Wednesday, March 14, 2018

Former New York Mayor Rudy Giuliani to Keynote ADISA’s 2018 Spring Conference in Orlando, FL

Former New York City Mayor Rudy Giuliani

ORLANDO, FL — The Alternative & Direct Investment Securities Association (ADISA), the nation’s largest trade association representing the non-traded alternative investment space, announced Rudy Giuliani, 107th mayor of New York City (1993-2001), will be the keynote speaker at its 2018 Spring Conference in Orlando, Florida, March 26-28.

“Rudy Giuliani is a historic figure who made a vital impact on the lives of the American people as a federal prosecutor battling organized crime, to his transformational work as mayor of New York and his inspirational leadership following the terrorist attacks of September 11, 2001,” said John Harrison, executive director of ADISA.

 “We are pleased to have him as the keynote speaker for ADISA’s 2018 Spring Conference, which provides results-driven networking and education that is designed to help alternative and direct investment professionals grow their businesses. Mayor Giuliani is an exciting addition to our three-day program.”

Rudy Giuliani served as mayor of New York City from 1993-2001. While mayor, he focused on reducing crime, reforming welfare, and improving the quality of life. Giuliani was mayor during America’s worst terrorist attack in history on September 11, 2001 and was widely praised for his efforts to recover the city.

He was named “Person of the Year” by TIME magazine, knighted by the Queen of England, dubbed “Rudy the Rock” by French President Jacques Chirac, and was presented the Ronald Reagan Presidential Freedom Award by former first lady Nancy Reagan.

Jacques Chirac
During his term as mayor, overall crime was cut by 56 percent and murder was cut by 66 percent, making New York City, once considered the crime capital of the country, the safest large city in America according to the FBI. Prior to his tenure as mayor, Giuliani, was appointed the United States Attorney for the Southern District of New York by President Ronald Reagan in 1983, after becoming chief of the office’s narcotics unit at the age of 29.

ADISA’s 2018 Spring Conference is a three-day networking and educational event for the alternative and direct investment industry. 

Designed for all industry professionals who sponsor, analyze, market, distribute or sell alternative investments, the event is attended by broker-dealers, RIAs, family office professionals, registered representatives, due diligence officers, regulators, product sponsors, attorneys and more. 

Former President Ronald Reagan and wife Nancy
Educational session topics will include broker-dealer education, new and innovative alternative products, direct participation programs, Section 1031 exchange, RIA practice management, REITs, interval funds and more. Many educational sessions will qualify for continuing education credits. Approximately 50 event exhibitors will showcase their business at the conference. 

To learn more about ADISA’s 2018 Spring Conference, visit

For more information, please contact:

Jill Swartz
Spotlight Marketing Communications
949.427.5172, ext. 701 

Glen Weisberg Joins American Realty Advisors in Chicago

Glen S. Weisberg

LOS ANGELES, CA – American Realty Advisors (“ARA”), an institutional fund manager with more than $8.2 billion in assets under management, is pleased to announce that Glen S. Weisberg has joined the firm as Executive Vice President, Portfolio Management, Multi-Family Investments.
  In this role, Mr. Weisberg will develop and oversee the strategic and tactical multi-family investment plan. He will also work closely with the portfolio management team to direct acquisition and disposition efforts for multi-family assets within the core and value-add investment strategies of the firm. 

Kirk Helgeson
Kirk Helgeson, ARA’s Chief Investment Officer, commented, “Having Glen join the ARA team will be a huge asset to our firm. His level of experience and knowledge of the multi-family sector is unprecedented.  We look forward to the impact of Glen’s strong leadership and client-first approach to further bolster our multi-family team and our investment strategies moving forward.”
Mr. Weisberg brings to ARA over 28 years of experience in real estate investment management.  Most recently, he served as Executive Vice President, Chief Operating Officer of Hunt Investment Management, where he was a member of the company’s Board of Directors and Investment Committee. 

For more information, please contact:

Miki Akil / Lexi Astfalk for American Realty Advisors
 (949) 955-7940

Seventh Annual Spire Awards Event Featured Orange County, CA Real Estate Leaders

Linda Padilla-Smyth

Orange County, CA  – The Orange County chapter of Commercial Real Estate Women, CREW-OC, announced its annual SPIRE Awards recipients  March 14.  The event, held at the Samueli Theater in Costa Mesa, honored local commercial real estate leaders for Superior Performance In Real Estate over the past year. 

Eric Paulsen
“The SPIRE Awards ceremony celebrates our industry’s achievements and honors the very best and brightest in Orange County,” says Linda Padilla-Smyth, Director of Real Estate & Property Management at Chapman University and Co-Chair of the CREW-OC SPIRE Awards Committee.
 “This annual event - now in its seventh year - draws a larger crowd each year to recognize the outstanding work being done in our own community.”

Cheryl Osborne
This year’s event featured Eric Paulsen, Managing Principal at Cushman & Wakefield as Master of Ceremonies, and  Cheryl Osborn, President & Founder of Casco Contractors, as Keynote Speaker.

Celeste Brady
The SPIRE awards are judged by Orange County professionals who are recognized and respected in the commercial real estate industry.  Judges for this year’s event included:
·         Al Warot, Associate Vice President, Michael Baker International
  • Anna Pehoushek, Assistant Community Development Director, City of Orange
  • Celeste Brady, Attorney, Stradling Yocca Carlson and Rauth
Darlynn Morgan

  • Darlynn Morgan, Trust Attorney, Morgan Law Group
  • Jeff Moore, Senior Managing Director, CBRE, Inc.
  • Jinger Tapia, Principal of Design, Wale Malcomb
  • Maria Kutscher, Senior Vice President, Private Client Advisor, U.S Trust
  • Peter Weitzner, Editor, Orange County Business Journal
  • Steve Jones, Mayor, City of Garden Grove and President, Olympia Capital Corporation
  • Victor Van Zandt, CEO & President, Irvine Campus Housing Authority
For more information, please visit

Jinger Tapia
Commercial Real Estate Women of Orange County (CREW-OC) is a member organization of the national Commercial Real Estate Women Network and has been serving Orange County real estate professionals since 1988. CREW-OC is a non-profit organization established to promote and sponsor educational and professional activities for its members in the field of commercial real estate. 

Further information on the organization is available at

For more information on this news release, please contact:

                             Miki Akil / Jenn Quader-Brower Group
(949) 955-7940

HFF announces financing totaling $64 Million for Ace Hotel Chicago

Ace Hotel Chicago, 311 North Morgan Street, Chicago, IL

CHICAGO, IL – – Holliday Fenoglio Fowler, L.P. (HFF) announces financing totaling $64 million for Ace Hotel Chicago, a 159-key, recently opened, award-winning, Ace-branded hotel in Chicago’s Fulton Market district.

Timothy Joyce
The HFF team worked on behalf of the developer, Sterling Bay, to secure financing through LoanCore Capital and Ohana Real Estate Investors.  Loan proceeds will be used to refinance the construction financing.

Ace Hotel Chicago is located at 311 North Morgan Street across the street from Google’s new Midwest headquarters and three blocks from the future McDonald’s world headquarters in the burgeoning Fulton Market district in Chicago’s West Loop.

The seven-story boutique hotel, which opened in 2017, features a lobby restaurant and bar with an outdoor terrace, rooftop bar, private dining area with skylights, nearly 4,000 square feet of retail space, state-of-the-art fitness center, green roofs and terraces.

Jeff Bucaro
  Guests also benefit from walking-distance access to the neighborhood’s art galleries and critically acclaimed restaurants, as well as mass transit via the Morgan & Lake CTA station (Pink and Green lines) one block south of the hotel. 

HFF’s debt placement team included managing directors Timothy Joyce and Tony Malk, senior director Jeff Bucaro and associate Nicole Aguiar.

Sterling Bay is a Chicago-based developer, investor, builder and innovator of real estate.  The firm currently owns a portfolio of more than seven million square feet and actively invests in opportunistic and value-added real estate.

For more information, please contact:

HFF Public Relations Specialist
(713) 852-3500

BKM Capital Partners Acquires 160.943-SF Industrial Property in High-Performing Miramar Submarket of San Diego, CA

Brian Malliett

            SAN DIEGO, CA BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments, has acquired Activity Business Center, a 160,943 square-foot, five-building multi-tenant light industrial property in the Miramar submarket of San Diego, California. The industrial complex was acquired for $28.1 million.
            “Miramar is one of the highest performing industrial markets in all of San Diego,” says Brian Malliet, CEO and Co-founder of BKM Capital Partners. “The submarket currently outperforms many of the county’s industrial hubs, with an average industrial occupancy of 97.1 percent. This acquisition was an opportunity to acquire a high-quality multi-tenant industrial asset in an exceptionally strong market at competitive cost.”
BKM acquired the industrial complex approximately 39-percent below its replacement cost, according to Malliet.
“Our ability to source, acquire, and profitably operate light multi-tenant industrial product in markets across the western U.S. is what sets our firm apart,” explains Malliet. “We benefit from deep broker relationships and a heightened understanding of this sector, which creates opportunities to identify assets in strong markets below peak prices and create significant value for our investors.”

Brett Turner
Activity Business Center is currently 92.6 percent occupied with a diverse range of 38 different tenants. Average unit sizes are approximately 3,743 square feet, according to Brett Turner, BKM’s Director of Acquisitions.
“The property’s diversified tenant base and unit size will limit tenant rollover exposure by a single tenant,” explains Turner. “Based on the tightening Miramar market, we will also be able to quickly lease up remaining vacant space and grow rents over time. The in-place rents at the property are approximately 10-percent below market value, which will allow us to strategically increase NOI over the next few years.”
BKM Capital Partners plans to rebrand the multi-tenant industrial complex and implement a series of renovations including upgrades to the parking lot, exterior paint, landscaping, monument signage, lobby and the addition of a new outdoor common area.

Activity Business Center, San Diego, CA
“The seller initially acquired the property in 2015 and completed a series of cosmetic improvements,” says Turner. “We will capitalize on these upgrades, while creating deeper value by rebranding the asset and further modernizing the property to appeal to the region’s growing quality tenant base.”
            Turner adds, “Through our integrated property management approach and extensive expertise in the light multi-tenant industrial niche, we will also be able to immediately fix any operational inefficiencies, which will quickly drive increased cash flow for the asset and maximize long-term value for investors.”
Centrally located in close proximity to San Diego’s key transportation corridors including the I-15 freeway, SR-163, SR-52 and the I-805, Activity Business Center is located at 9235-9265 Activity Road and 9520-9530 Padgett Street in San Diego, California.
Cushman and Wakefield represented Lincoln Property Company as the seller in this transaction. BKM Capital Partners was not represented.

For more information, please contact:

Jordan Kruk /Lexi Astfalk
Brower Group
(949) 955-7940

NAI Realvest Negotiates Two Leases With Expanding Construction Company and Software Developer in Lake Mary, East Orlando, FL

Mary Frances West

 LAKE MARY, FL / ORLANDO, FL --- Mary Frances WestCCIM Vice President at NAI Realvest recently negotiated two lease agreements for Class A office space in Lake Mary and East Orlando.

West represented Landlord Interchange-FL Rouse, LLC in a new lease of 1,380 rentable square feet at University Court, 3361 Rouse Rd. near UCF in East Orlando.  Software developer The System Source, Inc. is the new tenant. 

The Adjutant Group, LLC renewed its lease and expanded into additional space for a total of 2,502 rentable square feet at Primera Court II, 735 Primera Blvd. Lake Mary.  Tenant provides construction services throughout the southeast.   West negotiated the transaction on behalf of Landlord Interchange Primera Court II, LLC of Daytona Beach. 

For more information , please contact:

Beth Payan, Larry Vershel Communications 407-644-4142

Palo Alto, CA Broker Adam Levin Named Top Multifamily Producer in the U.S.

Adam Levin
             PALO ALTO, CA Adam Levin, Senior Managing Director of Levin Johnston, has earned the award for top U.S. multifamily broker within Marcus & Millichap, a firm comprised of more than 1,700 professionals and 80 offices across the U.S. and Canada. This award recognizes the agent that produced the highest revenue for the company in the multifamily sector in 2017.
“The Levin Johnston team continues to focus on growing and sustaining the wealth of our clients through strategic and profitable multifamily investments. We now have the added distinction of my being named number one in our international company - an achievement that further proves our strength and abilities in the multifamily sector,” Levin notes.

Robert Johnston
 To attain the top spot for 2017, Levin completed 47 multifamily transactions throughout the Bay Area, reflecting a total transactional volume of $365,000,000.
“Through strategic investment advisory, deep knowledge of our regional multifamily market, as well as acquisition and investment sales expertise, we are fortunate to have an established track record of consistently delivering high returns to our Clients,” Levin explains.
 Levin Johnston, which is headed by Levin and his partner, Robert Johnston, has directed over $2 billion in multifamily transactions throughout the Bay Area market since inception. 
For more information, please contact:

Jordan Kruk / Jenn Quader 
Brower, Miller & Cole
(949) 955-7940