Tuesday, April 10, 2018

Select Capital Corp. Expands National Accounts Team with Hiring of Laurie Levassar and Michelle Moore


Laurie Levassar
 LADERA RANCH, CA – Select Capital Corporation, the dealer manager for private offerings and public non-traded real estate investment trusts sponsored by SmartStop Asset Management, LLC, announced the company has hired Laurie Levassar and Michelle Moore as directors of national accounts. 

Levassar and Moore will be responsible for developing strategic partnerships with broker-dealers and building the selling group for Select Capital Corporation nationwide. 

“We are pleased to welcome Laurie and Michelle, who each bring to the firm a strong background and many fruitful relationships in the broker-dealer industry,” said H. Michael Schwartz, chief executive officer of SmartStop. “Their history of success and deep understanding make them valuable additions to our team.”

Levassar brings 19 years of experience to her role at Select Capital Corporation. Prior to joining the company, she served as vice president of strategic accounts with NorthStar Securities, where she was responsible for expanding distribution and strengthening the firm’s broker-dealer relationships on the West Coast and central region.
Michelle Moore

Levassar earned a bachelor’s degree from Texas A&M University. 

Moore, who has 17 years of experience, previously served as senior vice president, national accounts for SC Distributors. She was responsible for building and managing ongoing relationships with broker-dealer partners and providing sales, marketing and due diligence support for its registered investment products.

H. Michael Schwartz
 Moore earned a bachelor’s degree from the University of California, Davis and an M.B.A. from Pepperdine University. She serves on the education and women’s initiatives network committees for the Investment Program Association. 

Additional information regarding SmartStop is available at www.SAM.com. More information regarding SmartStop® Self Storage in the United States and Canada is available at 
www.smartstopselfstorage.com.

 For more information, please contact:

Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703

julie@spotlightmarcom.com

HFF hires Rick Salinas as a director in its San Francisco office


Rick Salinas

SAN FRANCISCO, CA –– HFF announced Rick Salinas has joined the firm as a director focused on multi-housing debt and equity placement transactions in its San Francisco office.

Mr. Salinas has more than 15 years of experience in commercial real estate finance and joins HFF from Berkadia where he was a senior director in their Mortgage Banking office focused on multifamily loan production in the Western region with an emphasis on GSE, life company and bridge lending. 

 Previously, Mr. Salinas worked for 10 years at Wells Fargo with positions in the Multifamily Capital Group and the Capital Markets Group.  Mr. Salinas is a board member of the Bay Area Mortgage Association and a member of Urban Land Institute and CCIM.  He is a Bay Area native and studied at the University of San Francisco and San Francisco State University.

Charles Halladay
“The addition of Rick marks our continued strategic growth initiative in San Francisco through hiring best-in-class producers while maintaining the great culture we have as a firm,” said Charles Halladay, senior managing director and co-head of HFF’s San Francisco office. 

 “We are tremendously excited to have Rick as part of our team to continue the growth of our multi-housing business and to provide value to our clients.”

Holliday GP Corp. ("HFF") is a real estate broker licensed with the California Department of Real Estate, License Number 01385740.

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. 

HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. 

Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF).  

For more information please visit hfflp.com or follow HFF on Twitter @HFF.

For more information, please contact:

KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990
krmurphy@hfflp.com

Ackerman & Co. Hires Veteran Commercial Real Estate Broker Chris Miller as Senior Vice President in Industrial Services Group



 
Chris Miller

ATLANTA, GA As Ackerman & Co. continues to expand its Atlanta industrial portfolio, the firm has tapped veteran commercial real estate broker Chris Miller as a senior vice president in its Industrial Services group with a focus on the leasing and sales of Ackerman-owned properties. He will also provide third-party and tenant representation services.

“Chris has deep experience as a commercial real estate broker and an outstanding track record of leasing high-profile industrial and office properties, as well as representing tenants in major lease transactions across Atlanta and the Southeast,” said Brett Buckner, senior vice president and leader of Ackerman’s Industrial Services team. “He’ll be an excellent addition to our industrial group.”

Prior to joining Ackerman, Miller was a vice president at NAI Brannen Goddard, where he represented tenants and landlords in leasing and sales transactions, and represented seven ownership entities in a 2.4-million-square-foot office, industrial and flex portfolio. He also was a senior marketing and leasing manager at First Industrial Realty Trust and a leasing manager at Parthenon Realty LLC.

Brett Buckner
In the past three years, Ackerman & Co. has developed and acquired nearly 6 million square feet of industrial space in the Atlanta market. 

The firm just announced it will develop Rockdale Technology Center in the I-20 east submarket, a business park that will ultimately offer up to 1 million square feet of Class A industrial space, and Uline Inc. recently occupied the firm’s 1-million-square foot Braselton Logistics Center in Braselton, Ga. 

The firm’s recent acquisitions include the 69-property, 4.1-million-square-foot Stone Mountain Industrial Park; a four-building, 217,089-square-foot portfolio in Lavista Business Park; and three distribution facilities totaling 274,791 square feet in Westgate Business Park.

  
For more information, please contact:

Steve Webb (swebb@ACKERMANCO.NET)

HFF announces financing for 26-unit apartment complex in Houston, TX CBD


1218 Jackson Apartments, Montrose Neighborhood, Houston, TX

HOUSTON, TX – April 5, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces financing for 1218 Jackson, a recently renovated, 26-unit, garden-style apartment complex in Houston’s Montrose neighborhood.

The HFF team worked on behalf of Jackson Complex LLC to arrange a seven-year, fixed-rate Freddie Mac small balance loan.  The borrower has been investing in apartments and other commercial properties in the Midtown and Montrose neighborhoods for several years.

1218 Jackson is situated just off Waugh Drive to the west of Montrose Boulevard.  The property’s central Houston location places it near multiple dining, entertainment and lifestyle amenities in the immediate and surrounding neighborhoods. 

 Originally constructed in 1962, the three-building property underwent a complete renovation in 2016.  1218 Jackson comprises 25 one-bedroom units and one two-bedroom unit, each containing in-unit washers and dryers.  The property is 100 percent occupied.
Kelly Layne

The HFF debt placement team representing the borrower included senior director Kelly Layne.

“Smaller garden-style apartments in the Midtown and Montrose neighborhoods are vanishing at a rapid pace making way for townhouse development and larger Class A apartment complexes,” Layne said. 

 “As a result, affordable workforce housing proximate to downtown is in short supply and demand is high since young professionals working downtown and in the Greenway area are choosing to live close to work within the Inner Loop’s walkable, amenity-rich neighborhoods.”

  
For more information, please contact:

OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3500


HFF announces sale and financing of grocery-anchored retail center in Dubuque, Iowa



Warren Plaza, Dubuque, Iowa       Photo by John Sullivan


CHICAGO, IL –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of and acquisition financing for Warren Plaza, a 96,310-square-foot, grocery-anchored shopping center in Dubuque, Iowa.  

Amy Sands

The HFF team marketed the property for the seller, Brixmor Property Group.  The DESCO Group purchased the asset.  Additionally, working on behalf of the new owner, the HFF team arranged a fixed-rate loan to finance the acquisition.

Clinton Mitchell
Anchored by a market-dominant Hy-Vee grocery store, the 90.5-percent-leased Warren Plaza is also home to Super Cuts, Video Games Etc!, Miracle Ear and Great Dragon Restaurant in addition to Chick-fil-A, which is on a ground lease. 

The center is shadow-anchored by the only Target within 75 miles.  Situated on 13.33 acres at 3500 Dodge Street, Warren Plaza is located along the highly trafficked U.S. Highway 20 retail corridor in Dubuque, an Iowa community at the intersection of Iowa, Illinois and Wisconsin. 

The center draws from an expansive trade area that includes all three states and about 157,261 consumers.  Additionally, the center is across the street from Kennedy Mall, the only super regional mall within 90 miles.

Jules Sherwood
The HFF investment advisory team representing the seller included senior directors Amy Sands and Clinton Mitchell along with managing director Jules Sherwood, a licensed Iowa real estate broker.

The HFF debt placement team included director Christopher Knight.
  
For more information, please contact:

KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420