Friday, February 5, 2016

United Negro College Fund Will Host 14th Annual Orlando Mayor’s Blalck History Month Luncheon Feb. 17 at Church Street Station Ballroom

Lucille O'Neal
Orlando, FL -- The Orlando Area Office of UNCF (United Negro College Fund), the nation’s largest minority education organization, will host its 14th annual Orlando Mayor’s Black History Month Luncheon on Feb. 17 at the Church Street Station Ballroom.

Hosted by Orlando Mayor Buddy Dyer and Orange County Mayor Teresa Jacobs, the event will bring together education, business and civic leaders to celebrate the contributions of African Americans to the greater Orlando community, and to raise funds and awareness of UNCF.

Lucille O’Neal will serve as Honorary Chair and Sandra Jeter will serve as Luncheon Chair.

“I am very excited about this year’s luncheon and about raising as much funding as possible,” said O’Neal. “It is our mission to ensure that local disadvantaged students have the opportunity to realize their dreams of a college education. In order to rebuild the village that helps to raise our children, we must all join together and invest in the next generation.”  

Sandra Jeter
The 2016 UNCF Champions of Education Award will be presented to both Robert Billingslea and John Crossman.

Billingslea, former Vice President for Corporate Urban Affairs for Walt Disney, is being honored for his long time service in education. Among his many contributions is his service on UNCF’s Orlando Leadership Council and as a trustee for UNCF-member institution Bethune-Cookman University.

Crossman also has a strong commitment to education in Orlando. He created the Crossman & Company Endowed Real Estate Scholarship at Bethune- Cookman University to increase the amount of minorities in real estate. He and his family have also created an endowed fund in the memory of John’s father, the Rev. Kenneth C. Crossman, which gives annual scholarships to students.

“We invite all members of the Orlando community to join us as we raise money to send deserving young people to college,” said Anita Henri, UNCF Area Development Director. “Everyone who believes that ‘A Mind Is a Terrible Thing to Waste, but a Wonderful Thing to Invest In®,”  should attend the luncheon. Let’s empower our young people so they may secure passports to Better Futures® by way of a college degree.”

Orlando Mayor Teresa Jacobs
For more than 70 years, UNCF has provided financial assistance to students and its 37 member historically black colleges and universities (HBCUs). Without UNCF’s support, many of the students attending these colleges would not have access to higher education or the benefits they provide.

 UNCF’s luncheon helps raise funds to support more than 60,000 students a year at more than 1,100 colleges and universities across America.  The majority of UNCF scholars come from low-income families and are among the first in their families to attend college.

Across Florida, UNCF assists more than 6,000 students who attend UNCF member institutions or who receive UNCF scholarships to attend other area colleges and universities.

For more information on the 14th Annual UNCF Orlando Black History Month Luncheon, or for sponsorship packages, please contact Jazmine Barnes at 407.896.6940, or
For a complete copy of the company’s news release, please contact:

Beth Payan Larry Vershel Communications, 407-644 4142 or 407-461 3781

Cynetra McMillian
UNCF Communications

Berkadia Closes on sale of 112 Units for $9.8 Million in North Montgomery, AL

Joshua Jacobs
Birmingham, AL – Berkadia recently closed the sale of The Retreat at Dublin Creek, a 112-unit apartment community located in Montgomery.  Hallmark Dublin Creek, LLC, purchased the apartment community for $9,800,000 or $87,500 per unit.

Joshua Jacobs, Associate  and David Oaklely, Managing Director of Berkadia Real Estate Advisors, LLC in Birmingham, negotiated the transaction representing the seller, Retreat at Dublin Wildwood, LLC. 

Built in 2006, The Retreat at Dublin Creek, an Institutional Quality Class “A” asset, is a two-story, garden-style apartment community situated on 14.41 acres with an average unit size of 1,204 square feet. 

Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry-leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. 

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

Beth Payan Larry Vershel Communications, 407-644 4142 or 407-461 3781

Crossman & Co. Negotiates Seven New Leases for more than 27,790 Square Feet at Five Palm Beach County, FL Retail Centers

Kim Fitzgerald
Palm Beach County, FL--- Crossman & Company, one of the largest retail leasing, management and investment sales firms in the Southeast, recently negotiated seven new leases for a total of 27,797 square feet at five Palm Beach County retail centers.

Senior Associates Kim and John Fitzgerald, who handle leasing and management for Crossman & Company in southeast Florida, represented the landlords in lease agreements with the following tenants at the following shopping centers:

The Shoppes at Wellington Green on Forest Hill Blvd. west of 441– Bethesdia Health leased 11,148 square feet and Exit Realty 2,835 square feet;

Hampton Square, on Hampton Drive and Kimberly Blvd. E. of 441– Congregation Shaarie synagogue leased 5,635 square feet and Mama’s Pizza leased 1,804 square feet;

 Polo Grounds Shopping Center on S. Military Trail in West Palm – Wing Stop leased 1,488 square feet and Wireless One leased 1,280 square feet

The Shoppes at Jupiter on N. U.S. Highway 1 – Rock Steady Juice Joint leased 1,280 square feet;

Grove Market on Seminole Pratt Whitney Rd in Loxahatchee – Afterburn Fitness leases 2,400 square feet.

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

Beth Payan Larry Vershel Communications, 407-644 4142 or 407-461 3781

Arbor Launches ALEX, a Groundbreaking Online Multifamily Agency Lending Platform for Borrowers, Brokers and Correspondent Lenders

Ivan Kaufman
UNIONDALE, NY (Feb. 5, 2016) – Arbor Commercial Mortgage, LLC, one of the nation’s largest direct commercial real estate lenders, today unveiled ALEX (Arbor LoanExpress), the multifamily industry’s first ever, all-agency, online loan origination platform.

 Developed for direct borrowers, brokers and correspondent lenders, ALEX is designed to streamline and organize a historically complex multifamily lending process, helping clients easily and efficiently obtain market-leading Fannie Mae and Freddie Mac financing. 

ALEX will provide the fastest loan evaluation in the industry and incorporates the first ever use of e-signature execution for certain forms used in multifamily agency lending.

“As a true leader in the small balance agency lending business, we are both proud and excited to revolutionize multifamily financing with ALEX,” stated Ivan Kaufman, Arbor’s Chairman and CEO.

“We incorporated our years of success, world-class customer service and small loan experience in building a proprietary technology that allows us to reach new customers and provide our highly valued repeat clients with an organized, transparent and efficient experience.

“In today’s fast-paced world, we understand our clients’ needs for a quick response time, and ALEX leverages technology to provide quick feedback and allows our clients stay on the pulse of the loan process with just the click of a button.”

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

Christopher Ostrowski

Lincoln Property Co. Arranges Two New Leases at Governors Lakes 100 in Atlanta’s Peachtree Corners Submarket

Matt Davis
ATLANTA, GA (Feb. 4, 2016) – Lincoln Property Company (Lincoln) has arranged two new leases at Governors Lakes 100, an office building located in Atlanta’s Peachtree Corners submarket. Matt Davis and Jeff Henson represented the landlord in the transactions.

Century Communities, represented by Bennett Gottlieb and John Thornton of CBRE, signed a new 25,464-square-foot lease. Data Oceans also signed a 6,796-square-foot renewal, and Bill Leonard of Wm. Leonard & Co. represented the tenant.

Governors Lakes 100 is located at 3091 Governors Lake Drive in Norcross. The Class A office building totals 101,052 square feet and offers free covered deck and surface parking, efficient floor plans, an on-site fitness facility, walking/running trails and conference facilities. With the two new leases, Governors Lakes 100 is 88 percent leased.

The property’s sister building, Governors Lakes 200, is 100 percent available. The 102,364-square-foot Class A building offers a unique corporate relocation opportunity in a controlled park and a wooded setting featuring a 4.7-acre lake.  The building has 20,000-square-foot floorplates, a mix of open and private offices, and visibility along Peachtree Industrial Boulevard.

Jeff Henson

“There’s been a wave of tenants signing leases at Governors Lakes 100, thanks to its prime location with easy access to I-285,” Davis said. 

“The property’s sister building, Governors Lakes 200, offers a unique leasing opportunity for a large corporate user in a submarket with limited options, as there are currently only two buildings with this kind of availability.” 

Davis and Henson also secured a new 4,578-square-foot lease with Joynus Staffing at Peachtree Corners Corporate Center, located at 4855 Peachtree Industrial Blvd. in Norcross. 

The single-story office building totals 109,293 square feet, and includes a flexible design and easy access to Starbucks, FedEx, PNC Bank, Jimmy Johns, Zaxby’s and The Forum.

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

Savannah Durban
The Wilbert Group