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AGORACOM Welcomes Everlert (EVLI: PINK) with Assets Diversified Amongst Real Estate and Entertainment $EVLI.us

Posted by AGORACOM-JC at 2:27 PM on Monday, March 6th, 2017

Everlert large

  • Rights to intellectual properties with well known celebrities from music, and other entertainment sectors.
  • Current projects under development include documentary films, biographies, TV programming, music and digital media.
  • In addition, will focus on partnering with a number of digital media companies that are experts and innovators in mobile gaming and proximity marketing for the development of mobile applications for Everlert intellectual properties.

Joint Venture with Blue Cadillac Music, LLC.

  • Emerging record label and publishing company created by Country Music Icon Billy Ray Cyrus and award winning producer and label executive Brandon Friesen.
  • Blue Cadillac Music premiered its first single in 2012 by Cyrus called “That’s What Daddy’s Do” followed by Billy Ray’s highly acclaimed full length release “Change My Mind”.
  • Cyrus has numerous new projects in the works including the premiere of a new television series on CMT, “Still The King,” in which he shares writing and executive-production credits. Cyrus stars as the center role of “Burnin’” Vernon Brown, a one-hit wonder who becomes an Elvis impersonator after a wreck into an old country church outside of Nashville during a drunken bender, he is sentenced to return and perform community service.

The Company expects that this Joint Venture will be profitable in 2016 and generate income that may be allocated to Everlert.

Everlert Properties Inc.

  • In the process of evaluating residential real estate and senior living properties through joint ventures with landowners with properties located in Southern California.

As part of the Everlert Inc.’s decision to diversify operations and as part of the Board of Director’s initiative to focus on higher margin businesses with more long term growth and to reduce company liabilities, Totalpost Services was sold to its original owners on February 20, 2015 and is presented as a discontinued operation in the footnotes to the financial statements as of December 31, 2016. The Board believes that by streamlining operations the Company is able to reduce administrative expenses and improve longterm shareholder value.

JV with JH Media Group and Estate of Jerry Heller 

  • Everlert acquired a Joint-Venture interest in JH Media Group, which is a Limited Liability Company that was owned by the late Gerald “Jerry” Heller, Jennifer Harper and Denny Diante.
  • Jerry Heller was the famous long-time music producer and manager that helped launch the career of N.W.A and the gangsta-rap movement.
  • JH Media Group entity holds intellectual property rights with a potential value of up to $1 Billion, as well as of rights arising from the pending administration of the estate of Jerry Heller.
  • Company intends to actively work with Heller’s estate to develop some of its entertainment assets through its network and expertise in the industry and through the insight and expertise of Jennifer Harper.  Jennifer Harper has joined the Board of Directors of Everlert and is the new President of Everlert, Inc.

Gryphon Media Holdings Everlert affiliated with Gryphon Media Holdings, LLC in December 2016 along with Kevin Harrington (“Shark Tank” judge and pioneer of the infomercial industry) and Jennifer Harper and Mark Blankenship. Gryphon Media distributes products and music worldwide through the platform and distrcailacibution channels that Kevin Harrington has developed in partnership with Jimmy Jongebloed and Brian Harrington. Everlert has an equity interest in Gryphon Media Holdings LLC. Among other projects, it is the intention of both JV partners to develop some of the assets in the Jerry Heller estate, including films. Mr. Harrington has agreed to join the Board of Directors of Everlert in 2017 as has Jennifer Harper.

Peter’s Landing JV In May of 2016

  • Company entered into a Joint Venture to acquire a 50% equity and the option to purchase Peter’s Landing, which is a landmark commercial development and marina located in Huntington Harbor, California.
  • Everlert was responsible for restructuring all of Peter’s Landing’s existing financing, which will allow the Company to acquire the other 50% interest by paying $25,000,000 to Peter’s Landing LLC.
  • Peter’s Landing is valued at approximately $50,000,000 as is without any enhancements, but could be improved to be potentially valued at $250,000,000. For more information on Peter’s Landing, please visit: www.peterslandingmarina.com.

Goodlife Recover Center Partnership On May 5, 2016

  • Everlert partnered with Stanton GoodLife Recovery LP by acquiring a thirty percent interest in the Stanton, California based sober living facility and its other ongoing projects.
  • First step in Everlert actualizing its plan to become a developer and operator of a senior assisted living facility in the Inland Empire region of Southern California through Everlert Properties, Inc.

12 Month Stock Chart

Property Transactions in Jan-Aug Period Surge on Rising Ownership, Easy Mortgage

Posted by AGORACOM-JC at 3:56 PM on Friday, October 2nd, 2015

PROPERTY TRANSACTIONS IN JAN-AUG PERIOD SURGE ON RISING OWNERSHIP, EASY MORTGAGE

  • Rising trend of property ownership and easy access to mortgage, the sultanate’s real-estate market is witnessing a robust growth this year despite persistent lower oil prices.
  • Total value of property transactions surged 53.2 per cent to RO2.94bn during the period from January–August this year from RO1.91bn in the corresponding period of 2014

By Gulam Ali Khan

September 30, 2015

MUSCAT –

With the rising trend of property ownership and easy access to mortgage, the sultanate’s real-estate market is witnessing a robust growth this year despite persistent lower oil prices.

The total value of property transactions surged 53.2 per cent to RO2.94bn during the period from January–August this year from RO1.91bn in the corresponding period of 2014.

The sharp rise in transactions comes on the back of robust growth in mortgage contracts. Traded value of mortgage contracts jumped 79.6 per cent to RO2.05bn from RO1.14bn a year ago, statistics released by National Centre for Statistics and Information (NCSI) showed.

“The growth is more due to a combination of factors including population growth leading to demand-based activity, desire of property ownership in more uncertain economic times and better availability and competitively priced mortgage options,” said Christopher Steel, managing partner at Savills Oman.

“We believe that property ownership is increasing in appeal as there have been a lack of other real investment opportunities for the Oman population at large. There have been no significant rights issues over the period and the stock market is showing signs of sensitivity, therefore property becomes a viable route for investment,” he said.

The number of mortgage contracts rose by 13.2 per cent to 15,001 in the first eight months this year from 13,249 a year earlier.
Steel said mortgages are now more accessible for the population at large with banks and finance houses having tailored their products to meet the requirements of end-borrowers.

“Islamic financing options have certainly appealed to a large segment of the market that previously was not comfortable with traditional mortgage solutions. Also, the financial logic of mortgaging property is now better understood by certain classes of investors.

With most mortgages costing below five per cent per annum and rental returns from most property higher than this, property become basically self financing when geared at circa 70-80 per cent.”

In addition to mortgage transactions, NCSI statistics shows that the traded value of property in sales contracts rose 13.3 per cent to RO867mn from 765mn. The number of sales contracts decreased by 2.3 per cent to 54,220 in first eight months of 2015 compared to 55,521 last year.

Unlike the UAE – where property transaction levels have been falling across Abu Dhabi, Dubai and Sharjah – lower oil prices have not been negatively impacting Oman’s property market.

“There has been no discernable negative affect on the property market as a result of lower oil prices. Certainly, a slowdown in some larger infrastructure projects as a result of reduced government expenditure could negatively impact on some areas of secondary real estate but we believe this will be balanced by the push for diversification into other areas of the economy,” Steel said.

The number of properties issued for GCC states citizens dropped by 25 per cent to 1,670 from 2,233 in first eight months of 2014.

Read more:http://www.muscatdaily.com/Archive/Business/Property-transactions-in-Jan-Aug-period-surge-on-rising-ownership-easy-mortgage-4bye#ixzz3nLZniGS8
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Omagine, Inc. Appoints Alan M. Matus as Director

Posted by AGORACOM-JC at 2:03 PM on Friday, August 28th, 2015

Omag

New York –August 28, 2015 –Omagine, Inc. [OTCQB: OMAG] today announced that Alan M. Matushasbeen appointed as an independent Director of Omagine, Inc. (“Omagine” or the “Company”) effective September 1, 2015.With Mr. Matus’ appointment, the majority of the Company’s Board of Directors now consists of non-executive independent outside directors.

Mr. Matushas five decades of residential, hospitality and commercial real estate development experience. He is a seasoned real estate industry executive and owner who has personally directed the development, planning, architectural design, financing, construction and marketing of many public and private developments both internationally and in the U.S.Mr.  Matus graduated as a Chartered Accountant (a CPA equivalency) from the University of Witwatersrand, Johannesburg, South Africa.

Mr. Matus is an owner and operator of Acqualina Residences and Resort, a beachfront luxury resort just north of Miami, Floridawhich he developed and opened in 2006 (www.Acqualinaresort.com). Its Mediterranean villa décor offeringocean and Intracoastal viewswas designed witha distinct European feel. The resort, including the 20,000 square foot Acqualina Spa by global spa leaders ESPA, is a recipient of the coveted Forbes Travel Guide Five Star Award, the AAA Five Diamond Award and the Andrew Harper’s Reader’s Choice Award for Top 20 Beach and Family Resorts worldwide. In 2015 Acqualina Mansions, comprising 79 ultra-luxurious residences, was added to the resort and an additional 265 residences are currently being planned for the future.

Mr. Matus joined Williams Island as its President and Chief Executive Officer in the 1980’s to conceive, develop, build and manage this two billion dollar landmark residential and resort community on the Intracoastal Waterway in Aventura, Florida (http://www.williamsislandclub.com).This renowned 80-acre community has been heralded worldwide as a “world unto itself”. It is also known as the “Florida Riviera”. Mr. Matus currently resides in Williams Island and is active in professional industry organizations.

Omagine’s president, Frank J. Drohan, remarked:“Alan brings a highly diverse skill set to the Board and to our business with his development, ownership and operational expertise, finance experience and other relevantreal estate development skills.He has international experience, great taste and a terrific design sense. Alan’sfocus on customer amenities and experiencesand his distinguished professional accomplishments in the real estate development business will greatly benefit our Company, its shareholders and our vision for the Omagine Project. I am greatly pleased that we were successful in recruiting someone of Alan’s stature andproven ability to our Board and we look forward to his contributions to our continued success.”

About Omagine, Inc.

Omagine, Inc. is a publicly traded U.S. company (Stock Symbol: OMAG). The Company is focused on real-estate, entertainment and hospitality opportunities in the Middle East and Northern Africa (the “MENA Region”) and on the design and development of unique tourism destinations that are thematically imbued with culturally aware, historically faithful, and scientifically accurate entertainment experiences. Governments in the MENA Region are highly focused on diversifying their economies to create employment opportunities for their citizens via the development of tourism destination projects. It is the Company’s opinion that this governmental strategic vision combined with the enormous financial resources in the MENA Region will continue to present superb development opportunities.

Investors or interested parties may visit Omagine’s website at www.omagine.com for more information about the Company or http://agoracom.com/ir/omagine which is the Company’s investor relations website.

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this press release that are not historical facts, may be deemed to be forward-looking statements and are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date hereof. Additional information on risks and other factors that may affect the business and financial results of Omagine, Inc. can be found in the “SEC Filings” of Omagine, Inc. with the United States Securities and Exchange Commission (“SEC”). Investors are urged to review the Company’s SEC Filings.

Contact:

Omagine, Inc.

Corporate Inquiries

Charles P. Kuczynski, Vice-President

Telephone:+1-212-563-4141 — Ext. 208

Email:charles.kuczynski@omagine.com

Funds, banks show keen interest in $2.5bn Oman project: Omagine

Posted by AGORACOM-JC at 5:07 PM on Monday, July 13th, 2015

 

  • With enormous liquidity available in Oman and other GCC countries, investors, funds and banks in the region have shown a high level of interest in Oman’s upcoming US$2.5bn mixed-use tourism and real-estate project knows as the Omagine Project
  • Over the past six months, Omagine LLC has conducted many presentations with sovereign funds, investment funds and high net-worth individuals in Oman, Kuwait, Saudi Arabia, Qatar and UAE, who have indicated a high level of interest in becoming equity investors in the Omagine Project

By Gulam Ali Khan

July 12, 2015

Muscat – With enormous liquidity available in Oman and other GCC countries, investors, funds and banks in the region have shown a high level of interest in Oman’s upcoming US$2.5bn mixed-use tourism and real-estate project knows as the Omagine Project.

Over the past six months, Omagine LLC has conducted many presentations with sovereign funds, investment funds and high net-worth individuals in Oman, Kuwait, Saudi Arabia, Qatar and UAE, who have indicated a high level of interest in becoming equity investors in the Omagine Project, Omagine Inc said in a filing with the US Securities and Exchange Commission (SEC) on Friday.

Omagine Inc owns a 60 per cent stake in Omagine LLC, which is developing the project.

“We have witnessed a large appetite for both investing in Omagine’s equity and for providing project financing debt facilities for project development,” said Agron Telaku, Omagine’s vice president for finance.

He said banks with which Omagine and its contracting partner CCC have met have indicated that Omagine’s usufruct rights over the project land can and will be utilised as collateral to support project financing debt facilities. “We have also met with several very high net-worth investors who have indicated a high level of interest in becoming equity investors. These investor discussions are ongoing.”

Frank Drohan, managing director and president of Omagine, said, “There is enormous banking liquidity in Oman and the GCC. Over the past six months we have conducted, and will continue to conduct, numerous meetings with major local and international banks. We have witnessed a large appetite at such banks for providing project financing debt facilities for the Omagine Project’s development.”

Omagine LLC signed the usufruct agreement with Oman on July 1, whereby the sultanate’s government granted Omagine certain rights over the 1mn sqm beachfront land, which includes the right to sell the land on freehold basis.

Omagine had contracted three real-estate valuation firms – Savills, DTZ International and JLL – to provide Omagine with the value of the usufruct rights. The average of all three valuations was recorded at RO276.66mn, according to the filing with SEC.

“The registration of the usufruct agreement with the government is a welcome milestone event. Now that we have unfettered access to the land we are rapidly progressing on the development of the Omagine Project and the finalisation of the CCC construction contract,” Drohan said.

He said that the company has conducted exhaustive interviews and has reviewed multiple iterations of proposals from key consultants. “We now expect to be making several crucial consultant appointments in the coming several months, including: A financial advisor, hospitality advisor, real-estate advisor, master planner, engineering consultant, construction management consultant and programme manager.”

Read more: http://www.muscatdaily.com/Archive/Business/Funds-banks-show-keen-interest-in-2.5bn-Oman-project-Omagine-46b4/(language)/eng-GB#ixzz3fnQdcVjG