Belden Village Mall

Belden Village Mall Entrance

Belden Village Mall

The Stark Group, represented by the Director of Stark Financial, reached out the Revision Group to help his company secure 12 million dollars of equity for the purchase of a strong performing mall in Akron, owned byDDR. (Developer Diversified, A National REIT who owns over 300 shopping centers across the USA.) This deal fit some of the parameters that the Revision
Group needs to get involved:

  • Strong Sponsor- Stark Group who owns a few million
    dollars’ worth or retail malls and lifestyle centers
    across the USA, but its stronghold in in Ohio.
  • Great location, as although Malls are suffering across
    the USA, (brick and mortar models are being viewed
    as very risky, as Amazon and other “On Line”
    business strategies, this mall has stood out as a
    strong player. Also the Stark Group owns the nearest
    competitive mall in Canton, Ohio, where they have a
    100% occupied mall, and now will have a dominant
    presence in Canton for traditional shopping malls
  • The Revision Group sourced out many possible
    partners that have interest in financing mall
    acquisitions, and we found the Ranier Group, from
    Dallas. We invited them to Cleveland to meet with
    our group and the Stark Group, and after a 2 day
    visit, we moved to a LOI in 4 days after their visit.
  • We closed a 12 million dollar capital raise for Stark in
    (Oct) (See the New release)
  • Both the Ranier Group and the Stark Group were
    very satisfied, and GEN X Capital and the Revision
    Group received agreed upon capital fees and have
    developed a strong relationship with both the

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