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Have you ever heard of a guy named Jason Halpern? Are you interested in real estate development? If you have no clue to who this guy is just keep on reading as you’ll get a more in-depth look at how important he has truly become. Jason Halpern is the managing director for one of leading real estate development firms in the nation. JMH Development is it’s name and creating works of art is it’s game. This exclusive firm has done some amazing work up and down the eastern seaboard of the U.S. Led by Jason Halpern, (JMH) has continued the success of this family owned company. The firm has done work in many exclusive areas such as Brooklyn, Miami Beach, and Manhattan. Having grown up around the business, Halpern brings much more to the table than your average developer and his expertise has separated him ahead of his peers.
The firm tackled one of it’s biggest projects a few years ago in Florida. The Aloft Hotel, located on 2360 Collins Ave in Miami is a huge 235 room giant. Halpern used his preservation knowledge to maintain the hotel’s art deco architecture and how it coordinates with this affluent area’s style.
JMH collaborated with Madden Property Ventures on the project thanks to it’s massive size and upcoming due date. This would be the first newly built hotel on South Beach since 2009 and everything had to go according as planned. Of course JMH delivered and the 3,400 square ft hotel was completed on time. It hosts an outdoor pool, roof deck lounge, 24 hour fitness center, and some of the largest rooms of any hotel in the area.
The Aloft is in prime location of night clubs, restaurants, bars, museums, and boutiques. Jason Halpern has done a tremendous job with leadership and his past experiences will ensure JMH Development success in the coming years.
Jason Halpern is the managing partner of JMH Development (JMH). The company is a full service real estate development company including the development and ownership of commercial, as well as residential properties throughout the United States. Mr. Halpern is the third generation of his family to be involved in the development business. Jason Halpern took control of the family development business in 2010.
The team at JMH has extensive experience in planning, due-diligence, strategy and building design, construction, marketing and branding. They handle every aspect of the development and construction process for mixed use and hospitality based properties, as well as residential properties, combining unique knowledge about the market place, valuable on-site experience and traditional and non-traditional development skills.
Under Mr. Halpern’s leadership and guidance, JMH delivers the highest quality and most enduring properties. They also focus on historic restoration as well as adaptive re-use projects. The family has been involved in well over 100 residential apartments in New York City, as well as Westchester County. The family has also been involved with the development of more than several million square feet of Class A commercial space in Westchester County.
Mr. Halpern takes a unique approach to development and prides himself on respecting the communities in which he brings his development projects. He works to build a rapport with the communities and he and his team is very sensitive to the historical aspects of the community. It has become a guiding principal for Mr. Halpern and JMH Development.
Halpern and JMH have more than $500 million invested in development projects in New York. It includes turning an old warehouse into luxury, residential apartments. JMH and Halpern is also the developer for Cobble Hill in the greater Brooklyn area adding nine luxury townhouses to the neighborhood.
Jason Halpern is also committed to charitable endeavors and helping others. It is important to him to give back to his community and the world around him. He considers himself to be a fortunate man and he has been the recipient of tremendous goodness in his life. He works to give some of that goodness back to others.
He is involved with the Westchester Medical Center’s Halpern Trauma Center, a Level I Trauma Center. The facility has the talent to offer open heart surgery, orthopedic surgery, emergency and complex neurosurgery and the reattachment of severed limbs. Other medical capabilities include those with multiple life-threatening internal injuries and burn victims.
Halpern has brought his philanthropy to his development team. JMH has established charitable initiatives through JM and even launched a partnership with a non-profit global water charity. JMH donates a significant amount of money to fund water projects in Nepal and Ethiopia. Through the Splash and Relief Society of Tigray, two of the charities water project, JMH is bringing safe and clean water to Nepalese and Ethiopian citizens.
The Leading Provider of Insured Cash Solutions–StoneCastle–Expands Business by Way of Sweep Cash Solutions per Stephen Rotella-StoneCastle’s CEO:
StoneCastle Insured Cash Sweep—a limited liability corporation is a wholly-owned subsidiary of StoneCastle Cash Management, LLC announced its acquisition of Intermedium Financial, a limited liability corporation. The acquisition is inclusive of InterLINK.
Purchasing Intermedium’s sweep business brings renewed energy to the position of StoneCastle, in way of the company being a lead provider of insured deposits for the institutional investor. It further makes expansion possible, reaching out to broker-dealers, financial advisors, 401K plans and other ancillary, significant markets.
Stephen Rotella is Chief Executive Officer of StoneCastle. Mr. Rotella, conveyed, in so many words, that the unique InterLINK platform is complementary to StoneCastle’s high-tech business. The platform makes expansion, possible, in way of the company’s options as to distribution.
Stephen Rotella, further stated, that the company anticipated added value to its financial intermediaries and the clientele which the company is dedicated in serving. The company believes the preceding created “efficiencies”—caused by the acquisition, will greatly improve deliverability of its deposit capabilities.
The acquisition is highly favorable as to the overall growth of the company. StoneCastle possesses an abundance in way of sales and marketing knowledge. It serves the investment requirements of an institutional client-base. It has one of the largest banking networks within the nation. With the addition of sweep capabilities, to the business model, the company may aptly apply its solutions to brokerage houses, registered investment firms, and other financial organizations, facing challenge, in way of providing value while assets grow and profits result– Rotella conveyed. (Words not verbatim.)
John Marshall is the Lead Director of Intermedium. He is the managing member of WPB Partners—a limited liability corporation. The company, as well, is a private equity investor; operating in the Richmond, VA area.
Marshall is also the primary owner of Intermedium. He added, in so may words, that he was truly delighted to locate the correct home for the company’s sweep business and financial-tech platform. He said, too, that StoneCastle was a very vibrant brand—within the industry. He further added that StoneCastle possessed a logical, yet aggressive strategy, with regard to growth. The company is complementary in that it adds value to the InterLINK platform which is advantageous to other financial institutions and investment professionals.
The business will provide operations under the business name of StoneCastle while retaining the InterLINK brand. The acquisition, however, does not impact existing customers and financial institutions. The San Diego office of Intermedium will continue to serve as the operational hub for the sweep business.
Notes Regarding Mr. Stephen J. Rotella, CEO of StoneCastle Cash Management, LLC:
Stephen J. Rotella is the CEO of StoneCastle Cash Management, LLC. Mr. Rotella has held the post of President of the Chase Manhattan Mortgage Corporation. He, too, served as the CEO of Chase Home Finance, LLC and the Executive Vice-President of J.P. Morgan Chase, beginning in 2001. During his financial career, he has also held posts as the COO and President of WMI Holdings, Corporation. This position was held from January 10th of 2005 to October of 2008. He was President of Retail Banking at WMI Holdings Corporation from June 2008 to October 2008. During his tenure, he held responsibility of the retail, commercial and mortgage lines of the enterprise. He also oversaw the activities of the company’s tech group as well as the company’s daily operations. Additionally, he played a responsible role in way of the Community Development Program and Group at JP Morgan Chase. He acted as Head of the Home Loans Division of WMI Holdings from the dates of March 2005 to June 2005. He served as Chief Operating Officer of Chase Home Finance from 1998 to 2001. Mr. Rotella served as Head of Chase Home Finance of JPMorgan Chase & Co. since July 16, 2003. He served as an Executive Vice President of Servicing at Chase Manhattan Mortgage Company from 1991 to 1998. He held various positions within Chase’s mortgage business including Senior Vice President of Marketing, Finance and Product Development from 1987 to 1991.
Prior to joining Chase, he worked in the retail brokerage, mutual fund, and systems consulting industries. He served as president of the Consumer Mortgage Coalition. He served as Chair and Director of a large regional arts company in Columbus, Ohio called BalletMet. Rotella serves as the Chair for Chase’s Housing Advisory Council. The purpose of the Council is to increase lending opportunities to a market that is under-privileged. He is a member of the Board of Directors of the Mortgage Bankers Association. He has served, too, as a Member of the Advisory Board at Vericrest Financial, Incorporated (currently known as Caliber Home Loans, Incorporated). He was a Member of the Consumer Mortgage Coalition. Mr. Rotella’s academic background includes the following: He attended the State University of New York (Stony Brook) where he received a Bachelor’s degree in Economics in 1975. He earned an MBA in Finance and Information Systems from the State University of New York—located in Albany, New York, in 1978.
Todd Lubar built his career in real estate and finance over several years. He entered the real estate business in 1995. At that time he decided to make real estate his life long career. Real estate intrigued him, it had the ability to combine finance with the capacity to help others. He started his career as a loan officer with a local mortgage company. Through his experience as a loan officer, he developed numerous contacts with realtors, insurance agents, and financial advisors. The connections provided several business referrals for future business ventures. In 1999 he acquired an equity position with a prominent lender. His experience in finance and real estate allowed him to function as a broker’s agent to other lenders. In 2002 he expanded his interests in real estate by establishing Legendary Properties, LLC. During his career as a real estate developer, he built over two hundred properties; from single family homes to multi-unit apartment buildings.
With his experience in the mortgage industry, Todd Lubar decided to create Charter Funding. Charter Funding is a subsidiary of First Magnus Financial. Charter Funding works with individuals and businesses that did not typically qualify for traditional financing. Todd Lubar provided funding to them, as he thought everyone should have the opportunity to realize their financial goals.
In 2008 Todd Lubar predicted the downturn for the mortgage industry. Using his business contacts from mortgage lending and real estate, he developed a demolition and a scrap metal business. Within a short period of time, he acquired numerous commercial demolition contracts. Using his great insight and business skills, he remains a prominent figure in the business world.