BREVARD

Thomas Saykaly joins Carofin to lead its commercial real estate banking efforts

Retrieved on: 
Thursday, April 18, 2024
CBRE, Lead, Investment, CRE, CFG, Business, MBA, CFS, Financial services

BREVARD, N.C., April 18, 2024 (GLOBE NEWSWIRE) -- Carofin and Carolina Financial Securities (collectively “Carofin”) are pleased to announce that Thomas Saykaly has joined the firm as a Managing Director to lead Carofin’s commercial real estate banking efforts.

Key Points: 
  • BREVARD, N.C., April 18, 2024 (GLOBE NEWSWIRE) -- Carofin and Carolina Financial Securities (collectively “Carofin”) are pleased to announce that Thomas Saykaly has joined the firm as a Managing Director to lead Carofin’s commercial real estate banking efforts.
  • “Carofin offers capital solutions to private commercial real estate operators, developers, corporate owner/occupier, and CRE investment funds, whether debt, equity, or hybrid capital opportunities through our broad network of high-net-worth accredited investors, family offices and institutions,” noted Bruce V. Roberts, Carofin’s C.E.O.
  • “I intend to leverage the firm’s broker-dealer syndication capabilities and try to custom-tailor the optimal capital stack.
  • Mr. Saykaly received an MBA in corporate finance from Bentley Graduate School of Business.

Health First and Gilbane Building Company Have Officially Broken Ground on the New Cape Canaveral Hospital and Medical Office Building in Merritt Island

Retrieved on: 
Sunday, March 24, 2024
BCER, Patient, Hospital, Health First, Volunteering, Gilbane, Inc., Concord Group, Engineering, Nursing

MERRITT ISLAND, Fla., March 24, 2024 /PRNewswire-PRWeb/ -- Gilbane was thrilled to join the groundbreaking celebration during '3-2-1 Day' in Brevard County, a special tribute to the region's 3-2-1 area code and thriving aerospace/technology industry. Collaborating with project partners, Lawrence Group, Concord Group, and [BCER __title__ https://bcer.com/ , for design, project management, and engineering, this facility will replace the current Cape Canaveral Hospital, providing the Brevard community with convenient access to modern medical treatments and wellness programs. The new hospital is poised to elevate healthcare services on Florida's space coast.

Key Points: 
  • The new 268,000-square-foot Cape Canaveral Hospital will include:
    "We're thrilled to begin work on a facility that will greatly benefit the residents of Brevard County and beyond," expressed Shane Burnsed, Central Florida Business Leader.
  • "Recognizing the evolving landscape of healthcare, we're committed to constructing top-notch facilities that caters to the changing needs of patients, ensuring efficient and patient-centered care."
  • Continuation of care and the potential for evacuation will be evaluated for individual storms in consultation with state officials.
  • Construction is expected to be completed by late 2026 and begin serving our community in early 2027 – simultaneously with the new Cape Canaveral Hospital.

Steve Clifford joins Carofin as Managing Director

Retrieved on: 
Tuesday, February 13, 2024
Citadel, Knight Ridder, Investment, Growth, Nationwide Mutual Insurance Company, University, Vietnam War, Mathematics, Business administration, MetLife, CFG, CFS, Management

BREVARD, N.C., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Carofin and Carolina Financial Securities (collectively “Carofin”) are pleased to announce that Steve Clifford has joined the firm as a Managing Director.

Key Points: 
  • BREVARD, N.C., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Carofin and Carolina Financial Securities (collectively “Carofin”) are pleased to announce that Steve Clifford has joined the firm as a Managing Director.
  • “Steve brings a wealth of experience, in particular in income planning, to our mission of offering direct private investments to high-net-worth-individuals and family offices,” commented Bruce V. Roberts, Carofin’s C.E.O.
  • Clifford was responsible for his firm’s sales through wirehouse, regional, and independent investment advisory channels.
  • “Building and managing sales teams, in particular in the financial services sector, has been my passion for over 35 years,” said Clifford.

eXp Realty and Citrus Closing Group Join Forces To Deliver Local Title Services in Greater Orlando, Florida Area

Retrieved on: 
Thursday, February 1, 2024
Partnership, Housing, Communication, Property management

This partnership aims to provide eXp Realty agents in Lake Seminole, Osceola, Orange, and Brevard counties with a local title partner.

Key Points: 
  • This partnership aims to provide eXp Realty agents in Lake Seminole, Osceola, Orange, and Brevard counties with a local title partner.
  • It was designed to simplify the home buying and selling process while delivering an unparalleled level of service.
  • Citrus Closing Group is a frontrunner in title expertise, earning recognition from the region's top Realtors thanks to their focus on communication, customer service and attention to detail.
  • “We are thrilled about the prospects of our exciting new partnership with eXp Realty, anticipating a wealth of opportunities and collaborative success ahead,” said Jeremy Webb, President of Citrus Closing Group.

Mattamy Homes Chosen as one of the Best Places to Work in Central Florida for Third Consecutive Year

Retrieved on: 
Thursday, September 7, 2023
Central Florida, The Last Best Place, Work engagement, American City Business Journals, Journal, Mattamy Homes, Environment, Management

ORLANDO, Fla., Sept. 7, 2023 /PRNewswire/ - Mattamy Homes is pleased to announce that the company has been recognized as one of Central Florida's Best Places to Work by the Orlando Business Journal for 2023.

Key Points: 
  • ORLANDO, Fla., Sept. 7, 2023 /PRNewswire/ - Mattamy Homes is pleased to announce that the company has been recognized as one of Central Florida's Best Places to Work by the Orlando Business Journal for 2023.
  • This is the third consecutive year the Journal has recognized Mattamy Homes for its workplace environment.
  • Best Places to Work recognizes Central Florida's top employers that have excelled at attracting and retaining workers.
  • "This recognition from the Orlando Business Journal showcases Mattamy's dedication to creating an environment where everyone can do their best work, " says David Baselice, Mattamy's Orlando Division President.

Carofin and Blu Miles announce a new aviation investment vehicle to finance the acquisition of an Airbus A330 aircraft for teardown and parts resale

Retrieved on: 
Tuesday, August 8, 2023
Maintenance, Travel, Syndication, Miami International Airport, Aviation, TF2, A330-200, Fort Lauderdale–Hollywood International Airport, A330, Teardown, Fortification, Airbus, Carolina, Airbus A330, MRO, Airline, Maintenance (technical), Real estate

“This fundraising assignment was wrapped up in a few weeks,” said Garrick Ruiz, VP of Sales and Syndication at Carofin.

Key Points: 
  • “This fundraising assignment was wrapped up in a few weeks,” said Garrick Ruiz, VP of Sales and Syndication at Carofin.
  • “On each new program, Carofin and Blu Miles continue to expand our aviation offerings and distribution network and provide ever-greater value to investors,” noted Blu Miles CEO David Deal.
  • The TF2 investment vehicle was created to meet that growing demand for used parts and maximize the residual value of the end-of-life aircraft.
  • Commenting on the collaboration, Owl Aerospace President Alon Cohen stated that “Carofin came highly recommended from Blu Miles.

Carofin Closes $2.5MM in Southeast Blueberry Farm Transaction

Retrieved on: 
Thursday, July 6, 2023
Farm, Brick, Syndication, CFG, REIT, Agriculture, Aviation, CBG, Sale, Real estate investing, BCM, Traction, Investment, Real estate investment trust, Growth, CFS, SPV, Real estate, Coffee

BREVARD, N.C., July 06, 2023 (GLOBE NEWSWIRE) -- Carofin and Carolina Financial Securities are proud to announce the closing of yet another investment in a blueberry farm in the Southeast, building upon last year’s successful raise for a similar farm.

Key Points: 
  • BREVARD, N.C., July 06, 2023 (GLOBE NEWSWIRE) -- Carofin and Carolina Financial Securities are proud to announce the closing of yet another investment in a blueberry farm in the Southeast, building upon last year’s successful raise for a similar farm.
  • Funded through the single purpose vehicle (SPV), Berry Capital Management II (BCM II), proceeds from this financing accomplished three objectives.
  • The financing secured a farm lease with an institutional agricultural Real Estate Investment Trust (REIT), purchased equipment to operate the farm, and provided working capital to prepare the crop for the 2023 harvest.
  • “Each farm further puts Carolina Berry Group in a position to support our retail customers better as well as our marketing partnerships,” said Brick Rooks, CBG’s CEO.

Carofin Completes Multi-million Dollar Financing for Corrosion Innovations LLC.

Retrieved on: 
Thursday, April 27, 2023
Maintenance, Chloride, Nitrate, AMPP, Life, Marlin, CFG, Sulfate, CI, Chlorine, Ageing, Milliken, Woman, Carbon, Coolidge Dam, Corrosion, USS Saipan, Acquisition, Investment, Engineering, CFS

"Chlor*Rid™ has been a staple of the industry for over 30 years and was a strategic target of ours from day one," said Marlin Lester, CEO of Corrosion Innovations.

Key Points: 
  • "Chlor*Rid™ has been a staple of the industry for over 30 years and was a strategic target of ours from day one," said Marlin Lester, CEO of Corrosion Innovations.
  • He continued, "The liquid products and test kits are utilized all over the world by many different industry segments, including the U.S. military.
  • "The Chlor*Rid™ team has developed the premier salt testing and removal solutions," said Matt Valentine, Corrosion Innovations' new Director of Sales and long-term employee of Chlor*Rid™ Products.
  • CI engaged Carofin , a leading investment bank focused on direct private investment, to source a capital provider to complete its acquisition of Chlor*Rid™.

Flying High, Commercial Aircraft Parts Distributor Nails Safe Landing for Investment Returns Despite Turbulence

Retrieved on: 
Wednesday, March 8, 2023
Aircraft, Co-ownership, Investment, AOG, Hand, Note, Maintenance, COVID, Atmosphere, Senior, MRO, Airline, Maintenance (technical), DSC

Based in Branson, MO, DSC Trading has been a leading supplier of expendable and consumable commercial aircraft parts since 2002.

Key Points: 
  • Based in Branson, MO, DSC Trading has been a leading supplier of expendable and consumable commercial aircraft parts since 2002.
  • A major consideration for airlines is the time its aircraft are on the ground (AOG).
  • As each hour out of the air is an hour in which the aircraft is not profitable, it is essential that airlines have constant access to spare parts where and when needed.
  • Airlines depend upon maintenance, repair and overhaul (MRO) operators to conduct scheduled maintenance on their airplane fleets.

Carofin Completes $2M Equity Financing for TxtSmarter, LLC

Retrieved on: 
Tuesday, December 13, 2022
IMessage, CFS, CFG, Apple, Investment, Social media, WhatsApp, Cryptocurrency, Ecomm Merchant Solutions Champion Novice Hurdle, Series

BREVARD, N.C., Dec. 13, 2022 (GLOBE NEWSWIRE) -- With record-breaking fines facing major financial services firms, Carofin and Carolina Financial Securities are pleased to announce they have successfully raised a total of $2,020,000 in Series A-2 Convertible Preferred Units for TxtSmarter, LLC which was a follow-on financing to a recently completed A-1 round.  Carofin’s growing network of accredited investors and family offices, looking to allocate capital into direct private investments, provided the financing.

Key Points: 
  • BREVARD, N.C., Dec. 13, 2022 (GLOBE NEWSWIRE) -- With record-breaking fines facing major financial services firms, Carofin and Carolina Financial Securities are pleased to announce they have successfully raised a total of $2,020,000 in Series A-2 Convertible Preferred Units for TxtSmarter, LLC which was a follow-on financing to a recently completed A-1 round.  Carofin’s growing network of accredited investors and family offices, looking to allocate capital into direct private investments, provided the financing.
  • San Mateo, California-based TxtSmarter has developed and patented a proprietary methodology for securely archiving private texting platforms and other social media messaging channels.  TxtSmarter is the only solution that addresses Apple's iMessage and Android’s SMS/MMS on the native level.
  • Edward Green, an experienced technology CEO and Founding Partner of Exigent Ventures, is the CEO of TxtSmarter, LLC.  A 26-year seasoned direct venture capital investor, he often invests in high-growth technology and business services.
  • For more information, visit Carofin’s website .