Sunbelt Midwest Sells Wisconsin-based Trucking Company by Acquisition


Milwaukee, WI (PRWEB) April 25, 2013

Todd Ruhkick represented Waupaca Trucking, Inc. in its April 19, 2013 sale. Ruhkick is a business broker and sell-side advisor for Sunbelt Midwest. Ruhkick listed the business and began marketing it in the fall of 2012. Sunbelt’s team responded to nearly 50 inquiries and showed the business to over 20 strategic buyers.

“Waupaca Trucking, Inc. is a well-established business that has been in operation for over 25 years. Essentially it’s a trucking terminal complete with fuel pumps, scale, truck wash and office space making it an ideal acquisition opportunity.” said Ruhkick. “The buyer appreciated the market position, amenities and diversity offered from acquiring Waupaca Trucking and its niche customer base.”

Waupaca Trucking Inc., a private company, was founded in 1985 and has approximately 25 employees. Veriha Trucking Inc. is a family owned and operated business founded in 1978 and headquartered in Marinette, Wisconsin. Veriha focuses on business growth strategies and has multiple locations to serve all of the lower 48 states and into Canada. Veriha acquired the real estate, business, employees and assets and will continue all Waupaca Trucking operations.

Ruhkick’s experience as an investor, a business owner and corporate manager helps him to sell businesses. Ruhkick holds a Wisconsin Real Estate license and is a member of Sunbelt Midwest, with offices in Minnesota, Illinois and Wisconsin, helping people buy and sell businesses in Wisconsin and the greater Midwest area.

About Sunbelt Midwest

Sunbelt Midwest is part of Sunbelt, the world’s largest organization of M & A professionals. With five offices in Minneapolis, Chicago and Milwaukee, Sunbelt Midwest provides a strategic regional presence to Sunbelts 200+ worldwide offices. Sunbelt’s M & A Advisors provide sell-side merger and acquisition services for companies with revenue between $ 5 and $ 50 million. Since 1978 Sunbelt has helped companies with mergers, acquisitions, divestitures, private equity investment and valuations. Sunbelt provides local investment banking expertise with worldwide geographic coverage to its business owner clients.







Self Storage Facility Management Sponsoring Realty411 Mid-West Expo in Kansas


Brownsburg, IN (PRWEB) April 08, 2013

Self Storage Facility Management is a proud sponsor of the Realty411 Mid-West Expo, April 20-21, 2013 in Overland Park, Kansas and joins top educators and investors from the Kansas City area.

Kevin Rollings, CSSM is the owner of three Alcatraz Storage facilities located in Indiana and owner of Self Storage Facility Management, an educational group that teaches how to invest in self-storage and at the same time invest in your financial future. Rollings has been an active supporter of Realty411 Media, a marketing company specializing in the real estate investment industry, based in Santa Barbara and Los Angeles, California.

On Saturday, April 20 and Sunday April 21, Realty411 in conjunction with Mid-America Association of Real Estate Investors, (MAREI) and Kim Tucker, the Director of the local REI club, will host a two day Educational Seminar and Property Tour for area investors and real estate entrepreneurs. Self Storage Facility Management will be among some well-known names in the industry including, Marck de Lautour with SMD Housing Solutions, Duncan Wierman a Software CEO turned Investor and Marketing Genius, Linda Pliagas, Publisher of Realty411 and is also an active investor. Many other educators will join them at Holiday Inn, Overland Park West!

Rollings says, Im excited to be part of the Realty411 Mid-West Expo in Kansas City. I am also excited to meet the investors, directors and educators that will be attending the event. The Kansas City area is a big opportunity for self storage and while I am in town Ill be looking at a few possibilities in the area to expand the Alcatraz Storage name.

Self Storage Facility Management encourages anyone that has an interest in investing in the real estate market, no matter what niche of real estate, to come to this huge event and opportunity to learn more! Rollings ask investors and directors to stop in at the Self Storage Facility Management booth and find out more why investing in self storage could be the ticket to a successful financial future.

Investors looking for a successful business in a recovering economy will want to attend one of the many Self Storage Masters Workshops offered throughout the year. Seating is very limited to the class. Learn more about Kevin Rollings,CSSM ? visit: http://www.selfstoragefacilitymanagement.com







Terrace Capital, Inc. Secures $61MM in Non-Recourse Senior Debt Financing- Industrial Portfolio Midwest, US.


New York, NY (PRWEB) December 19, 2012

Barnett Capital LTD, located in Chicago, IL is a Family Office, founded by Joel Barnett, which provides high yield debt for owners of commercial & residential real estate and companies in need of financing for inventory and equipment. Mr. Barnett, for the past 30 years, has captained the firm that bears his name with the sole purpose of sourcing and managing investment opportunities for his family.

The proceeds of this $ 61MM, 75% LTV, CMBS loan were used by the borrower for the refinance of full recourse lines of credit that had been used to acquire, renovate and re-tenant 20 industrial properties, totaling 2MM square feet. The senior debt had a 10-year fixed term and a 25 year amortization schedule and required no personal guarantees. The non-recourse, permanent financing will allow Barnett Capital to expand its core lending business and continue providing capital to organizations and individuals, who are unable to obtain traditional bank financing.

According to a senior underwriter at Terrace Capital, Barnett had specific requirements which had to be met for certain business needs such as maximum leverage, the ability for partial releases of collateral and the flexibility to use letters of credit for reserves, instead of cash. Despite the challenges of working with single tenant buildings, multiple short term leases and several tertiary locations, Terrace was able to structure a max leverage CMBS deal which allowed for partial releases with acceleration rates as low at 105%, by cross collateralizing the assets and minimal use of letters of credit to mitigate lease rollover risk.

About Terrace Capital

Terrace Capital focuses on non-recourse loans and preferred equity of $ 5MM and greater on income-producing retail, office, industrial, multifamily, self-storage and hotel properties throughout the continental United States.

The Firm is a leader in providing permanent mortgages and equity for wide range of real estate transactions.

For more information about Terrace Capital and the services it provides, go to http://www.terracecapital.com.







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