Jason Halpern Announces his Company’s Involvement in the New Aloft South Beach Hotel

Jason Halpern announced that his real estate development company, JMH Development, was part of the project that would top off the Aloft South Beach Hotel. The Miami Beach-based hotel with 235 rooms was scheduled to open in 2015.

Jason Halpern
Jason Halpern

The project would see the partnership between JMH Development and the Madden Real Estate Ventures. It will involve the addition of an eight-story tower to the famous Motel Ankara. The lead architect of the project is ADD, Inc. and Plaza Construction has been contracted to build the hotel. This is a significant venture because the Aloft South Beach hotel will become the first newly built one in the entire area since 2009.

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Features of the New Hotel

The Aloft South Beach hotel rooms will average at least 360 square feet each and will be the largest in South Beach offering guests enough space to relax and enjoy their vacation. Also, the hotel’s prime waterfront location will give guests a breathtaking access to not only the Pancoast Lake but also the Collins Canal that surrounds the entire property.

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The Aloft South Beach’s location is only one block from the Miami Beach. Guests will have close access to the beach at all times. Since it is located in central South Beach, the hotel will only be minutes from boutiques, restaurants, nightclubs, top art galleries in the vicinity, the famous Bass Museum of Art, and the modern Miami Beach Convention Center.

Daniel de la Vega, Aviv Siso, Laura Garcia, Louis Buckworth, Jason Halpern, & Thomas Juul-Hansen
Daniel de la Vega, Aviv Siso, Laura Garcia, Louis Buckworth, Jason Halpern, & Thomas Juul-Hansen

Apart from its excellent location, guests will be treated to a host of other exciting features including a 24/7 fitness center, roof deck lounge, and an outdoor pool. Furthermore, they will have access to a vast, flexible meeting space that can be used for social gatherings as well as business meetings. For entertainment, guests will have free access to live professional bands and emerging artists playing at W XYZ bars as part of the Aloft Hotels programming.

Aloft Hotels

Aloft Hotels boast of over 100 hotels presently in operation and several others under way. The Hotels are under the Starwood Aloft brand and are looking to expand to 14 countries globally. The brand offers travelers a vibrant and tech-forward experience in its modern style hotels. Additionally, Starwood has the richest loyalty program in the industry called the Starwood Preferred Guest (R).

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Jason Halpern

Jason Halpern is JMH Development’s Principal. Born in 1975, Jason is a successful real estate developer who took over the control of his family-held business in 2010. The real estate developer has invested an impressive $500 million in various development projects in New York. Jason is committed to creating innovative buildings for rental property as well as commercial business space. Apart from his real estate work, Jason is also a committed philanthropist.

To cement future growth, StoneCastle acquires ‘Insured Cash Sweep’ says CEO Rotella

Stephen Rotella believes in being a disruptive and differentiated force. That’s why his company StoneCastle Insured Cash Sweep LLC is one of the leaders in marketing of insured deposit technology that has enlarged its position in the market as not only a top line insured deposit provider, but also as broker-dealer, financial advisor and active in many additional market segments.

What is StoneCastle? StoneCastle Cash Management LLC is a company that practices insured deposit technologies, but has also acquired the insurance deposit sweep business of Intermedium Financial LLC.

According to Rotella, StoneCastle’s entry into the insured sweep industry compliments and augments the company’s technology driven business. StoneCastle’s distribution options are expanded. The platform comes as InterLINK and its efficiency adds significant value for StoneCastle’s clients. Rotella says that his company has the proven ability to deliver deposit capacity.

Boasting one of the largest networks of banks in the country, StoneCastle has the extensive marketing and sales expertise to serve those investment needs of institutional clients. According to Rotella, having the additional capability of sweep with pending SEC and DOL reforms, will help StoneCastle apply all its financial solutions effectively, whether through brokerage firms or registered investment advisers. But Stephen Rotella is also looking at growing StoneCastle’s assets and profitability.

Before serving as Chief Executive Officer at StoneCastle Cash Management LLC, Rotella was President of Chase Manhattan Mortgage Corporation. Prior to that, Rotella was CEO of Chase Home Finance, LLC.

With this recent change for StoneCastle, it was announced that it will operate the business sweep end under the StoneCastle name, while keeping the InterLINK branding. The acquisition will not directly impact current and existing customers.

StoneCastle has strong partner backing, with support from CIBC and Charlesbank Capital Partners. The investment advising company makes a daily cash sweep solution for brokerages and trusts offered through financial intermediaries. Intermedium Financial, LLC provided StoneCastle with the proprietary software to make a bridge between bank accounts that are FDI insured and others looking to invest in stable deposits.

Rotella, who got his MBA in Finance and Information systems from State University in New York, is working with John Marshall, Lead Director of Intermedium and Managing Member of WPB Partners, LLC, who said they are delighted to find the right home for their sweep business and FinTech platform. According to Marshall, StoneCastle carries the industry’s most vibrant brand and is a highly complementary to further the InterLINK platform.

The Influential Work of Troy McQuagge

In a recent article published by Prweb.com, it discusses USHEALTH Group, Inc CEO’s Troy McQuagge’s award as CEO of the year. Known as the gold award in the 2016 One Planet Business and Professional Excellence Awards, this honor is recognized as one of the most prestigious awards in business, from profit to non-profit, and public to private organizations. For McQuagge to win this award demonstrates a high achievement.

Before addressing the article, it is important to have an understanding of who McQuagge is. McQuagge is a 33 year veteran in the health insurance industry. Before his involvement in USHEALTH Group, he was president of HealthMarkets Agency Marketing Group. During his tenure with this group he was able to achieve over a billion in revenue, according to an online article. His work in the health industry addresses how much he has accomplished in different health organizations. In particular, he has helped these health organizations generate revenue, which eventually would help him garner different accolades, specifically the gold award.

The article by prwire.com explains what Troy McQuagge has accomplished to earn the prestigious gold award. Immediately after joining USHEALTH in 2010, McQuagge went about reshaping and training their advisors, which in part led to his uprising in USHEALTH. His ability to successfully turn around USHEALTH led to his promotion as president and CEO of USHEALTH Group. The following four years after McQuagge’s arrival at USHEALTH, it rapidly rose to success, allowing it to profit in a highly competitive health insurance market. This information is presented in the article by Prweb.com.

Troy McQuagge also discusses in the article his commitment to USHEALTH as well as how much he believes the USHEALTH Advisors organization as a whole is the reason he was able to win the award. His humble attitude demonstrates how much he deserves the award, showing how much of a leader he is for this particular health insurance organization. His humble attitude also demonstrates professionalism among his colleagues. It is professionalism that has helped USHEALTH Group develop and succeed.

The final part of the article discusses what the award is notable for as well as what USHEALTH Group is known for. First, the article mentions how One Planet Awards distinguished businesses for what they have accomplished. It is a way of demonstrating what McQuagge has successfully accomplished for USHEALTH. Furthermore, the article mentions how USHEALTH is an organization that markets profitable insurance products, which recognizes McQuagge’s success in helping making USHEALTH a successful profitable business.