible for setting up its regional office in Singapore and managing growth.
Profit optimization expertise to benefit entire region, in any economy, as competition heats up

"The Asia Pacific gaming industry is ready to adopt the profit optimization practices that could guide its growth more profitably," said Bhalla. "Operators are looking for a way to track and assess ‘total customer value;’ that is, each customer’s total spend, instead of only optimizing room revenue. Rainmaker’s initiative to bring this practice to Asia Pacific through its revolution Product Suite will benefit the entire region."

Bhalla, with more than a decade of international hotel experience, brings a wealth of expertise in pricing and distribution strategies, implementation of revenue management systems, and consulting about the change management processes required to maximize revenue and profits. Bhalla started his career with Hyatt International, and held regional and corporate roles in revenue management in both SE Asia and Chicago. He was Director of Revenue Management for Starwood Asia Pacific Hotels and Resorts for four years, based out of Singapore where he had oversight of the division’s pricing and revenue management strategies across all brands for the group’s 130-plus hotels. In November 2007, Bhalla moved into an operational role at the Sheraton Grande Sukhumvit hotel in Bangkok. He is a graduate of Cornell University’s School of Hotel Administration and holds a Masters Degree.

Joining Bhalla in servicing the casino hotel market will be Bonnie Spalding, the company’s Vice President of Business Consulting. Spalding brings deep experience in casino revenue management and will oversee client implementation, installation, training and real-time support in Asia Pacific.

About The Rainmaker Group
The Rainmaker Group is a software and consulting services company that provides profit optimization for more than one-half million units in the gaming hospitality, serviced apartment/multifamily housing and other industries. Rainmaker consults about, implements and supports the revolution Product Suite, which maximizes total guest profitability for operators of casino hotels and other hospitality enterprises. The company enables clients to identify and maintain availability for their most profitable revenue sources through revenue management implementations. The Rainmaker Group helps casino hotels increase profitability through the accurate, instantaneous ability to determine the minimum acceptable value of each guest. This increases client profitability by securing the most profitable customers and developing more effective business processes. Hospitality clients include Wynn Las Vegas, Boyd Gaming, Harrah’s Entertainment, Omni Hotels, MGM MIRAGE, Trump Entertainment Resorts and other leading hotel companies.

The Rainmaker Group, a Microsoft partner, also provides the revolution LRO (Lease Rent Options) profit optimization solution that enables serviced apartment/multifamily housing operators to maximize revenue from apartment lease/rentals. revolution LRO lease rate improvement results have been reviewed and validated by independent accounting firms. For more than five years, revolution LRO has delivered optimized leasing rates to the largest operators in the industry including Archstone-Smith, Equity Residential, Post Properties, Simpson Housing, Mid-America Apartment Communities and a number of other leading serviced apartments/multifamily housing companies.

Contacts:
The Rainmaker Group – Asia Pacific
Vivek Bhalla, Managing Director – Asia Pacific
9 Temasek Boulevard,
31 F Suntec Tower 2, Singapore 038989
Phone: (65) 9128 7302
Email: vbhalla @ letitrain.com

The Rainmaker Group – North America
Bruce Barfield, President
5755 North Point Parkway
Suite 77
Alpharetta, GA 30022
Phone: 678-578-5777
Email: sales @ letitrain.com
http://www.letitrain.com/?Campaign=PRWebAsianExpansionNov262008

Media Contact – Asia Pacific
Wye Leng Wong
LEAP Integrated Marketing Solutions
Phone: (65) 9826-4097
Email: wyeleng @ leapmarketing.com.sg

Media Contact – North America
Julie Keyser-Squires, APR
Softscribe Inc.
180 River Springs Drive NW
Atlanta, GA 30328
Phone: (404)256-5512
Email: Julie @ softscribeinc.com
http://www.softscribeinc.com

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Mortgage Brokers Turn to Flagship Financial Group to Weather Difficult Economy

Many mortgage brokers are leaving their profession or struggling in this economy. Flagship Financial Group offers a turnkey solution for mortgage brokers who want to own and operate a mortgage business. Flagship is licensed in 38 states for FHA and VA loans. With HR, accounting, and other support, their Branch Managers focus on originating more loans.

Lehi, Utah (PRWEB) November 26, 2008 — With the mortgage crisis, mortgage brokers are struggling and many are leaving the business. Flagship Financial Group has seen an increase in the numbers of mortgage brokers looking for help with their business. Flagship Financial Group provides a turnkey solution for mortgage brokers to own and operate a mortgage business.

Because of the mortgage crisis, lenders have switched from offering unconventional loans, to offering government backed loans. There are less products to sell and it’s more important that loans are done right. Through Flagship Financial Group, brokers become a Flagship Branch and get the education and approval needed to originate FHA and VA loans.

"In this economy getting good loans on the books is vital. Credit markets are very tight right now. The big lenders are struggling. The way everything is going to FHA and VA loans, and that is our expertise," said Will Farrar, founder and owner of Flagship Financial Group.

Mortgage Brokers who become Branch Partners get the tools needed to succeed, despite the market downturn. "The executive team at Flagship Financial Group are experienced mortgage brokers. We have weathered multiple market changes. We support mortgage brokers so they can expand their business and thrive in this market," notes Farrar.

Flagship Financial Group know the business well – every part of the business. They help with every facet of a mortgage broker’s business from marketing and lead management to operations and pricing. "We handle the details of running a business, so brokers can do what they do best – originate loans," said Farrar.

Flagship Financial Group is currently licensed in 38 states and has relationships with top lenders in each state. "We handle the licensing and requirements so our branch partners can expand from a single state operation into a national company. They can fund more loans and have the flexibility to concentrate on the states with the most profitable real estate markets," said Farrar.

Since FFG is constantly negotiation pricing with top lenders and vendors, Branch Partners can adapt to changes and get the benefits of a being part of a larger company. Joining Flagship Financial Group lets mortgage brokers grow their business and offer their clients the best products and services available.

"Leaders emerge in difficult markets and Flagship provides the platform for brokers to do that in today’s economy," said Farrar.

About Flagship Financial Group:
Flagship Financial Group and its Partners Division provide a turn-key solution for mortgage brokers for owning and operating a mortgage business. Founded by individuals with over 25 years combined experience in the mortgage industry, FFG is one of the largest brokerages in the state of Utah. The company is designed to ensure the success of mortgage professionals across the nation.

Flagship Financial Partners are members of the Mortgage Brokers Association.

Mortgage Brokers can learn more by calling 1-866-825-6261 or go online at www.ffgpartners.com.

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For the original version on PRWeb visit: http://www.prweb.com/releases/mortgage/brokers/prweb1672154.htm

Read All about It–Instant Oil and Gas News at Your Fingertips

Keeping up with roller-coaster trends in the oil and gas industry is no longer a problem. Now, the second news hits the Internet, a unique software package can electronically deliver it to your fingertips. A local firm offers a specialized service that finds the news and price quotes you need and oil & gas headlines directly to your PC. Simply click on a title and read the full article on demand.

Fort Worth, TX (PRWEB) November 26, 2008 — Why spend time gathering oil and gas news when a desktop news and energy quote ticker can instantly bring it to your PC? A Fort Worth based firm, eMarket Software, Inc., in partnership with Barnett Shale Data (News__Ticker), offers a service called "The Oil & Gas News Ticker." The product aggregates and delivers oil and gas news and specific company news at near real-time speed. As content providers post articles on the Net, the system captures headlines and streams them across your PC screen. Click the headline of interest and voila–the package retrieves and displays the summary article for viewing within seconds. Users can then click a button to view the full article.

Obviously, the international oil and gas industry has always been dynamic, but not like it is today. The industry is more volatile than ever, and keeping track of hot topics and breaking news is a chore even for well-honed professionals. In the age of cable news and the Internet, we find ourselves bombarded with a mountain of information. The trick is to weed through the maze and find what you need when you need it. Especially these days, timely information is absolutely essential, and this is where instant news at your fingertips can really make the difference.
The easy-to-use, highly customizable tool is most valuable especially to those who have a need for current news and events and staying on top of oil and gas matters. Typically, you have to sift through a plethora of news sources to find information of interest. Then it takes time to link up to the source and down-load news articles. The software package eliminates this hassle and does the work for you. Just customize the package to find and feed news according to your preferences. The program monitors identified news sources on the Internet and unobtrusively scrolls headliners across your screen while you work. The real-time package essentially monitors the worldwide Internet for oil and gas news and culls out only the content that fits your personal settings.

"Simplicity, flexibility, proficiency and low cost are the key features of this exclusive product," says company founder Shawn McCarthy. "It is a very lean, low overhead package that uses the latest in technology for surfing the Web and bringing news directly to your desktop. Like a stock ticker, headlines flow across a narrow band on your screen until you click on an article to read."

McCarthy’s firm has developed several packages in the Internet communications and content distribution arena. The company specializes in software that reduces information overload and keeps users instantly and consistently informed. Using "Really Simple Syndication" (RSS) and Web 2.0 technology, the company focuses on simplifying the exchange, filtering, and presentation of information extracted from the Internet. Recently, the company released one other oil and gas related product–a mapping service that highlights the Barnett Shale in the Dallas / Fort-Worth area.

The Oil & Gas News Ticker, however, provides timely updates from your favorite Websites and aggregates feeds from a compiled list of categories and hundreds of topics. Typical news categories include Business News, Natural Gas / Shale News, Natural Gas Utilities, and Oil & Gas Company News Feeds. The system is extremely easy to use and management of source feeds is often a matter of a click, drag and drop procedure.

The robust system allows you to dynamically tailor and streamline your own network of news feeds or RSS Feeds. The engine scans the list of news links at user-controlled intervals of time–normally minutes–and when it detects a new posting, it delivers the headline to your PC. Downloads of any content are fast and inconspicuous. The system comprises the latest technology in Web services and cyber security. The company offers the program on a free trial and then at a very affordable subscription basis.

Download your free trial now at Ticker Download

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For the original version on PRWeb visit: http://www.prweb.com/releases/oilandgas/newsticker/prweb1666434.htm

ResortQuest Participates in the Spirit of Giving

ResortQuest presents the Red Cross with a check for $10,000 to help families still recovering from the devastation of the 2008 Hurricane Season.

Fort Walton Beach, FL (PRWEB) November 26, 2008– With hurricane season in the rearview mirror and storms Ike and Gustav long since passed, ResortQuest still hasn’t closed its doors to storm evacuees. On Monday, just a few days before Thanksgiving, ResortQuest of Northwest Florida presented the Red Cross with a check for $10,000 for hurricane relief efforts in areas where the storms hit.

This past fall, during tropical storms Gustav and Ike, many residents of Northwest Florida’s neighboring states including Louisiana, Mississippi and Alabama found themselves evacuating their homes. With such a large radius where the storms could hit, folks from Alabama all the way to Texas were trying to find places to stay. As one could guess, the availability of lodging in hotels and motels filled up quickly. That’s when ResortQuest opened its doors to storm evacuees with a region wide campaign dispersed through e-mail, Convention & Visitors Bureaus and Chambers of Commerce of neighboring states. Evacuees were provided a special arrangement which offered discounted rates and allowed pets to stay in every vacation rental. ResortQuest housed thousands of guests during the storms and received gratuitous feedback from many evacuees, one claimed, "I felt so safe knowing I had a friendly, comfortable place to go to during such a stressful time."

"Our goal is to service our guests to the fullest while giving back to the community – and not just the Northwest Florida community," said Lino Maldonado, ResortQuest Vice President. "Providing evacuees with a place to stay was the first step and this donation is a follow-up to make sure our guests are doing well at home."

ResortQuest has earned itself a reputation as a company that is committed to the community. This year alone, ResortQuest has raised $7,500 for the American Cancer Society, $10,000 for the American Heart Association and $25,000 for the United Way. This week, when finding something to be thankful for, you can add this ’spirit of giving’ to your list.

In addition to offering the largest selection of Destin Condo rentals, ResortQuest also manages hundreds of vacation condo rentals on Okaloosa Island in Fort Walton Beach, Beaches of South Walton, Panama City Beach, Navarre Beach and Perdido Key as well as many luxurious private homes in Destin and Beaches of South Walton. ResortQuest also manages quality vacation rentals in neighboring Orange Beach and Gulf Shores along Alabama’s beautiful Gulf Coast.

About ResortQuest
ResortQuest, one of the nation’s leading vacation rentals and resort real estate companies, provides a one-stop resource in North America’s premier resort destinations, ResortQuest.com. ResortQuest is the largest marketer and management company of vacation condominiums and home rentals in the U.S. ResortQuest Real Estate is one of the nation’s leading real estate companies focusing on resort properties, offering superior brokerage services in the country’s premier beach, ski and golf destinations.

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For the original version on PRWeb visit: http://www.prweb.com/releases/ResortQuest/RedCross/prweb1663664.htm

ConcreteNetwork.com Releases New Concrete Calculator Widget for Contractors

ConcreteNetwork.com offers a downloadable concrete calculator widget for convenient calculations. The calculator widget allows contractors to calculate precise amounts of concrete needed to complete concrete slabs, footings and columns.

Yucaipa, CA (PRWEB) November 26, 2008 — ConcreteNetwork.com, the largest and most comprehensive source for concrete information online, has released a concrete calculator widget for contractors. The concrete calculator widget allows contractors to calculate how many cubic yards and bags of concrete are needed for a slab, concrete footings and concrete columns. The calculator widget also features other resources for contractors on special considerations and ordering concrete. Contractors can add the widget to their websites, blogs, personalized internet home screens and more for easy accessibility.

On a daily basis, contractors are faced with the need to calculate how much concrete is required for a particular project. The calculator widget provides a convenient solution for contractors to easily calculate precisely how much concrete is needed to complete the job. For concrete slabs, contractors can input information such as desired thickness, width and length of the project. For footings, dimensions include depth, width and length. Lastly, contractors can input desired diameter and height for columns. Once calculated, results quickly display how many cubic yards are needed and how many bags of concrete are needed by size.

Along with its other resources, the widget provides contractors with information on special considerations for concrete slabs and footings. And since knowing how much concrete is needed for a job is incredibly important, under this resource contractors will find other helpful tools and information about calculating just how much concrete mix is needed for a job. Lastly, contractors are guided on how to order concrete and are provided with a list of local ready mix suppliers.

Read more about concrete.
Established in 1999, The Concrete Network’s purpose is to educate consumers, builders, and contractors on popular decorative techniques and applications. These include stamped concrete, stained concrete floors, concrete countertops, polished concrete, and much more. Over 10 million people visit ConcreteNetwork.com per year to research, get ideas and to find a contractor.

The site excels at connecting buyers with local contractors in their area through its Find a Concrete Contractor service. The service provides visitors with a list of decorative concrete contractors throughout the U.S. and Canada, and is fully searchable by 23 types of decorative concrete work in over 200 regional areas throughout North America.

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For the original version on PRWeb visit: http://www.prweb.com/releases/2008/11/prweb1662974.htm

New York Habitat’s 1st Half of 2008 Furnished Apartment Market Report Released for New York City

New York Habitat, one of the foremost purveyors of furnished apartments, presents the 2008 1st half New York Furnished Apartment Rental Market Report. The report details the state of the market for short and long term furnished apartment rentals and roommate share accommodations in Manhattan, Brooklyn and Queens.

New York, NY (PRWEB) November 26, 2008 — New York Habitat releases its 2008 1st half Furnished Apartment Rental Market Report. This market report covers furnished rentals, vacation rentals and roommate share real estate markets in New York City. The results detail the state of the Furnished Rentals market as of July 1st 2008, analyses changes to the market and looks to predict future activity in the market. This report is especially significant because of the changing market conditions in New York and around the world.

The report details the conditions of the market in the 1st half of 2008 which remained a strong period for furnished rentals especially in the vacation rentals market which saw one of the largest increases in the number of completed rentals during New York Habitat’s 19 years in business. Furthermore, the roommate share rentals market remained especially strong as peopled opted for less expensive offerings over the long term. To read all of the details of the report visit New York Habitat’s page on Furnished Apartment Market Reports.

For additional perspective on the market, market report creator Brian Lowenberg says, "The 1st half of 2008 continued to show strong growth even with the American economy slowing down. The weak U.S. dollar helped continue to drive business in the spring and summer." He goes on to say that, "Though the 1st half of the year was quite strong with the continued weakness in the economy, a correction in prices could be possible in the 2nd half of 2008." Visit the New York Apartment Search to view all apartment listings in New York.

The report is comprised of three sections which cover New York Habitat’s primary business segments:

• Vacation rental accommodations (from 3 to 30 days)
• Furnished apartment rentals (from 1 month to indefinitely)
• Roommate share accommodations (from two weeks to indefinitely)

In each section of the report, trends dealing with pricing, neighborhoods, size of apartments rented and length of rentals are analyzed. The data is compared data from the 1st half of 2006 and 2007 as well. Additional data can be found in the 1st half and full year reports from 2007.

We have provided a sample graph which includes the average price of roommate share accommodations in the 1st half of 2006, 2007 and 2008. Similar graphs can be found throughout the report that details various measures of the market.

New York Habitat expects to release the full year 2008 results in the 1st quarter of 2009 so make certain to check back then for the latest New York market update. The goal is to provide timely information to apartment owners, renters, vacationers and others interested in the New York Real Estate market. After over 19 years in the market, we intend to be your most trusted source for furnished apartment market news.

New York Habitat is a fully licensed residential real estate agency with 19 years experience in the furnished rental market in New York. The company also offers furnished accommodations in Paris, London and the South of France. The company’s expertise is in serving the needs of clientele from around the world via offices on two continents and a team of experienced multilingual agents. New York Habitat strives to offer the best selection of apartment rentals in the market and offers thousands of accommodation options.

If you have any questions about the report or need more information regarding any of the data or analysis, feel free to contact the New York Habitat Market Report Team. To view previous reports visit the Furnished Apartment Rental Market website of New York Habitat. Also, for more information on real estate markets in all of New York Habitat’s cities as well as neighborhood guides, visit The New York Habitat Blog for the most up-to-date news.

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For the original version on PRWeb visit: http://www.prweb.com/releases/new-york/market-report/prweb1662044.htm

Aftercad Software Reveals Commercial Version of Aftercad Online CAD File Sharing and Management Service

Aftercad Online worlds first Service to offer File Management and CAD file viewing, markup & collaboration in a Web browser with no special software. Aftercad Software today unveiled the commercial release of Aftercad Online (ACO), a Software as a Service (SaaS) offering that allows businesses to view, mark-up, manage and publish large and complex CAD files onto the Web, without the need for proprietary viewers.

Vancouver, BC (PRWEB) November 24, 2008 — Aftercad Software today unveiled the commercial release of Aftercad Online (ACO), a Software as a Service (SaaS) offering that allows businesses to view, mark-up, manage and publish large and complex CAD files onto the Web, without the need for proprietary viewers.

"Easy and Instant access to project information by non CAD professionals is becoming more and more essential for business success. Using ACO, people who need to view and mark-up files can do so without special software or training from anywhere they please," said Christopher Boothroyd, CEO of Aftercad software. "ACO makes CAD access and collaboration extremely convenient for both existing and potential clients."

ACO is a server based service that requires only an Internet connection and a browser to access its easy to use file management system and viewing technology. Further, ACO allows for the secure distribution of any project files as well as the ability to view, markup and annotate CAD files.

Document owners can upload any and all files required for a project including 2D and 3D CAD files for viewing by others.

The service is free for guest users to view, markup and annotate any CAD file that a full member shares with them, only the document owner needs to sign up for one of three standard packages starting at $39.95 U.S. per month.

About Aftercad Software:
Aftercad Software Inc is an innovative developer of software solutions that allow businesses to publish and showcase large and complex CAD and GIS data files onto the Web, without the need for proprietary viewers. Aftercad solutions service both the emerging Web 2.0 market through the converged presentation of 2D and 3D images into mapped spaces, as well as the traditional CAD and GIS software markets through the ability to view, mark-up and manage data files over the Web.

For more information, visit www.aftercadonline.com or contact Mike Lebow, COO Aftercad Software Inc. 604.696.1886 ext 1.

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For the original version on PRWeb visit: http://www.prweb.com/releases/2008/11/prweb1660724.htm

Clutch Group Appoints Three Key Leaders To Worldwide Team

Clutch Group, a global provider of legal support solutions, has appointed Shanker Narayan as Chief Financial Officer, Andrew Titus as Vice President of Business Development & Marketing, and Gregory Brake as Vice President of Business Development.

Washington, D.C. (Vocus) November 24, 2008– Clutch Group, a global provider of legal support solutions, has appointed Shanker Narayan as Chief Financial Officer, Andrew Titus as Vice President of Business Development & Marketing, and Gregory Brake as Vice President of Business Development.

"The new executive hires exemplify our company’s commitment to excellence, strong work ethic, and passion," said Clutch Group CEO Abhi Shah. "We extend a warm welcome to our new team members and are confident that they will drive Clutch Group’s rapid growth and innovation as a leader in the legal process outsourcing (LPO) industry."

As Clutch Group’s newly appointed CFO, Shanker Narayan will be responsible for continuing the firm’s strong fundamentals in the areas of financial planning, management, and analysis. He is a trained Chartered Accountant who brings with him nearly 20 years of experience in telecommunications, fast moving consumer goods, venture capital, and business process outsourcing industries. Prior to joining Clutch Group, Narayan served as CFO of Apollo Health Street and as Regional CFO of Bharti Cellular.

Andrew Titus joins Clutch Group as its Vice President of Business Development and Marketing. Trained as an attorney and with over a decade of experience in litigation support, Titus is a pioneer in the electronic discovery industry. He worked for Esquire Deposition Services as the Northeast Director for their Corporate Service Team and as General Manager prior to that. In the latter role, he helped to design and build the company’s Electronic Discovery and Litigation Solutions Division. Titus will be based in Clutch Group’s New York office.

Gregory Brake brings his extensive experience in litigation consulting and document review to Clutch Group’s Washington, D.C. office as Vice President of Business Development. Prior to Clutch Group, Brake was a Managing Director at Compliance, Inc. where he recruited, trained, and developed a legal process outsourcing team that managed several high-profile document reviews for regulatory investigations and litigations.

"With the mounting need for high-quality, cost-effective legal support services driven by the global economic crisis, Clutch Group has served its Fortune 500 and Am Law 200 clients with best-in-class legal solutions," said Shah. "We are confident that these central additions to our leadership team will help us meet the dynamic needs of our clients in these unprecedented times."

About Clutch Group
Clutch Group is a global provider of legal support services, with expertise in cost-effective litigation document review, compliance, commercial lease abstraction, contract management, and legal research services, to Fortune 500 clients and leading global law firms. Clutch Group ranks as the #1 Legal Process Outsourcing (LPO) firm worldwide in the 2008 Black Book of Outsourcing. Clutch Group’s workforce comprises more than 300 attorneys and paralegals across the United States and India. The company is led by a team with legal expertise, extensive domestic and offshore outsourcing experience, and superior law firm management skills. For more information please visit www.clutchgroup.com.

Contact: Varun Mehta
Phone: 585.755.6946
Email: varun.mehta@clutchgroup.com
Website: http://www.clutchgroup.com

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For the original version on PRWeb visit: http://www.prweb.com/releases/Legal_Process_Outsourcing/LPO/prweb1662494.htm

Capmark Finance Originates $13.5 Million for Acquisition of Somerset Apartments

Capmark Finance Inc. originated $13,500,000 in fixed-rate debt through its Freddie Mac CME program for the acquisition of Somerset Apartments, a multifamily property in Avon Lake, Ohio.

Avon Lake, OH (PRWEB) November 24, 2008 — Capmark Finance Inc. (Capmark Finance) originated $13,500,000 in fixed-rate debt through its Freddie Mac CME program for the acquisition of Somerset Apartments, a multifamily property in Avon Lake, Ohio. The 6.02 percent fixed-rate, 77 percent LTV loan features a 10-year term with two years of interest-only payments followed by a 30-year amortization.

Located on approximately 19 acres outside of Cleveland, Ohio, Somerset Apartments is a 221-unit garden-style apartment complex constructed in 2005. The property is 98 percent occupied at an average monthly rent of $851 per unit.

Vice President Stewart Campbell of Capmark’s New York City office originated the transaction for borrower Dimitrios Kaloidis. Campbell, with 15 years experience in originating Freddie Mac loans, utilized the Freddie Mac CME product to deliver maximum proceeds at a very competitive spread. The loan closed within 60 days of application.

About Capmark®:
Capmark is a diversified company that provides a broad range of financial services to investors in commercial real estate-related assets. Capmark has three core businesses: lending and mortgage banking, investments and funds management, and loan servicing. Capmark operates in North America, Europe and Asia.

Capmark Finance Inc., the U.S. real estate lending and mortgage banking operations of Capmark, has access to multiple capital sources and offers a full range of financing solutions and resources. Capmark Finance is a direct lender, a correspondent for insurance companies, pension funds and other capital markets conduits and one of the leading approved lenders for Fannie Mae, Freddie Mac and HUD/FHA.

With a servicing portfolio of approximately $373 billion as of June 30, 2008 Capmark Finance is one of the industry’s leading loan servicers.

Capmark Investments LP, the investments and funds management operation of Capmark, is an established manager of equity real estate and mortgage-related investments in the public and private markets with approximately $10 billion in investments under management as of June 30, 2008.

For more information about Capmark, visit www.capmark.com.

Capmark Finance Licenses: CA: CA Dept of Corporations Finance Lender License (lending) and CA Dept of Real Estate, Real Estate Broker License #00398180 (brokering); MI: Capmark Finance Inc., Michigan Real Estate Broker, Phone 248-208-3460; NV: Capmark Finance Inc., 200 S. Virginia St., Suite 800-Office #804, Reno, NV, Phone 775-686-2490; NY: Capmark Finance Inc., New York Real Estate Broker.

©2008 Capmark Financial Group Inc. All rights reserved.

Media Contact:
Joyce Patterson
215-328-3842
Joyce.Patterson@capmark.com

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For the original version on PRWeb visit: http://www.prweb.com/releases/Capmark_Finance/Somerset_Apartments/prweb1662304.htm

Wall Street Fraud Watchdog Declares Auction Rate Securities the Worst Single Case of Fraud in U.S. History and is Offering to Help All Victims

The Wall Street Fraud Watchdog is describing the $330 billion auction rate securities debacle as the worst single case of fraud in US history, and is demanding that state attorney generals do something about this gigantic problem, for victims whose life savings are still at risk. According to the group, "How does New York, Massachusetts, and Missouri look the other way on institutions like Wells Fargo Bank, Oppenheimer and others, who sold these cash equivalent type products to thousands of unsuspecting US citizens as just like cash and 100% safe? How does that work?" Because of the auction rate securities "con job," the Wall Street Fraud Watchdog is now warning all US investors to avoid any Wall Street cash equivalent investment products, unless the stock broker or bank investment advisor is willing to put in writing the investment is 100% safe & liquid. Victims of the auction rate securities disaster can call the Wall Street Fraud Watchdog anytime at 866-714-6466 or visit their Web site at http://WallStreetFraudwatchdog.com.

(PRWEB) November 24, 2008 — The Wall Street Fraud Watchdog is the premier private Wall Street investor advocate in the world. For nearly nine months the group has been pressuring state attorney generals to force settlements out of stock brokerage firms, investment bankers and US banks that sold auction rate securities to 145,000 unsuspecting US consumers and 1,000’s of businesses, or organizations. While some of the larger sellers of auction rate securities have agreed to at least a retail customer settlements, scores of banks and or stock brokerage firms have yet to do anything. According to the Wall Street Fraud Watchdog, “We think banks or stock brokerage firms are just hoping the auction rate securities mess will simply go away, given the current carnage on Wall Street. Unfortunately for banks like Wells Fargo, Oppenheimer, and numerous other banks or stock brokerage firms, we are not going away, and we will continue to demand refunds for the tens of thousands, who have yet to receive a settlement on the auction rate securities ‘con job’.” Investors who were cheated in the auction rate securities scandal are welcome to call the Wall Street Fraud Watchdog anytime at 866-714-6466 or visit their Web site at http://WallStreetFraudWatchdog.com.

The Wall Street Fraud Watchdog is now warning all US or international investors to steer clear of Wall Street investments called “cash equivalents” unless the bank investment advisor, or stock broker can verify the investment is 100% safe in writing. The group is also warning that all US investors and international investors should steer clear of the US tax free municipal market, unless the bank investment advisor or stock broker will put in writing the investment is 100% safe. The Wall Street Fraud Watchdog’s concern about the 2009 US municipal market is that with huge shortfalls in city, county or state property tax revenues, tax free municipal investment products will go into default, or will simply fail.

The group is also, in the strongest terms possible, advising all US consumers to evaluate their 401-K’s & mutual funds & consider getting out of mutual funds that have a heavy exposure to US banks, investment bankers, home builders, REIT’s or retail. According to the Wall Street Fraud Watchdog, “2009 is going to be a brutal year for these sectors, so you might consider cutting your losses, and get into safe sectors like energy, pharmaceuticals or other safer sectors. We think mutual fund managers have been beyond negligent, in the manner they have structured most US mutual funds. We are going after them next.”

The group is also warning all investors to stay away from US residential real estate in 2009, as well as anytype of commercial US real estate. According to the group,”2009 will be a brutal year for the real estate markets of the US, Western Europe, Russia & China. If you want a safe place to park your money, buy US treasuries.”

The Wall Street Fraud Watchdog has current investigations of the following:
* Any investor, business, or organization that has yet to receive a settlement from their now frozen investment in auction rate securities also known as ARS, ARPS, SLARS, can call the Wall Street Fraud Watchdog anytime at 866-714-6466.
* Any investor who purchased the now devalued Schwab Yield Plus can call the Wall Street Fraud Watchdog anytime at 866-714-6466.
* Any investor who purchased a product from TD AMERITRADE called Reserve Yield Plus can call the Wall Street Fraud Watchdog anytime at 866-714-6466.
* Any investor who purchased any failed cash equivalent from a US stock brokerage firm, or US bank investment advisor can call the Wall Street Fraud Watchdog anytime at 866-714-6466.
US or international investors who have been cheated with auction rate securities, cash equivalents, or any other failed Wall Street type investment can call the Wall Street Fraud Watchdog anytime at 866-714-6466, or visit their Web site at http://WallStreetFraudWatchdog.com.

The Wall Street Fraud Watchdog is all about investor protection and honesty and transparency on Wall Street. According to the group,”Currently Wall Street looks 6 minutes out. On the other hand, we are looking 12 to 24 months out. Since 2005 our predictions have been 100% accurate about the demise of the US economy because of Wall Street greed.”

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For the original version on PRWeb visit: http://www.prweb.com/releases/2008/11/prweb1656984.htm