Wednesday, March 6, 2013

Local Real Estate Powerhouse Colliers Completes High Profile Transactions and Wins Listings

MIAMI, FL, March 6, 2013 - Colliers International South Florida showed its versatility and strength in 2012 with nearly $400 million in completed investment sales transaction value, and leased approximately 1.5 million square feet of space.

Transactions covered every facet of commercial real estate from the leasing and sale of industrial, office and retail properties to the purchase and sale of a portfolio of notes collateralized by properties in Florida and New York

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

Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138

Trepp Reports February CMBS Losses By Property Type and Loan Size

NEW YORK, NY -- On Friday, Mar. 1, Trepp released its February Loss Analysis, showing a slight drop in total liquidation volume but a precipitous decline in the number of loans resolved. Today Trepp breaks down the loss analysis into more detail, specifically by property type and loan size.

In the first table below Trepp breaks out losses by major property type over the last 38 months for all loans. In the second table we eliminate loans with losses of less than 2% of the loan balance, and again submit losses by major property type.

Average Loss Severity by Property Type for Last 38 Months - All Loans

Average Loss Severity by Property Type for Last 38 Months - Losses > 2% of Loan Balance

Next Trepp provides the breakdown of loss volume and severity over the last 38 months broken down by loan size. The first table includes all losses while the second includes only losses greater than 2%.
Average Loss Severity by Loan Size for Last 38 Months - All Loans

Average Loss Severity by Loan Size for Last 38 Months - Losses > 2% of Loan Balance

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

Eric R. Gerard
Senior Vice President
Great Ink Communications
27 Union Square West, Suite 205
 New York, NY 10001
 (212) 741-2977

HC Real Estate Capital Arranges $3 Million Financing for Retail Property in Boca Raton, FL

Glades Pike Shopping Center, Boca Raton, FL
Boca Raton, FL – Kurt Hoffmann and Chris Caveglia of HC Real Estate Capital have arranged $3,000,000 in financing for Glades Pike Shopping Center (GP) located at 8095 Glades Road Boca Raton, FL. 

GP is a 35,120 square foot retail center built in 1981 and currently 100% occupied by Office Depot and Party City.  Financing was arranged through a Correspondent Life Insurance Company relationship.  The 12-year loan replaced a maturing CMBS loan on the property.

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

Chris Caveglia
HC Real Estate Capital, LLC
660 Linton Blvd. Ste 200 EX5
Delray Beach, FL 33444
Direct: 561-266-3273
Mobile: 561-376-3176

Wyndham Hotel Group Donates 250 Free Nights to Hotels for Heroes

Fisher House Foundation's Tennessee Facility
PARSIPPANY, N.J. (March 6, 2013) – U.S. service members seeking medical care at military or VA hospitals will now have access to a greater number of free hotel stays thanks to Wyndham Hotel Group’s recent donation of 1.5 million Wyndham Rewards® points to the Fisher House Foundation and its Hotels for Heroes program, enough for up to 250 free night stays at thousands of hotels around the world.

 With the inclusion of this donation, Wyndham Hotel Group and members of Wyndham Rewards have donated over 15 million points to the program, redeemable for more than 2,500 free room nights.

Presented to representatives of the foundation during a reception last night at the Hawthorn Suites by Wyndham® hotel in Alexandria, Va., the donation was coordinated by members of Wyndham Hotel Group’s Global Sales organization, who were visiting the area as part of meetings with government travel agents.  

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

Joy Gulledge
Public Relations Manager
Wyndham Hotel Group
22 Sylvan Way
Parsippany, NJ  07054
(973) 753-6590

Integrity Home Loan may look outside Florida to fill new loan officer positions with executive training and perks

Matt Malloy
LAKE MARY, FL--- Integrity Home Loan training program initial response has been excellent but Florida’s largest privately-owned residential mortgage provider may now look outside Florida to help fill new positions as loan officer. 

Matt Malloy, president of Integrity Home Loan of Central Florida, Inc., said he’s offering to pay qualified candidates the cost of relocating to Central Florida, subsidize their living expenses, provide an executive training program and offer a first year salary base of $36,000 with potential to double that.

Second year earnings at Integrity Home Loan typically pass the $100,000 mark, Malloy said.

Malloy opened Integrity’s executive training program last year to turn candidates into qualified loan officers.
 In January, Integrity reported it closed on more than 300 mortgage loans that total more than $55 million.

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

Matt Malloy, President, Integrity Home Loan of Central Florida, 407-688-8268  NMLS #- 161433
Jason Scott, Marketing Manager, Integrity Home Loan, 407-688-6618;
Larry Vershel, Larry Vershel Communications, 407-644-4142,

Marshall Hotels & Resorts Promotes Getzey to Chief Operating Officer

Michael E. Getzey
 SALISBURY, MD,  March 6, 2012—Officials at Marshall Hotels & Resorts, Inc., a leading hotel management and services company that operates properties nationwide, today announced that Michael E. Getzey has been promoted to chief operating officer.  Previously, he was president of the company’s construction and renovation division.

In his new role, Getzey will oversee all operations, sales and marketing for the company’s 50-plus hotel and resort management portfolio.  He will work in tandem with the company’s accounting and development teams. 

“Mike is our longest tenured associate, joining the company in 1981, less than a year after our formation,” said Mike Marshall, president and CEO.  “There isn’t a job that he hasn’t done himself and/or managed within a hotel in his 30-plus years with the company.

Michael Marshall
“He has been involved in the operation of more than 100 hotels in his career here and overseen more than $75 million in construction/renovation projects.”

Getzey’s background in both operations and construction provides the Marshall senior management team with a broader, more distinctive expertise in taking over and operating a hotel. 

He plays an integral role in the acquisition/management takeover process, providing guidance on brand selection and PIP costs.   He also is active in new hotel development, ranging from site selection to construction oversight.

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

  Pat Daly, Jerry Daly, media
 Daly Gray Public Relations
(703) 435-6293

Regal Cinemas Theater Hits the Market at $18.5 Million

 ROYAL PALM BEACH, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has received the exclusive listing for a freestanding 76,701-square foot net-leased Regal Cinemas movie theater in Royal Palm Beach, a village in central Palm Beach County, Fla.

The listing price of 18.5 million equates to $241 per square foot.

Lori Schneider

 Lori Schneider, a senior vice president investments in Marcus & Millichap’s Fort Lauderdale office, and Dean Zang and Mark Taylor, both first vice presidents investments in the firm’s Philadelphia office, are representing the seller.

            “The Regal Cinemas movie theater in Royal Palm Springs is situated on an exceptionally large lot in a high-growth location that has little land available for development,” says Schneider.

Dean Zang
“The property has an in-place absolute net lease with rent bumps in both option periods,” adds Zang.

            “The theater features 18 screens, all with stadium seating,” puts in Taylor.

The asset is located with excellent frontage and visibility on 23.6 acres at 1003 N. State Road 7 between Okeechobee Boulevard and Belvedere Boulevard, across from the Breakers Rees Jones golf course and the Mayacoo Lakes Country Club. Florida State Road 7 is a major north-south artery that runs from Miami north through Royal Palm Beach.

Mark Taylor
Traffic counts at the property are 60,000 vehicles per day.

National retailers Walmart, Target, Publix, BJ’s Wholesale Club, Bed Bath & Beyond, Ross Dress for Less and Old Navy are located in the immediate vicinity. 

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

Ben Johnson,
Marketing Director
(925) 953-1736

CEO Nexus and Rollins College CFAE to Host Co-Founder Jeff Hoffman at Forum March 13

Jeff Hoffman
WINTER PARK, FL. --- Rollins College Center for Advanced Entrepreneurship and CEO Nexus, which works with public and private enterprises to encourage and accelerate second-stage growth, will host co-founder Jeff Hoffman at its next CEO Nexus Forum Wednesday, March 13.

Steve Quello, president of CEO Nexus, said the Forum will begin at 6 p.m. for area CEOs and corporate principals invited to attend and registered at  

Steve Quello
Hoffman, who was twice named one of the 25 Most Influential Executives in Travel and Tourism Worldwide, is an accomplished entrepreneur and innovator in the fields of Internet, e-commerce, and entertainment.  He launched his first software company while still a student at Yale University.

Best known as co-founder and CEO in the family of companies, Hoffman led the development and launch of Priceline YardSale.

Tom O'Neal
“Jeff Hoffman has established residence on the heights we work so hard to enable entrepreneurs to achieve,” said Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute. “We expect his presentation at this CEO Forum will be interesting, informative and stimulating.”

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

 Steve Quello, President, CEO Nexus,;
Tom O’Neal, Ph.D, Executive Director, Florida Economic Gardening Institute/GrowFL 407-882-1120,
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142,