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LAKEWOOD RANCH, FL, November 12, 2018 /24-7PressRelease/ -- The business purpose is to develop and own Aravilla Carrollwood (Project), a licensed assisted living & memory care community totaling 142 units/155beds.
Preliminarily, the Project will be 113,000 square feet & cost about $29.6 million stabilized and features what Autumn calls "I-Lite" Assisted Living. I-Lite offers the great features of independent living communities, such as large apartments and on-site restaurants, while providing discretely all the assisted living services residents expect from a licensed facility. The memory community will be purpose-built to serve memory residents with Alzheimer's, ALS, stroke-related and other types of dementia.
The OCMX™ is pleased to announce the listing of Aravilla Carrollwood to its online portal which offers Investors and Advisors the ability to participate in this opportunity.
The OCMX™ has spent considerable time completing its due diligence on Aravilla Carrollwood and concluded that there is indeed a tremendous opportunity for Investors and Advisors.
The OCMX™ noted that Aravilla Carrollwood exhibits the main components of any solid investment opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
Jim Soper, CEO | Jim Soper has over 34 years of senior living development and management experience. He has developed and managed 11 senior care communities on the Florida Gulf Coast.
Mr. Soper's first assisted living development was the 92-bed, Carriage Inn, St. Petersburg, Florida. He managed Carriage Inn from 1990 -1995. Following Carriage Inn, Mr. Soper developed the Heron House assisted living communities into a chain of five properties totaling 580 units. Following Heron House Mr. Soper managed the stabilization of the Seasons properties totaling 170 units.
He is responsible for the development of Autumn's state-of-the art memory care. He leads the development of Autumn's newest Aravilla Assisted Living concept, embodied by Aravilla Sarasota.
Kerry Bingaman, Chief Financial Officer | Mr. Bingaman is a Certified Public Accountant and accomplished Financial Operations Executive with significant experience in Strategic Planning, Operations, Information Technology, and Finance with the proven ability to integrate systems solutions in the Assisted Living. Well-versed in all aspects of budget development, tax laws, risk management and regulatory compliance that enable the company to provide the highest level of customer service in the most financially efficient manner. Mr. Bingaman has a Bachelor of Science – Accounting and a Masters of Accountancy from University of South Florida.
Robert Ross, Chief Development Officer | Mr. Ross has more than twenty years' experience in P&L, operations, real estate development, financial analysis, treasury, and accounting oversight. He has extensive experience in US domestic & international real estate and business start-ups. He supervised the development of three of Autumn's assisted living projects totaling $37 million. Before Autumn, he worked on the adaptive reuse of over 360,000 square feet of properties and managed over $250 million in assets. Mr. Ross holds an M.B.A., Northwestern University Kellogg Graduate School of Management and completed executive programs in private equity and valuation at Harvard Business School.
ABOUT THE OCMX™
The OCMX™ is literally changing how companies and investment funds generate exposure in the marketplace and raise funds as we know it. The OCMX™ serves both public and private companies along with investment and mutual funds which need to raise additional funds or gain significant market exposure. It does this by way of connecting the relevant companies, funds, investors, and advisors all in one online transparent portal. The OCMX™ (P2P Financial Inc.) launched in September of 2009 out of Toronto but has since expanded its operations to include Quebec, Alberta, Manitoba, and British Columbia.
The OCMX™ connects investors and advisors directly with companies and investment funds seeking to raise funds or gain broad market exposure. The OCMX™ provides an open venue for innovative growth companies and leading investment funds to generate market awareness, raise funds, or connect with investors and advisors. The OCMX™ provides companies, funds, investors, and advisors instant access to its Online Portal so that they can actively source and connect with their next opportunity, advisor, investor, client, or financing partner.
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