Wednesday, June 3, 2015

Steak Master Chef Hans Aeschbacher Celebrates 25 Years of Culinary Excellence

Chef Hans Aeschbacher
Taipei — Continuing the year-long culinary celebration of its 25th anniversary, The Sherwood Taipei welcomes back Chef Hans Aeschbacher, the world-renowned chef from Chicago who has led some of the top steakhouses, including Chicago Cut Steakhouse and Smith & Wollensky.

 In 2007, The Sherwood Taipei teamed up with Chef Hans to be the first hotel in Taiwan to introduce the U.S. premium dry-aged gourmet steak concept. 

From July 8 – August 31, Chef Hans will be in-residence at The Sherwood Taipei showcasing U.S. dry-aged steak at TOSCANA and American-style barbecue festival at B-One Buffet Restaurant.  

The Chef Hans visit is one of a series of special culinary events to honor The Sherwood Taipei’s 25-year tradition of exceptional epicurean experiences and innovation.

“We are honored and delighted to welcome Chef Hans back to The Sherwood Taipei,” said Achim v. Hake, General Manager, The Sherwood Taipei. 

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:

West Hartford, CT Apartment Property Sells for $12.8 Million; Northeast Private Client Group Represents Buyer and Seller

David Almeida

SHELTON, CT – Investment sales broker Northeast Private Client Group has announced the sale of Brookstone Court Apartments, a 160-unit multifamily property located in West Hartford, CT.

David Almeida, senior associate in the firm’s Connecticut office, and Bradley Balletto, the firm’s regional manager, represented the seller and the buyer in the $12,800,000 transaction, which closed on April 30. 

“The success of this transaction is the direct result of our relationship approach to investment sales,” said Edward Jordan, JD, CCIM, the firm’s managing director.  “With our regional brokerage platform, we were able to create tremendous competition for this asset among highly qualified buyers from Boston to New York."

Brookstone Court Apartments comprises 10 garden-style apartment buildings situated on Hillcrest Avenue and Steven Street in  West Hartford, CT.  

Bradley Balletto
Built in 1953, the complex has 160 total units in 10 buildings.  The seller, Harvest Apartments, is a Connecticut- based national multifamily operator.  

The buyer, Detail Management, purchased the property for a price that equates to nearly $80,000 per unit, which represents a capitalization rate of 6.94% on the current net operating income.

“High occupancy and growing rents continue to drive strong demand for apartment properties,” said Mr. Balletto.  “Multifamily investments continue to outperform nearly all other asset types.”

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

Randy Savicky
Connecting the New PR & Marketing to Business Goals


Easton & Associates Announces Nearly 130,000 SF of Industrial Leases in Miami-Dade County, FL

Jim Armstrong

Doral, FL — Easton & Associates, the commercial real estate brokerage division of The Easton Group, brokered the following industrial leases:    

-Miatex Corp. renewed a lease for 56,000 sq. ft. at 7801 NW 67th Street, #130 and 6700 77th Court, #2 in Miami.  The landlord is SPG NW 77th Court LLC. The transaction was brokered by Jim Armstrong and Mike Waite.

-Florida Fence Distributors, Inc. signed a new lease for 22,000 sq. ft.  of industrial space at  7820 NW 74th Street in Medley.    The landlord is Easton/Levi Associates. The transaction was handled by Tom Kimen.

-Tuuci, LLC renewed a lease for 20, 075 sq. ft. at 2950 NW 35th Street in Miami. The landlord is LZG LLC. Tom Kimen brokered the transaction on behalf of Easton & Associates.

-Refricenter of Miami, Inc. renewed its lease for 20, 000 sq. ft. at 27 NE 179 Street, North Miami Beach. The landlord is 57 NE 179 Street LLC.  The transaction was handled by Jim Armstrong and Mike Waite of Easton & Associates.

Atlantic Rack and Shelving, Inc. leased 11, 500 SF of industrial space at 5205 NW 161 Street, Miami Gardens.  The Landlord is Seagis PLIP LLC.  Jim Armstrong and Mike Waite handled the transaction.   

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

Todd Templin
Boardroom Communications


City of Tustin, CA Executes Exclusive Negotiation Agreement for Cornerstone I with Lincoln Property Co.

Tustin, CA City Manager Jeff Parker
Tustin, CA  (June 3, 2015) – The City of Tustin has now entered into an Exclusive Negotiation Agreement with Lincoln Property Company (Lincoln), a Dallas-based real estate developer with Southern California offices, to pursue development for Cornerstone I at Tustin Legacy.

The proposed creative office campus would be built on 37 acres of land at the southwest edge of Tustin Legacy, a master-planned community. 

Based on a proposal presented to Tustin by Lincoln, approximately 760,000 square feet of creative office space is proposed along with almost 100,000 square feet of support uses, a food hall, supporting retail, outdoor meeting and gathering spaces, as well as structured and surface parking.

“We interviewed a number of qualified development firms but believe that Lincoln best shares our vision for Cornerstone I,” said Jeff Parker, Tustin City Manager.

“They bring a strong track record for developing the kind of commercial projects that meet the evolving needs of today’s innovative and dynamic firms. New office development at Cornerstone I will add to the unique opportunity we have at Tustin Legacy to create a strong jobs base and bring about greater economic investment in the City of Tustin.”

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

Darcie Giacchetto for Tustin Legacy
(949) 278-6224


WNC’s Community Preservation Partners Joint Venture Acquires Northgate Terrace in Oakland, CA

Anand Kannan
OAKLAND, CA – June 3, 2015 – WNC, a national investor in real estate and community development initiatives, announced today that its subsidiary, Community Preservation Partners LLC, has acquired Northgate Terrace, a 201-unit affordable senior housing community in Oakland, Calif., in a joint venture with Related Affordable LLC, for $27.5 million.

The joint venture will perform a complete renovation of the existing property, originally constructed in 1969 with a HUD 202 loan.

The project is expected to cost approximately $47 million to complete, including acquisition and renovation. 

“This project required unique financing that included prepayment of the existing HUD loan under a preservation transaction, and the agency’s acceptance of the revaluation of the property to market rate,” said Anand Kannan, president of WNC’s Community Preservation Partners, LLC. “This enabled the joint venture to secure the financing required to properly rehabilitate and maintain this community as part of the nation’s desperately needed affordable housing inventory.”

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

Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703

BankUnited Sets Sights on Growth in Central Florida; Expands Commercial Real Estate and Business Lending Teams

Steven Markowski
MIAMI LAKES, FL – BankUnited announced two key new hires in Orlando, making the bank’s Central Florida commercial real estate finance team its largest in Florida, while expanding its corporate banking team just one year after the market launch of its wholesale banking division.

“We see room for growth in Orlando and Central Florida as the region continues to broaden its base of business beyond tourism and hospitality into a more fully-integrated economic spectrum of businesses,” said Thomas Cornish, state president of Florida.

 “Orlando is a priority market for BankUnited as we look to grow our portfolio in this region from $600 million to the billion dollar range within a couple of years.”

Steven Markowski of Winter Park has been named senior vice president for commercial real estate lending.

Ted Kunkel of Windermere has been named vice president of business lending.

Ted Kunkel
Also joining Kunkel as his assistant is Lisa Sitterly.

“Steven and Ted join an already strong BankUnited team of CRE lenders and commercial bankers here in Orlando, and we look forward to the vital role they will play as we expand our corporate and commercial real estate banking services in the market,” said Michael McClanahan, Orlando market executive.

Markowski, Kunkel and Sitterly will be based at BankUnited’s Downtown Orlando corporate office, 189 South Orange Avenue, Suite 1250.

For more information call (877) 779-2265 or visit

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

Amy Hoffman
Pierson Grant Public Relations
6301 Northwest 5th Way  Suite 2600
Fort Lauderdale, FL  33309
v. (954) 776-1999  ext. 228
f. (954) 776-0290

Capital Square Realty Advisors Expands Finance Team With Four New Hires

Adam Levinson
 RICHMOND, VA – Capital Square Realty Advisors, LLC announced that Adam Levinson, a 15-year finance veteran who has participated in the capitalization of more than $6 billion of investment real estate, joined the company as strategic advisor of finance. Levinson will underwrite debt for Capital Square’s DST 1031 exchange programs and assist with other underwriting and financial analytics.

Seasoned professionals, Andrew Foster, Caroline Greber and Laura Mouser, also join Capital Square, as senior accountant, investor relations closing administrator and administrative accounting assistant, respectively.  

As Capital Square continues to expand, the addition of four professionals will continue to strengthen the management of Capital Square Realty Advisors’ growing real estate portfolio, which currently totals more than $275 million of healthcare, multifamily, retail, parking and manufactured housing properties across 13 states.

Andrew Foster
“Since our founding in 2012, Capital Square Realty Advisors has grown tremendously and we have been fortunate to add exceptional talent to the team along the way to better serve our investors,” said Louis Rogers, founder and chief executive officer of Capital Square Realty Advisors.

“Adam is a recognized expert in the financial arena, with invaluable experience. He, along with Andrew, Caroline and Laura, strengthen Capital Square Realty Advisors.  I am very pleased to welcome them to the Capital Square family.”

Levinson serves as senior managing director of Newmark Grubb Knight Frank’s Real Estate Finance Group. Responsible for identifying capital on behalf of his clients, he accesses capital markets seeking for all types of debt, including highly structured debt facilities that address the needs of his clients. 

With a bachelor’s in business from Miami University in Oxford, Ohio, he has arranged more than $6 billion of debt financing for a variety of asset classes. Levinson is a member of the Real Estate Investment Association and the Chicago Real Estate Council.

Caroline Greber
Foster has more than 16 years of accounting experience, most recently working as an accountant and treasury analyst for a hospital management company where he managed assets and handled treasury and banking responsibilities for 11 medical facilities. He earned a bachelor’s degree in entrepreneurship and small business management, as well as a bachelor’s in accounting from Eastern Michigan University.

Greber has over 15 years of experience in residential real estate as a licensed title insurance underwriter, mortgage underwriter and settlement agent. Prior to her real estate career, she was also a legal assistant for more than 15 years with Prentice Hall Legal and Financial Services.

Mouser joins Capital Square Realty Advisors after serving as an accounts payable specialist with a local Richmond manufacturing company. She brings more than 15 years of experience working with the local business community to Capital Square.

Laura Mouser

Capital Square Realty Advisors, LLC specializes in the creation and management of commercial real estate investment programs for Section 1031 exchange investors and other investors using the Delaware Statutory Trust structure.

 Louis J. Rogers, founder and chief executive officer of Capital Square Realty Advisors, has been involved in the creation and management of more than 100 investment offerings totaling over $3 billion, including DST, tenant-in-common, numerous real estate funds, and multiple publicly registered non-traded real estate investment trusts.

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

Julie Leber                                                                         
 Spotlight Marketing Communications                    
 949.427.5172, ext. 703                   

EagleBridge Capital Arranges $8.9 Million Mortgage for Boston Office Building and Norwood Industrial Building

33 Broad Street, Boston, MA
Boston, MA --  EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $8,900,000 for 33 Broad Street, Boston, Massachusetts and 340-346 Vanderbilt Avenue, Norwood, Massachusetts. 

The mortgage financing was arranged by EagleBridge principals Ted. M. Sidel and Brian D. Sheehan who stated that the loan was provided by a leading financial institution.

33 Broad Street is an 11-story 40,500 square foot office building located in the heart of Boston’s Financial District. The building has been completely updated and is served by three elevators.  

The building is 100% leased.  State Street Eye Health and Expresso Love occupy the first floor retail space. 

  The upper floors are occupied by 17 office tenants including law firms, accountants, consultants, foundations, financial advisors, real estate developers, mortgage bankers, and money managers.

Ted M. Sidel

33 Broad Street was constructed in 1904.  The building style is early Twentieth Century Renaissance Revival and is included in the National Register of Historic Places as part of the Custom House District.  33 Broad Street was designed by the leading architectural firm of its day, Shepley, Rutan and Coolidge, the predecessor of the noted architectural firm Shepley Bullfinch Richardson and Abbott.

340-346 Vanderbilt Avenue is a 65,240 square foot multi-tenant industrial building located in the Park Place Industrial Park in Norwood.  The building is fully leased to 8 national and local tenants.

Brian D. Sheehan
EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging  debt and equity financing as well as joint ventures for industrial, office, and r & d buildings,  shopping centers, apartments, hotels, condominiums and mixed use properties as well as special purpose buildings.

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

Ted Sidel

(617) 292-7177 EXT. 10

Lifescapes International Selected to Design Landscaping for Luxury Resort in South Korea

Landscape rendering for planned Paradise City,
Incheon, South Korea
Newport Beach, CA (June 3, 2015) - Lifescapes International, a Newport Beach-based landscape architectural firm, has been selected as the landscape architect for Paradise City, an integrated entertainment and gaming resort in Incheon, South Korea, which is planned to span 83 acres.

Lifescapes International will design a large Las Vegas-style main entry, the exterior perimeter of the resort, a resort-style pool, poolside bars, wedding gardens, private villas, and gardens that will flow throughout the project.

According to Julie Brinkerhoff-Jacobs, President of Lifescapes International, the firm was selected as the landscape architect for this project based on its tremendous depth of experience working with integrated entertainment and gaming resorts, including 12 of the most notable destination resorts on the Las Vegas Strip, such as the Wynn Las Vegas, the Bellagio, Paris Hotel & Resort, The Palazzo, Treasure Island, the Mirage, and the Venetian, among many others.

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

Lexi Astfalk or Jenn Quader
Brower, Miller & Cole
(949) 955-7940