News & Events

Article published Dec 2,2011
By Claire Bessette Day Staff Writer

Norwich – Gary Joyal completed his purchase of the Marina at American Wharf nearly two months ago and has been busy making good on promises made to city officials and the public that day.

Joyal, chief executive officer of Joyal Capital Management LLC, announced this week that two of those promises have come to fruition, and that a third proposal in the works with Mohegan Sun casino “is even more exciting.” Joyal is meeting with casino officials to reach an agreement that would make the Marina at American Wharf the official marina for Mohegan patrons, with the casino renting boat slips to potentially bring high rollers to dock at Norwich Harbor.
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Article published Nov 2, 2011
By Claire Bessette Day Staff Writer
Norwich – Gary F. Joyal has endured many real estate closings across the country, sitting for hours to hear lawyers tediously explain the meaning of hundreds of pages of legal documents on the table before him.

But Monday’s closing for Joyal Capital Management’s $750,000 purchase of the Marina at American Wharf was different.

The closing occurred on the second anniversary of the death of marina founder Ronald Aliano, which brought a tinge of emotion to the transaction. Representatives of Aliano’s estate, attorney Theodore Phillips and executor Andre Messier, were close friends with the man whose vision and personal investment created the full-service marina at Norwich Harbor, and so they were partisan about the sale.

And the Aliano family offered a personal gift to Joyal of Aliano’s own personal boathouse. “I’m involved in so many different business transactions across the country,” Joyal said Tuesday. “Ted Phillips said to me, ‘Norwich does things differently. We still look you in the face, and shake hands and that’s a contract.’ They welcomed me as part of Norwich.”
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Article published Nov 1, 2011
By Claire Bessette Day Staff Writer

Mayor, city officials pleased with deal
Norwich – A new era for the city’s waterfront began Monday when Joyal Capital Management LLC completed its purchase of the Marina at American Wharf for $750,000 from the estate of founder Ronald Aliano.

Joyal Capital purchased the marina business at city-owned American Wharf along with adjacent properties from American Wharf Development Corp., owned by Aliano’s estate. Documents are expected to be filed on the city land records today.

The City Council approved transferring the remaining years of the 99-year lease, signed in 1987, on Sept. 6. The new owners plan to upgrade utilities, landscaping and buildings. Joyal Capital separately already owned the adjacent former Marina Towers office building. Gary F. Joyal, chief executive officer of the firm, is expected to announce formal plans for the marina in the near future. Joyal was not available for comment Monday. Lisa Jann Murphy, vice president of finance and operations for Joyal Capital, said the group will keep the Marina at American Wharf name but add the company’s “J” into a new logo. The current seasonal restaurant Surf-n-Turf will return next spring, and dockmaster Michael Valentine – also the city harbormaster – will remain.
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July 4th set for showcase of changes
By JAMES CRAVE

Norwich, Conn – Gary Joyal, the new owner of the Marina at American Wharf, has big plans for his latest acquisition, including a block party on July 4, 2012.

We have some good things planned, Joyal said Tuesday by phone from his office in Plymouth, Mass. The biggest thing is to get the marina back to where Ron (Aliano) left it off.

One of the first changes Joyal will put in place is to restore the fuel facilities at the marina’s docks. Also on the agenda is cable service for boat owners, repaving the grounds and landscaping that will bring it back to its original appearance.

We’re looking at plans to winterize the restaurant so it can stay open year round, he said. My focus will be to showcase the property next Fourth of July for the community.
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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.
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