Monday, August 25, 2014

Related Midwest’s OneEleven luxury apartments in Chicago’s Loop Surpasses 50 Percent Leased Milestone Six Weeks After Opening Its Doors

OneEleven apartments
 111 West Wacker Drive
Chicago, IL

CHICAGO, IL – Related Midwest today announced that OneEleven, its 60-story ultra-luxury apartment tower at 111 West Wacker Drive, has surpassed the 50 percent leased milestone six weeks after welcoming its first residents.

Located at Clark Street and Wacker Drive, on the edge of the city’s central business district, OneEleven features 504 apartments and 30,000 square feet of indoor and outdoor amenity space, offering residents a sophisticated living experience along the famed Chicago River.

“As OneEleven’s swift leasing pace indicates, Chicago renters have a strong desire to live in the Loop, which has emerged as one of the nation’s fastest-growing urban cores,” said Curt Bailey, president of Related Midwest.

“By partnering with two of the country’s preeminent stars in architecture and design, we were able to deliver an eye-catching building that has been well-received by those looking for upscale rentals in the heart of the city.”

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

Stirling Sotheby’s International Realty Appointed Exclusive Marketing Agents for Historic Property in Downtown Mount Dora, FL

Janice Clary
MOUNT DORA, Fla. --- Stirling Sotheby’s International Realty has been named exclusive marketing agents for the Grandview Bed and Breakfast, also known as the historic William Watt House Circa 1906 in downtown Mount Dora. 

Janice Clary, Central Florida lakefront marketing specialist at Stirling Sotheby’s International Realty, is representing the property and serves as principal contact.

“William Watt owned many acres of citrus and invented corrugated cardboard as a packaging medium for his oranges.  The William Watt House has only been home to four owners in the past 108 years,” said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty.

 The property, which is listed for $795,000, includes a main house with three bedrooms and four baths, and a two-bedroom, two-bath Windmill Cottage featuring a 1930s windmill that extends 60 feet in the air, a novelty of this lovely cottage.
The property also has a detached Carriage House which features a Garden Suite with one-bedroom and one-bath, and a 720 square foot apartment/owner’s suite with private entry above the two-car garage.

 The interior of the main house showcases the original French doors, Tudor style windows, two decorative fireplaces and beautiful built in bookcases, echoed by the original heart-pine flooring, a beauty only antique wood can offer.

Grandview Bed and Breakfast, Mount Dora, FL
There is a formal living room, two dining rooms, three bedrooms, each with their own baths, a laundry room, office and a finely crafted  kitchen which has been newly remodeled with historic cabinetry, marble and stainless counter tops and upgraded stainless steel appliances.

 The property is  located just two blocks from the heart of historic downtown Mount Dora with its trendy attractions such as antique stores, art galleries, day spas, restaurants, City Park and marina. 

Situated on just under an acre with tropical landscaping, oversized saltwater pool, white vinyl fencing and multiple rocking chair porches, the stately residence presents an impressive setting for grand scale entertaining, Soderstrom said.

For a complete copy of the company’s news release, please contact:
Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142

Berger Commercial Realty Hires Three New Employees


FORT LAUDERDALE, FL – Regional, full-service commercial real estate firm Berger Commercial Realty announced it has added three new employees to its staff.

Wendy Collins
Roxana Collins

Roxana Collins joins the firm as a broker associate. Her responsibilities include the leasing and sales of office, retail and investment properties in the Southeast. She is a member of the International Council of Shopping Centers, the Florida Real Estate Board, the National Association of Professional Women and the Building Owners and Managers Association, which has certified her as a real property administrator. 
Wendy Collins

Diana Mancipe
A licensed Florida community association manager, Wendy Collins has been hired as a property manager. She will be responsible for managing office, retail, industrial and investment properties in the tri-county area, including budgeting, tenant relations, vendor management, lease administration, insurance compliance, preventative maintenance, property value enhancement and portfolio growth. 

Diana Mancipe

Diana Mancipe joins Berger Commercial Realty as a property manager. She will be managing the day-to-day operations of 1.7 million square-feet of warehouse space at 12 properties throughout Miami-Dade County. The properties are part of a 4.7 million square-foot industrial portfolio owned by Pennsylvania-based Seagis Property Group and managed by Berger Commercial Realty. 

Roxana Collins

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

 Marielle Sologuren
Pierson Grant Public Relations
(954) 776-1999, ext. 226

WNC provides $6.4 million in LIHTC equity to develop The Aspens, a 47-unit community in Central California

Michael Gaber

 TULARE, CA – WNC, a national investor in real estate and community development initiatives, announced the completion of The Aspens, a 47-unit affordable housing community in the Central California town of Tulare. 

WNC provided $6.4 million in low-income housing tax credit (LIHTC) equity to fund the project. The property was developed by Kaweah Management Company and The Pacific Companies.

 An open house celebrating the project’s completion, attended by Congressman Devin Nunes, was held on Aug. 20.

Located at 1500 – 1673 Aspen Ave., The Aspens is comprised of two- and three-bedroom units, equipped with washer and dryer connections.

On-site amenities include a swimming pool, clubhouse with community room, children’s playground, picnic area, computer lab, central laundry room and on-site management. The property is available to families earning between 30 percent and 60 percent of the area’s median income.

“We are pleased to deliver The Aspens, a high quality, yet affordable housing option to the families of Tulare that are most in need,” said WNC Executive Vice President and Chief Operating Officer Michael Gaber.

“This property offers quality accommodations with many in-house and on-site amenities, and we couldn’t be happier to work with our development partners, including the Pacific Companies, the City of Tulare, the Housing Authority of Tulare County, and Rabobank to increase the nation’s supply of low-income housing.”

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

Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703