July 20 2015
Allegiancy hires new general counsel focused on business results
John M. Ramey III brings outstanding legal experience, entrepreneurial spirit
RICHMOND, VA. – Commercial real estate asset manager Allegiancy announced today it has hired John M. (J.M.) Ramey III as its new general counsel. Most recently, Ramey was a principal at Goodman Allen & Filetti, a full-service law firm in Virginia. Previously, he was a founder of Ramey-Michael Business Law Group, a boutique business law firm; and a partner at Hirschler Fleischer law firm.
Ramey brings considerable experience in securities offerings; venture capital and “angel” financing; buy-sell agreements; and commercial real estate (leasing, acquisitions, and financing). Since 2005, Ramey has assisted clients in raising more than $1 billion of equity through private placements of securities.
He has been listed in “Virginia Super Lawyers” magazine for business corporate law, and among Virginia’s Legal Elite in “Virginia Business” magazine. Ramey also has held leadership positions in the Virginia Bar Association and the American Bar Association.
Ramey holds a law degree from the University of Richmond, and a bachelor’s from the University of Virginia.
At Allegiancy, Ramey will oversee all legal matters affecting the company, including capital fundraising, as well as lease, finance, and sale transactions for Allegiancy’s clients.
Allegiancy President Chris Sadler said: “We are excited to have J.M. join our team. We have worked with him for many years and are very fortunate to have someone of his caliber and considerable legal experience in our corner.”
J.M. Ramey said, “I’m excited about joining Allegiancy. I have always been impressed with its innovative approach and entrepreneurial spirit. I am looking forward to being a part of the exciting plans Allegiancy has as it moves forward.
Allegiancy is changing the business of asset management for commercial real estate owners and investors. With a technology-enabled operating platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor to a poorly understood business. Combining its proactive Value Assurance? operational rigor with an intense focus on cash flow and profitability, Allegiancy is building on a track record of more than four decades of success.
Headquartered in Richmond, Va., and led by a team of seasoned professionals, Allegiancy’s management systems have allowed their properties to outperform their real estate investment trust (REIT) peers by 45 percent since 2006. Allegiancy is well-known for delivering attractive returns and profitable, hassle-free investments in commercial real estate.
Since 2014, the company has expanded its assets under management by 400 percent with a combination of organic growth and corporate acquisitions. Allegiancy plans to accelerate this growth by acquiring more companies, securing additional asset management contracts, hiring more employees, and continuing to improve its proprietary technology for the benefit of property owners.
To schedule an interview with Allegiancy’s leadership, contact Audrey Bevel at email@example.com, or 866.842.7545 ext. 204, or (804) 201-7161.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Allegiancy, LLC’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the offering circular dated January 14, 2014 and filed by the Company with the U.S. Securities and Exchange Commission on January 15, 2014. The offering circular, and any supplements or updates thereto, is available on the EDGAR system located on www.sec.gov.
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