Monday, September 26, 2016

Feldman Equities Hires Leasing Veteran Mike DiBlasi and Financial Analyst Mahmoud Mihanyar

Mike DiBlasi
TAMPA, FL -- With an eye towards an ever expanding real estate portfolio including development and acquisition Feldman Equities continues to add to its Tampa Bay staff. 

Just weeks after bringing aboard Mack Feldman and Jonathan Schneider, Feldman has hired real estate leasing powerhouse Mike DiBlasi and financial analyst Mahmoud Mihanyar.

As Executive Vice President of Leasing and Marketing, DiBlasi will head all leasing activity for the 1.3 million square foot office building portfolio owned and under development by Feldman Equities and Tower Realty Partners in Tampa Bay.  His role will also include leasing oversight of acquisitions and third party leasing assignments.

Feldman Equities CEO Larry Feldman, who attributes the company’s success to smart risk taking, found a like-minded hire in DiBlasi who advises those getting into the business to take risks when you are young.

Mahmoud Mihanyar

“I started my career as a CPA and after five years, left that salary and security for the opportunity to enter the commissionable world of commercial real estate brokerage, “ said DiBlasi. “I took a risk and it paid off.  After 10 successful years in the business I’m embarking on yet another incredible opportunity.”

DiBlasi has spent the past seven years as Senior Leasing Director for Liberty Property Trust’s 4.2 million square foot Tampa portfolio of office, flex and industrial properties. Prior to joining Liberty he spent three years as a broker with Cushman & Wakefield.

Feldman also brings on board Financial Analyst Mahmoud Mihanyar a recent graduate of Hough Graduate School of Business at the University of Florida where he earned a Master of Science in Real Estate.

Prior to entering the program he managed a small construction company in Daytona Beach, FL. Mihanyar also attended the University of Florida’s College of Design and Construction earning a Bachelor of Design in Architecture.

“With his design and construction background Mahmoud brings a specific understanding to real estate finance,” said Feldman. “Lease transactions, development, acquisition…we plan on keeping Mahmoud busy.”  

Larry Feldman

Feldman Equities, LLC is the modern business entity that encompasses a century of success in commercial real estate development and ownership throughout the United States. 

Feldman Equities and its joint venture partners own or manage over four million square feet of Florida office space. Over the past 30 years, Feldman Equities has developed or acquired over eleven million square feet of office and retail properties with an aggregate value in excess of $3 billion.

Feldman Equities is a standout, recognized for its trademark, hands-on approach to turning around distressed assets. Feldman Equities is marshaled by its president and CEO, Larry Feldman.

Today, Feldman Equities is embarked upon an aggressive program to acquire underperforming office buildings in the greater Tampa Bay market. Typical candidates for acquisition are office buildings of over 100,000 square feet.

In addition to acquisitions, Feldman Equities is building from the ground up.  The company and its affiliates recently acquired the last piece of developable waterfront in the core of downtown Tampa.  Feldman and his partners will develop Riverwalk Tower, a 52-story office and luxury residential building along Tampa’s Riverwalk.  The tower will become the tallest building on the West Coast of Florida and is expected to dominate the Tampa skyline.

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


Kristen Larkin Joins FitzGerald Associates Architects As Associate Principal

Kristen Larkin

 CHICAGO, IL — Chicago-based FitzGerald Associates Architects, a leading national residential and commercial design firm, announced that industry veteran Kristen Larkin, ASID, has joined the firm as an associate principal.

For more than 15 years Larkin has designed a range of custom public spaces including multifamily developments, commercial offices, hotels, dormitories, K-12 and higher education facilities.

 In addition to her work designing interiors for many high-profile multifamily developers across Chicagoland, Larkin’s portfolio includes commercial and institutional commissions such as British International School of Chicago, The Salvation Army Freedom Center, DePaul School of Music, and corporate offices for IBM and @properties.

She has been responsible for the implementation of creative interior design solutions from the initial concept and planning phase through construction and furniture, fixture and equipment installation.

Mike De Rouin
“Kristen brings with her a high level of design talent and expertise that will immediately contribute to the FitzGerald team and complement the work we already do,” said Mike DeRouin, president of FitzGerald Associates Architects.

“Her experience within the firm’s core disciplines – as well as sectors in which we seek to expand – will be critical as we continue raising the bar on the interior design services we offer our clients.”

Previously, Larkin was the principal of interior design at Chicago-based Antunovich Associates. Prior to that, she worked under the tutelage of mentor Bonnie C. Smith for more than 10 years, eventually forming the partnership Smith & Larkin Interior Design in 2008.

“I am thrilled to join a firm with such a rich history and a progressive approach to building,” said Larkin. “By joining the FitzGerald team, I look forward to supporting the firm’s broad range of clients and services as we strive to make our projects not only beautiful but also functional, both inside and out.”

Larkin holds a BFA in interior design from Harrington College of Design.
high-rise residential buildings; commercial and industrial facilities; banks; restaurants;

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

Cara Mooses,, (312) 267-4523

Stepp Commercial Completes $4.21 Million Apartment Property Sale in Long Beach, CA

Robert Stepp

Long Beach, CA, Sept. 26, 2016 – Stepp 
Commercial, a leading multifamily brokerage firm in the Long Beach market, has completed the $4.21 million sale of a 22-unit apartment property located at 2333 to 2401 E. 5th Street in the Retro Row submarket of Long Beach.  

Robert Stepp, principal with Stepp Commercial, represented the seller, a private investor from Culver City, as well as the buyer, a private investor from Santa Monica. The closing cap rate was 3.8 percent and the price per unit was $191,000.  

Built in 1963, the property features 18 one bedroom units and four two-bedroom units with open floor plans. It offers a large central courtyard, on-site laundry, and 12 private garages. It is located within walking distance to the beach, Bixby Park, and the numerous shops and restaurants in the Retro Row area along 4th Street.

“The buyer is planning on investing $20,000 per unit for interior upgrades and enhancements and will also renovate the exterior areas. Once complete, the buyer will be able to secure market rental rates which are approximately 15 percent higher than what the property is currently seeing.”

Retro Row is a vibrant, bike-friendly area of Long Beach that stretches from between Cherry and Junipero. This district is home to more than 40 independent merchants as well as a restored 1920s Art Theatre which hosts a mix of first-run and art films, live concerts and other events.

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

Darcie Giacchetto