Sunday, September 24, 2017

Arbor Appoints Sam Gold as Vice President in Chicago Office


 
Sam Gold
 UNIONDALE, NY -- Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets, is pleased to announce that Sam Gold has joined Arbor as Vice President, Originations.

Mr. Gold will focus on originating Freddie Mac SBL, Fannie Mae and FHA loans in the Midwest, Dallas, Chicago and Milwaukee regions. He will be located in Arbor’s Chicago office and reports directly to John Caulfield, Arbor’s Chief Operating Officer, Agency Lending.

With more than 15 years of industry experience, Mr. Gold has expertise in a number of areas involving multifamily transactions, including originations, risk, credit, underwriting and portfolio review.

“Sam joins Arbor with a successful track record of originating agency products and brings broad industry knowledge, from credit to asset management to securitization to portfolio management,” said Mr. Caulfield. “Sam has had particular success with Freddie Mac SBL and will provide Arbor with a great opportunity to expand its presence and market share and we look forward to having him as part of our successful and growing company.”

For the past seven years, Mr. Gold was employed by JPMorgan Chase out of Chicago, first as a Vice President and Senior Underwriter, and later as an Executive Director and Client Manager.

John Caulfield
 During his tenure at Chase, he won several awards for his performance, and was ranked #1 in his region for new originations, and for three years in a row, #1 for production and performance. 

Prior to Chase, he was at Sovereign Bank/Banco Santander for nearly five years. Earlier in his career, he served as a senior commercial valuation and advisory consultant at Urban Real Estate Research, Inc. in Chicago. 

“I greatly look forward to joining Arbor and bringing in new business to the Midwest and Dallas,” Mr. Gold said. “Arbor’s commitment to building long-term relationships and providing customized end-to-end loan solutions is unmatched in the lending industry and I am excited to be part of the Company!”


Mr. Gold holds a Master of Business Administration from DePaul University and a Bachelor of Science in Management Information Systems from Miami University.

For more information on this press release, please contact:

Arbor Realty Trust, Inc. 
Bonnie Habyan
333 Earle Ovington Blvd, Suite 900
 Tel: 516.506.4615
Uniondale, NY 11553                                                                       bhabyan@arbor.com
800.ARBOR.10

Gerald Radtke Joins Berger Commercial Realty as Senior Property Manager in Fort Lauderdale, FL

  
 
Gerald Radtke
 FORT LAUDERDALE, FL  Gerald Radtke has joined Berger Commercial Realty/CORFAC International as Senior Property Manager. With more than 27 years of experience in real estate management, leasing and construction management, Radtke will help oversee the Berger Commercial Realty’s 7 million square-foot property management portfolio.

Prior to joining Berger Commercial Realty, Radtke served for four years as property manager at Liberty Property Trust, where he was responsible for the management of two industrial park associations and 17 properties totaling 910,000 square-feet.

Over the course of his career, Radtke has managed operational functions and financial reporting for major shopping centers and mixed-use retail complexes including high-profile properties such as CocoWalk in Coconut Gove and Beach Place in Fort Lauderdale, where he oversaw a $1.3 million renovation project at Beach Place.


Lloyd Berger
“Jerry’s financial background and diverse analytical capabilities will contribute to our efficient and effective management of various types of commercial real estate and will support our focus on controlling costs and maximizing income for our clients,” said Berger Commercial Realty President Lloyd Berger.

A Florida-licensed realtor, Radtke received his bachelor’s degree from Governors State University in 1992.

For more information on this press release, please contact:

954-776-1999
Pierson Grant Public Relations
Lexi Robinson, ext. 255, lrobinson@piersongrant.com

Marielle Sologuren, ext. 226, msologuren@piersongrant.com

Saturday, September 23, 2017

Amy Mierzwinski Receives Third Annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting



Amy Mierzwinski (left) Receives Lori Raleigh Award from Kristie Dickinson,
  ISHC award committee chair and executive vice president of CHMWarnick.

 BANGKOK, Thailand -- The International Society of Hospitality Consultants (ISHC) today announced Amy Mierzwinski, MSc CHDM, as the recipient of the third annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. Mierzwinski was honored at the ISHC annual conference, held this year in Bangkok, Thailand.

 The guest of honor received a complimentary registration and travel allowance to attend the three-day event, including access to global hospitality experts featured throughout the conference program and exclusive ISHC member networking events.

Mierzinski also was awarded a complimentary one-year Associate Membership to the ISHC to further professional relationships and continue experiencing all that the Society has to offer through events and interacting with top hospitality industry consultants from around the globe. 

Kristie Dickinson

 “Amy’s many accomplishments, achieved within her own career and on behalf of the clients she represents, are a testament to her deep knowledge of hospitality marketing strategies, leadership, professionalism, creativity and continual pursuit of growth,” said Kristie Dickinson, ISHC award committee chair and executive vice president of CHMWarnick.

“Amy has risen as a leader and trusted advisor within her own firm and throughout the industry, receiving many awards and accolades for her work.  She is actively engaged in a number of organizations, including HSMAI. Amy is a hospitality professional deserving of this recognition, and we are confident that this award will inspire and support her continued journey towards becoming a top industry leader, for which she is well on her way.”

Mierzwinski currently is a director at Horwath HTL, a global leader in hotel, tourism and leisure consulting, where she is responsible for branding, sales and marketing and revenue management consultancy. 

The award is named in honor of Lori Raleigh, who is well known as an advocate for continuing education in hospitality consulting and for supporting young talent with creative and passionate leadership. Raleigh is the founder of The Travers Group and served as the executive director of the ISHC from 2000 to 2013. She also contributed to two important industry texts, co-authoring Hotel Investments: Issues & Perspectives and serving as co-editor and contributing author of Hotel Asset Management: Principles and Practices.


Lori Raleigh
Additionally, she oversees Horwath HTL’s client service team in New York and Florida.  Prior to joining Horwath HTL, Mierzwinski held key positions with The Lacek Group, a specialty agency of Ogilvy & Mather based in Manhattan, where she managed a number of hospitality accounts, including the former Starwood, Denihan Hospitality Group and Anson-Stoner.

 Mierzwinski holds a Master of Science degree in Hospitality and Tourism Management from the Rosen School of Hospitality Management at the University of Central Florida and a Bachelor of Arts in Communications from Florida State University, as well as a Certified Hospitality Digital Marketing professional designation from the Hospitality Sales and Marketing Association International (HSMAI). She currently serves on HSMAI’s Digital Marketing Council.

"The International Society of Hospitality Consultants represents the best of the best in consulting, and becoming a member has been a long-term aspiration of mine,” Mierzwinski noted. “To be recognized with the Lori Raleigh Award for Emerging Excellence gives me a great opportunity, not only to further my career aspirations, but to build long-lasting relationships.

“Over the course of my decade in hospitality, I have seen the industry go through numerous changes in technology, the competitive landscape and, particularly in my field of marketing, with the importance of digital strategy.

“The one thing that hasn’t changed is the significance and value of the relationships I’ve made with fellow industry professionals. I look forward to my future involvement in ISHC and hope to set an example for other young hospitality consultants.”


For more information on this press release, please contact:

CHRIS DALY
PRESIDENT
DALY GRAY PUBLIC RELATIONS, INC.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553

or

Lauren Marshall, Senior Manager of Marketing & Membership Services
Phone: 678-735-9453


Construction Begins on Two Bellamy Student Housing Communities in South Carolina and Alabama


Rendering of Planned Bellamy Coastal Student Housing Facility, Conway, SC

Atlanta, GA – Construction is underway on two luxury student housing communities offering resort-style living. Mallory & Evans Development is building these additions to its Bellamy brand with a combined value of $56 million:

* Bellamy Coastal, a $32 million 480-bed community adjacent to Coastal Carolina University in Conway, South Carolina
* Bellamy Florence, a $24 million 420-bed community near the University of North Alabama in Florence, Alabama

Rendering of Planned Bellamy Florence Student Housing Facility, Florence, AL

Caliber Living, a subsidiary of Mallory & Evans, will lease and manage both communities.

“We’ve been building private student housing since 2006, and every community improves on the previous ones,” said Mallory & Evans Principal Brantley Basinger. “These new Bellamy communities will offer private off-campus student living as never experienced in these markets.”

Both gated communities will have fully-furnished apartments with private bedrooms and baths, 60” flatscreen TVs, study areas, community-wide WiFi and onsite management and maintenance. Luxury amenities include a pool, sundeck, 24-hour fitness center, covered outdoor patios with TVs, washer/dryers, tanning beds, a clubhouse, fire pits and grills. They also offer access to greenspace and trails.

Brantley Basinger
The latest smart-home technology includes security systems, locks and thermostats that can be accessed through mobile apps. Amazon Alexa, the voice-activated Internet access, will let residents place orders online, and get important information from management quickly.

Bellamy Coastal is right next to the CCU campus, while Bellamy Florence will connect to the University of North Alabama student transportation system. Parking will include one space per resident, plus visitors spaces. The communities will also have sidewalks and bicycle storage.

Initial construction started in August. A formal groundbreaking for Bellamy Florence is set for Sept. 20. Completion is expected before fall semester of next year.

For information about rents, leasing, etc., visit the Bellamy Coastal at www.BellamyCoastal.com and Bellamy Florence at  www.BellamyFlorence.com and sign up.

For more information on this press release, please contact:

Terri Thornton
Partner, Thornton Communications
Phone: 404-932-4347


29th Street Capital Expands to Southern California; Richard Marshall to Source Multifamily Deals


 
Richard Marshall
San Diego, CA – Richard Marshall has joined 29th Street Capital as Acquisition Director for Southern California. Marshall is responsible for all facets of the privately-held real estate investment and advisory firm’s activity in the Southern California market, and will lead all multifamily acquisitions and asset management strategies there.

Marshall has over 14 years of real estate investment, development and asset management experience across a variety of asset types, including multifamily. Prior to joining 29th Street Capital, Marshall was an Asset Manager with Sabal Financial Group working with distressed debt and distressed real estate.

In this role, he was responsible for all loan resolutions including: discounted pay-offs, loan restructuring, deed-in-lieu of foreclosure, foreclosure and litigation. Additionally, he was fully responsible for re-positioning, leasing, renovations and dispositions of all assets in his portfolio.

“Richard brings a tremendous amount of experience to 29SC and a strong knowledge of multifamily fundamentals throughout Southern California,” said 29th Street Capital Managing Director Robert Bollhoffer. “He has a remarkable entrepreneurial mentality and we look forward to supporting Richard as we expand into this region.”


Before joining Sabal, Marshall was part of Archstone Apartments highly-competitive post-MBA Management Development Program. In addition to working directly with on-site personnel, Marshall assisted with acquisitions and dispositions in Southern California as well as tax compliance in New York City.

Robert Bollhoffer
While working with a Receiver, Marshall oversaw a collection of apartment buildings in Santa Monica, California and was responsible for repositioning the properties. Prior to that, Marshall was Director of Real Estate acquisitions for Hanford Hotels, focusing on land acquisitions for hotel development.

“I am excited to join the 29th Street Capital team and begin to focus on multifamily acquisitions,” Marshall stated. “I believe there is great opportunity throughout Southern California and I believe a local presence will prove beneficial.”

In addition to sourcing and completing acquisitions, his responsibilities involve end-to-end oversight of projects including the selection of third-party management, supervising all capital projects, marketing/design and eventual disposition.

Marshall obtained a Master’s degree in Business Administration with a concentration in Business Leadership from the University of Notre Dame. He also completed his Master of Science in Real Estate from the University of San Diego. He obtained his Bachelor’s degree from California State University at Fullerton.

For more information on this press release, please contact:

Terri Thornton
Partner, Thornton Communications
Phone: 404-932-4347



Charles Dunn Company's Bank Property Group Completes $5.05 Million Sale of a U.S. Bank-Anchored Retail Property in Lynwood, CA


Kyle Gulock
LOS ANGELES, CA - Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $5.05 million sale of a fully occupied, 9,375-square-foot two-tenant retail property anchored by U.S. Bank in Lynwood, Calif.

Kyle Gulock and Matt Kramer of Charles Dunn Company's Bank Property Group represented the seller, a private investor from Los Angeles. The buyer, a private international investor, was represented by Industry Partners. The transaction closed at a capitalization rate of 5.75 percent and a strong price of $538 per square foot.

"With more than one million people within a square mile of this asset, our Bank Property Group focused on the strong tenancy, as well as the property's intrinsic value being that it is situated within a path of progress," said Gulock.

The property had been on the market several times with other brokerage firms, however, Bank Property Group took a specialized approach to communicate the strength of the tenant at this location to the buyer.

"We have a depth of contacts and resources within the bank property niche and were able to tap into potential investors on a national and international basis," commented Gulock.

Matt Kramer
 "We also set up a meeting with the eventual buyer and the bank manager who was able to clearly communicate the strength of this particular branch and how it serves the local community on a day-to-day basis."

Located at 3645 E. Imperial Highway, the property is situated on a .63-acre parcel and is highly visible to more than 31,800 daily vehicles on one of the region's most well-travelled roadways.

 In addition to being occupied by U.S. Bank, one of the nation's largest financial institutions, the second tenant is union store front office, SEIU Local 99.

For more information on this press release, please contact:

Darcie Giacchetto
D.G. Communications, Inc.
949.278.6224

Friday, September 22, 2017

American Realty Advisors Expands Sales and Investor Relations Team; Adds New Senior Vice President/Client Portfolio Manager

  
James Mitchell
 LOS ANGELES, CA – American Realty Advisors (“ARA”) has announced the expansion of its sales and investor relations team with the addition of James Mitchell as its new Senior Vice-President/Client Portfolio Manager. Mr. Mitchell will be based in ARA’s Chicago office.

In this role, Mr. Mitchell will be responsible for leading the firm’s sales and client service efforts nationwide for ARA’s Taft-Hartley relationships through the firm’s commingled funds and separate accounts.

Mr. Mitchell brings to ARA nearly 30 years of experience working with jointly-trusteed funds nationwide.  Most recently, he was National Director of Asset Management Relationship Development for BMO Asset Management, focusing on customized asset management, trust and custody, and banking needs of the labor community.

 Prior to joining BMO, Jim worked at Northern Trust as a National Director of the Taft-Hartley Investment Client Solutions Group.  Previously, he also served as Executive Director of the Inter-Local Pension Fund/Graphic Communication Conference of the International Brotherhood of Teamsters, the Automobile Mechanics Local 701 as the Controller, and at Thomas Harvey, LLP. 

Jay Butterfield
Jay Butterfield, ARA’s Executive Managing Director and Head of Business Development, commented, “We are thrilled to have Jimmy join our professional team and to add his considerable skills and experience to continue ARA’s long-standing commitment to serve the Taft-Hartley community. 

"We are dedicated to helping plan sponsors meet their obligations in securing the future for their plan participants and beneficiaries, and Jimmy will be a strong addition to accomplish these goals.”

Mr. Mitchell graduated from Dominican University with a degree in Business Administration and Accounting.  He is a member of the International Foundation of Employee Benefit Plans, Illinois CPA Society, American Institute of Certified Public Accountants, and Purple Hearts Foundation.

 For more information on this press release, please contact:

Miki Akil / Lexi Astfalk for American Realty Advisors
Brower, Miller & Cole

EagleBridge Capital Arranges $9 Million Mortgage for Boston Verizon Facility


Verizon Facility, 173 Boston Street, Boston, MA

Ted M. Sidel
Boston, MA --  EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $9,000,000 for the Verizon facility located at 173 Boston Street, Boston, Massachusetts. 

The mortgage financing was arranged by EagleBridge principals Ted. M. Sidel and Brian D. Sheehan who stated that the loan was provided by a leading financial institution.

The facility is net leased to Verizon New England which has been a tenant at 173 Boston Street for more than 45 years.  The complex serves as an important hub for Verizon within the City of Boston. Its location offers convenient road access to the City’s neighborhoods and downtown area.

Brian D. Sheehan
Verizon occupies a mix of office and service space including a carport and a warehouse/service building with multiple drive-in doors.  

The buildings total 57,600 square feet including 20,000 square feet of office space.  The 3.88 acre secure site offers ample parking for Verizon’s fleet of service vans and cherry pickers used to service, repair, and install telephone and internet service throughout the City of Boston.

 EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging  debt and equity financing as well as joint ventures for industrial, office, and r & d buildings,  shopping centers, apartments, hotels, condominiums and mixed use properties as well as special purpose buildings.

 For more information on this press release, please contact:

Ted Sidel
(617) 292 7177
Ext 100

Or

Stanley J. Sidel
Senior Advisor
EagleBridge Capital
33 Broad Street
Boston, MA 02109
Tel: 617-292-7177 Ext. 300

Thursday, September 21, 2017

HFF hires Michael Roberts as a senior director focused on industrial sales in Southern California and the West Coast


Michael Roberts
 LOS ANGELES, CA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has hired Michael Roberts as a senior director in its Los Angeles office.  Mr. Roberts will work alongside HFF’s Andrew Briner and Scott Pertel concentrating on industrial investment sale transactions throughout Southern California and the West Coast.

Mr. Roberts joins HFF from Colliers International where he was a managing director and member of their Investor Services Group and responsible for office and R&D investment sales in the Western United States.

 Prior to that, he was a director at Cushman and Wakefield, where he co-led the office and industrial sales platform for the San Diego region.  Mr. Roberts is an active member of Urban Land Institute and holds a Bachelor of Arts from the University of California, San Diego. 

“We are excited to have Michael join our growing team, and look forward to the value he can add as part of the HFF platform,” said Kevin MacKenzie, senior managing director and co-head of HFF for the West Coast. 

Kevin MacKenzie
“We continue to experience insatiable demand in the investment sales, debt and equity space for industrial product, with Southern California leading the way as a top market in the country.  In order to meet demand and best serve our clients, we are focused on building out our team with best in class industrial-focused professionals in Southern California led by Andrew Briner who joined us in May of this year.”

Holliday Fenoglio Fowler, L.P., acting by and through Holliday GP Corp., a real estate broker licensed with the California Department of Real Estate, License Number 01385740.

For more information about this press release, please contact:

Kristen M. Murphy
Director, Public Relations
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

Marcus & Millichap Arranges Sale of 53,425-square foot Self-Storage Facility in Stockton, CA


Michael A. Mele

 STOCKTON, CA – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Stockton Self Storage, a 53,425-square foot self-storage facility located in Stockton, CA, according to Ari Ravi, regional manager of the firm’s Tampa office.

Devin Beasley, investment specialist in Marcus & Millichap's Phoenix office, Luke Elliott, first vice president investments in Marcus & Millichap's Tampa office, Michael A. Mele, senior managing director, also in the Tampa office, and Daniel Kuchugurny, investment specialist in Marcus & Millichap's Sacramento office, had the exclusive listing to market the property on behalf of the seller, a private investor.

The buyer, an out-of-state private investor, was secured and also represented by Elliott, Beasley, Mele and Kuchugurny. James Markel, Broker, assisted in closing this transaction.

“Bidding was very competitive from a variety of capital groups, offers coming in from California, the East Coast and Southwestern United States. Ultimately the out of state buyer obtained a very solid asset,” says Elliott.

Luke Elliott
Stockton Self Storage is located at 1880 West Charter Way, this thoroughfare is also known as State Route 4. Situated on 6.60 acres, this institutional-quality facility makes up 53,425 rentable square feet among 409 non-climate controlled units and 225 covered boat/RV parking spaces for a total of 634 units. 

“The commitment of the buyer and seller to The Mele Group's process resulted in a smooth and efficient transfer of a high-quality asset which left both parties very pleased at the closing,” adds Beasley.

For more information about this press release, please contact:

Ari Ravi
Regional Manager, Tampa

(813) 387-4700