Friday, October 23, 2009

Wyndham Hotel Group Appoints Hong Kong-based Global Sales Executive


PARSIPPANY, N.J. – Wyndham Hotel Group, the world’s largest hotel company with more than 7,000 hotels and 11 brands, today announced the appointment of Kitty Huang  (top right photo) as vice president of global sales for the Asia Pacific (APAC) region.

Based in Hong Kong, Huang will be responsible for leading and developing the company’s APAC sales team, executing against Wyndham Hotel Group’s sales strategy and maximizing participation of franchisees in global sales programs.

Prior to joining Wyndham Hotel Group, Huang spent more than a decade in senior corporate and property level sales and marketing roles with InterContinental Hotels Group. Most recently she was area director of sales and marketing, providing guidance to property level sales and marketing teams while driving increased hotel performance and delivering against regional sales objectives.

“Kitty has a successful track record of developing and executing strong sales programs that stimulate demand and increase revenue growth,” said Ross Hosking, Wyndham Hotel Group executive vice president of global sales. “She is well-known and respected and exactly the kind of representative we need as we continue to expand our efforts throughout the APAC region.”

CONTACT: Christine Da Silva, 973-753-6590, christine.dasilva@wyndhamworldwide.com

NAI Realvest negotiates expansion and renewal lease totaling 12,310 SF of industrial space in Orlando

ORLANDO, Fla. --- NAI Realvest recently negotiated a renewal and expansion lease totaling 12,310 square feet of industrial space at the industrial facility located at 8350 Parkline Blvd. in Orlando.

Michael Heidrich, (top left photo) a principal in the firm, negotiated the agreement on behalf of the landlord, Parkline Properties, LLC of Columbus, Ohio.

The tenant, Orlando-based National Certified Testing Laboratories, Inc. currently occupying units 12 and 13 with 8,150 square feet expanded into adjacent unit 11 with an additional 4,160 square feet and extended its entire lease to 63 months.

William Bradford of Southern Commercial Real Estate Advisors represented the tenant.

For more information, contact:
Michael Heidrich, Principal, NAI Realvest 407-875-9989 mheidrich@realvest.com
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

Al Sarabasa Jr. Named to Central Florida Zoo Board of Directors


LONGWOOD, FL—Al Sarabasa, Jr. (top right photo) has been named to the board of directors of the Central Florida Zoo.

 Sarabasa is founder and president/CEO of D & A Building Services Inc., a maintenance company headquartered in Longwood, Fla. He is a past president of the Latin Chamber of Commerce, past board member of the Hispanic Chamber of Commerce and past board member of the Building Owners & Managers Association.

Sarabasa has a Bachelor of Arts in Business Administration from the University of Central Florida.

Contact: Elaine Ingra, PR WORKS!, PH: 407 384-1344, elainei@pr-works.com, http://www.pr-works.com/

Steve Conenna promoted at Palmer Electric Co.


WINTER PARK, FL— Palmer Electric Co. is pleased to announce the promotion of Steve Conenna (top right photo)  to Operations Manager Commercial Division.

Conenna has been employed by the Winter Park-based electrical services company since 2004 as a senior project manager.

In his new management roll, Conenna is responsible for overseeing all project managers and superintendents, pre-fabrication and production procedures including pre-construction planning. He has 15 years of experience in commercial construction.

Conenna has an Associate of Science in Drafting and Design from Valencia Community College, and completed a four-year electrical apprenticeship program.


Palmer Electric Company is a provider of electrical contracting for commercial, institutional and residential customers. Additionally, the Company provides service to utilities, businesses and consumers. Founded in 1951, the Company is headquartered in Winter Park, Fla., and has residential division offices in Lakeland and Jacksonville, Fla. The Company employs a staff of 350. For additional information, visit http://www.palmer-electric.com.

Contact: Elaine Ingra, PR WORKS!, PH: 407 384-1344, elainei@pr-works.com, http://www.pr-works.com/

Arbor Closes $2.7M Fannie Mae DUS® Small Loan for Acadia Place Apartments in San Antonio, TX


UNIONDALE,  NY (Oct. 23, 2009) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $2,712,400 loan under the Fannie Mae DUS® Small Loan product line to refinance the 140-unit complex known as Acadia Place Apartments in San Antonio, TX.

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.11 percent.

The loan was originated by Jay Porterfield, (top right photo) Vice President, in Arbor’s full-service Plano, TX lending office. “Arbor provided acquisition financing for this property in San Antonio,” said Porterfield. “The borrower owns other properties in the area and Acadia Place was a strategic fit within their portfolio.”


Anthony Tarter Appointed Director in Arbor’s Dallas, TX Office



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, has announced the appointment of Anthony Tarter to Director in Arbor’s Dallas, TX office. Mr. Tarter is responsible for originating Fannie Mae and FHA transactions nationwide. He reports to Ken Fazio, Vice President, National Sales Manager.

Contact:  Ingrid Principe, iprincipe@arbor.com, P: 516.506.4298, F: 516.542.2555, http://www.arbor.com/, Follow us on Twitter @ arbor1