Wednesday, July 18, 2012

CalPERS Welcomes Bill Slaton to the CalPERS Board


 PETALUMA, CA, July 18, 2012--The California Public Employees' Retirement System (CalPERS) today welcomed Bill Slaton (top right photo) to the pension fund's Board of Administration.

Slaton, a publicly elected director on the Board of the Sacramento Municipal Utility District (SMUD), was appointed today by Gov. Jerry Brown to serve on the CalPERS Board as the local government elected official, one of two seats appointed by the Governor. 

"We look forward to Mr. Slaton joining our Board," said CalPERS Board President Rob Feckner.  "His experience and perspective as a local government official will be valuable as we work with our contracting cities, counties and special districts to deliver long-term pension and health benefits."

For a complete copy of the company’s news release, please contact:

External Affairs Branch
(916) 795-3991
Robert Udall Glazier,

 Deputy Executive Officer
 Brad Pacheco,
 Chief, Office of Public Affairs

Historic Hamilton Crowne Plaza Hotel in Washington, DC Receives 2012 TripAdvisor Certificate of Excellence Award

WASHINGTON, D.C., July 18, 2012 – The historic Hamilton Crowne Plaza Hotel (top left photo) in Washington DC today announced that it has received a TripAdvisor® Certificate of Excellence award.

The accolade, which honors hospitality excellence, is given only to establishments that consistently achieve outstanding traveler reviews on TripAdvisor, and is extended to qualifying businesses worldwide. Approximately 10 percent of accommodations listed on TripAdvisor receive this prestigious award.

 For a complete copy of the company’s news release, please contact:

Hamilton Crowne Plaza Hotel                                                                             
Regina Willson,
Director of Sales and Marketing                                                

 Patrick Daly
Account Supervisor
Daly Gray, Inc.
Office:  (703) 435-6293
Cell:  (703) 300-8289

Intercredit Bank Names Banker Daniel Oliver as Executive Vice President and Chief Lending Officer

 Miami, FL, July 18, 2012 – Intercredit Bank, a full service bank with $280 million in assets and five branches in Miami-Dade County, has named banker Daniel Oliver (top right photo) as Executive Vice President and Chief Lending Officer. Oliver is a senior banking officer with 35 years of experience in banking and commercial real estate.

“Daniel Oliver is a highly respected banker with deep knowledge of credit analysis and commercial real estate lending,” said Simon Cruz, President and CEO of Intercredit Bank. “He has consistent expertise increasing revenue and profits for the banks he has been associated with and is a welcome addition to our management team.”  

  For a complete copy of the company’s news release, please contact:

Brittany Nguyen
Becker Public Relations
2506 Ponce de Leon Blvd.
Coral Gables, FL 33134
Telephone 305/444-2181 X 221

Four McCarthy Projects Receive CMAA Project Achievement Awards

 NEWPORT BEACH, CA, July 18, 2012 –– The Construction Management Association of America (CMAA) Southern California Chapter recently awarded Project Achievement Awards to four McCarthy Building Company projects.

 The awards were presented at CMAA’s 20th Annual Awards Banquet in Los Angeles, Calif. to the firms responsible for managing the construction process of each respective project.

 The purpose of this industry award is to recognize and promote professionalism and excellence in the management of the construction process. Awards are given to the projects that best reflect this mission.

The McCarthy projects that were honored by the CMAA include: Soka University Performing Arts Center and Associated Academic Facility; John Wayne Airport Terminal C (top left photo); Westminster Police Department Headquarters; and Methodist Hospital (lower right photo) of Southern California’s new North Tower and Central Utility Plant upgrade.

For a complete copy of the company’s news release and photos, please contact: 

Laura Mickelson (LM Communications)
(949) 453-0851
Susan Garritano (McCarthy Building Companies, Inc.)
(314) 968-3300

Regency Centers Announces Portfolio Sale

JACKSONVILLE, Fla. (July 18, 2012) – Regency Centers Corporation (NYSE:REG; the “Company”) announced today that it has entered into an agreement to sell a 15-property portfolio (the “Portfolio”) to an affiliate of Blackstone Real Estate Partners VII (“Blackstone”) for total consideration of $321.0 million representing a weighted average cap rate of 8.1%.

The Portfolio is 90.3% leased, includes 2.1 million leasable square feet and is unencumbered by debt. All properties are wholly owned by the Company. Closing of the transaction is expected to occur on July 25, 2012.

For a complete copy of the company’s news release and a listing of the properties, please contact:

Patrick Johnson
904 598 7422


Marcus and Millichap Sues Former Sales Agent and his New Brokerage Firm, Greysteel, for Alleged Fraud and Conversion

 CALBASAS, CA – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has sued Maryland sales broker Ari Firoozabadi (top right photo)and his new brokerage firm, Bethesda, Md.-based Greysteel Company LLC, for more than $1 million in damages.   

On July 17, Marcus & Millichap filed a lawsuit against Firoozabadi and Greysteel in the Circuit Court for Montgomery County located in Rockville, Md., alleging that Firoozabadi had “intentionally failed to disclose to Marcus & Millichap listings and other properties that he was actively working to bring to market in an effort to misappropriate the fees from those listings and jumpstart his new brokerage company, Greysteel.”  

“Far more important than the damages that Marcus & Millichap will collect is the consistent precedents we continue to uphold toward protecting our clients, agents and employees and to reinforce our policies, procedures and emphasis on professionalism which have been cornerstones of our culture and brand since the firm was founded 41 years ago,” according to Evan Fetters (lower left photo), assistant General Counsel for Marcus & Millichap.


Stacey Corso
Public Relations Manager
(925) 953-1716