Wednesday, September 17, 2014

St. Regis Chengdu Appoints Tong Zhu as Head Sommelier


Tong Zhu
Chengdu, China –  – The St. Regis Chengdu today announces the appointment of Tong Zhu as the hotel’s Head Sommelier.

 An experienced sommelier having graduated from the highly prestigious Le Cordon Blue Paris institute, Mr. Zhu’s in-depth knowledge of wine varietals, management skills, previous positions and customer relations make him the ideal sommelier to oversee all wine and spirit operations at The St. Regis Chengdu.

With an emphasis on Decanter, as the new “wine authority” for fine dining experience in Chengdu, Mr. Zhu will oversee wine selections and pairings, and communicate his recommendations and tasting notes to diners.

“We are delighted to welcome Mr. Zhu to his prestigious role as Head Sommelier in Chengdu’s most prestigious address”said Richard Deutl, General Manager of The St. Regis Chengdu.

“Mr. Zhu’s extensive knowledge and expertise of wine coupled with his uncompromising standard of excellence will serve as an invaluable asset to our wine and spirits program and will most certainly elevate the appreciation of fine wines in Chengdu.”

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

Hwee Peng Yeo
Vice President, Asia Markets
Glodow Nead Communications
San Francisco • New York • Singapore • Shanghai
Level 21, Centennial Tower, 3 Temasek Avenue • Singapore 039190
1700 Montgomery Street, Suite 203 • San Francisco, CA • 94111

Asia: 65.9768.6087  US:415.394.6500 • E: hweepeng@glodownead.com

Bob Kaplan Joins Marcus & Millichap Denver as Senior Associate, National Multi Housing Group


Bob Kaplan
DENVER, CO,  Sept. 17, 2014 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced that Bob Kaplan has joined their Denver office as a senior associate with the National Multi Housing Group (NMHG).

            Prior to his career in multifamily brokerage, Kaplan was a Commodity Options Trader on the New York Mercantile Exchange. He spent nine years on the floor of the Exchange before moving from New York to Arizona. 

            In 2002, Kaplan launched his career in multifamily and investment brokerage with Bourn Partners in Tucson, quickly establishing himself as the firm’s top earner in 2004 and 2005. In 2006 he moved to Cushman & Wakefield I PICOR, becoming a Principal and growing the firms’ multifamily presence in the southern Arizona marketplace. At Marcus & Millichap Kaplan will focus on private client multifamily investments for the NMHG.

Richard Bird
            “Bob’s knowledge of capital markets, paired with his familiarity with regional and local real estate, makes him a great fit for our team,” says Richard Bird, vice president and regional manager for Marcus & Millichap.

Kaplan received his B.S.B.A. in finance from the University of Arizona.  He also holds a Masters of International Management from the American Graduate School of International Management.

Contact Bob Kaplan at (303) 328-2034 or email Robert.Kaplan@Marcusmillichap.com.

 

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

Gina Relva
Public Relations Manager
(925) 953-1716                                                                      


Dan Hayward Joins Marcus & Millichap National Hospitality Group as Senior Director


Dan Hayward
SACRAMENTO, CA,  Sept. 17, 2014 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, is pleased to announce the appointment of Dan Hayward to the position of senior director of Marcus & Millichap’s National Hospitality Group (NHG).

Hayward will be based in the firm’s Sacramento office, according to Gregory LaBerge, vice president and national director of the NHG.

“We are pleased to welcome a solid investment professional like Dan to the firm,” says LaBerge. 

“His extensive experience adds value in teaming our clients’ real estate investment objectives with local investment market expertise, and provides an entryway for clients to leverage our national platform,” adds LaBerge.

 “Dan has over 20 years of experience and deep relationships with principals of full service hotels and investment properties in Northern California and Nevada,” adds Justin White, vice president and regional manager of the firm’s Sacramento office. “His many years of experience will help us support the NHG in expanding quality services to clients on the West Coast as well as across the country.”

Gregory LaBerge
        Prior to joining Marcus & Millichap, Hayward was vice president of investment services at Colliers International, where he focused on seller representation for investment properties throughout the Central Valley and Bay Area. While at Colliers, Hayward led the hotel investment services practice group for the West Coast. 

         Hayward studied at Illinois State University and he is a licensed Real Estate Broker with the State of California Department of Real Estate.

 He is a member of Asian America Hotel Owners (AAHOA) and California Lodging Industry Association (CLIA). Hayward is also a member of Oasis International in Kenya, Africa and Toastmasters International. 





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

Gina Relva
Public Relations Manager
(925) 953-1716                                                                      


Patricia Shelton Joins Waterton Residential as Senior Vice President

  
Patricia Shelton

CHICAGO, IL – Waterton Residential, the multifamily investment and management division of Chicago-based Waterton Associates LLC, announces that Patricia Shelton has joined the firm as senior vice president of operations.

 In her new role, Shelton will be responsible for overseeing multifamily operations in the Southeastern region and Texas.

 “As a company, we believe we’re only as good as the people we hire, so we look for candidates who are not only knowledgeable about the market, but who have a proven track record of success,” said Greg Lozinak, executive vice president and chief operating officer of Waterton Residential.

 “Patricia’s extensive operational experience, coupled with her ability to grow and manage high-performing teams, made her the perfect fit for this position, and we couldn’t be more thrilled to welcome her to the Waterton team.”

Greg Lozinak
  Shelton, who will be based in Waterton’s Atlanta office, brings more than 25 years of experience to the company, most recently serving as executive vice president of operations at Cortland Partners.

Prior to that position, Shelton was vice president of operations at Archstone, where she was heavily involved with acquisitions, dispositions and developments throughout the Southeast and along the East Coast.

 She also served as a regional manager for both Trammell Crow Residential and Summit Properties.

 "The collaborative and innovative culture at Waterton Residential was exactly what I was looking for at this stage of my career,” said Shelton. “Waterton is a very forward-thinking company that’s positioned for growth in the coming months, and the opportunity to be part of a national firm during such an exciting period in its history was one I could not pass up.”
  
For a complete copy of the company’s news release, please contact:

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528
Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527

R3 Funding Arranges Over $150 Million in Originations in its First 12 Months


Ray Potter

NEW YORK, NY – R3 Funding, a national lender correspondent and advisory firm based in New York, has arranged over $150 million in originations in its first 12 months.

This figure is in addition to $450 million in workout advisory services, provided across 22 separate deals. The announcement was made by Ray Potter, founder and managing partner of R3 Funding.

 With its hands on, principal level steering of both originations and workouts, R3 Funding has in a short time distinguished itself by providing customers in secondary and tertiary U.S. markets access to Wall Street as well as an array of national lenders. In addition to CMBS lenders, R3 works with the GSEs and other lenders.

 “Our focus and our sweet spot continue to be in using relationships we’ve built over decades in the business to provide Main Street with access to Wall Street and beyond,” said Mr. Potter. “These transactions certainly demonstrate that commitment. Those same relationships also give us the ability to offer significant resources for workout situations.”

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



Marcus & Millichap Arranges Sale of 1,880-SF Dairy Queen in Brandon, FL for $445,000


Dairy Queen, 602 West Brandon Boulevard, Brandon, FL

BRANDON, FL  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a 1,880-square foot net-leased Dairy Queen located in Brandon, Fla., according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $445,000.

Michael A. Mele, senior vice president and William Wamble, associate in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the Tampa-based seller, a local private investor.  Armando Rodriguez, also in the firm’s Tampa office, procured the local buyer.

Michael A. Meli
Dairy Queen was built in 1959 and is located at 602 West Brandon Boulevard in Brandon, Fla.  The property is situated on the city’s main thoroughfare of Brandon Boulevard in a highly visible and high-traffic area. This location has been in business since 1993 and has established well-known name recognition in the area.

“There is a growing demand for these types of single-tenant properties in the Tampa Bay MSA at the moment,” says Wamble.  “A lot of out-of-area investors are intrigued by this market due to the compression of cap rates in South Florida and other primary markets around the country.” 

“We were able to drive three offers in the first week and two of these were from out-of-area buyers looking to deploy capital in a growing area with higher yields,” adds Wamble.


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

Richard D. Matricaria
Vice President/Regional Manager
Tampa, FL
(813) 387-4700


HFF arranges financing totaling $71.75 million for development of high-rise apartment building in Portland, OR


Erica Christensen
PORTLAND, OR – HFF announced it has arranged financing totaling $71.75 million for the development of Block 67, a 21-story, 284-unit, Class A apartment building in Portland’s Central Eastside district.

                HFF worked on behalf of the borrower, a partnership led by Guardian Real Estate Services and Key Development Corporation, to arrange construction financing for the project.  Financing for the project was structured through a senior construction loan and mezzanine financing. 

                Block 67 is located at the intersection of NE 3rd Avenue and Burnside Street, just steps away from the Burnside Bridge.

Due for completion in early 2016, the property will feature 16 levels of residential apartments above approximately 24,700 square feet of retail/commercial space and parking on the first five floors.

Kerry Hughes
Community amenities will include a 9,300-square-foot eco-roof and podium level that is planned to feature fire pits, barbecue area, pet exercise area, fitness center and spa. 

Apartment finishes will be high-quality with many units offering unrivaled views of the Portland skyline. 

The HFF team was led by managing director Casey Davidson, director Mark Erland, associate director Kerry Hughes and senior real estate analyst Erica Christensen.

“Block 67 is poised to be an iconic building for the city of Portland and the burgeoning Central Eastside district.  It is the linchpin and largest component of the long-planned Burnside Bridgehead development area envisioned by the Portland Development Commission,” said Hughes. 

Mark Erland
“Upon its completion it will serve as a beacon for the Burnside Bridgehead and as a gateway to the rapidly redeveloping Central Eastside—marking a new chapter in the continued evolution of the city,” he continued.

                Through a competitive process, the Portland Development Commission awarded the project to Key Development Corporation in 2012.  As a result of a partnership among Skylab Architecture, Andersen Construction Company, Guardian Development and Key Development Corporation, the development team is excited to be one step closer to completing this project.



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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com