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North Bay Business Journal

Monday, November 26, 2012, 5:00 am

Business News: Week of Nov. 26, 2012

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    Banking and Finance

    Altus Equity Group, LP, in Santa Rosa announced that it funded and closed its latest investment fund last month. The fund is a real estate focused private equity fund, focused on the distressed single family asset class in Northern California. This proprietary model developed by the company enables investors to enjoy asset-backed periodic returns along with capital growth generated both at the purchase and by the market over time.  The firm is confident the space will continue to afford opportunity to acquire distressed assets below replacement cost and below market. To learn more about Altus Equity Group, LP and other opportunities, accredited investors may contact the company at 760-651-2727 or team@altusequity.com.

    Bank of Marin Bancorp (Nasdaq: BMRC) opened a new branch office in Tiburon on Monday, Nov. 19. The bank’s location at 23 Reed Blvd. in the community of Strawberry closed on Nov. 16 and was relocated to the new location in the Cove Shopping Center in Tiburon. The bank began hosting an open house for the community and all customers from Nov. 19 through the end of the month. An official ribbon-cutting ceremony is scheduled for Nov. 29. As part of the bank’s strategy for Tiburon, Jackie Williams has been promoted to market manager for Tiburon and Sausalito.

    Construction

    Sebastopol-based Leff Construction has been awarded national 2012 Design Excellence Award by Residential Design+Build magazine for innovative technology integration for a custom residence project located in Cazadero. The nearly 3,500-square-foot hilltop home is situated on a remote 775-acre property and presented a variety of challenges due to the owner’s concerns for achieving a near zero-net-energy rating and the area’s harsh winter storms that often result in extended power outages. The combination of building design and the technology incorporated into the home addressed all concerns. Working with a team of sub-contractors and consultants, a highly complex series of systems to control heating, cooling, power and lighting were intertied and are controlled remotely via the owner’s iPad with the Savant system. Their work will assure the home maintains a level of comfort, regardless of weather conditions.

    Health Care

    Sutter Solano Medical Center in Vallejo has earned the Gold Seal of Approval for stroke care. The Joint Commission has awarded the hospital with the advanced primary stroke center certification, a distinction earned after the Joint Commission conducted a meticulous on-site review on Nov. 7. The Joint Commission developed the stroke certification process in 2003 to help organizations continuously provide safe, high-quality care, treatment, and services by identifying opportunities for improvement in processes and helping institutions to follow through on and implementing the improvements. SSMC has been awarded a two-year accreditation by The Joint Commission for meeting all requirements to be certified as an advanced primary stroke center.

    Technology

    Autodesk, Inc. in San Rafael (Nasdaq: ADSK) has been named as one of the 25 World’s Best Multinational Workplaces by the Great Place to Work Institute. Autodesk, a leader in professional and personal 3D design, engineering and entertainment software first appeared on the Great Place to Work list in 1999 and this year is highlighted for its unique six-week sabbatical program. This award builds on Autodesk’s worldwide momentum as a “Best Place to Work,” having been recognized by the Great Place to Work Institute in the United Kingdom, Switzerland, Germany, Canada and the United States in 2012. In addition, Autodesk was named as one of China’s Top Employers by the CRF Institute in 2012.

    Larkspur-based Systema Software, a leading provider of claims administration software and services to the insurance industry, announced that Dynamic Claim Services has selected SIMS Claims as a hosted solution that will run on Systema’s premier SIMS Cloud infrastructure. Dynamic Claim Services is a third-party administrator providing expert workers’ compensation claims management services to insurance companies and self-insured employers.

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