The Americas Group Real Estate Participates
In Palm Beach County Development
The Americas Group Real Estate LLC has been active in identifying real estate investment opportunities in Palm Beach County, Florida and is launching its first residential project in which it has invested - Tierra Del Sol (www.TierradelSolJupiter.com).
Frank Weed, Chairman and COO of The Americas Group Real Estate put the project under contract with local development partners and construction will begin in November this year.
Tierra Del Sol features twelve luxury 3 and 4 bedroom townhomes ranging from $800,000 to over a million dollars located on the Jupiter Ridge Preserve with views of the Intracoastal Waterway. It is the only residential project located east of the Intracoastal and located in the well know Riverwalk area of the Town of Jupiter, Florida.
The Americas Group Real Estate has identified other opportunities in the Palm Beach County area.
If you have interest in receiving information concerning the projects/investments, please contact Frank Weed.
Office 561 406 2588
Cell 561 373 0956
José María Figueres Olsen and Howard M. Glicken
have been unanimously voted onto the boards of SunVesta Holding AG and SunVesta Inc.
The appointment of these two new board members represents a significant strengthening of the management of SunVesta and is connected to the continuing successful development of SunVesta’s flagship real estate development, the Paradisus Papagayo Bay Resort & Luxury Villas, Guanacaste, Costa Rica, a luxury hotel and villa complex managed by Paradisus, a luxury brand of Melía Hotels International; with an investment volume of nearly USD 200 million, the project is currently the largest private investment in Costa Rica. The appointment of Mr. Figueres and Mr. Glicken is further linked to the group’s focus on sustainable real estate development and its expansion strategy in Costa Rica and Latin America.
Curricula vitae of the new board members
José María Figueres Olsen
Member of the Board of Directors of SunVesta Holding AG
José María Figueres Olsen (born in San José, Costa Rica, December 24, 1954), is a Costa Rican businessman, and politician. After he left the presidency of Costa Rica in 1998, Mr. Figueres has also been involved in global issues such as climate change, sustainable development, and technology. He started his career as an engineer working in agribusiness. After a decade, he entered public service as Minister of Foreign Trade and then Minister of Agriculture. In 1994, he was elected President of Costa Rica, as the nation's youngest elected president of the 20th century. In 2000, he joined the World Economic Forum in Switzerland, and later he worked with Concordia 21 in Madrid. Since 2010, he has been Chairman of the Carbon War Room, an independent non-profit organization focused on the global transition to a low carbon economy. On March 27, 2012, Sir Richard Branson announced that he was appointed as the new President of the Carbon War Room.
Upon returning to Costa Rica after concluding his studies at West Point, he joined and later led the restructuring process of the deeply indebted family business, Sociedad Agroindustrial San Cristobal (SAISC) . Mr. Figueres helped return the business to profitability by disposing of non-productive assets, reducing leverage, improving the efficiency of many industrial processes, and focusing on expanding exports.
Years later, in 1990, Mr. Figueres co-founded Energía Global Inc. a renewable energy company with operations in Costa Rica, Guatemala, and Chile. The business was later sold and today it continues to operate as a subsidiary of ENEL, Italy's largest power company.
In 1986 Nobel Peace Prize Laurate and President Óscar Arias (1986–1990), appointed Mr. Figueres to overhaul the ailing National Railway System, INCOFER. He was then appointed Minister in the Arias government, first of Foreign Trade and later of Agriculture. Upon the completion of the governmental period Mr. Figueres continued his academic studies at the John F. Kennedy School of Government at Harvard University, graduating in 1991 with a Master's Degree in Public Administration.
Following his graduate studies at Harvard, Mr. Figueres returned to Costa Rica and declared his intention to seek the nomination of the political party he belonged to, Partido Liberación Nacional. After a heated and much-disputed primary election process involving five candidates, Mr. Figueres won the party's nomination in 1993 and went on to the national election that he won in February 1994. José María Figueres Olsen was elected President of Costa Rica for four years at the age of 39, the nation's youngest president in the 20th century.
In 1999, Mr. Figueres joined the Board of Directors of Terremark Worldwide Inc., on which he served for five years. He then continued to be closely associated with the company in its international expansion projects. Terremark is involved in transforming and securing enterprise-class IT on a global scale, providing industry managed services, cloud computing, colocation and web hosting solutions for enterprise IT infrastructures from their data centers. In 2011, Terremark was acquired by Verizon. In 2005, Mr. Figueres undertook a one year assignment as Managing Director of Talal Abu-Ghazaleh Organization, responsible for refocusing global consulting within the group. This group is the largest Arab group of professional services firms, headquartered in Amman, Jordan, with over 73 offices in 23 countries. From 2006 to 2009, Mr. Figueres served on the International Advisory Board of Abraaj Capital, the largest Middle East Private Equity firm with over $6 billion of assets under management. In 2009, he joined the Advisory Board of Grupo Arcano, an independent financial services firm based in Madrid, Spain. The group is a leading boutique in investment banking and asset management services.
In 2010, Mr. Figueres joined IJ Partners in Geneva, Switzerland, as a Managing Partner. IJ Partners was founded in 2009 during the global economic crisis, to provide financial services to private individuals and family offices investing exclusively in tangible assets.
Member of the Board of Directors of SunVesta Holding AG
Howard M. Glicken Howard M. Glicken is the Founder, Chairman and CEO of The Americas Group, a consulting/merchant-banking firm focused solely on Latin America, Mexico and the Caribbean. He has over 35 years of business and political experience in Latin America. During this time, Mr. Glicken was a co-founder and Vice-Chairman of Spectrum Telecommunications Corporation, a telephone service provider in Brazil, Argentina, Chile and Peru, which was sold in August 2000 to Terremark Worldwide, Inc., a publicly traded company. Mr. Glicken was Chairman of The Commonwealth Group from 1992-1996, a Washington, D.C. based public policy and consulting firm with extensive business and political activities in Latin America. Among its activities the firm assisted U.S. Companies develop and execute their Latin American market entry strategies. This part of the practice evolved into The Americas Group.
Mr. Glicken was Chairman and CEO of Jillian’s Entertainment Corporation from 1983-1992, a diversified NASDAQ listed public company which began as a nonferrous metals trading company, started by Mr. Glicken. It was one of the largest United States purchasers of gold ore from Latin America. From 1981-1983 he was a shareholder, Vice President and Director of Precious Metals of a large independent Miami Bank.
During the years 1972-1981, while Latin America was “industrializing”, Mr. Glicken was President, then Chairman and CEO of MGI Industries, which controlled the pioneer firm in the design and manufacture of extrusion tools and dies for the aluminum and copper industries. The firm also specialized in turnkey solutions for aluminum extrusion, smelting and fabrication facilities throughout Latin America, and its clients included virtually every aluminum extrusion plant in Latin America, Mexico and the Caribbean.
Throughout his career, Mr. Glicken has played a significant private sector role as a good will ambassador to Latin America. He has lectured and written extensively on issues affecting the region. In recent years he has served as a private sector advisor to the Clinton Administration on Latin American affairs and as a member of the private sector advisory group to the Inter-American Development Bank. He is also an advisor to several Latin American governments. He was a member of the Steering Committee and Co-chair of the Finance Committee of the 1994 historic Summit of the Americas in Miami. Mr. Glicken was President Clinton’s official private sector delegate to the Inaugurations of Presidents Menem (Argentina), Fujimori (Peru), Sanguinetti (Uruguay), and Bucaram (Ecuador). He helped prepare and was a member of a Presidential Trade Mission to Latin America with Secretary of Commerce Ron Brown. Mr. Glicken has testified before Congress in 1993 on the Free Trade Area of the Americas and has been a participant in numerous trade conferences and delegations relating to Latin American trade. More recently he was an official guest to the Inauguration of President Fernandez (Dominican Republic). Mr. Glicken advised the Clinton Foundation on Latin American participation in the Clinton Global Initiative and accompanied President Clinton in 2005 on a visit to Sao Paulo, Brazil. He continues to be a Latin American advisor to the Clinton Foundation. He is a member of the U.S./Brazil Business Development Council, Inter-American Dialogue and Council of the Americas. He is recognized as one of the most knowledgeable business and political advisors in Latin America and has been an early promoter in bringing U.S. business and investments to the region.
Mr. Glicken is very active with the Democratic National Party and has served in many capacities over the years. In 1997, he was required to pay a fine due in connection with an election law violation. Mr. Glicken has been National Vice Chairman of Finance of the Democratic Party, a member of the National Finance Board of Directors and a Managing Trustee of the Party. He was also Chairman of the Board of the College Democrats of America, a post he held for ten years, a member of the Chairman’s Council of the Democratic Senatorial Campaign Committee, a Trustee of the Florida Democratic Party, State Finance Chair for Al Gore for President 1988, State Finance Chair for Senator Bob Kerrey for President in 1992, State Co-Finance Chair for President Clinton and a Trustee of the Vice President’s Residence Foundation.
He is on the Executive Board of The Miami Coalition for a Drug Free Community, a Board member of the Make-a-Wish Foundation and the Chairman Elect of the Coral Gables Community Foundation. He is also a member of numerous other corporate, charity and civic organizations and boards. He attended the University of Florida, the American Banking Institute, and the Harvard University Advanced Institute on Negotiation. He is fluent in Spanish and has a working knowledge of Portuguese.
Link to Press Release;
Portones Del Mar S.A.
Engages The Americas Group Real Estate
TAGRE is pleased to announce it has been engaged by Portones Del Mar S.A. (www.portonesdelmar.com) to advise the principals in implementing the best project development strategy for their community, Portones Del Mar Yacht Club and Resort, and to assist in developing an appropriate financial and marketing plan for the development including a possible joint venture(s) with strategic partners.
Portones Del Mar Yacht Club and Resort is well located on 55 hectares (136 acres) on Punta Chame in the Republic of Panama. The Club and Resort features a sandy peninsula with 2.4 km (1.5 miles) of beachfront providing for a protected area for beach and boating enthusiasts. The community separates the Pacific Ocean from the Bay of Chame and is located just 50 km (30 miles) southwest of Panama City providing for easy access for residents and visitors alike.
The community’s master plan offers stylish hotel accommodations/resort/residences and villas and is based on creating a community focused on lifestyle amenities as well as the latest technology for sustainable living. The plan features hotel/resort accommodations, a 400 slip marina, marina village, spa facilities, yacht club, and a variety of restaurants/retail/commercial facilities catering to the residents and visitors of Portones Del Mar. The community will begin development improvements upon receiving approvals for the various aspects of the community.
Panama is one of the fastest growing economies in the world over the past few years and has created significant new levels of wealth. The community’s proximity to Panama City and its large marina facility will make it an ideal weekend and beach resort for Panamanians. In addition, Panama is becoming one of the world’s premier retirement and tourism destinations and is served by major airlines from the U.S., Europe and Latin America.
For further information:
The Americas Group Real Estate
Phone (561) 373-0956
“The Americas Group Cuba Business Enterprise (TAGCBE) signs an MOU to sell control to Fuego Enterprises, Inc., a publicly traded company”
CORAL GABLES, Florida, January 23, 2013
The Americas Group Cuba Business Enterprise (TAGCBE), a company focused on providing strategic advice to individuals and companies interested in doing business with Cuba and /or investing in Cuba as regulations permit, has announced the signing of a Memorandum of Understanding (MOU) to sell control of TAGCBE to Cuba Business Development Group Inc. (CBDG) in exchange for shares in its parent Company, Fuego Enterprises, Inc. Symbol: FUGI.
TAGCBE is a division of The Americas Group which has extensive relationships with foreign companies currently doing business in Cuba through its 40 years presence in Latin America and in additional developing markets. Cuba is one of the great remaining "last frontiers" in the Western Hemisphere which presents enormous opportunities for U.S. business interests due in part to its size, diverse and beautiful environment and, most significantly, its geographic proximity to the mainland United States.
TAGCBE believes it is timely and important for U.S. Companies to seriously begin monitoring the prospects and environment for doing business in Cuba and to begin tracking the Cuban market and policies, so they are prepared to make a move when the regulations permit. Towards that end we have assembled a group of synergistic investor partners with expertise and skills in a broad variety of sectors.
Howard Glicken, Chairman of the Board of TAGCBE and The Americas Group said, “CBDG and Fuego will provide an exceptionally well connected presence in Cuba through their current business in Havana and 20 years of experience in doing business in Cuba, which will provide TAGCBE the in country management experience we have been seeking to execute our mission. We are very pleased to be working with such a high quality group.”
CBDG, a fully owned subsidiary of Fuego Enterprises, Inc. (FUGI), provides strategic and business solutions for opportunities in Cuba and the Caribbean basin markets. The company currently owns and/or manages or is an associate in a number of separate business segments with direct relationships in Cuba. The company currently provides strategic consulting services to businesses with an interest in the Cuban market in the delivery of international products, services and technologies into in a number of segments such as telecommunications, gift parcels and cargo transportation to and from Cuba. The company through its media group is committed to support all group-related products and services.
Fuego Enterprises, Inc. is a diversified holdings company with operations in media and entertainment. Fuego specializes in the production, promotion and distribution of Cuban media entertainment services with cultural relevance within the United States and the world. Fuego, also publishes OnCuba (www.oncubamagazine.com), the first Cuba focused monthly bi-lingual magazine publication with national distribution in the US. OnCuba is published in both print and electronic formats and is distributed in over 59 Barnes & Nobel stores throughout the United States. It is also distributed in Cuba and is the official and exclusive “in-flight” magazine for almost all flights from the US to Cuba.
CBDG, though it subsidiaries Mobile Activation Services (http://www.mascell.com) and Universal Network Operations Cargo (UNOcargo) owns licenses granted by the U.S. Department of Commerce and the Office of Foreign Assets Control (OFAC) to conduct certain international trade, free of certain restrictions under U.S. laws prohibiting financial dealings with Cuba. Consistent with the U.S. guidelines of the Trade Sanctions Reforms and Export Enhancement Act, CBDG intends to operate a number of Cuban business initiatives pursuant to these license agreements. In exchange for consulting fees, CBDG also intends to assist other U.S. businesses export their products and services to Cuba
Hugo Cancio, Founder, Chairman and CEO of Fuego Enterprises and CBDG will become Chairman and CEO of The Americas Group Cuba Business Enterprise (TAGCBE). Cancio said, “This acquisition fully fits with our strategy to drive growth in key areas and markets where we are able to fully leverage our unique expertise, capitalize on years of experience and solid relationships, and deliver shareholder value with stronger and more stable growth. We are very excited about our association with the prestigious Americas Group.”
Press Release: Universal Capital Management, Inc.
WILMINGTON, Del., Sept. 19, 2012 /PRNewswire/ -- Universal Capital Management, Inc. (UCMT) announces the following: NB Regeneration announced today that it had retained The Americas Group, to assist the Company in various capacities relative to the development of its proposed nitrogen fertilizer facility to be located in the Republic of Panama. The Americas Group's advisory services in Latin America will include government relations, sales and marketing, joint ventures and strategic relationships both in the U.S. and Latin America and various other advisory services.
Universal Capital Management, Inc. (UCMT) had previously announced that it had entered into a Memorandum of Understanding (MOU) to purchase up to 43% of NB Regeneration, Inc. NB Regeneration is in the process of developing a nitrogen fertilizer facility to be located in the Republic of Panama that will be capable of producing up to 4,000 MT of granulated urea daily.
"We are very excited to be involved in this significant project," stated Howard M. Glicken, Chairman & CEO of The Americas Group. "We believe that our extensive experience in the region will be an important and valuable resource for NB Regeneration."
Michael Queen, CEO of Universal Capital Management stated, "The announcement last week by Orascom Construction Industries, of its intent to build a $1.4 billion urea plant in Iowa (WSJ On-line Article) is further indication of our belief that the demand for urea will continue to increase for the foreseeable future." Orascom is a construction and fertilizer company in Egypt with sales exceeding U.S. $6 billion and one of Egypt's largest companies.
About Universal Capital Management, Inc. Universal Capital Management has been actively involved in direct response management and marketing services that it provides to its clients or its specifically owned businesses. The Company provides management services and assists and enables entrepreneurs to introduce products to the consumer, wholesale, retail, or global markets.
About The Americas Group
The Americas Group ("TAG") is a consulting, marketing and merchant banking firm focusing its activities on Latin America, Mexico and the Caribbean. The Company develops Latin American market entry strategies for U.S. Companies and United States market entry strategies for Latin American Companies, and then assists them in executing the strategies through a variety of business arrangements. http://www.theamericasgroup.net
Forward-Looking Statements: Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as "expects," "should," "believes," "anticipates," or words of similar import. Similarly, statements that describe UCM's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of as appropriate, which would cause actual results to differ materially from those currently anticipated. Although UCM believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements. These forward-looking statements are only made as of the date of this press release and UCM does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.