Tuesday, August 23, 2011
CEO Nexus Forum at Rollins College to take behind the scenes tour of $200 million sale of Orlando-based ZeroChaos
Steve Quello (top right photo), president of CEO Nexus, the firm that works with public and private organizations to help accelerate the growth of second stage businesses, said the principal speaker for the 90-minute forum is Frantz E. Alphonse, co-founder and managing partner of AP Capital Partners, a leading middle-market equity firm.
The topic? A behind the scenes look at the $200 million sale of Orlando-based ZeroChaos, a full-service provider contingent workforce solutions.
“The ZeroChaos story is one dozens of Florida enterprises would love to emulate,” Quello explained.
“They rose from the idea stage 10 years ago to grow into a global workforce solutions provider with operations in more than 14 countries and a $200 million price tag,” Quello said.
The CEO Nexus Forum is scheduled from 6 to 7:30 p.m. For information, to qualify and register for the CEO Nexus forum or learn more about CEO Nexus, contact Quello at info@CEONexus.com or 407-590-6101.
Steve Quello, President, CEO Nexus 407-590-6101, email@example.com;
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142, firstname.lastname@example.org
Additional information is available at www.GrowFL.com.
LAKE MARY, FL. --- Incentive Properties, LLP has launched a property management division.
Joseph Schwartz (top right photo), principal and broker at Incentive Properties, LLP, said the firm serves real estate investors seeking higher returns than available from savings accounts and certificates of deposit.
“We serve many clients who are acquiring multiple residential properties priced in the $20,000 to $30,000 per unit range in the Central Florida area and they are seeing returns ranging from 15 to 22 percent,” Schwartz said.
“The only way to make those returns sustainable is to actively manage the properties, and so we have a lot of new clients requesting these services,” Schwartz explained.
“We are also constantly searching the marketplace for acquisition opportunities to present to our clients,” he added
For more information, contact:
Joseph Schwartz, Owner/Broker, Incentive Properties, LLP 407-279-1876 email@example.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 firstname.lastname@example.org
For more information about the Courtyard by Marriott Los Angeles LAX/Century Boulevard, please visit the hotel’s website at www.marriott.com/laxcy.
Contact: Kim Chieppa, Director of Sales, Courtyard by Marriott Los Angeles LAX/Century Boulevard, 310-981-2360, Kim.email@example.com
Posted by Alex at 2:16 PM
BANGKOK, THAILAND (Aug. 23, 2011) - (top left photo) today announced its partnership with popular radio station Get 102.5 Radio in Thailand, to bring three lucky contestant winners to Napa Valley, California to experience a once-in-a-lifetime concert event, "Aloft Live in the Vineyard”.
The public is invited to enter to win this contest from August 22 onwards, and they may be one of three lucky winners to get a chance to travel with DJ Andy Kempimook from Get 102.5 Radio from November 5 through 7, 2011!
Prizes of this exciting contest include roundtrip airfare from Bangkok to San Francisco, accommodations at The Westin Verasa Napa and a ticket to the three-day concert at Live in the Vineyard.
More information is available at
Hwee Peng Yeo
Director of Asian Markets
Glodow Nead Communications – Asia
Level 21, Centennial Tower
3 Temasek Avenue
Tel : 65 9768.6087
Landmark Center is a mixed-use complex located at the confluence of the Longwood Medical Area and Fenway neighborhood of Boston.
Currently, the property is 98% leased, with a blend of credit retail and office tenants. Major office tenants include Blue Cross Blue Shield of Massachusetts, Harvard School of Public Health, and Harvard Medical School.
The retail units are occupied by Bed Bath & Beyond, Best Buy, REI, Staples, and a 13-screen movie theatre. In addition to the current stabilized value, the property has the potential for an additional development of 337,000 square feet over the parking garage.
The building is located adjacent to Fenway Triangle Trilogy, a mixed-use residential and retail project developed by a joint venture with institutional investors advised by J.P. Morgan Asset Management and Samuels & Associates.
The Fenway neighborhood is being re-developed into a 24/7 mixed-use community offering a wide range of services, stores and restaurants to its residents.
The HFF team representing the borrowers was led by senior managing directors Bob Herron (top right photo) and Whitney Wilcox and director Greg LaBine (bottom left photo).
Robert M. Herron, HFF Senior Managing Director, (617) 338-0990
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,
The HFF team representing the Carpenter/BayNorth joint venture included senior managing director Riaz Cassum (lower right photo) and director Lauren O’Neil.
“The proposed development will completely transform the current site into a vibrant mixed-use development with a state-of-the-art hotel, restaurants and retail stores,” said Cassum. “South Shore Place is going to maximize the value of what has always been a terrific location for the proposed combination of uses.”
Riaz A. Cassum, HFF Senior Managing Director, (617) 338-0990
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,
HFF secures $6 million refinancing for multi-housing community near California State University in Northridge, CA
The HFF team representing the borrower, Hager Pacific Properties, was led by managing director Mark Wintner (lower right photo).
For more information about Hager Pacific Properties, please visit www.hagerpacific.com.
Mark Wintner, HFF Managing Director, (310) 407-2100, firstname.lastname@example.org
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500,
LAMAR, CO – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of the Best Western (top left photo), a 103-room hotel located in Lamar, Colorado, according to Bryn D. Merrey, Vice President/Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $865,000.
Jonathan S. Ruprai, a hospitality specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a financial institution. The buyer, a limited liability company was secured and represented by Ruprai.
Michael Hoffman (lower right photo), broker of record for Marcus & Millichap in Colorado, assisted in the transaction.
Built in 1975, the property is located at 1301 North Main Street. This 103-room interior/exterior corridor, full-service hotel is located in the heart of Lamar, Colorado. There are five offices located inside the hotel near the front entrance and currently, only one is rented.
Press Contact: Bryn D. Merrey, Vice President/Regional Manager, Tampa, (813) 387-4700
HAVANA (TALLAHASSEE MSA), FLA., Aug/ 23, 2011 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Green Acres Shopping Center, a 35,416-square foot grocery anchored shopping center located in Havana, Fla., according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office.
The sales price of $1,550,000 represents $44 per square foot.
Leon Brockmeier (top right photo) and Patrick O’Halloran, retail specialists in the firm’s Tampa and Atlanta offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company based out of Tallahassee, Florida.
Vice president investments Evan Halkias and Michael Marks in the Chicago Downtown office of Marcus & Millichap represented the Indiana-based buyer.
Green Acres Shopping Center was built in 1985 and is located in the heart of Havana at 801 North Main Street (US Highway 27). The town of Havana was incorporated in 1906 and used to be a major growing area for tobacco crops used in fine cigars. It is now known for its many historical landmarks, antique shops, art galleries and specialty shops.
“The shopping center is anchored by Harveys Supermarket and Family Dollar,” says Brockmeier.
“The center is the only grocer in the town of Havana, which is located about 20 minutes northwest of Tallahassee, Florida. Due to the stability of the two main tenants, we were able to obtain multiple offers very quickly and close with a proven buyer,” adds Brockmeier.
Press Contact: Bryn D. Merrey, Vice President/Regional Manager, Tampa,
“This acquisition was a good fit with Newcastle Partners’ aggressive strategy of acquiring quality, well-located assets in major California markets at substantial discount to replacement cost,” said Higgs.
“Corona Gateway benefits from an exceptional location for business on the 91 freeway and at the gateway to Corona and the Inland Empire,” said Higgs.
“We currently own more than 1.5 million square feet of industrial property in the region and this Class A office property that borders Orange County complements our growing portfolio there.”
Corona Gateway includes 53 individual suites ranging in size from 200 to 2,500 square feet. Newcastle Partners’ plan for the property is to work with Andrew T. White (middle right photo) of 360 Commercial Partners to aggressively market the property to smaller local tenants for immediate occupancy.
Situated in an ideal location on the Orange County/Inland Empire border, Corona Gateway has turnkey suites of all sizes ready for immediate occupancy. The building features impressive high-quality finishes and a dramatic central atrium. Other noteworthy building features include responsive on-site management, abundant surface parking, and high speed internet capabilities.
The location benefits of Corona Gateway include significant freeway frontage opportunity and building top signage available. The high-quality building is within walking distance to numerous amenities, and easy access to the 71, 55, and 241 Toll Road Freeways.
Visit Newcastle Partners at www.newcastlepartners.com.
Media Contact: Darcie Giacchetto, 949.278.6224, Spaulding Thompson & Associates
These loans include:
Carriage Hill East, East Lansing, MI (top left photo)– This 143-unit complex received $5,000,000 funded under the Fannie Mae DUS® Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.
Appletree Apartments, Sparta, MI (top right photo) – This 143-unit complex received $2,250,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.
Wood Mar Apartments, Lansing Township, MI (middle left photo) – This 86-unit complex received $1,760,000 funded under the Fannie Mae DUS® Loan product line. This 10-year loan amortizes on a 30-year schedule.
Colonial Square Cooperative, Ann Arbor MI (middle right photo)– This 427-unit complex received $1,750,000 funded under the Fannie Mae DUS® Market Rate Co-op product line. The 5-year loan amortizes on a 5-year schedule.
Tree Tops Apartments, Northville, MI (bottom left photo)– This 72-unit complex received $1,732,500 funded under the Fannie Mae DUS® Small Loan product line. The 10-year loan amortizes on a 30-year schedule.
Cloisters Apartments, Clawson, MI – This 49-unit complex received $1,595,000 funded under the Fannie Mae DUS® Standard Loan product line. The 10-year loan amortizes on a 30-year schedule.
Edgewood Court North, Birmingham, MI – This 30-unit complex received $1,127,500 funded under the Fannie Mae DUS® Standard Loan product line. The10-year loan amortizes on a 30-year schedule.
River Oaks Towne Houses Cooperative, Calumet City, IL – This 270-unit complex received $5,800,000 funded under the Fannie Mae DUS® Limited Equity Co-op product line. The 30-year loan amortizes on a 30-year schedule.
Erie Apartments, Chicago, IL – This 13-unit complex received $900,000 funded under the Fannie Mae DUS® Small Loan product line. The 10-year loan amortizes on a 30-year schedule.
Pine Tree Townhouses Cooperative, Lawrence, KS – This 160-unit complex received $2,527,238 funded under the Fannie Mae DUS® Limited Equity Co-op product line. The 10-year loan amortizes on a 30-year schedule.
La Pacifica Apartments, Moreno Valley, CA – This 360-unit complex received $27,000,000 funded under the Fannie Mae DUS® Standard Loan product line. The 10-year loan amortizes on a 30-year schedule.
Crescent Cove Apartments Phase II, Evans, CO – This 48-unit complex received $2,282,200 funded under the Fannie Mae DUS® Standard Loan product line. The 8.75-year loan amortizes on a 30-year schedule.
All of the loans were originated by Michael Jehle (bottom right photo), Midwest Regional Director in Arbor’s full-service Bloomfield Hills, MI, office.
“This group of loans represent Arbor’s unique ability to fund multifamily loans throughout the United States, including those areas hardest hit in the most recent recession, primarily Michigan and the Midwest,” Jehle said. “Arbor prides itself on providing creative solutions to meet and exceed the needs and expectations of its customers.”
Contact: Christopher Ostrowski, email@example.com