June 28, 2011
Contact: Lisa Murphy/JCM Norwich Marina Acq., LLC
Plymouth, MA — Gary F. Joyal of JCM Norwich Marina, Acquisitions, LLC has entered into a contract to purchase the Norwich Marina “American Wharf†and is proud to announce his intended acquisition of this property in order to upgrade and complete the development of the facility.
Gary currently serves as Chief Executive Officer of Joyal Capital Management, LLC “JCM†an Estate, Business and Financial Planning firm with many local ties in the greater New England area. He is Managing Partner of its affiliates (over 25 operating companies) including; Joyal Insurance Agency, LLC, JCM Mortgage Co., LLC, JCM Franchise Development, LLC, Joyal Property & Liability, Inc. and multiple Real Estate holding companies. Corporate Headquarters are located in Plymouth, MA with offices in Boston, MA and Boca Raton, FL. For over 20 years Joyal Capital Management, LLC has been a strategic consultant to family businesses and high net worth individuals on the importance of legacy planning. The companies perform a variety of consulting, marketing, estate planning, property development, ownership and management services. On a philanthropic note, Gary is also the founder of Joyal Capital Management Foundation, Inc.
In order to meet the needs of the firm’s clients Joyal Insurance Agency, LLC was established in 1989 with Gary acting as Managing Member. This independent agency, with active licenses in over 18 states has relationships with over 35 insurance companies. Gary Joyal is Chairman, CEO of Joyal Capital Management, LLC which formed in September, 2000. In 2003 the Wealth Management Division of JCM was created to provide real time, fully integrated, and completely updated planning for clients including; profit and loss, new business development, joint venture relationships and client service.
Gary continued his forward thinking business strategy by forming JCM Mortgage Company, LLC in September 2001 to meet the increasing demand for funding of real property refinancing and acquisitions. In 2009 in keeping with the philosophy of Total Plan Integration, through the holding company, he formed a strategic partnership with Northern Bank & Trust Company (“Northernâ€) a Boston based full service Bank and Trust that offers a complete suite of banking and financing options including Residential, Commercial, Construction, and Personal Loans. He initiated this relationship in a concerted effort to reduce turnaround times for finance approvals, and to open a pipeline of creative finance options for small businesses.
Since a large part of the core company’s rolodex is franchisee based, JCM Franchise Development, LLC was formed in June, 2006 with Gary as Managing Member. This franchise division provides differentiated, value-added advice and services to clients on complex strategic decisions and transactions, including; mergers and acquisitions, sell-side and buy-side advisory services, leveraged buy-outs, joint ventures, strategic alliances, refinancing, debt placement, and other restructurings.
Philanthropic giving is an important part of giving back to the community and thus Joyal Capital Management Foundation, Inc. was borne from this commitment in September 2008. As founder, Gary Joyal established a clear mission to actively serve those in need by building permanent charitable capital, making philanthropic grants and providing services that contribute to the health and vitality of the community through interactive giving. The original “$100 for 100†program helps thousands of children in need and also recognizes outstanding youth for their community leadership and other accomplishments, with an ongoing expansion across the country.
In the acquisition and development arena he has a proven track record of being able to acquire, finance and develop commercial and residential real estate projects and has completed projects in MA, CT, GA & FL and has a major project of approximately 20 million dollars currently underway in NC.
According to Mr. Joyal; “I am very excited about this project and look forward to working with the City of Norwich to bring the Marina to a new level of development which will be a showcase for the entire area.â€
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