SARASOTA, Fla. , Nov. 14, 2017 (GLOBE NEWSWIRE) -- International Consolidated Companies, Inc. (OTC:INCC), has engaged, Denver based, Buell & Company to locate “Commercial Medical and Recreational Real Estate” properties.
Buell & Company is a full service commercial real estate organization specializing in brokerage, development and management. The company distinguishes itself by working together as a team. Through the active participation of our entire company, we best serve our clients needs.
Founded as T.H. Buell & Company in 1923 by Temple Hoyne Buell, and later renamed Buell & Company, the organization initially established itself as one of the largest and most prolific architectural firms in the Rocky Mountain region.
Buell & Company is committed to providing clients the highest levels of personal and customized service in the commercial real estate industry. http://www.buellco.com
“We are very excited to work with Buell & Co. It is always great to work with the best of the best in any space. Roche Fore, Buell principal, is one of the top people in the commercial space nationally. We feel that this relationship should create significant shareholder value,” said Antonio Uccello, CEO, BluDog Products LLC.
The problem: Banks are calling loans. While, it is lawful under the laws of 30 states to grow and distribute medical marijuana, it is illegal under federal law. Banks, which are mostly federally regulated, are sending letters to landlords requiring them to either remove their marijuana business tenant or have their note called forcing them to refinance or pay off the note.
The solution: International Consolidated Companies Inc., (OTC:INCC), through its real estate division, headed by Mr. Arnold "Avi" Yoskowitz, has received an institutional commitment for marijuana based real estate debt financing subject to underwriting.
The plan: To create a portfolio of real estate holdings to service the cannabis industry and to help other cannabis companies refinance their loans.
INCC intends to raise up to $100 million in equity to secure financing commitments up to $200 million.
Avi Yoskowitz : Chief Real Estate Officer/Director
Mr. Yoskowitz brings a wealth of education (BS and PhD from MIT & 2-year Fellow at Harvard/MIT Joint Center for Urban Studies), experience, talent, drive and focus to the company. Over his long and distinguished career, Mr. Yoskowitz has excelled as a real estate developer and broker, investor, builder, mortgage underwriter, planner and sales associate. His professional work history has included senior-level positions with the Citizens’ Housing and Planning Council of New York, Phipps Houses, Frist Realty Co. of Boston, the NYC Housing Development Corporation, a partnership appointment with Garden Homes and Commercial in New Jersey; and for the last twenty years, he has served as founder and CEO of the Heritage Group of Companies of NJ and TT Heritage Companies of Sarasota/Bradenton, Florida. Mr. Yoskowitz has successfully completed numerous land acquisitions, approvals, infrastructure improvements, build-outs, and condominium conversions projects.
"We are excited to position ourselves as the first public marijuana real estate holding company, while helping to overcome the barriers for the sale of legal marijuana products," said INCC CEO Antonio Uccello. “We have identified $30 million worth of properties in this initial phase and we intend to raise up to $100 million in equity with which our lender would support a mortgage portfolio of $200 million for a total of $300 million in acquisitions.”
The Company will issue more details as they develop in subsequent press releases.
BluDog is marketing its CBD products both direct to consumer and to distributors through specific distribution channels through its online store:
BluDog Products is strategically introducing a water-soluble CBD oil super food and wellness drinks (with an extended release formulation) that are easily absorbed. Using a licensed, patented CBD delivery system BluDog’s CBD products are an alternative over-the-counter therapeutic option to help relieve post-sports inﬂammation as well as promote relaxation and well-being. BluDog’s CBD products interact naturally with the body’s anti-inﬂammatory system without any known side eﬀects.
International Consolidated Companies (INCC) was founded in 2002. INCC is focused on acquiring and growing businesses that offer innovation, quality, and cost-efficient Cannabis technologies.
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risk and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from the statements made herein. More Information: Antonio F. Uccello, INCC; (720-460-0734) (firstname.lastname@example.org), www.BluDogProducts.com, @BluDogProducts
Source:International Consolidated Companies