Saturday, November 30, 2019

Ware Malcomb Announces Construction is Complete on Sam Clar Office Furniture Corporate Office and Showroom in Concord, CA


Gary Drew

PLEASANTON, CA – Ware Malcomb, an award-winning international design firm, today announced construction is complete on the newly re-built Sam Clar Office Furniture corporate office and showroom located at 1221 Diamond Way in Concord, Calif.

Ware Malcomb provided architecture, interior design and civil engineering services for the project.

Founded in 1939, Sam Clar Office Furniture is one of the leading providers of commercial office environments in the Bay Area and is now owned and managed by the 4th generation of the Clar family.

Construction began last year on the renovation of the company’s 18,922 square foot facility, which was severely damaged in a warehouse fire on Thanksgiving Day in 2015. 

Rendering of rebuilt Sam Clar Office Furniture showroom, Concord, CA

“Although Sam Clar hasn’t missed a beat since the fire forced them to operate out of a different facility over the past couple years, it’s exciting for the company to return to this space that has been completely rebuilt to meet the needs of their customers and employees,” said Gary Drew, Regional Vice President of Ware Malcomb’s Pleasanton office. 

“This family-owned company can look forward to many more generations working out of their new, state-of-the-art corporate office and showroom.”

The General Contractor for the project is Vallee Construction.


CONTACTS:

Rachel Devany
VP Public Relations
 KCOMM for Ware Malcomb
:
Maria Rodgers, Public Relations Manager 949.660.9128, mrodgers@waremalcomb.com


Maureen Bissonnette, Associate Principal, Marketing, 949.660.9128, mbissonnette@waremalcomb.com



Ware Malcomb Pleasanton

4683 Chabot Dr #300
Pleasanton, CA 94588

p. 925.244.9620  


Ware Malcomb’s Design video at youtube.com/waremalcomb.

Marshall Hotels & Resorts Assumes Management of 148-Room Best Western Plus University Inn & Conference Center in Clemson, SC


Best Western Plus University Inn & Conference Center
 
1310 Tiger Boulevard, Clemson, S.C.

CLEMSON, SC — Marshall Hotels & Resorts, a leading hotel management and services company that operates properties nationwide, announced that it has taken over management of the 148-room Best Western Plus University Inn & Conference Center in Clemson, S.C. 

The hotel recently was purchased by Medalist Diversified REIT, a real estate investment trust specializing in value-add commercial real estate. 

To celebrate the occasion, Marshall hosted a grand re-opening event where the hotel’s new dining concept, Tiger Blvd. Bistro, was unveiled. 

Mike Marshall

“The Best Western Plus University Inn & Conference Center, with its proximity to Clemson University and its ability to better weather economic ‘hiccups,’ is an ideal addition to our growing, nationwide portfolio of third-party managed hotels,” said Mike Marshall, president and CEO, Marshall Hotels & Resorts.

“This marks our 15th university-hotel, a specialty of ours, as well as our 14th conference center hotel.  This type of hotel requires a unique touch, and we look forward to helping the property improve both its guest satisfaction scores and bottom line for the new owners.”

Located at 1310 Tiger Blvd., less than one mile from Clemson University, the four-story hotel also provides 6,200 square feet of conference meeting space. 

“General Manager Kathryn Campbell,native of the Upstate with strong ties to the local community, is returning to the Clemson marketplace after a six year absence operating numerous, award-winning hotels across the country,” Marshall added.
          
 -
 Contact:

CHRIS DALY
PRESIDENT
DALY GRAY PUBLIC RELATIONS, INC.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553



Top Producing Orlando Realtor Team Joins Regal | Christie’s International Real Estate


Harif Hazera

ORLANDO -- Regal | Christie’s International Real Estate announced that Harif Hazera and Chad Isenhart – known as the “Hazera Team” – joined the firm’s Winter Park office.

Team Leader Hazera who is fluent in Spanish has been in Central Florida since 1989 and has four years of experience in luxury residential sales. Negotiating a $50 Million deal during his former career in the gas and oil industry prompted Hazera to transfer his talent to high-end properties. 

His sales volume soon skyrocketed and while most recently with Berkshire Hathaway Florida Realty he achieved $20 Million in sales for 2019, and has “some significant sales in the pipeline,” he says.

Chad Isenhart
Isenhart grew up in Florida and prior to entering real estate worked in Lockheed Martin’s defense department where he gained a strong background in finance, accounting and contract negotiations. 

Isenhart was also with Berkshire Hathaway when he teamed up with Hazera as he was inspired by his business acumen and creativity, and “We both have the same drive and entrepreneurial spirit.” 

Patrick Gould

The Hazera Team agrees that by joining Regal | Christie’s they will gain the benefit of international reach and worldwide recognition of the prestigious brand.

Patrick Gould, Regional Sales Manager at Regal | Christie’s, said the Hazera Team will assist buyers and sellers throughout Regal | Christie’s five Central Florida offices including Winter Park, Orlando, Lake Mary, Celebration and Clermont.

Regal | Christie’s hires the industry’s top-performing agents to provide buyers and sellers of luxury real estate an unparalleled level of customer service.


CONTACTS:

Harif Hazera, The Hazera Team, Regal | Christie’s International Real Estate, 407-953-9176 or harif@thehazerateam.com

Patrick Gould, Regional Sales Manager, Regal | Christie’s International Real Estate, 407-770-8470 (call/text) or Patrick@RegalRealtyOrlando.com
    
Chris Christensen, Broker/Owner, Regal | Christie’s International Real Estate, 407-312-8003 or Chris@RegalRealtyOrlando.com

Beth Payan, Larry Vershel Communications Inc., 407-644-4142, 407-461-3781 or beth@larryvershel.com 

Henin Group Makes Entry into Lake County with Plans to Develop Stokes Groves Community in Tavares, FL

         
Jerome Henin

Tavares, FL - Henin Group, developer of the award-winning Riviera Bella luxury riverfront community in DeBary, has secured 34+/- acres located off David Walker Drive in Tavares to develop Stokes Groves, a single-family home community with 115 homes.
Jerome Henin, president said the land under contract with Stokes Groves of Eustis, Inc. has undergone traffic studies this year, has been rezoned and received PSP (Preliminary Subdivision Plan) approvals before now proceeding with final engineering construction permits.

Riviera Bella community, DeBary, FL
Henin engaged engineers Booth Ern Straughan & Hiott (BESH) of Tavares for the preliminary work, and he anticipates infrastructure and site development could begin by Q2 of 2020. 
Up to 115 homesites in 60-foot widths are proposed for the subdivision including 10 waterfront lots on Lake Elsie .
Three and four-bedroom single-family homes in Stokes Groves ranging from approximately 1,800 to 2,200 square feet of living area will be built by Henin Homes and/or another preferred builder to be selected.
“We’ve been waiting for the right opportunity in Lake County ,” Henin said.  “The demographic of homebuyers moving into this growing area is well suited for the product we will be offering.” 

Lake Elsie, Tavares, FL
Homes at Stokes Groves will be designed for first-time homebuyers, move-up buyers who need more space and empty nesters.   Among amenities featured at the community will be access to Lake Elsie .
Tavares is home to seven recreational and nature lover parks and the largest one - Wooten Park , which features regular events - is just minutes from Stokes Groves.
Easy access to the 429 Expressway, US 441, and SR 46, gives Stokes Groves residents proximity to everything Orlando and Central Florida have to offer.  “The access and capacity of the roads in and out of Tavares is great and homeowners will be 30-40 minutes from Orlando ,” Henin explained.
      
CONTACTS:

Jerome Henin, Founder / President, Henin Group, 
386-668-7811  jerome@henin-co.com

Beth Payan, Larry Vershel Communications, 407-644-4142
 or 407-461-3781; beth@larryvershel.com

Thursday, November 28, 2019

Trion Properties Grows Portfolio in Bay Area with Acquisition of 84-Unit Multifamily Community in Newark, CA


The Meadows, an 84-unit multifamily community, 
35750 Bettencourt Street, Newark, CA

Newark, CA – Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, has expanded its Bay Area portfolio with the acquisition of The Meadows, an 84-unit multifamily community located in Newark, California for $27.5 million.


Max Sharkansky
South East Bay cities have benefited from a Silicon Valley spillover, and the region is experiencing unprecedented population growth and employment boom, according to Max Sharkansky, Managing Partner at Trion Properties.

 “Newark has become one of the fastest-growing cities for top tech businesses to either expand or relocate,” explains Sharkansky. 

“With Facebook recently announcing that it will be leasing nearly 1.5 million square feet within two miles of The Meadows, the area is positioned for further growth and resident demand. 

"The asset fits into our investment strategy seamlessly, based on the strong location and potential for upgrades to enhance the quality of this product.”

Along with Facebook, Tesla, Amazon, HP, Sysco, Boston Scientific, Logitech, and other major firms have offices in the immediate neighborhood.

Sharkansky also notes that while Newark has experienced significant growth in the recent years, the average rental rates remain an attractive value alternative to many neighboring Bay Area cities, which will continue to drive potential renters to the city.

Andrew Lucas
“We immediately recognized the long-term appeal of this property to residents across demographics,” explains Andrew Lucas, Director of Capital Markets at Trion Properties. 

“The Meadows is strategically situated between Oakland and San Jose, with close proximity to other major cities including Palo Alto and San Francisco, offering prime access to jobs and social activities. The apartment community is also located near excellent area schools, adding to its desirability.”

The property, built in 1966, will undergo extensive renovations and a rebranding, according to Farhan Mahmood, Managing Director, Acquisitions at Trion Properties.

“This acquisition is an opportunity to implement our proven value-add renovation strategies to modernize the community and bring rents up to market,” states Mahmood. 

“We will leverage our experience in the East Bay and current portfolio, including multifamily properties in Fremont, San Leandro, and Hayward, to optimize the asset’s appeal and efficiencies.”

The Meadows features a mixture of one-, two- and three-bedroom units, all with private patios or balconies and walk-in closets.

Farhan Mahmood
According to Mahmood, Trion Properties plans to makeover units with stainless steel appliances, quartz countertops, vinyl plank flooring, new cabinetry, Bluetooth locks, upgraded bathroom vanities, and in-unit washers and dryers. Exterior upgrades will include landscaping and new signage to reflect the rebranding.

            The Newark Community Center Park and Lakeshore Park are easily accessible to the property and offer walking trails, picnic areas, and tennis courts for public use.

 Further, The Meadows is located within a 15-minute walk of a Sprouts, plus several other local retailers and restaurants.

Contacts:

Micaela Fehrenbach / Elisabeth Manville
Brower Group
(949) 438-6262


JLL arranges sale, financing of Dallas-area apartments


The Palace, a 280-unit, garden-style apartment community, 1601 Regency Court, Arlington, TX
DALLAS, TX – JLL announced  it has closed the sale of and arranged financing for The Palace, a 280-unit, garden-style apartment community located in Arlington, Texas.

JLL marketed the property exclusively on behalf of the seller, MBP Capital, Inc., and procured the buyer, Raven Multifamily. 

Cathy Finn
Additionally, JLL worked on the new owner’s behalf to secure a 12-year, fixed-rate Fannie Mae acquisition loan. The loan will be serviced by Jones Lang LaSalle Multifamily, LLC, a Fannie Mae DUS lender.


Mike Phillips
The Palace is located at 1601 Regency Court with visibility along Pioneer Parkway and Arkansas Lane in the Dallas-Fort Worth area’s Central/South Arlington submarket. 


 Deverick Jordan
Originally constructed in 1971, the 12-building, two-story property has recently undergone major renovations, including new signage, exterior improvements and the addition of numerous common area amenities such as a swimming pool, new leasing/management office and laundry rooms. 

Other amenities include a courtyard with barbecue grills, large patios and balconies and walk-in closets. The Palace offers seven spacious floor plans averaging 893 square feet, which range from one- to three-bedroom configurations. The property was 96.4% occupied at closing.

Art Barnes 
The JLL Capital Markets team representing the seller included Vice Presidents Art Barnes and David Godvin and Executive Vice President Jorg Mast.

JLL’s Capital Markets debt placement team representing the new owner included Executive Vice President Deverick Jordan, Vice President Andrew Speer, Manager Clint Hoelscher and Analyst Donovan Collins.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. 


David Godvin 

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.
  
Agency/GSE lending and loan servicing are performed by Jones Lang LaSalle Multifamily, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated. 

Loans made or arranged in California are pursuant to a California Financing Law license.


About MBP Capital, Inc.:

MBP Capital, Inc. (“MBP”) was founded by Mike Phillips and Cathy Finn (collectively, the “Key Principals”) in 2006 to focus on the acquisition and investment management of multifamily residential properties, located predominantly in Texas and Colorado. 


Jorg Mast
The Key Principals of MBP have been involved in over 250 successful brokerage transactions, the ownership of over 5,000 multifamily units and the management of over 30,000 Class A, B and C multifamily units in Colorado and Texas.

MBP is a private multifamily investment manager with strong experience and presence in major metropolitan markets in Texas and Colorado. 

MBP is a vertically integrated real estate investment firm, with a property management subsidiary that provides management services to MBP properties totaling approximately 3,000 units across Dallas-Fort Worth and San Antonio. 

Contact:

 Olivia Hennessey
 JLL Public Relations Specialist 
Phone: +1 713 852 3403
Email: Olivia.Hennessey@am.jll.com



Wednesday, November 27, 2019

America’s Favorite Baby-Boomer Model: Cheryl Tiegs’ Beautiful Home on the Market for $18.5 Million


The 4,770-square-foot house in Bel Air, CA has five bedrooms and  five baths

Photo credit: Adam Latham       Source: www.jademillsestates.com

Cheryl Tiegs

BEL AIR, CA -- Cheryl Tiegs was America’s favorite model in the 1970s and ‘80s as the three-time cover girl for Sports Illustrated swimsuit issues, four-time covers on People and three times at Time.

Her ‘70’s posters in a white fishnet bathing suit and then her pink bikini photo solidified her role as America’s first baby-boomer supermodel.

 Almost as beautiful as Cheryl, her Balinese-style Bel Air home is for sale at $18.5 million, according to TopTenRealEstateDeals.com.


Alphonzo Bell Sr.

Tiegs’ enclave is situated on 1.43 lush acres behind gates that open to a long drive giving privacy and entrance into something that feels much more like the deep tropics than suburban Los Angeles.
Perched on a promontory with 180-degree views, it is awash in palm trees, huge Monstera vines and tropical flowers throughout the home’s landscape and pathways.


Jennifer Aniston
 The house itself is a study in bold natural elements, textures and colors from fabrics, floors, dark-wood beams, glass walls opening to vegetation and stunning views.

Jay-Z 
The 4,770-square-foot house has five bedrooms, five baths, chef’s kitchen with large butcher block island, huge open spaces for entertaining both inside and out, a wine cellar, pool, guest house and three-car garage.

Cheryl began modeling when she was 17 appearing on the covers of Glamour, Seventeen and Elle.

Beyonce
 Her fresh-faced beauty inspired teenaged girls and young women to buy her beauty book, The Way to Natural Beauty, in the hope that they would discover some wonderful secret that would turn them into glamour girls too.

Ahead of her time and a natural entrepreneur, Cheryl was noted for being first at many things we take for granted today including the first model to start a signature line of clothing and accessories, which were sold exclusively at Sears.

Tiffany Mills 

During the 10-year life of that business, almost a billion dollars of her merchandise was sold.

With her modeling career taking her all over the world, Cheryl was able to pick from her own experiences how she wanted to live.
When it came time to buy her own home, she found solace and inspiration in the Balinese way of life and duplicated that environment in her own Southern California home.
Bel Air was originally developed in the 1920s by oilman and tennis-champion Alphonzo Bell Sr. intended as something similar to Beverly Hills but without the celebrities.


Jade Mills
 Despite Alphonzo’s plans, celebrities who now make Bel Air home include Cheryl, Jennifer Aniston, Jay-Z and Beyonce.
Also not far from Cheryl’s home is a 1930’s Bel Air estate that is the most expensive home currently for sale in the United States at $225 million.
Jade Mills and Tiffany Mills of Coldwell Banker Global Luxury, Beverly Hills are the listing agents for the Tiegs property.

CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504

Twitter:  @toptenrealestat
facebook.com/toptenrealestat 


Regis Philbin’s Connecticut Mansion For Sale at $4.6 Million


Regis Philbin's 2.6-acre mansion in Greenwich, CT has six bedrooms and nine baths
  
Photo credit: Steve Rossi Photography for Sotheby’s International Realty


Regis Philbin

Greenwich, CT -- At age 88, Regis Philbin has had one of the most successful and long-lived careers as a game-and-talk-show host who, after graduating from his beloved University of Notre Dame and a stint in the Navy, began his television career as an announcer on The Tonight Show, a talk-show in San Diego and in 1967 as Joey Bishop’s sidekick on The Joey Bishop Show.


     Joy Philbin

According to TopTenRealEstateDeals.comRegis worked nonstop from coast to coast including Los Angeles, St Louis and New York as America’s favorite conversationalist until he retired from Live! With Regis and Kelly in 2011.


Joey Bishop
 He has resided on the East Coast for decades close to the New York television studios, but has recently put his Connecticut home on the market so that he and wife, Joy, can move to California to be closer to their children.


Kathie Lee Gifford

 The mansion is priced at $4.595 million, 36% less than what he paid for it almost a decade ago.

Located in Greenwich, the estate sits on 2.59 acres in a lushly green neighborhood among other similar-sized homes.
 Measuring in at 13,661 square feet, there are six bedrooms and nine baths.


 Kelly Ripa
Elegantly decorated, the English Manor-style home is both impressive for entertaining but also has the warmth of atmosphere and livability that makes it a fine family home for day-to-day living.


Joseph Barbieri 
 Indoor features include the formal living and dining, a large eat-in kitchen, mahogany-paneled library, home theater, family room, sunroom, billiards room, large gym, sauna, wine cellar and tasting room that includes a full bar. There are a total of seven fireplaces.


Outside are expansive manicured lawns and mature trees, shrubs and gardens with swimming pool, spa and tennis courts. Terraces provide excellent space for entertaining or privately enjoying the sunshine.



The gated drive ends at garages that can house five cars with plenty of additional open parking for guests.
Philbin was host of the popular Who Wants to be a Millionaire, Million Dollar Password, and was a judge on the first season of America’s Got Talent.


He hosted the daytime talk show Live! With Regis and Kathie Lee and later with Kelly Ripa which he hosted for almost 28 years.

 In 2004, he set a Guinness World Record for most on-camera hours of 15,188 for that year.



After 56 very active years on television, Regis and wife, Joy, are selling their much-loved Greenwich, Connecticut home asking $4.595 million.
The listing agent is Joseph Barbieri of Sotheby’s International Realty, Greenwich Brokerage.
 CONTACT:

Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone:  434-480-4504

Twitter:  @toptenrealestat
facebook.com/toptenrealestat