Sahm Adrangi and St. Joe Company

Sahm Adrangi and Kerrisdale Capital claim that St. Joe Company (NYSE: JOE) is stuck in the swamp according to its recent report. St. Joe is a real estate development organization that has its central office near Panama City Beach on Florida. The company is valued at $1 billion which Adrangi claims it is too high of a valuation. Kerrisdale capital came up with a 28-page comprehensive report about St. Joe. In the report, Adrangi argues that the company is real value is 40% less the current stated amount. He gave many reasons behind his significantly low value of St. Joe stating that the company has overvalued land holdings. Moreover, Adrangi claims that the company has issues with its largest shareholder as well as stalled commercial development in the location.

St. Joe’s main agenda was to develop a planned ideal place for commercial business including a place for retirees in the Panama City Beach area. The company used a lot of money to purchase a big piece of land and has started developing and monetizing its beach properties. However, there are some of the places on the piece of land that has remained isolated with nothing going on and are not anywhere close to the beach.

According to the report that Sahm Adrangi produced, it shows that there has been minimal progress on the project since it began in the last ten years. He claims that the project that St. Joe had planned is highly publicized and the efforts required to change the organization into its current value are entirely unrealistic.

In addition to this, Sahm Adrangi believes that the company is overvalued because its major shareholder, the Fairholme Fund might have to liquidate some of its shares of the company based on the new SEC rules. According to Adrangi, only few trading days remaining in 2018 and those will not allow Fairholme to sell its shares without affecting St. Joe share price.

There has not been much commercial development around the area of St. Joe and the few brick and mortar stores around are shutting down at a high rate. Sahm Adrangi is the Founder and CIO of Kerrisdale capital.

https://www.crunchbase.com/person/sahm-adrangi

Meet Ara Chackerian: A Renowned Investor and an Entrepreneur

Ara Chackerian is a serial angel investor, philanthropist, and entrepreneur. Ara works at ASC Capital Holdings, an organization that deals with early-stage healthcare firms. Besides being the board member, he is also a co-founder of the TMS Health Solutions, a firm that deals with the treatment of the resistant depression. Before moving to TMS Health Solutions, Chackerian profession revolved around investing and entrepreneurship.

 

 

 

Ara Chackerian is highly knowledgeable in matters related to health-tech & services field. He has spent about two decades constructing healthcare firms such as Provider/Embion Links, BMC Diagnostics, TMS Health Solutions, and PipelineRX. He is a board member of early-stage healthcare firms such as TMS Health Solutions, PipelineRX, and Mint Medical Education. For more details visit Crunchbase.

 

 

 

How the idea of starting TMS Health Solutions came about

 

 

 

Ara Chackerian and his friends first thought of putting up out-patient radiology facilities at another place of healthcare. They spent about ten years putting up a network of facilities in Northern California. Their long-time partner advised them to look for outpatient psychiatric space regarding the treatment for depression known as the transcranial magnetic stimulation. Check out their website arachackerian.com

 

 

 

 

Ara and his friends decided to do a comprehensive research on the treatment and technology to adopt. Therefore, they discovered that TMS can become an important component of the psychiatric care together with medication as well as talk therapy. They were highly encouraged to get into the matter since there were little access as well as awareness for the treatment of the depressive disorders.

 

 

 

Ara Chackerian and his friends decided to visit Dr. Richard Bermudas, a top TMS thought leader to know why there is little awareness of the condition. Richard has been making proper use of TMS since it was first approved by FDA in the year 2008. This is how he came to learn more about the challenges associated with the hiring as well as retaining quality technicians, insurance coverage policies, and challenges that come with operating a group practice while working as a clinician.

 

 

 

Richard believed that TMS had the capability of helping the individuals with medication-resistant depression. From the meeting, Ara Chackerian and friends learned several important things. Since they had the experience of constructing outpatient facilities, they believed they were capable of coming up with something special. This is how things started.

 

Click here: https://www.facebook.com/ara.chackerian

 

 

Detailed Information about the Growth of Highland Capital Management

Highland Capital Management is a well-known investment advisor which was established in the year 1993. This company has very many affiliates and has been offering quality services to their clients for over a decade. It was co-founded by Mark Okada and James Dondero and has earned itself quite a number of client base. Though the company has different operations, it largely concentrates in credit strategies. This means the company handles the credit for different organizations and has different investment plans such as, short equities, natural resources, long equities and emerging markets. Highland Capital Management has been offering services for 20 years and has even become one of the largest industries in offering experienced credit managers. Read this article at Dallas News.

The Company’s Leadership

Jason Dondero is one of the founders and Head of Highland Capital Management. He has an experience of over thirty years in the field of equity markets which focuses on distressed and high yield investing. He has been able to grow the company by offering the best solutions for retail investors as well as institutions worldwide. He is the President and Chairman of NexPoint Residential Trist Inc. and also chairs NexBank Capital Inc., CCS Medical and even MGM Holdings. In the year 1984, Mr. Dondero joined JP Morgan program to begin his career as an established analyst. He then graduated from Virginia University and earned Beta Gamma Sigma in the School of Commerce.

The other founder of Highland Capital Management is Mark Okada who is also the Chief Investment Officer. Mr. Mark is in charge of investment activities of the company both for the retail and institutional investment platforms such as separate accounts, mutual funds, ETFs and hedge loans. Just like James, Mark has an experience of more than 30 years in the field of credit markets and hence is in charge of structuring the company’s collateralized loan obligations. Learn more about Highland Capital at Affiliate Dork.

Conclusion

The company has been expanding over the years under the great leadership of its founders. In the year 2004, the company was involved in a joint fund business with Columbia Asset Management and acquired 2 floating rate funds. Highland Capital has opened two more offices; one in Singapore in the year 2008 and the other in Seoul in the year 2011. This will ensure clients have an easy access to the offices in case they need assistance. Highland has been offering new strategies to different institutional investors to assist them attain their risks. They offer them with the best strategies such as gas funds, credit funds, short and long equity funds as well as private equity fund.

View: https://www.bizjournals.com/dallas/news/2017/05/31/highland-capitals-nexpoint-fund-raises-269-million.html

The Path To Success With CCMP Capital

When you are “there” with your customers, they feel safe, trust you and are likely to become loyal to your business. Stephen Murray CCMP Capital is one such company that has served its clients with high-quality service in the field of finance such as investment, estate planning, retirement planning, personal finance management, capital management, mergers, acquisitions and much else. Advice and suggestions from this company’s experts have reached its clients clearly and instantly. Nowhere else do you encounter as much diversity in finance subjects as in this company, founded by Stephen “Steve” Murray. And everything that goes in the service page of this company represent valuable business, so professionalism comes as standard when you are dealing with CCMP Capital.

Capital management is a highly planned service integrated in the network of service that this company offers to it clients – at both individual and corporate levels. The service features a staggering number of advice, investment strategies, procurement of needed funds from venture capitalists and marketing techniques from their simple yet comprehensive platform. All of these services can be accessed directly through the CCMP Capital’s website with no downloads required. Some of their services can even be accessed from mobile devices and tablets. CCMP Capital has an impressive selection of investment plans for people from all walks of life. Whether you are starting out in the investment field, want to invest your retirement savings in stock and mutual funds or an expert in market, there are many plans tailored to your needs and budget. From traditional investment strategy to some of the most advanced planning that have ever hit the market, you will learn a lot along the way. CCMP Capital also features a good assortment of packages for small-time investors, estate planners and so on.

As a financial expert for more than a decade, Steve Murray is accustomed to working with a talented team of experts on Wall Street like him. While some people may view his vision as a solitary endeavor, others have known him better as someone who is very influential in bringing the best out of his team. He had his own tremendously successful career working for many companies including CCMP Capital and has shared his working wisdom as well. For his peers and friends, Murray has inspired them to pitch many new ideas and innovations in the finance industry. Steve Murray has also worked with many business partners.He is a very patient and understanding investor who gives advice to clients on a daily basis. He has been incredibly supportive of many improvements at CCMP Capital, and his skills have always played part in the company’s success. In fact, his team could not have made it through challenges without his constant support and encouragement.