Commercial Real Estate Lender – Pacific Security Capital – Guides Retailers Through the Retail Property Loan Underwriting Process

Commercial Real Estate Lender – Pacific Security Capital – Guides Retailers Through the Retail Property Loan Underwriting Process

Pacific Security Capital, a commercial real estate investment bank offering the broadest possible array of financing alternatives, breaks down the underwriting guidelines for obtaining commercial real estate financing for retailers.

(PRWEB) February 20, 2004

Http://www. PacificSecurityCapital. com (http://www. PacificSecurityCapital. com) - Pacific Security Capital, a leading commercial real estate lender offering the broadest possible array of financing alternatives, has developed a new guide for breaking down the underwriting guidelines retailers should consider when obtaining Commercial Real Estate and Retail Property Loans.

Pacific Security Capital has extensive knowledge of the commercial real estate business; including permanent loans, mezzanine loans, bridge and interim financing for multifamily, retail, office, hospitality and industrial loans. Through their years of experience Pacific Security Capital has compiled the following underwriting guidelines Retailers should consider when looking to secure a Retail Property Loan:

1 – Determine if the property is eligible:

Anchored or unanchored single-story retail centers are eligible for Retail Property Loans:

Anchored – Allowable anchors include supermarket-drug stores, discount department stores, dry goods, retail and home improvement stores. Financially healthy national, regional or local chains are acceptable. Anchor tenant leases should have at least five years remaining on their leases, as of the date of closing. Anchors should exhibit strong sales histories. Unanchored – Unanchored centers should have a complimentary tenant mix. Stores in unanchored centers must have strong, stable sales histories. Not more than 25% of the leases should expire in any single year. Credit tenants with base lease terms exceeding five years beyond the final term loan typically will receive most favorable underwriting.

The property must be strong sales generator with a good reputation in the market. Two-story centers can be considered, but typically will underwrite the second story with income limitations. Special use properties and smaller buildings with limited appeal to alternative tenants are excluded. Free-standing stores are considered on a case-by-case basis. Current minimum economic occupancy of 85% is required. And credit tenants with greater than five years remaining on the lease term are preferred.

2 – Determine eligible property locations:

Nationwide - require direct access to major roadways and high visibility. Infill locations in developed neighborhoods are preferred. Unanchored centers should be located in high traffic areas. Where direct competition exists, the property is required to exhibit a stronger market appeal than the competition or a history of retaining its tenancy, sales volume and competitiveness.

3 – Identify the Type of loan desired:

Acquisition, Development, Construction, or Permanent Commercial Real Estate Financing is available.

4 – Identify Details of the Loan:

Loan size – a typical retail property loan ranges from $3 Million - $100 Million, larger portfolio transactions will also be considered Debt Service Coverage – Generally, 1.20 to 1.30x, depending on the quality of the location of the market, the property and the existence and quality of anchor tenants. Loan-to-Value Ratio – Up to 80% maximum LTV in first position for permanent financing. Higher leveraged requirements should inquire about mezz debt options. Long Term – 7, 10, 15, 20 and 25 years are available for permanent financing. AD&C loans from 12 – 36 months. Amortization – 30 years or less, depending on major lease terms and expiration, and property age. *Interest Rates – Pricing is based upon the quality of the real estate and the credit strength of the deal.

By following these underwriting guidelines from Pacific Security Capital, the process of obtaining a Commercial Real Estate Retail Property Loan is greatly accelerated.

About Pacific Security Capital:

Pacific Security Capital is a leading commercial real estate lender providing debt, equity and hybrid capital for the acquisition, development, construction, renovation, bridge, mezzanine, and permanent financing of commercial real estate projects requiring more than $1MM in financing. Pacific Security Capital is headquartered in Portland, Oregon with other offices in Seattle, LA, Chicago, Houston and New York. More information about the company can be found at http://www. PacificSecurityCapital. com (http://www. PacificSecurityCapital. com).

For information about Pacific Security Capital visit: http://www. PacificSecurityCapital. com (http://www. PacificSecurityCapital. com) or contact Mike Myatt at mikem@PacificSecurityCapital. com

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CeradyneÂ’s Quote-to-Order Process on Track With Purchase of CincomÂ’s Interactive Selling and Product Configuration Solution

CeradyneÂ’s Quote-to-Order Process on Track With Purchase of CincomÂ’s Interactive Selling and Product Configuration Solution

CINCINNATI, Ohio (PRWEB) December 21, 2003

Ceradyne, a leader in advanced technical ceramics, is continuing its cost-reduction strategy in their cutting-edge, lightweight ceramic armor division with their recent purchase of Cincom Manufacturing Business SolutionÂ’s Interactive Selling and Product Configuration Solution. What began as a search for a simple contact management system, culminated in recognizing the need for a totally integrated solution to enhance CeradyneÂ’s Quote-to-Order business processes.

CeradyneÂ’s Costa Mesa, CA operation employs continuous operational improvement. Yet, as in most complex manufacturing organizations, divergent systems and redundant data entry can be roadblocks to optimum customer satisfaction. Although CeradyneÂ’s total administrative lead time of two to four weeks to complete a quote is not unusual for the industry, CeradyneÂ’s Sales and Engineering Departments are determined to reduce quote-to-order times for their customers.

With the Cincom Knowledge BuilderÔ at the heart of Cincom’s Interactive Selling Solution and Product Configuration, new salespeople will quickly be up-to-speed on Ceradyne’s complex products and services, and ready to deliver total solutions to Ceradyne’s customers. Soon Ceradyne’s sales professionals will be able to respond to the most complex quotes, with automatic generation of BOMs and routings, facilitating the integration of front and back-office processes. The bottom line - less time chasing the expert, more time serving the customer!

About Ceradyne

 Ceradyne develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications. Additional information can be found at the companyÂ’s website: www. ceradyne. com.

The company has three domestic manufacturing sites, with sales offices and agents in many industrialized nations. Ceradyne is a publicly traded company (NASDAQ:CRDN) with joint ventures, licensing agreements, and other partner relationships with many of the largest U. S. corporations.

About CRM for Complex Manufacturers and Cincom Manufacturing Business Solutions. Robust yet flexible, CincomÂ’s CRM for Complex Manufacturers simplifies the most complex selling, while accelerating the sales cycle, broadening sales channels, and lowering the cost to sell. Cincom Manufacturing Business Solutions are based on over three decades of experience, providing strategic value to manufacturing companies. During that time, Cincom has provided their customers an evolutionary path through major technological changes, enabling them to keep pace without major disruption to their business. Cincom's knowledge of manufacturing ensures delivery of robust products with rapid implementation resulting in the fastest Return-on-Investment (ROI) and the best customer support in the industry.

About Cincom

Cincom, the world's most experienced software company, builds, sells, and supports software for 1) data access and integration, 2) process automation, 3) manufacturing business solutions, and 4) business communications. Thousands of customers around the world rely on Cincom's 35 years of experience to provide innovative solutions to some of their toughest and most complex business problems. High quality, rapid implementation and excellent service give Cincom clients greater productivity, faster speed-to-market, and a quicker and greater return on investment (ROI).

Cincom serves thousands of clients on six continents in a variety of markets including financial services, aerospace and defense, banking and insurance, healthcare, manufacturing, call centers, retail, utilities, government, and education. Cincom clients include Rockwell, Praxair, Citibank, Northwestern Mutual, American Bankers, Anheuser-Busch, Federal Express, Ericsson, Prudential Financial, Federal Reserve Board, Duke University Medical Center, Mayo Health System, MetLife, Morgan Stanley & Company, Penn State University, Siemens, and Trane. For more information about Cincom products and services, contact us at 1-800-2CINCOM (US), send e-mail to info@cincom. com, or visit the company's website at www. cincom. com/manufacturing (http://www. cincom. com/manufacturing).

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U. S. Companies Now Budgeting Hangovers In Production Cost?

U. S. Companies Now Budgeting Hangovers In Production Cost?

The all-too-common hangover is costing companies money and costing Americans time and health.

Memphis, TN (PRWEB) June 30, 2006

This week, a Memphis-based medical company unveiled a new hangover pill that promises to cleanse the body of toxins and restore natural hormonal balances, giving avid drinkers the ability to recover faster.

The new pill called Altoxin is manufactured by Selmedica Healthcare. A company spokesman said Altoxin is a dietary supplement that incorporates herbs that have been used effectively for centuries to fight the signs of hangovers, like headache and nausea, plus choice herbs that have been shown to improve liver function and help your body flush out toxins.

“The blend of botanicals that make up Altoxin are the result of the international research of multiple universities, scientists and doctors over the past two decades,” the spokesman said.

Dr. Anil Minocha, professor of medicine and director of Digestive Disease at The University of Mississippi Medical Center, Jackson, Miss., said alcohol hangover involves numerous changes in the balance of hormones, neurotransmitters and biological substances in the body.

Alcohol hangovers are not just a nuisance, and their socio-economic impact is not insignificant, Minocha said. In the U. S. alone, he said, the cost of alcohol use is a staggering $148 billion dollars each year, much of it due to work missed or decreased occupational productivity due to hangover.

“Hangovers account for an average annual opportunity cost of $2000 per working adult,” Minocha said. “Contrary to popular misconception, light to moderate drinkers account for the most work related costs.”

Cindy Mills of Memphis said she tried Altoxin after attending several parties during spring break and was amazed at the results.

“I ordered some Altoxin and figured I would give it a try during spring break. Although we were partying all night, I didn’t want to miss the beautiful mornings on the beach. I took it before I started the night, and the next morning, I didn’t have a hangover at all. I wasn’t sick or in pain. I enjoyed fun nights and wonderful mornings.”

For more information about hangovers, visit www. altoxin. com.

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Platypus Technologies Sniffs Out New Home In Fitchburg Technology Campus

Platypus Technologies Sniffs Out New Home In Fitchburg Technology Campus

MadisonÂ’s Platypus Technologies, LLC, will soon be moving into a new home come June 2005. This biotech company which specializes in the application of nanotechnology to the life sciences, will occupy 8,000 square feet in the New Venture Center located on the Fitchburg Technology Campus.

FITCHBURG, WI (PRWEB) October 8, 2004

MadisonÂ’s Platypus Technologies, LLC, will soon be moving into a new home come June 2005. This biotech company which specializes in the application of nanotechnology to the life sciences, will occupy 8,000 square feet in the New Venture Center located on the Fitchburg Technology Campus.

The New Venture Center is a partnership between Fitchburg Technology Campus and Ruedebusch Development and Construction. Ruedebusch Development and Construction, also the contractor for the project, has experience with other technology building projects including those for Alfalight, TEC Center, and Gala Design. In addition to Platypus Technologies, BIOPONS, a services and support company designed to facilitate the development and operations of new and expanding biotechnology companies, and the Kegonsa Seed Fund, an early-stage and seed fund operated by Mr. Ken Johnson, will occupy space in the New Venture Center. The two-story, 46,000 square foot building still has additional space available.

“We’re very happy to join the growing number of technology companies in Fitchburg,” said Barbara Israel, PhD, co-founder and CEO of Platypus Technologies. “We think Fitchburg Technology Campus will meet our needs as a growing biotech company.”

The three founders, Israel, Nicholas Abbott, PhD (President & Chief Scientific Officer), and Christopher J. Murphy, DVM, PhD (Vice-President and Chairman of the Board), formed Platypus Technologies in 2000 to commercialize inventions from AbbottÂ’s research lab. Since then, Platypus Technologies has received $7.2 million in Federal funds from such agencies as National Institutes of Health, National Science Foundation, Defense Advanced Research Projects Agency, United States Department of Agriculture and the US Army.

Over the past four years, Platypus Technologies has created 20 well-paying jobs. Their staff consists of chemists, biochemists, physicists, chemical engineers, materials science engineers and molecular biologists. Platypus TechnologiesÂ’ research will be used to develop new diagnostics and a new generation of sensors, aid in cancer research, and accelerate drug development, thus lowering costs to bring new drugs to market.

“Platypus Technologies is a growing company with internationally recognized science,” said Chris Armstrong, project manager for the Campus. “We could not be more excited to welcome them to the New Venture Center and Fitchburg Technology Campus.”

About Fitchburg Technology Campus

Fitchburg Technology Campus is the first of its kind in the Midwest. Located just minutes south of Madison, Wisconsin, the campus will house dozens of high-tech businesses, a thriving retail center, parks, recreational areas and rich residential offerings when complete. With its close proximity to the University of Wisconsin-Madison, it will also serve as a hotbed for biotechnological start-up firms. For more information about Fitchburg Technology Campus, contact contact Chris Armstrong at carmstrong@fitchburgtech. com or (608) 294-4086, or Karyl Lynn Bruckner at klbruckner@fitchburgtech. com or (608) 294-4085.

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EyeCare America Offers No-Cost Medical Eye Care to Qualified Seniors In Support of National AMD Month - March 2009

EyeCare America Offers No-Cost Medical Eye Care to Qualified Seniors In Support of National AMD Month - March 2009

Age-related Macular Degeneration (AMD) is the leading cause of vision loss in people 65 years or older in the United States. According to the National Eye Institute, AMD affects more than 10 million Americans.

(Vocus) March 2, 2009

San Francisco, CA -- Age-related Macular Degeneration (AMD) is the leading cause of vision loss in people 65 years or older in the United States. According to the National Eye Institute, AMD affects more than 10 million Americans. Macular degeneration refers to the breakdown of the macula of the eye, where our sharpest central vision occurs. A person with macular degeneration may be able to see a clock on a wall, but not see the numbers, or walk into a room without bumping into furniture. Words may look blurred and straight lines may appear crooked.

As our population ages, and the "baby boomers" advance into their 60's and 70's, we will see a virtual epidemic of AMD. In fact, according to the National Eye Institute, it is estimated that Americans with moderate to severe AMD will reach 17 million by the year 2020.

In support of National AMD Month this March 2009, EyeCare America encourages all seniors to see if they qualify for an eye exam at no out-of-pocket cost available through its AMD EyeCare Program by calling 1-866-324-EYES (3937). Recent studies also show that eating foods rich in antioxidants such as lutein, zeaxanthin, omega-3 fatty acids, beta carotene, vitamin C, vitamin E and zinc, may reduce the risk of AMD, or slow its progression in some people. In light of this, EyeCare America has developed a cookbook called Feast Your Eyes on This! which includes eye healthy recipes from celebrity chefs from across the United States. The complete cookbook is available for free online at www. eyecareamerica. org.

"Blindness and vision impairment have enormous personal, social and economic costs, limiting the activities of otherwise healthy and active people," said William Tasman, MD, Chair of EyeCare America's AMD EyeCare Program. "EyeCare America bridges the gap between the senior community and the quality eye care they need. By increasing awareness of eye diseases such as AMD and its risk factors, and connecting more people with exams and care, EyeCare America works to reduce preventable blindness in the U. S. thereby enabling older Americans to see clearly into the future, and and maintain maximum independence."

EyeCare America's AMD EyeCare Program is a year-round program that promotes annual eye exams for people 65 and older, raises awareness of AMD, provides the latest information about treatment options and low vision services, offers free AMD educational materials, and facilitates access to care at no out-of-pocket cost for those who qualify. The eye exams are provided by more than 7,000 dedicated volunteer ophthalmologists across the U. S. People may call the toll-free helpline at 1-866-324-EYES (3937), anytime, for themselves, family members and/or friends to see if they qualify to be referred to one of our volunteer ophthalmologists, or to request free AMD educational material.

Callers who have not seen an ophthalmologist in three or more years may be eligible to receive a comprehensive medical eye exam and, in most cases, up to one year of care at no out-of-pocket cost for any disease diagnosed during the initial exam.

The AMD EyeCare Program is designed for people at increased risk for AMD, but who have NOT been diagnosed and who:
 Are age 65 and older  Are US citizens or legal residents  Have not seen an ophthalmologist in three or more years  Do not belong to an HMO or the VA Eyeglasses, medicines, hospital services and fees of other medical professionals are not included.

About EyeCare America
Established in 1985, EyeCare America, the public service program of the Foundation of the American Academy of Ophthalmology, is committed to the preservation of sight, accomplishing its mission through public service and education. EyeCare America provides eye care services to the medically underserved and for those at increased risk for eye disease through its corps of 7,000 volunteer ophthalmologists dedicated to serving their communities. More than 90 percent of the care made available is provided at no out-of-pocket cost to the patients. EyeCare America includes programs for seniors, glaucoma, diabetes, AMD and children, and is the largest program of its kind in American medicine. Since its inception, EyeCare America has helped more than 1 million people. EyeCare America is a non-profit program whose success is made possible through charitable contributions from individuals, foundations and corporations. More information can be found at: www. eyecareamerica. org

Media Contact: Allison Neves, Director of EyeCare America Communications - 415.561.8518

Note to Editors and Producers: High-resolution images and interviews with EyeCare America spokespeople, physicians and patients available upon request.

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Including Medical Tourism as an “Open Enrollment Option” for Employers

Including Medical Tourism as an “Open Enrollment Option” for Employers

Costa Rican Medical Care offers a complete medical tourism option for companies at no cost to the company or their employees. The savings on medical and dental procedures average 30% - 70% over U. S. prices, providing an instant ROI for those covered under either a consumer directed health plan or under a self-funded insurance plan.

Lake Geneva, WI (PRWEB) October 5, 2010

With many companies researching different options to keep their healthcare expenses down this fall, adding a medical tourism option should be first on the list.

Costa Rican Medical Care offers a complete medical tourism option for companies at no cost to the company or their employees. The savings on medical and dental procedures average 30% - 70% over U. S. prices, providing an instant ROI for those covered under either a consumer directed health plan or under a self-funded insurance plan. Our team can contact your insurance company to determine if a procedure will be covered and if it is not find out why not. It only makes sense for an insurance company to cover procedures by licensed foreign doctors and accredited hospitals.

Health Savings Accounts are particularly adaptable to a medical tourism option since travel and accommodations are qualified expenses as defined by the Treasury Department. Let Costa Rican Medical Care explain how to use your HSA/Health Savings Account dollars using our medical tourism option. For example, if your doctor orders a Colonoscopy it could cost $5000 or more in may areas of the country and wipe out your HSA, but by using Costa Rican Medical Care you would received a complete physical which includes lab work, imaging diagnosis, complete colonoscopy, cardiac stress test, air fare and hotel for around half the cost.

When considering a medical tourism option there are a number of factors to consider. Is the country stable? How long is the travel time? How much does it cost to get there? Who is picking you up once you get there? Are the providers accredited? Using medical tourism only makes sense if the numbers work and the total savings are there.

If you are an health agent, TPA, employee benefits advisor, employer or just an individual trying to save on healthcare, contact Costa Rican Medical Care at 262-348-1300 and see how easy adding a medical tourism option can be.

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Accelitech’s 7th CyberKnife to Open in Miami

Accelitech’s 7th CyberKnife to Open in Miami

Mercy Hospital and Accelitech have partnered to bring the CyberKnife Stereotactic Radiosurgery System to Miami

Chicago, IL (PRWEB) January 15, 2010

Accelitech LLC, is pleased to announce that its 7th CyberKnife Stereotactic Radiosurgery System will be placed in partnership with Mercy Hospital in Miami, Florida.

With the launch of the Miami site during the first quarter of 2010, Accelitech locations will represent approximately 6% of the total CyberKnife installations in the US market. Accelitech’s market share and total installations are projected to grow considerably in 2010 and beyond as demand for cancer care increases and capital constraints experienced within the healthcare system continue. Accelitech provides hospitals and physicians with a full array of service to successfully launch and operate cancer treatment technologies including structured capital, business planning, partnership creation, deployment and ongoing program optimization.

Accelitech LLC is a leading developer of stereotactic radiosurgery and cancer treatment programs. Headquartered in Chicago, IL., Accelitech is a privately-held company with extensive experience and resources in healthcare law, finance, development, and clinical operations. Accelitech provides the funds, expertise and legal models to allow physicians and hospitals to bring new technology to market for the benefit of the patients they serve. Accelitech has sites and projects under development throughout the United States.

For additional information about Accelitech and the services provided contact Scott Milligan at (312) 622-3301. www. accelitech. biz

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