International Consolidated Companies, Inc. (INCC) engages Buell & Co. to acquire Medical and Recreational Real Estate

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INCC engages Buell & Co. to acquire Medical and Recreational Real Estate

International Consolidated Companies, Inc. (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., (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.

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