Noble Investment Group Acquires Dual-branded Aloft Arundel Mills and Element Arundel Mills

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Noble Investment Group Acquires Dual-branded Aloft Arundel Mills and Element Arundel Mills

PR Newswire

ATLANTA, July 11, 2017 /PRNewswire/ — Noble Investment Group (“Noble”) today announced the acquisition of the dual-branded Aloft Arundel Mills and Element Arundel Mills. Located in the Baltimore-Washington Metropolitan area and proximate to BWI International Airport and Fort Meade, the hotels opened in 2009 and were renovated in 2015.

Noble Investment Group acquires dual-branded Aloft Arundel Mills and Element Arundel Mills.

The hotels are adjacent to Arundel Mills, the largest upscale retail center in the state of Maryland, and Maryland Live! Casino, one of the largest casino destinations in the United States with more than 260,000 square feet of gaming space. A prominent corporate center, the area is home to companies such as General Dynamics, Northrup Grumman, Siemens, CSC, Aerotek and Booz Allen Hamilton.

“The Arundel Mills/BWI market has continued expand with a consistent demand base anchored by defense and government related businesses,” said Noble principal, Ben Brunt. “The Aloft and Element acquisition provides Noble the opportunity to acquire an institutional quality, dual-branded hotel, at a significant discount to replacement cost; and at a time when these exciting brands are also set to benefit from joining the Marriott reservation system.”

The Aloft Arundel Mills features 142 guestrooms with amenities such as a 24-hour business center and fitness center, an indoor pool, a self-service car wash and hotel-wide complimentary high-speed wireless internet access.  The Re:Mix(SM) lounge is stocked with games, TV’s and a pool table and connects with the W XYZ® bar, open in the evenings. The hotel offers Camp Aloft for kids ages 2-12, providing child-size mattresses, a goodie bag upon arrival, games and kid-friendly food options. The hotel is also pet-friendly with the arf (SM) pet program featuring a special bed, bowl, and a doggie bag full of treats and toys.

The Element Arundel Mills features 147 studios and suites, which come with fully-equipped kitchens with a full-sized refrigerator, range top, microwave, and coffee maker.  The hotel offers a 24-hour business center and fitness center, indoor pool, outdoor patio with self-service grill, 24-hour laundry room, and complimentary internet access throughout the hotel. Guest can enjoy a complimentary daily hot breakfast with a variety of healthy options at Rise: Breakfast Bar, as well as a complimentary evening social Monday – Thursday. The pet-friendly hotel also offers an in-room dog bed and water bowl, an extensive walking area and free treats and toys.

For more information or to make reservations at Aloft Arundel Mills, please visit aloftarundelmills.com  or call 443-577-0077.  For more information or to make reservations at Element Arundel Mills, please visit elementarundelmills.com or call 443-577-0050.

Noble Investment Group

Since 1993, Noble has specialized in making value-added, opportunistic and income investments in upscale select service and extended-stay hotels affiliated with Marriott, Hyatt, Hilton and Intercontinental. Through its private equity real estate funds, Noble has invested more than $3 billion in communities throughout the United States, creating thousands of jobs. As a fiduciary to state pensions, university endowments and foundations, Noble’s endeavors help to preserve and grow our limited partners’ capital which provides retirement benefits for millions of our country’s teachers, policemen and firefighters as well as financial resources for students to attend college. For more information, please visit nobleinvestment.com

Noble Investment Group acquires dual-branded Aloft Arundel Mills and Element Arundel Mills.

Noble Investment Group. (PRNewsFoto/Noble Investment Group)

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SOURCE Noble Investment Group

Snuggle-Pedic Over Takes All Other Pillows Sold On Amazon To Claim the Number One Rating!

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Snuggle-Pedic Over Takes All Other Pillows Sold On Amazon To Claim the Number One Rating!

With over 7,000 verified product reviews, Relief-Mart™, Inc., makers of the best-selling Snuggle-Pedic® ultra-luxury bamboo memory foam pillow, surpasses all of the thousands of other pillow competitors on Amazon.

PR Newswire

AGOURA HILLS, Calif., July 11, 2017 /PRNewswire/ – Relief-Mart™, Inc., manufacturer of high quality home health products, revolutionized the sleep industry with its personally customizable Snuggle-Pedic Ultra-Luxury Kool-Flow® bamboo shredded memory foam pillow, making it a best seller on the Amazon list.  Two and a half years and over 7,000 verified user reviews later, Snuggle-Pedic now has the distinction being the highest rated pillow on Amazon, well overtaking even its nearest pillow competitor Coop Home Goods with a 4.5 to their 4.3 average star rating. 

“Customers have really come to rely on ratings, which fits in perfectly with our hyper-focused approach and constant attention to pleasing customers,” says Dr. Rick Swartzburg, D.C., head of product development at Relief-Mart, Inc.  “Unfortunately, there are many unscrupulous businesses out there that have tweaked the ratings by sending reviewers to sites that can collect their review without even verifying that they have the product.  Fortunately, Amazon now uses a tough screening process and actually labels each review ‘Verified’ only when the product was purchased through a valid Amazon account.  They also make it easy to sort only Verified Reviews for those combing through the product reviews.”

Dr. Swartzburg goes on to state that over the past 2.5 years he has personally meticulously combed through every one of the over 7,000 pillow reviews to further innovate and improve their Snuggle-Pedic pillow, along with utilizing his well-trained customer service staff to assist with any customer who had any issues whatsoever.  “Assisting customers is more than just answering questions and fixing any issues,” says Dr. Swartzburg. “We are the only company that has ever offered free personal customizations to alter a pillow or mattress to suit the customer’s exact needs.”  This high level of customer service not only helped further contribute to the good reviews, but it put them in the trenches to really know what it was that customers liked and didn’t like about the product, leading to one of their newest and best innovation…their patented mattress in a box dubbed as the Snuggle-Pedic Mattress That Breathes.  It may be too early to tell, but based on their 4.8 star rating with over 100 verified reviews, it is possible that may have another runaway hit on their hands.

The Snuggle-Pedic pillow comes in four pillow sizes, as well as a full body pillow (currently rated a 4.7 with over 2,000 reviews).  Each hypoallergenic and dust mite resistant Snuggle-Pedic comes with an industry leading 90-nigh trial and 20-year warranty.  They are all hand made in Relief-Mart’s Southern California factory, using top-quality U.S.A. made components.  For more information you can visit http://www.SnugglePedic.com.

About Relief-Mart™, Inc.
Based in Westlake Village, CA, Relief-Mart manufactures high quality mattresses, pillows and other personal health products under the watchful eye of Rick Swartzburg, D.C., Vice President of Product Development.  Founded in 2001, Relief-Mart sources materials from and manufactures products in the U.S.A.

Media Contact:
Dr. Rick Swartzburg, D.C.
167230@email4pr.com

800 667-1969
cell: 805 279-3456

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SOURCE Relief-Mart, Inc.

MHL Trading Launched by Jewelry Industry Veteran Lebowitz

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MHL Trading Launched by Jewelry Industry Veteran Lebowitz

New York-based firm specializes in close-out and overstock inventories; inventory appraisals for asset-based lenders; consignment programs; GOB and promotional sales; retail/wholesale consulting

PR Newswire

NEW YORK, July 11, 2017 /PRNewswire/ — Michael Lebowitz, a 45-year veteran of jewelry retailing, wholesaling and consulting, has launched MHL Trading, LLC, offering a wide range of services to the industry.

The New York-based firm’s services include buying, selling and appraisals of close-out and overstock merchandise; inventory appraisals for asset-based lenders; consignment programs for retailers; management of going-out-of-business and promotional sales; and consulting for retailers, wholesalers and manufacturers seeking to drive business. MHL will focus especially on diamonds, fine jewelry with diamonds and/or gemstones, antique and estate jewelry, and better watches.

In the close-out and overstock arena, MHL seeks to distinguish itself from other trading firms by offering three levels of return-on-investment based on the cash flow and time constraint requirements of its clients.

For example, options for a manufacturer with aged inventory might include an offer to purchase the older merchandise at 30% to 40% of cost; a short-term memo (90 days) designed to recover 50% to 65% of cost; or a six-month memo under which MHL would place the goods into its consignment programs with retailers, potentially recovering up to 110% of cost.

On the appraisal front, MHL offers asset-based lenders a comprehensive analysis of potential recoveries on inventories in the event the borrower defaults (including forced liquidation, gross orderly liquidation, and net orderly liquidation values). The firm can also provide an in-depth analysis of strengths and weaknesses of the appraised business.

Under its consignment program for small to mid-size chains, MHL meets with the client’s merchandising team to determine the retailer’s merchandise needs (including styles, colors, metals, and price points).  The chain promotes the merchandise in an ongoing manner, while vendors receive sell-through reports and payments monthly.

MHL’s services on going-out-of-business and promotional sales include general direction, merchandising, marketing/advertising, provision of supplemental merchandise (where allowable by law), and day-to-day supervision.

Prior to founding MHL Trading, Lebowitz spent four years as Director of Jewelry for recycled diamond company White Pine Trading, where he helped launch a new division providing consulting and other services to manufacturers, wholesalers, retailers and asset-based lenders. Before that, Lebowitz served as Executive Vice President of Buxbaum Jewelry Advisors, where he directed store closings, promotional sales, inventory augmentation programs, wholesale auctions, and consulting assignments for retailers, wholesalers or their asset-based lenders. 

Previously, he served as a consultant to manufacturer M. Fabrikant & Sons, and held positions as a fine jewelry merchandise manager for Boston jeweler Shreve Crump & Low and a close-out buyer and asset appraiser at Gordon Brothers Corp. He began his career in 1970 with Lebowitz and Co., a family-owned jewelry store in Shrewsbury, Mass., where he was ultimately named Chief Operating Officer.  Lebowitz is certified by the GIA (Gemological Institute of America) as a graduate gemologist and as an Okuda Certified Diamond Inspector.

MHL Trading is located at 608 Fifth Ave., Suite 909, New York, N.Y., 10020. Phone is (781) 956-2037.

Media contacts: At Parness & Associates PR, (732) -290-0121, Bill Parness, 167377@email4pr.com or

Lisa Kreda, 167377@email4pr.com.

NOTE TO MEDIA:Michael Lebowitz is available as a resource for your stories on all aspects of the jewelry industry.

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SOURCE MHL Trading