Friday, September 18, 2009

Huntington Beach Union High School District Auditorium Renovation and Classroom Addition Embraces the Old and New

HUNTINGTON BEACH, CA– McCarthy Building Companies, Inc ( of Newport Beach, Calif. announces the completion of restoration work on the 83-year-old Huntington Beach Union High School District (HBUHSD) Darrel Stillwagon auditorium (middle left photo)  and bell tower (top right photo)  and a new performing arts classroom addition.

Located at the Huntington Beach High School (HBHS) campus on Main Street and Yorktown Avenue in Huntington Beach, the auditorium was one of the first buildings constructed on the campus in 1926, and the school was the first permanent high school in the school district.

The auditorium facility will formally reopen to the public during a celebration on Sunday, October 18, 2009. The event coincides with the school district’s Academy for the Performing Arts’ ( ) debut of a musical about the Titanic.

The $9.6 million HBUHSD performing arts project was funded through the $238 million Measure C modernization and expansion program encompassing school facility improvements at six high schools in the district.

McCarthy served as construction manager for the project which entailed construction of a new 9,200-square-foot performing arts classroom building and courtyard as well as extensive renovations of a 27,000 square-foot, 600-seat performing arts auditorium and bell tower. The project also included renovation of outdoor walkways and an outdoor amphitheater on the auditorium’s south side.

The auditorium and bell tower are listed with the County of Orange as Historic Site #36. Designed in the Lombard Romanesque Revival Style, the facility’s original architect was Allison and Allison of Santa Ana.

McCarthy Building Companies, Inc. is the nation’s 10th largest domestic general contractor (Engineering News-Record, May 2009) and among the 5th largest education builders (Engineering News-Record, October 2008). The firm has been building in the education market for the last 50 years.

 Laura Mickelson , (LM Communications), (949) 453-0851; (949) 453-8420 fax   Follow me on Twitter: @lauramickelson

Susan Garritano,  (McCarthy Building Companies, Inc.), (314) 968-3300

Arbor Enhances its Successful Small Loan Program by Reducing Processing Fees and Streamlining Fannie Mae DUS® Small Loans Applications

UNIONDALE, NY – Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, and leader in the commercial real estate finance industry, announced it is reducing the initial processing fee for Fannie Mae DUS® Small Loans from $7,500 to $4,500. This is effective immediately and applies to all new small loans going forward as of today that are not in processing yet.

Arbor’s enhanced program will also offer a streamlined application. As always, the Fannie Mae DUS® Small Loans Program features:

Up to 80% LTV

$1 - $3 million, up to $5 million in certain markets

Supplemental loans available during loan term and upon acquisition

“These enhancements show Arbor’s dedication to the Small Loan Program and our understanding of our clients’ needs in this current lending environment,” said John Caulfield,  (top right photo) Executive Vice President. “As one of Fannie Mae’s largest DUS® lenders to offer the small loan product, we have seen competitors come and go, but we are here and committed to the program for the long term.”

This announcement comes on the heels of an already banner year for Arbor. For the second consecutive year, Arbor was named a Top Ten Fannie Mae DUS® lender. In the first quarter, the Company also created a west coast branch of operations to service its clients in that expanding market.

Contact:  Ingrid Principe, P: 516.506.4298, F: 516.542.2555,  Follow us on Twitter @ arbor1

Senior Marketing Executive to Lead Wyndham Rewards Loyalty Program

PARSIPPANY, N.J. (Sept. 17, 2009) – Wyndham Hotel Group has appointed Robin Korman to oversee Wyndham Rewards®, the world’s largest lodging loyalty program with more than 6,000 participating hotels in over 20 countries.

As the senior vice president of loyalty marketing and strategic partnerships, Korman will be responsible for the development and management of the company’s loyalty program, customer loyalty initiatives, all direct-marketing programs and internal and external strategic marketing alliances.

“Robin is an accomplished marketing executive with a wealth of experience in the loyalty arena,” said Flo Lugli, (top right photo) Wyndham Hotel Group’s executive vice president of marketing. “Her proven track record for driving multi-million dollar revenue growth will serve Wyndham Hotel Group well.”

CONTACT: Rob Myers, 973-753-6590,