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Trius Lending Partners Establishes New Fund

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Trius Lending Partners Establishes New Fund - REIT Seeks Accredited Investors

“Throughout our 20-year history, Trius has demonstrated a phenomenal track record with positive returns for every single investor.”

Trius Lending Partners, a Mid-Atlantic leading private money and hard-money lender, today announced the launch of its new fund, Trius Lending Partners Fund I, LLC (“Trius”), managed by Superior Settlement Services, LLC. The fund will invest in first lien short-term mortgage loans to borrowers for investment, renovation, and/or rehabilitation of residential and commercial real estate properties.

“Throughout our 20-year history, Trius has demonstrated a phenomenal track record with positive returns for every single investor,” said Josh Shein, Trius Managing Partner. “The launch of our fund provides an opportunity for additional investors and increased capital to continue our investment strategy while still maintaining the level of service, customization and support our clients have long relied upon.”

Trius will seek to make tactical investments that may offer value-add potential, and time acquisitions and dispositions for maximum benefit to their investors. As an evergreen fund, Trius’ goal is to generate an attractive total return for their long term investors.

The fund is open for new investors* looking for portfolio diversity. Additional information is detailed in the fund’s Private Placement Memorandum, available upon request.

Trius’ impressive track record provides two decades of performance across a wide spectrum of economic and real estate environments, pursuing practiced disciplines and investor-focused loans while maintaining a high client retention. Through this new investment vehicle, Trius will continue provide funding for real estate investors, buy and hold, and fix and flip investors.

*Accredited Investors Only. Investors must be “accredited investors” as defined in Regulation D under the Securities Act of 1933. Also includes qualified institutional buyers, investment companies, banks and institutional accounts.

ABOUT TRIUS LENDING PARTNERS: Trius Lending Partners is a direct, private money and hard-money lender with headquarters in Maryland and the Mid-Atlantic. They lend on residential investment properties, fix and flip and rehab projects as well as commercial properties throughout the Mid-Atlantic region. For more information about Trius Lending Partners Fund I, LLC, visit triuslending.com.

ABOUT SUPERIOR SETTLEMENT SERVICES, LLC.: Superior Settlement Services, LLC is a Maryland-based originator of mortgage loans for borrowers seeking to own, rehabilitate, and sell or rent for income purposes investor-owned properties.

DISCLAIMER:

This does not constitute an offer to sell or a solicitation of an offer to purchase limited partnership interests in any security. Any prospective investor is advised to carefully review all of the private placement memorandum, operating agreement and subscription documents (“Investor Documents”) and to consult their legal, financial and tax advisors prior to considering any investment in Trius Lending Partners Fund I, LLC.

AN INVESTMENT IN TRIUS LENDING PARTNERS FUND I, LLC INVOLVES RISK, AND NUMEROUS FACTORS COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF TRIUS LENDING PARTNERS FUND I, LLC TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS THAT MAY BE EXPRESSED OR IMPLIED BY STATEMENTS AND INFORMATION IN THIS PRESENTATION. ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THIS PRESENTATION, SHOULD ONE OR MORE OF THESE RISKS OR UNCERTAINTIES MATERIALIZE, OR SHOULD UNDERLYING ASSUMPTIONS PROVE INCORRECT.

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Source: https://www.prweb.com/releases/trius_lending_partners_establishes_new_fund/prweb17927526.htm

Real Estate

US 158 Construction in Forsyth/Guilford Counties to Impact Hundreds of…

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“Getting a second opinion on important decisions is the American way and our ‘second check’ system provides an opportunity for that second opinion,” said Kevin Mahoney, an attorney at NC Eminent Domain Law Firm and a former Special Deputy Attorney General who represented the NCDOT.

A massive widening of US 158 will soon lead dozens of home and property owners in Forsyth and Guilford counties to the bargaining table with the NCDOT.

The US 158 construction project (between US 421 and Belews Creek Road) will affect hundreds of properties, including homes, churches, and businesses along approximately 20 miles of the increasingly busy artery. Construction will take place in these phases:

  • Section A is 5.1 miles long and will impact nearly 250 properties. It begins just north of U.S. 421/Business 40/N.C. 150 and ends at Belews Creek Road in Forsyth County. Section A construction will begin in Forsyth County in 2022.
  • Section B is 7.2 miles long. It begins at Belews Creek Road in Forsyth County and ends at Anthony Road in Guilford County. Section B construction will begin in 2026.
  • Section C is 6.5 miles long. It begins at Anthony Road in Guilford County and ends at U.S. 220 in Guilford County. The construction schedule for Section C of the project is still to be determined, but is not expected before 2028.

The NCDOT has set aside more than $23 million to compensate home and property owners for these projects.

The offers some property owners receive from state officials may amount to far less than what their property is worth. These offers will not make up entirely for the potential danger they may face from the increase in traffic or the frustration when trying to sell their property with a greatly diminished market value, according to former NCDOT attorneys at the NC Eminent Domain Law Firm.

Home and property owners affected by these projects are invited to attend a seminar at no obligation whatsoever to learn more about their rights:

“Second Check”

By North Carolina law, property owners whose land or businesses are targeted for acquisition ultimately receive an offer from the state. If the owner chooses not to accept the offer and takes no further steps, the state will still acquire the land and deposit the amount of the original offer with the County Clerk for the owner.

This is where the NC Eminent Domain Law Firm’s “second check” approach saying comes into play. In most cases, the property owner is then free to pursue a potentially better, fairer arrangement — without losing the first offer.

If continued negotiations do not change the offer, the owner still has the first offer. But if continued negotiations are successful, the property owner will receive a “second” check in addition to the first offer.

“Knowing what is legally compensable, and having read hundreds of appraisals, there are certain things that quickly jump off the page to an experienced reader,” Kevin Mahoney, an attorney at the NC Eminent Domain Law Firm and a former Special Deputy Attorney General who represented the NCDOT, said. “Getting a second opinion on important decisions is the American way and our ‘second check’ system provides an opportunity for that second opinion.”

The NC Eminent Domain Law Firm is available to talk with property and business owners and to try to answer questions about the unique circumstances regarding their individual properties. Those questions typically include:

Property owners who have questions about this project and how it will affect them are encouraged to:

About the NC Eminent Domain Law Firm

The NC Eminent Domain Law Firm is dedicated solely to representing property owners impacted by eminent domain law. It is led by three former Attorneys General who represented the NC Department of Transportation handling some of their largest and most important cases. The firm’s attorneys have over 70 years of combined experience working exclusively in land condemnation. The NC Eminent Domain Law Firm is a division of the Law Offices of James Scott Farrin, which has more than 50 attorneys, based in Durham, North Carolina, with 15 additional offices statewide: Asheville, Charlotte, Fayetteville, Greensboro, Greenville, Goldsboro, Henderson, Morganton, New Bern, Raleigh, Roanoke Rapids, Rocky Mount, Sanford, Wilson, and Winston-Salem.

Contact Information:

Stan Abrams

1-877-393-4990

NC Eminent Domain Law Firm

301 N. Main Street

Suite 2409-C
Winston-Salem, NC 27101

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Source: https://www.prweb.com/releases/us_158_construction_in_forsyth_guilford_counties_to_impact_hundreds_of_property_owners/prweb18014016.htm

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Former Realtor.com Vice President of Marketing joins T3 Sixty

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“Adding a talented industry marketer like Frederick to the T3 Sixty, rounds out our selection of consulting services to brokers and franchises, ” said T3 Sixty President Jack Miller.

T3 Sixty, a real estate management consulting and analytics firm, has appointed former realtor.com executive Frederick Herot as vice president of marketing to lead the firm’s marketing consulting services for residential real estate brokerage companies.

Herot will lead marketing services engagements and provide marketing leadership for T3 Sixty clients, in conjunction with T3 Sixty’s strategic consulting services. Now, T3 Sixty’s integrated professional services provides brokers, franchisors and teams access to marketing expertise to empower their new initiatives, from making assessments of existing marketing and positioning to planning new marketing campaigns, and for developing staff to implement their marketing plans.

Herot led the marketing efforts at realtor.com for 14 years as vice president of marketing where he guided the company’s efforts to market its tools and services to brokerages, teams and agents through national campaigns, case studies, events and videos. Before realtor.com, he served as a vice president of marketing at Weichert Realtors for 14 years.

“Adding a talented industry marketer like Frederick to the T3 Sixty, rounds out our selection of consulting services to brokers and franchises,” said T3 Sixty President Jack Miller.

“I’ve built a career understanding the messaging and marketing needs of brokerages, teams and agents,” said Frederick Herot, “ and now I can enable brokers to fine-tune their marketing through T3 Sixty’s exceptional combination of consulting services.”

About T3 Sixty

T3 Sixty is a trusted advisor and management consultancy in the residential real estate brokerage industry. T3 Sixty also provides extensive data services and research to affect intelligent change and growth. For more, visit t360.com.

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Source: https://www.prweb.com/releases/former_realtor_com_vice_president_of_marketing_joins_t3_sixty/prweb18023253.htm

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LPA Design Studios Elevates Keith Hempel to Chief Design Officer

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Keith Hempel

He’s going to elevate performance in all of our work to help solve the greatest problem of our time, climate change.

Integrated design firm LPA Design Studios today announced the promotion of industry veteran Keith Hempel, FAIA to Chief Design Officer (CDO), where he will help guide the firm’s integrated design process and strengthen the connection between sustainability and design excellence.

Hempel, who started with LPA in 1995, is an established leader in sustainable design and an advocate for the benefits of a research-based, multi-discipline approach to design, including engineers, landscape architects and interior designers at the earliest stages of the process. For the past two years, LPA has been the largest firm in the U.S. to meet the AIA’s 2030 Commitment by averaging more than a 70 percent reduction in predicted energy use in new projects.

In his new role, Hempel will serve as a resource across all of LPA’s practices and studios and advance the connection between sustainability and design excellence.

“As CDO, Keith will be an advocate for ensuring everybody at LPA is fluent in the language of sustainability and design excellence,” said LPA CEO Wendy Rogers. “He’s going to elevate performance in all of our work to help solve the greatest problem of our time, climate change.”

Hempel says his primary goal will be to bring consistency to every aspect of the design process, as well as a focus on research and data.

“We want to deliver the same rigor to every project, day in, day out, regardless of the size or budget, across all our project teams,” Hempel says. “My role will be to help guide the design teams and connect them to the resources that will make their design solutions stronger.”

Earlier this year, Hempel was elevated to the AIA College of Fellows, recognizing his significant national contributions to the architecture profession. In January, he was named to the AIA’s National 2030 Commitment Working Group, where he helps other firms meet energy reduction targets. As a member of the AIA National Large Firm Roundtable Sustainability Working Group, he works with industry leaders to share knowledge and develop resources for firms across the U.S.

LPA supports the AIA’s Framework for Design Excellence, which makes conservation, embodied carbon, well-being and resiliency part of the foundation for any design, in addition to energy performance.

“As an integrated firm, we want to take a much more holistic look at what’s important about design,” Hempel says.

Hempel’s experience working across market segments, including award-winning work in commercial, civic and education projects, make him uniquely qualified for the CDO position, Rogers says. He brings an understanding and sensitivity to the different audiences, as well as spirit of collaboration, she says.

“He really is one of those people in the firm who epitomizes what it means to work together as a team,” Rogers says. “He encourages every voice at the table.”

About LPA Design Studios

Founded in 1965, LPA specializes in creating innovative environments that work better, do more with less and improve people’s lives. An integrated design firm with six locations in California and Texas, LPA’s team includes more than 400 in-house architects, master planners, engineers, interior designers, landscape architects and research analysts, working across a wide array of sectors. For more information, visit lpadesignstudios.com.

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Source: https://www.prweb.com/releases/lpa_design_studios_elevates_keith_hempel_to_chief_design_officer/prweb18017632.htm

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Joseph Simone of Simone Development Companies Sees Remote Working to…

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“We’ve just witnessed a great relocation of Americans and the healthcare sector hasn’t caught up yet,” said Joe Simone. “This mass movement of people represents tremendous opportunities for agile health providers that can pivot from urban cores to the suburbs.”

Healthcare real estate developer Joe Simone foresees an increase in non-downtown medical projects as providers relocate from urban office cores to serve their remotely working patients.

“Many commuters who formerly worked in urban cores patronized doctors and medical practices that were easily accessible from the office,” said Joseph Simone, President of Simone Development Companies, a leading developer of healthcare facilities. “However, the boom in remote working that started during the pandemic emptied urban office cores. Patients are now forced to find healthcare services close to home, which means the suburbs and other residential areas.”

In recent weeks, news reports nationwide have asked when or if office workers will return to central business districts. While the post-pandemic recovery is still incomplete, there is a growing consensus that many office workers will stay home. Additionally, a national exodus of residents in urban cores for more suburban locations has created housing-price spikes in rings around almost every major U.S. metropolis.

“We’ve just witnessed a great relocation of Americans and the healthcare sector hasn’t caught up yet,” said Simone. “This mass movement of people represents tremendous opportunities for agile health providers that can pivot from urban cores to the suburbs.”

A good example is Simone’s 644 West Putnam Avenue property in Greenwich, Connecticut., a commuter community in New York City’s northern suburbs. The mixed-use building offers 19,000 square feet of ground floor retail space and 20,000 square feet of second floor office/medical/retail space.

“People in the urban core are moving to communities like Greenwich, but they still want the specialty shopping and services of a dense urban environment,” Joseph Simone said.

About Simone Development Companies.

Simone Development Companies is a full-service real estate investment company specializing in the acquisition and development of office, retail, industrial and healthcare properties in the New York tristate area. Headquartered in the Bronx, the privately held company owns and manages more than 6 million square feet of property in the Bronx, Westchester County, Queens, Long Island, New Jersey and Connecticut. The company’s portfolio includes more than 100 properties and ranges from multibuilding office parks to retail and industrial space.

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Source: https://www.prweb.com/releases/joseph_simone_of_simone_development_companies_sees_remote_working_to_spur_healthcare_development/prweb18021965.htm

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