Sunday, March 18, 2018

Trez Forman Capital Group Closes $13.5 Million Construction Loan for Multifamily Community in Atlanta Area

Brett D. Forman
ATLANTA, GA –– Trez Forman Capital Group completed a $13.5 million construction loan to Greystone Development Partners, LLC. The company plans to develop a 115-unit townhome-style multifamily community with substantial amenities in the Atlanta suburb of Hiram.

For Trez Forman, a joint venture formed in 2016 by Palm Beach-based Forman Capital and Vancouver-based Trez Capital Group - one of Canada’s largest private commercial mortgage lenders, the latest transaction continues a busy stretch with numerous closed transactions. The venture is projected to complete more than $400 million in deals in 2018.

The construction loan closed on March 5.

“This is an exciting transaction for us, as Atlanta is a particular area of focus as we pursue new opportunities,” said Brett D. Forman, President and CEO of Trez Forman.

“As a former resident of Atlanta, I am deeply familiar with the strengths of the city and its business community,” said Forman. “Hiram is a suburban area that is experiencing rapid expansion and job growth, which should give this project a competitive advantage.”

Trez Forman provides commercial bridge loans for development and construction and senior stretch financing starting at $5 million. It also offers private and institutional investors equity investment opportunities in a variety of funds and assets.

Last month, the company closed an $85 million construction loan to a Fort Lauderdale joint venture that plans to develop 4 West LasOlas, a riverfront 260-unit luxury rental project with approximately 12,000 square feet of retail and 387 parking spaces.

In December 2017, Trez Forman completed a $74.8 million construction loan to Dallas-based developer Lincoln Property Co. for the 26-story Church Street Plaza project planned for downtown Orlando. That transaction followed a $23.15 million construction loan to Encore Capital Management for the redevelopment of a retail center in suburban Fort Lauderdale, Florida into a mixed-use project.

For more information, please contact:
Eric Kalis
Account Director, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road
Suite 320 | Fort Lauderdale, FL 33322

iPic Entertainment® Announces First Location to Open in Georgia

Hamid Hashemi
BOCA RATON, FL-- iPic® Entertainment (“iPic” or the “Company”) (NASDAQ:IPIC), creators and founders of iPic® Theaters and Tuck Hospitality Group Restaurants, announce the signing of their first Georgia lease in Midtown Atlanta. 

A nine-screen, 426-seat luxury iPic® theater, along with a 6,700-square-foot destination bar/restaurant is planned for a 2020 opening in North American Properties’ reimagined mixed-use destination, Colony Square.

“We have had our eye on the Atlanta market for five years now, and the Colony Square redevelopment project allowed us to launch the iPic brand experience into one of the top ten DMAs in the country," says Hamid Hashemi, President and CEO of iPic® Entertainment.

This market has consistently been heralded as one of the most walkable in the nation, making our ground-floor presence at Colony Square all the more impactful in delivering a quality entertainment, dining and experiential destination for arts and culture under one roof."

Chef Sherry Yard
iPic® Theaters will bring its revolutionary new theatrical escape to Colony Square in 2020.

Centrally located at the corner of Peachtree and 14th Streets in the heart of Midtown Atlanta, Colony Square is undergoing a major redevelopment that transforms the mixed-use pioneer, originally built in 1968, into an icon of another kind: A foodie haven, shopping destination and sophisticated business, residential and cultural hotspot that, like all great city squares, is alive with street-level energy and vibrant, urban experiences.

Mixologist Adam Seger
 iPic® will be the entertainment anchor of this unique project and deliver a superior affordable experience to the thriving Midtown community.

Upon completion, the reimagined Colony Square will comprise approximately 260,000 square feet of retail space, 262 luxury residences, 940,000 square feet of office space and a 466-room hotel.

David Weinert
 The iPic® site will also feature a destination restaurant designed and operated by three-time James Beard Award-winning Chef Sherry Yard to be announced at a later date. A full-service bar will offer an exclusive menu of handcrafted cocktails, presented by award-winning mixologist and master sommelier Adam Seger.

“After five years of searching for its first Georgia location, we are thrilled iPic Theaters, along with its incredible restaurant concept, has chosen to call Colony Square home,” said David Weinert, partner and senior vice president of leasing at North American Properties.

 “Known for its luxury seating, farm-to-glass cocktails, chef-driven cuisine and ‘ninja-like’ servers, this is a movie going experience unlike anything in Georgia. iPic perfectly aligns with our vision of bringing best-in-class, first-to-market concepts to the reimagined Colony Square, and we look forward to delivering this and more ‘retailtainment’ offerings that resonate with our community and enhance Midtown’s Living Room.”

James Beard
The new iPic® at Colony Square will bring a luxurious theatrical escape with nine auditoriums and seating between 40 and 60 in an intimate setting. In addition to viewing the latest Hollywood blockbusters, members and guests will be able to enjoy alternative content such as live shows including magic, comedy, along with gaming competitions and other iPic experiential ticketed events.

Guests will enjoy their experience in ultimate style in the comfort of iPic’s patent-pending Premium Plus fully reclining leather seating Pods that include courtesy personal pillows and blankets.

At the touch of a button, guests can summon ninja-like servers to deliver a signature dine in the dark menu by acclaimed three-time James Beard award-winning Chef Sherry Yard in addition to a farm to glass beverage menu by iPic Master Bartender and Advanced Sommelier Adam Seger. iPic®’s auditoriums will be equipped with 4K digital cinema technology and all seats may be reserved ahead of time on iPic’s proprietary reservation system by visiting or downloading the iPic app. 

Access iPic Membership Rewards®, iPic’s exclusive membership program will further enhance the iPic® guest experience by empowering iPic members to customize and build their brand experience via three levels of Access: -- Silver, Gold, Platinum—and a secret status level members can reach by invitation only.

Members will receive special members-only ticket pricing along with enhanced perks such as the ability to earn and redeem points on qualifying purchases, exclusive access to iPic® member events and the ability to purchase bulk iPic ticket packages.

 To become an iPic® member, please visit

For More Information, Please Contact:

Britni Johnson • The Wilbert Group 
Please note our new address:
1718 Peachtree St., Suite 1048 • Atlanta, Ga. 30309
M: 912-580-7241

Michelle Soudry, The Gab Group, 561.750.3500,
Colony Square/North American Properties 
Liana Moran, The Wilbert Group, 404-748-1367,