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New Capital Markets Division announced at Ohio development company
Cleveland – Stark Enterprises announced the addition of Stark Capital Group. The new division will provide comprehensive real estate capital markets solutions with an emphasis on equity and debt placements, principal acquisitions and asset management.
Nico Bolzan will serve as executive director of SCG. Bolzan will lead efforts to raise both equity and debt financing through a variety of private and institutional capital sources on a national level.
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Lumber Liquidators posts Q2 loss; may face formaldehyde action
Toano, Va. – Legal and regulatory costs, as well as costs related to payroll, severance and commissions, contributed to a surprise net loss during the second quarter of fiscal 2015 at Lumber Liquidators. The struggling retailer also informed financial regulators that it may face legal action stemming from the sale of Chinese hardwood flooring that allegedly contained excessive levels of formaldehyde.

