News

SBV Communities Purchases Memphis-Based Summer Trace Apartments

SBV-Memphis-Summer Trace has purchased and filed a $3.5 million construction loan for the 255-unit Summer Trace Apartments at 6015 Summer Trace Drive in the Raleigh/Bartlett apartment submarket.   The loan through Wells Fargo Bank NA comes the same day SBV began a 10-year payment-in-lieu-of-taxes agreement through the city Health, Education and...

Kansas City Firm to Re-Open Mead Ethanol Plant

Spectrum Business Ventures of Kansas City aims to bring a closed ethanol plant near Mead out of mothball status in the next few months.   The former E3 Biofuels plant attracted widespread attention in 2006 as the previous management tried to pull together a project they described...

Spectrum Business Ventures Announces Acquisition of SelectQuote Insurance

SelectQuote is a leading direct-to-consumer term life insurance broker providing consumers with comparison shopping across the insurance industry. SelectQuote writes more than 70,000 term life policies each year.   SBV’s CEO, Amit Raizada, invested alongside Haakon Capital, the family investment vehicle of the Grant family whose prior...

Spectrum Business Ventures Buys Ethanol Plant in Nebraska

Kansas City-based Spectrum Business Ventures Inc. has bought a Mead, Neb., ethanol plant and plans to reopen the shuttered facility next year.   The firm said in a Monday release that it acquired the assets of E3 BioFuels — Mead LLC out of bankruptcy. Financial terms of...

Kansas Company Closes on Idle Mead Ethanol Plant

Spectrum Business Ventures Inc. of Kansas City, Mo., and affiliates said they have closed on the purchase of assets from the Chapter 11 bankruptcy of E3 BioFuels — Mead and intend to reopen the innovative but star-crossed ethanol plant next year.   The plant was the first...

Sale of Mead’s E3 Biofuels Plant About to Close

They called it Genesis, in the beginning, and it was to be the start of something unique and groundbreaking in the energy industry.   The idea was to convert manure from a feedlot of about 30,000 cattle near Mead into methane and to use the gas as...

iLight Technologies offers buy American compliant LED lighting products

iLight Technologies, Inc. is a pioneer and leader in innovative LED illumination solutions that transform, excite, and energize corporate identities and architectural environments worldwide. LEDs are the fastest growing segment of the light industry today, and in five to ten years promise to bring the...