Press Releases

Devall Announces launch of subsidiary, Devall Capital Funding
ATLANTA--(BUSINESS WIRE)--Julyl 7, 2009 - Devall has completed the formation and launch of subsidiary Devall Capital Funding (www.devallcapitalfunding.net). This strategic expansion will provide businesses with several loan options as well as affordable lending programs in commercial real estate, SBA loans, accounts receivable, business expansion, and acquisitions, start-up lending needs and more. William Mikula manages Devall Capital Funding with close support from Robert Groover (CEO of Devall) and the Devall corporate executive team. The Devall subsidiary is currently building a national sales team that will have the support of Devall corporate marketing department.

"We are fortunate to be able to help facilitate the growth and stability of American businesses. This is a timely expansion for Devall, as there will always be a need to help entrepreneurs and corporations fund their efforts so that they can thrive in the marketplace," says Robert Groover.

Devall is a Better Business Bureau accredited business with an A-plus rating.

www.devall.net
www.devallcapitalfunding.net
Certain statements in this press release, including statements regarding the anticipated development and expansion of Devall`s business, and the intent, belief or current expectations Devall, its directors or its officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, and Devall’s performance.

Devall Announces Managing Director, Finance
ATLANTA--(BUSINESS WIRE)--April 8, 2009 - Devall, a growing presence in the real estate industry, today announced the hire of Ivan Howard as Managing Director of Finance. In his role at Devall, Mr. Howard will structure a variety of fund raising efforts. He will report directly to the CEO, Robert Groover, and serve as a member of the core executive management team. Mr. Howard will be responsible for the drafting of finance activities, contributing to the company's further growth and will be a key factor in raising capital and managing the company’s investment funds.

Mr. Howard brings over 15 years of Institutional and Corporate Client relationship management experience and a strong background in a number of complex securities transactions. He will be travelling extensively, promoting the company’s programs and vision.

"Despite the unprecedented challenges in the financial markets, Devall’s unique strategy and approach perfectly position the company to take advantage of investment opportunities in Real Estate. I am very excited to have the opportunity to bring these investments to market," says Mr. Howard.

Prior to joining Devall, Mr. Howard was a Director of Global Markets and Investment Banking with Merrill Lynch in San Francisco, CA. In this role, he led a wide range of programs involving distribution of equity and equity-linked securities to hedge funds, and the management of institutional relationships generating over $25 Million in annual production. Ivan holds a Master’s degree in Engineering from the University of Florida and an MBA from Mercer University.

Devall Announces New Chief Operating Officer
ATLANTA--(BUSINESS WIRE)--Devall (Devall Development Group, LLC), a growing presence in the real estate industry, has hired Shawn Hollenkamp as COO. Hollenkamp will report directly to CEO, Robert Groover, serve on the Executive Staff Core Management Team, and also will be serving on the Board of Directors.

Hollenkamp brings over 17 years of operational and financial management experience in a variety of industries, and will help Devall manage, develop and expand the business.

"2009 is shaping up to be a very exciting year at Devall. While other companies are looking to hold on, Devall’s management has positioned the organization to take advantage of the current economic times. I am thrilled to be joining the current management team and have the opportunity to help shape and guide the vision of the founder and CEO, Mr. Groover."

Hollenkamp served at Merrill Lynch as an advisor, Wells Fargo as VP of Institutional Sales and Marketing and Wachovia as SVP of Institutional Sales and Marketing. During this time he was instrumental in assisting mid-size to fortune 500 companies access the market using various debt and equity structures to help them meet both current and future needs.

Devall is a diversified operation specializing in real estate asset management, investment, real estate development, and venture capital services. Currently, Devall is involved in three segments of the industry - Development and Construction, Capital Funding and Real Estate Services. Plans in the near future include expansion into Green Technologies. Devall pursues residential, multifamily and commercial properties and is committed to a higher standard in the use of all resources. Using a transparent approach in all business practices, Devall’s primary function is to serve the real estate industry in building lasting success, while preserving the environment.

Announcing Devall – Serving the Real Estate Industry.
Business Wire Atlanta, GA - 8:00AM July 4, 2008, Devall has been established to bring a full service Real Estate firm to the market. The announcement was made today by Devall founder and CEO Robert H. Groover and marks the culmination of years of successful entrepreneurship in the real estate business. The official corporate web site is www.devall.net

Devall is comprised of two divisions, Devall Development Group and Devall Capital Funding. Both divisions specialize in residential, multi-family and commercial properties. Devall Development Group is the primary holding company for properties that Devall as a company is involved with. The Development Group handles project management for large developments, construction services and represents property owners to determine a best use for property through to implementation of a construction plan. Devall Development Group also works with investors and buyers to locate suitable properties for their specific needs. Devall Capital Funding offers private lending for investment properties.

Devall also offers Investment programs based in real estate ventures for those seeking to add stability to their portfolio or make investments in real estate in the form of REIT’s (Real Estate Investment Trusts), time and term investments, income producing investments, alternatives to annuities, alternatives to cd’s and more.

“The name I've chosen for the company reflects our commitment to a force of good in this industry,” explained Mr. Groover “Develop it all, sure but do so ethically and responsibly. If we are building a neighborhood we should be building a neighborhood that will be desirable in 100 years. We should be practicing our trade responsibly as good stewards of the land. It’s not all about razing the earth and propping up buildings.”