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Follow on Google News | Regional Capital Group Earns SBIEC New Jersey Excellence Award for Exceptional Business EthicsRegional Capital Group has consistently demonstrated a high regard for upholding business ethics and company values.
By: Regional Capital Group Regional Capital Group has consistently demonstrated a high regard for upholding business ethics and company values. This recognition by SBIEC marks a significant achievement as an emerging leader within various competitors and is setting benchmarks that the industry should follow. Paul Braungart is the founder of Regional Capital Group and an entrepreneur since 1980. Over the past 25 years he has created several successful investment funds including private equity and hedge funds, focused primarily on real estate which has resulted in hundreds of successful investments totaling in excess of $10 billion. Braungart is currently focused on a joint venture platform for commercial real estate including the acquisition of value add real estate opportunities. He is active in all aspects of real estate development and finance including the reposition and construction of residential and commercial real estate. Recently, Braungart co-founded and established a regional center for the EB-5 program – New Jersey EB-5 Regional Center. The first of its kind in South Jersey, New Jersey EB-5 Regional Center provides commercial real estate developers and investors with a creative, competitive financing alternative. The EB-5 Program is administered by The United States Citizenship and Immigration Services (USCIS) and provides opportunities for qualified foreign nationals to achieve permanent legal residency status in the U.S. through an investment in an USCIS-approved project that will generate at least 10 full-time jobs in the United States. EB-5 regional centers are pre-approved entities that allow EB-5 investors to pool their money together. These regional centers make the job creation requirement easier on investors, as regional centers need only demonstrate direct or indirect job creation. Braungart feels that EB-5 is a viable finance option in today’s real estate market and a socially conscious vehicle which encourages foreign investment in enterprises that create jobs in the United States. “EB-5 provides a very flexible low cost of capital for real estate projects that create jobs. There is a tremendous flow of capital into regional centers with $2.4 billion invested in 2012 and $5 billion projected in 2013,” Braungart explains. “It is an alternative source of funding not provided by typical sources and can be structured to supplement traditional institutional debt. EB-5 can be in the form of senior or subordinate debt.” The SBIEC is a leading authority on researching, evaluating and recognizing companies across a wide spectrum of industries that meet its stringent standards of excellence. Particular emphasis is given to meeting and exceeding industry benchmarks for customer service, product quality and ethical practices. Each year the SBIEC conducts business surveys and industry research to identify companies that have achieved demonstrable success in their local business environment and industry category. They are recognized as having enhanced the commitment and contribution of small businesses through service to their customers and community. As part of the industry research and business surveys, various sources of information were gathered and analyzed to choose the selected companies in each category. This research is part of an exhaustive process that encapsulates a yearlong immersion in the business climate of New Jersey. About Regional Capital Group http://www.regionalcapital.com Regional Capital Group (RCG) is a nationwide real estate opportunity fund manager and investment bank specializing in real estate finance. Its focus is to provide funding solutions for real estate investors and developers which match their strategy for growth and need for capital. RCG has more than 25 years of experience as a direct lender, investor, and servicer of commercial real estate loans and investments across most real estate asset classes. RCG currently offers several funding platforms and has structured and funded in excess of 750 real estate transactions since inception as the company continues to provide innovative capital solutions for its clients. For more information, visit www.regionalcapital.com or call 856-983-4800. About SBIEC The SBIEC is a leading authority on researching, evaluating and recognizing companies across a wide spectrum of industries that meet its stringent standards of excellence. It has spearheaded the idea of independent enterprise and entrepreneurial growth allowing businesses of all sizes to be recognized locally and encouraged globally. Particular emphasis is given to meeting and exceeding industry benchmarks for customer service, product quality and ethical practices. Industry leading standards and practices have been developed and implementation of the same has been pioneered by the dedicated efforts of the business community and commerce leadership. More information on SBIEC can be found at www.sbiec.org. FOR MORE INFORMATION: Regional Capital Group 701 Route 70 East Building One Marlton, NJ 08053 Phone: (856) 983-4800 Fax: 856.983.5001 http://www.regionalcapital.com MEDIA CONTACT: Marie Alonso Miles Technologies (800) 496-8001 malonso@milestechnologies.com End
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