Real Estate Development & Construction Funding
Development Plans plans for a $200 million project in the Fort Pierce, Vero
Beach, Florida area, Art was the driving force in connecting us to our funding
source. The project is now funded, in three phases and will progress over a four
year period. Not only did he assist in obtaining the required funding but also,
he arranged for a bridge loan to carry us over our soft cost requirements. In
the interim Art introduced us to a group of institutional buyers who eventually
presented us with a contract to pre-purchase 50% of the units, which gave us the
economic clout to proceed. There is no better person to have on your Development
Team than art House."
Sterling Development, LLC - Boca
my many years in business, when I was either the CFO of a Fortune 500 company
or the President of a successful Chicago bank, I have always been hesitant
to write letters of recommendation. But, in the case of Mr. House, I am
quite pleased and confident.
known Art for several years, even before he relocated to Florida. I have
the pleasure of working with him as a volunteer consultant with the Florida
Atlantic University SBDC. I was so impressed with his attitude of Getting
the Job Done that I later had the opportunity to work with him on several
consulting assignments. Art has a unique ability not only to understand
the technical aspects of a job but also the financial controls required
to meet the budget. He is also one of the most energetic individuals I
have ever met and he, therefore, creates an energetic environment all around
him. This is contagious and it manifests itself in visible increases in
productivity. If you
are looking for a consultant, educator, or any other executive type person
who, "requires honesty, energy, integrity, reliability, dependability,
intelligence, construction experience, financial acumen, and just plain
common sense, then look no further than Art House."
H. S. Brown, President
Sky Enterprises, Inc. Jupiter FL
"In order to
proceed with our development, we needed $3.4 million for construction costs and
an additional $1.1 in soft costs. With no foreseeable funding in sight, from
traditional sources, we asked Art to see what he could do to raise the funds
required to move forward. Three months later, we broke ground and saved our
project - and literally our life's savings. A casual introduction to Art
resulted in the successful completion of our project."
Trace Oliver, V.
Stony Brook Villages
"By restructuring our existing
business structure, our Purchasing Policies, and our Debt, as
recommended by Art House, saved us, via cost containment measures, in excess of $168,000 per
year, which goes directly to the bottom-line. Art installed several significant
Financial Reporting Systems for better interpretation of our financial
condition in a timely fashion. He made recommendations, and wrote the entire
Strategic business Plan, for us to
implement so we could streamline
our business into one Corporate Entity. This ... has boosted our profitability through
economies of scale, eliminated duplicate tasks, and provided us with financial tools
for management decision-making.
Art worked diligently to
create a financial plan for us to approach lending institutions for necessary
long-term funding requirements for business growth. By implementing several
cost containment procedures, and modifying our labor rate structure,
we have increased our total Gross Profit margins by 52% this year alone.
Art has proven to be highly articulate and knowledgeable about matters
that will help us to continue implementing meaningful change in our operations,
which will add value to our business. We look forward to having Art House
back to continue to work with us to achieve our goals."
- Rob Heintzman,
Contracting Inc., Louisville, KY
"Art is an
exceptionally bright business development professional who worked with us to
obtain funding, ... and other tangibles to help get our $77M project back to
life, as well as working on multiple other projects together. He is devoted to getting a company to grow. He will work
tirelessly to make this happen. I have watched Art instigate growth,
follow it through, take a step back, and then start all over again with more
projects and ideas. Art is high energy, diligent and will stick to the
task until it is complete. He multi-tasks well and uses his time
effectively. I would definitely work with Art
WAVE Holdings, LLC - Boca
"Art's greatest strengths are his
energy, creativity and optimism. Arts' greatest talents are in overcoming
obstacles. I have watched Art pull
together deals that I did not think were
possible, but Art made them work. He is consistent in his professionalism and his high energy. Art tries hard to always do the right thing by every body
in the deal."
Paul R. Kennedy, Real Estate
Del Ray Beach, Florida
completed the first phase funding acquisition for us - and we are more than pleased.
I was especially impressed with how fast and efficiently Art grasped our
corporate culture - he was efficient, quick and extremely knowledgeable.
I would like to share a comment made by my Finance Officer; "This was
the best money we ever spent."
- Magtech, Houston, Texas
"I want to emphasize several
thoughts about Mr. House. First, he is a very bright individual. He quickly
grasps the subtlety of complex situations, and devises resolutions. Second,
is his ability to work, and work hard. I could always count on Art producing
the information I needed. Third, is the veracity Mr. House has exhibited.
Often times in representing a client, choices are made that allow an attorney
to judge the character of his or her client. The choices Mr. House made
impressed me. He had many opportunities to take full advantage of a fellow
partner, which would have led to Mr. House’s financial benefit, but which
Mr. House refused to do because of his personal morals.
Art’s energy is overwhelming,
and he has the ability to work … sixty or seventy hours per week. The more
he works, the happier he seems to be. This trait, whether it be healthy,
is one which successful people seem to be inflicted with.”
- John Robert Wilson,
Goff and Wilson
Concord, New Hampshire