tag:blogger.com,1999:blog-40277802895984806452024-03-18T22:49:39.994-07:00Done DealsGood morning, Friends: This is your Free site to publish daily real estate-related news releases. The releases may be edited for length. Photos in JPEG or GIF format will also be considered. There is no charge. Please send all material, photos and queries to: alexfinkelstein@aol.com.Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.comBlogger22723125tag:blogger.com,1999:blog-4027780289598480645.post-36688864482640167202024-03-18T22:48:00.000-07:002024-03-18T22:48:44.663-07:00Tuskegee University selects JLL as its facilities maintenance provider for HBCU’s 100 buildings on the 5,000-acre campus in Tuskegee, AL<p> <span style="background-color: white; color: #1d2228; font-family: Helvetica; font-size: 8pt;"> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibUrr0-TVJ7pwB9h6UszKDEETnHRkYfj7nxOJxrSJfJ8TIHy269Yjiu-Dp9fy4EHCqcvaXQvztdsRXncqgHhJgly45qrrd51DbbiZp6fFdsIeruN2wveYFzjXQ6QdpUrJJj2NxS_xqKqYE8X_C460Y_Z3diatsoze-SLyZuUeOroL1FhqKXg-geSRl9dZG/s333/Allysia%20Kizzee.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="333" data-original-width="244" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibUrr0-TVJ7pwB9h6UszKDEETnHRkYfj7nxOJxrSJfJ8TIHy269Yjiu-Dp9fy4EHCqcvaXQvztdsRXncqgHhJgly45qrrd51DbbiZp6fFdsIeruN2wveYFzjXQ6QdpUrJJj2NxS_xqKqYE8X_C460Y_Z3diatsoze-SLyZuUeOroL1FhqKXg-geSRl9dZG/w468-h640/Allysia%20Kizzee.jpg" width="468" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Allysia Kizzee</b></td></tr></tbody></table></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">CHICAGO, IL, Mar.18, 2024 – JLL
announced today that </span><a href="https://www.tuskegee.edu/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span lang="EN-US" style="color: #0563c1; mso-ansi-language: EN-US;"><span style="outline: none !important;">Tuskegee
University</span></span></span></a></span><span style="outline: none !important;">, a
private, </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">historically black land grant
university, </span><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">has </span><span style="outline: none !important;">selected
JLL to provide integrated facilities management (IFM) services for its
5,000-acre campus in Tuskegee, Alabama.</span></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">Tuskegee University
is the only Historically Black College and University (HBCU) designated a
National Historic Site. As of </span><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">March 1, JLL’s Education IFM team is
responsible for </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">maintaining and preserving the
university’s grounds and 100 buildings housing more than 1.7 million square
feet.<o:p></o:p></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><b><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt;">De’Von Williams</span></b><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt;">, Executive Director, Solutions Development, and <b>Reginald Adams</b>, Senior Vice President, Education Operations, with JLL worked with Tuskegee University during the selection process, and <b>Allysia Kizzee</b> Director of Facilities, leads the on-site JLL team.</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><o:p></o:p></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijzu0mtZYZ6qwuNSKbLasOBv9sTAQcHQQexunPiJqetD4ucouYALV30-csWx6c6Hx5i2olTKpXcDYrbh2Qdlls-VrFN84OHcjveKQqR9_Jxn9Ddm7IEwEnI82AxdIElG_mRKsMoFjffA-k6-TPYr1-bs6ofDnAkx5GF5t_Hh5CxJ4rd5i8SjVG4lGYq9sW/s298/De%E2%80%99Von%20Williams.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="298" data-original-width="219" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijzu0mtZYZ6qwuNSKbLasOBv9sTAQcHQQexunPiJqetD4ucouYALV30-csWx6c6Hx5i2olTKpXcDYrbh2Qdlls-VrFN84OHcjveKQqR9_Jxn9Ddm7IEwEnI82AxdIElG_mRKsMoFjffA-k6-TPYr1-bs6ofDnAkx5GF5t_Hh5CxJ4rd5i8SjVG4lGYq9sW/w470-h640/De%E2%80%99Von%20Williams.jpg" width="470" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="text-align: left;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt;">De’Von Williams<br /><br /></span></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">“We are thrilled to embark on this transformative journey with Tuskegee University,” Williams said. “Our new relationship is not just a contract; it’s a dynamic alliance that propels us into the future of innovation, collaboration and shared success.”</span></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> </span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">JLL’s goal is to provide a
best-in-class, holistic equipment system and maintenance program on which Tuskegee’s </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">approximately
2,800 students, 807 employees and numerous visitors can rely<span style="outline: none !important;"></span><span lang="EN-GB" style="font-size: 16pt;">.<o:p></o:p></span></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> To achieve this, JLL is
deploying cutting-edge technology, including Corrigo, to efficiently manage and
monitor tasks while simultaneously driving savings for the university.</span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRbXmzkLFtnxmfQUqp0NmW5ggQrZJXvZb4rDULaJ3tvP2Lh1RpIr1gbvY7jVGsvDjzCuinX4APD3bYOiGtAZw16WbRa_6SVnW7LPzr11XGGyZaGELXf98Gx-SEYRGkgd-asoYXe6z2RhQW4HB61wq-QspUBCXRLQLz_cO0BCATWqVSNpSmBPfXTMpEOt8K/s260/Reginald%20Adams.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="260" data-original-width="260" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRbXmzkLFtnxmfQUqp0NmW5ggQrZJXvZb4rDULaJ3tvP2Lh1RpIr1gbvY7jVGsvDjzCuinX4APD3bYOiGtAZw16WbRa_6SVnW7LPzr11XGGyZaGELXf98Gx-SEYRGkgd-asoYXe6z2RhQW4HB61wq-QspUBCXRLQLz_cO0BCATWqVSNpSmBPfXTMpEOt8K/w400-h400/Reginald%20Adams.jpg" width="400" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Reginald Adams<br /><br /></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The services JLL is
providing includes </span><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">building engineering; electrical,
elevator and HVAC maintenance; fire and life safety; landscaping and grounds
maintenance; and janitorial, waste disposal, and recycling services. </span></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">JLL will also implement
a pilot training program with the city of Tuskegee and Macon County School
District, resulting in a pathway to employment, along with committing 100% of
proposed subcontracted dollars to minority business enterprises. <span style="outline: none !important;"><o:p></o:p></span></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSRS7GpCa8o1brD1Z4ZRyWX3WPLSt968a_fTR3FBNAgW0WDs56ZR9oRwH4wfZdti9t9tDo-oZnTVAm5XyupVu6VAdpzPVOzdx22DgazgIukmGYFfHaEv7_eVLXgOm7R1jVhgj0dtWoskkp7ekAB2qUmg1GdcqaRQc0lShGOrEaHmO665rS-1zASfnnfuEQ/s252/Marcus%20Dean%20USE.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="252" data-original-width="211" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSRS7GpCa8o1brD1Z4ZRyWX3WPLSt968a_fTR3FBNAgW0WDs56ZR9oRwH4wfZdti9t9tDo-oZnTVAm5XyupVu6VAdpzPVOzdx22DgazgIukmGYFfHaEv7_eVLXgOm7R1jVhgj0dtWoskkp7ekAB2qUmg1GdcqaRQc0lShGOrEaHmO665rS-1zASfnnfuEQ/w335-h400/Marcus%20Dean%20USE.jpg" width="335" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Marcus Dean<br /><br /></b></td></tr></tbody></table><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">“</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Tuskegee
University is excited to partner with JLL in providing full<span style="outline: none !important;"></span><span lang="EN-GB" style="font-size: 16pt;">-</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">service, comprehensive and professional
building management services to maintain and to preserve the grounds and
buildings on the campus of Tuskegee University<span style="outline: none !important;"></span><span lang="EN-GB" style="font-size: 16pt;">,” said <b>Marcus Dean</b>, Associate
Vice President of Facilities and Construction with the university.</span></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">JLL is the premier
provider of strategic real estate advisory for local, state, national and
federal governments as well as public and education institutions.<o:p></o:p></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> Its national team covers the entire real
estate lifecycle from strategy, public-private partnerships, facilities
management and sustainability services to transaction and project management. <o:p></o:p></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span style="color: #5b9bd5; font-family: Arial; font-size: 16pt;"> </span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">For more news,
videos, and research resources, please visit JLL’s </span><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span lang="EN-US" style="color: #0563c1; mso-ansi-language: EN-US;">newsroom</span></span></a></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">.<span style="outline: none !important;"><o:p></o:p></span></span></p>
<p class="yiv1556772334recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3287115355paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">CONTACT: </span></u></b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
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<p class="yiv3287115355paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span class="yiv3287115355eop"><span style="color: #1d2228;"><span style="font-size: large;"> </span></span></span></span></span><span lang="EN-GB" style="color: #1d2228; font-family: Arial;"><a href="https://www.us.jll.com/en/industries/education?highlight=industries" target="_blank"><span style="outline: none !important;"><span lang="EN-US" style="color: #0563c1;"><span style="font-size: large;">us.jll.com/education</span></span></span><span style="font-size: 16pt; outline: none !important;"><span lang="EN-US">.</span></span></a></span><o:p></o:p></p>
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<span style="outline: none !important;"><span style="outline: none !important;"></span></span><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-59407330026578812922024-03-18T13:42:00.000-07:002024-03-18T13:42:11.351-07:00Oakley closes sale of 96-unit luxury apartment community in Gulf Shores, AL<p> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHbwUrbALRJgma0AdQI6p9sLLiAq5y0xOK0qYBik_IFIMvu3_G_wtpphRB7MrWkwKCdxeXQDVrEI_2GZUoYQsTT44-STu_8T97BQn93DlrgfKg5kwh_JofbbSAcAy5Kc8gYWjlH_tCxfhco4yK1COIr9mhrwUMvC8CU6KCF6eTUrSMe2GBQnWVv9c26WNW/s687/Homes--Coastal%20Marbella.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="457" data-original-width="687" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHbwUrbALRJgma0AdQI6p9sLLiAq5y0xOK0qYBik_IFIMvu3_G_wtpphRB7MrWkwKCdxeXQDVrEI_2GZUoYQsTT44-STu_8T97BQn93DlrgfKg5kwh_JofbbSAcAy5Kc8gYWjlH_tCxfhco4yK1COIr9mhrwUMvC8CU6KCF6eTUrSMe2GBQnWVv9c26WNW/w640-h426/Homes--Coastal%20Marbella.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Marbella,</span><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> a 96-unit luxury apartment community<br /> situated on 4.77 acres at 1910 East First Street <br />in Gulf Shores, Baldwin County, AL<br /><br /></span></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">BIRMINGHAM,
AL and GULF SHORES</span><span style="outline: none;">, AL</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">.
-- An affiliate of Birmingham-based Oakley Group, one of the Southeast’s
most active multifamily real estate investment firms, closed on the sale of
<b>Marbella,</b> a 96-unit luxury apartment community situated on 4.77 acres at 1910
E. First Street in Gulf Shores, Baldwin County, AL.</span> </p><p><span style="font-family: arial;">The price was not
disclosed.</span></p><p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiStOhOaGjALGtfaA5xIh1WJkdE7Vb3Er3T3CHcp2O6H9igE5g8w1HzHgqkEkfO4-5kQ9ZbD6VjWJmIaFDfMSKTpNUJmjOU1B_AHqGo9MaIda7zVZAY7OXH1FUeW5IOGoNvM595UZsd7BSkx2gukt8XyffTerf3aT7P6sn46_CXu6kM0ClhZrY4pp5k5IzN/s358/Adam%20Brown.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="358" data-original-width="221" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiStOhOaGjALGtfaA5xIh1WJkdE7Vb3Er3T3CHcp2O6H9igE5g8w1HzHgqkEkfO4-5kQ9ZbD6VjWJmIaFDfMSKTpNUJmjOU1B_AHqGo9MaIda7zVZAY7OXH1FUeW5IOGoNvM595UZsd7BSkx2gukt8XyffTerf3aT7P6sn46_CXu6kM0ClhZrY4pp5k5IzN/w248-h400/Adam%20Brown.jpg" width="248" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Andrew Brown</b><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> </span></td></tr></tbody></table><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 16pt;">Seller </span><b style="background-color: white; color: #1d2228; font-family: Arial; font-size: 16pt; outline: none;">OG Marbella, LLC</b><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 16pt;">, previously acquired the
property in April 2021. After adding professional onsite property
management, improvements and enhancements to community amenities, they
refinanced the property in August 2022 with a HUD loan, which the buyer now has
assumed with the purchase. </span></p>
<p class="yiv3287115355xmsonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">Atlanta-based <b style="outline: none;">Arcan Capital, LLC</b> purchased the
property that was listed and marketed by Cushman & Wakefield’s <b>Andrew
Brown</b> and <b>Craig Hey</b> who ran a competitive bid process. </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3287115355xmsonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3287115355xmsonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">Marbella</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">features</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">99,600 square feet of rentable space
comprised of</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">96</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">one- and two-bedroom residences.</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> A clubhouse,
pool, outdoor gathering spaces and grill stations are among the amenities that
were upgraded by the seller, increasing lifestyle value. <o:p></o:p></span></span></span></span></p>
<p class="yiv3287115355xmsonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv3287115355xmsonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNH64j0OGwBGPG3h2QtgJ4mDwhSNUlI0-KPuPe0xuefJsIvD9XuZBtnDxEHasOSU3mA8DayfKFygMIS1v_SWs9lkaTg28FwHrW9FIjM4uqkdMfbak3gm9sxDzFU9MTf0SmgKAL8txbpay_lL8CHBf4ItS2GOmYRqY69Ch2lbGhLAsUATqY-VztaL4K-2A-/s299/Craig%20Hey.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="299" data-original-width="214" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNH64j0OGwBGPG3h2QtgJ4mDwhSNUlI0-KPuPe0xuefJsIvD9XuZBtnDxEHasOSU3mA8DayfKFygMIS1v_SWs9lkaTg28FwHrW9FIjM4uqkdMfbak3gm9sxDzFU9MTf0SmgKAL8txbpay_lL8CHBf4ItS2GOmYRqY69Ch2lbGhLAsUATqY-VztaL4K-2A-/w286-h400/Craig%20Hey.jpg" width="286" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-size: 21.3333px; text-align: left;"><span style="font-family: arial;">Craig Hey</span></b></td></tr></tbody></table><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"><span style="mso-spacerun: yes;"> </span>The community </span></span><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">is walkable to Gulf Shores Elementary
School and is less than two miles to the beach</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3287115355paragraph" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> <br /></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3287115355paragraph" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">“Mobile-based
Mitchell Group did an excellent job managing the asset for us,” Oakley said,
adding that Berkadia’s commercial loan servicing experts seamlessly handled the
HUD loan refinance.”</span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3287115355paragraph" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3287115355paragraph" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">Since
2007 Oakley Group and its affiliates has built a track record of</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">successfully</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;">investing in multifamily communities
and has holdings in</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355apple-converted-space"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 12.5pt;"> various
markets throughout the Southeastern U.S.</span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span></span><span style="mso-spacerun: yes;"> </span><span style="color: #e30613; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 10.0pt;"><o:p></o:p></span></p>
<p class="yiv3076583922msonormal0" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 10.0pt;">CONTACTS:</span></u></b><b><span style="color: black; font-family: Arial; font-size: 10pt;"><o:p></o:p></span></b></p>
<p class="yiv3287115355paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-size: 8pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv3287115355paragraph" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355eop"><span style="color: #1d2228; font-size: 12.5pt;"> </span></span></span></span><span style="color: #1d2228; font-size: 8pt;"><o:p></o:p></span></p>
<p class="yiv3287115355paragraph" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 16.9pt; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355eop"><b><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 12.5pt;">David
Oakley</span></b></span><span class="yiv3287115355eop"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 12.5pt;">, OG Capital,
205-913-4632 or </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:David.Oakley@og.capital" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:David.Oakley@og.capital"><span style="outline: none;"><span style="color: #467886; mso-bidi-font-size: 12.5pt;">David.Oakley@og.capital</span></span></a><span style="outline: none;"><o:p></o:p></span></span><span style="outline: none;"></span></p>
<p class="yiv3287115355msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 8.0pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin: 0in 0in 8pt; mso-line-height-alt: 12.95pt; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv3287115355eop"><b><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 12.5pt;">Beth Payan,</span></b></span><span class="yiv3287115355eop"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 12.5pt;"> Larry Vershel Communications Inc.
407-461-3781 (direct) or </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Beth@LarryVershel.com" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:Beth@LarryVershel.com"><span style="outline: none;"><span style="color: #467886; mso-bidi-font-size: 12.5pt;">Beth@LarryVershel.com</span></span></a><span style="outline: none;"></span></span><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"></span><o:p></o:p></span></p>
<p class="yiv3287115355msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 12.95pt; margin-bottom: 8.0pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin: 0in 0in 8pt; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"> <o:p></o:p></span></p>
<p class="yiv3287115355msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 12.95pt; margin-bottom: 8.0pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin: 0in 0in 8pt; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"> <o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 11pt; mso-bidi-font-family: Helvetica;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: blue; font-family: Arial; font-size: 11pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 11pt; mso-bidi-font-family: Helvetica;"><o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 10pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 11pt; mso-bidi-font-family: Helvetica;"><o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 11pt; mso-bidi-font-family: Helvetica;"> <o:p></o:p></span></p>
<p class="yiv3076583922msonormal0" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: black; font-family: Arial; font-size: 10pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-1157462988808560542024-03-17T21:18:00.000-07:002024-03-17T21:18:29.622-07:00JLL Capital Markets handles the $33 million acquisition financing for the 141-unit Crossroads at Town Center in Jacksonville, FL<p> </p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLE0m2pBDkEntPU_zyVIpGvV7s5jKveCVZzxRdfgFbVA_41nQvo5kyBLsm4ATloBvpMTkble1TN-qLTUArGHmzxAfE3PTM4GZO1gU1RyQCBzmCR0QZZADV1eM0pqLrhdCElu2HLbqtT-vMpZQsPOozxlzLR1X0_8CqFn8exEGHD2pnQlCcyGeApZvJYiN6/s800/Crossroads%20at%20Town%20Center,%20housing.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="800" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLE0m2pBDkEntPU_zyVIpGvV7s5jKveCVZzxRdfgFbVA_41nQvo5kyBLsm4ATloBvpMTkble1TN-qLTUArGHmzxAfE3PTM4GZO1gU1RyQCBzmCR0QZZADV1eM0pqLrhdCElu2HLbqtT-vMpZQsPOozxlzLR1X0_8CqFn8exEGHD2pnQlCcyGeApZvJYiN6/w640-h480/Crossroads%20at%20Town%20Center,%20housing.png" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b><span style="font-family: arial; text-align: left;">Crossroads at Town Center</span><span style="font-family: arial; text-align: left;">, a 141-unit, build-for-rent <br />townhome community in Jacksonville, FL</span></b></td></tr></tbody></table><br /><!--[endif]--><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="font-family: arial; outline: none !important;"><span style="color: #1d2228;"><span style="outline: none !important;">MIAMI, FL<b> –</b></span></span></span><span style="font-family: arial; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"> JLL Capital Markets has closed the
$32.75 million “CofO” acquisition financing of<b> Crossroads at Town Center</b>, a
141-unit, build-for-rent townhome community in Jacksonville, Florida.</span></span></span></p><span style="outline: none !important;"><span style="outline: none !important;">
<span style="outline: none !important;"><span style="font-family: arial;">
</span><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228;"><span style="outline: none !important;"><span style="font-family: arial;"> </span></span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></span></p>
</span><span style="outline: none !important;">
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;">JLL
represented the borrower, 360 Communities (Freehold Capital Management) and
PCCP, to secure the loan through Greystar.</span><o:p></o:p></span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><br /></span></span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjft_7_Z3XqnI4h6fA6lDEuwlfC9tYTCX9__rO3E31ehpxknBhAtbj5Qt_lWQWTPDa07RB-6pD_MeKCoaKPdUXSyYwuTm7DqMjnpWLbSHvfV6MHpsoouJhbvO0hs_xTkEVukfbyygfaHixYnx0sxt4HG1fZ2XwzrkJiVxWz9y3DTL56JMdgH8bEGWEl_bI4/s253/Shane%20Ciacci..jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="253" data-original-width="185" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjft_7_Z3XqnI4h6fA6lDEuwlfC9tYTCX9__rO3E31ehpxknBhAtbj5Qt_lWQWTPDa07RB-6pD_MeKCoaKPdUXSyYwuTm7DqMjnpWLbSHvfV6MHpsoouJhbvO0hs_xTkEVukfbyygfaHixYnx0sxt4HG1fZ2XwzrkJiVxWz9y3DTL56JMdgH8bEGWEl_bI4/w292-h400/Shane%20Ciacci..jpg" width="292" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="color: #1d2228; font-size: 21.3333px; text-align: left;"> </span><b style="color: #1d2228; font-size: 21.3333px; text-align: left;">Shane Ciacci</b></td></tr></tbody></table></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The JLL Capital Markets Debt Advisory team was
led by Senior Managing Director </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Chris Drew</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">, Managing Director </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Matthew
Putterman</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">, Director </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Kenny Cutler</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> and Analyst </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Shane Ciacci.</b></span></span></p></span></span><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
</span>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span class="yiv6104899830eop"><span style="outline: none !important;"><span style="background: white; color: black; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></span></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="background: white; color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><span style="outline: none !important;">“Certificate of Occupancy financing facilities
like this one are becoming increasingly necessary as top-tier sponsors like 360
Communities are purchasing single-family communities directly from
homebuilders,” said Drew.<o:p></o:p></span></span></span></span></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span>“360 Communities is assembling a tremendous portfolio of
single-family rental communities in the Southeast and across the country and
has been able to partner with experienced institutional groups like PCCP. <o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;">"We’re excited to see what
these two great sponsors are able to accomplish with Crossroads at Town Center.”<span style="outline: none !important;"></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><br /></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEij9mNb1W_gx7Wtefhl5DhHiYJx4zABChGc2-ItiDV8aXuRDzu0vMEFoeRIDvCNWjKkULSfYiyq3ILdjIt8rF73OqN55z8wGzXDRWLNiv8i8CR2MNA2SvMPBo3ifYxbM9JpNa4NaIZozYMWJLFsEm-V8-xFqfYPiV4EAKBvvIcx0lRpgva0viRak2mymjll/s600/Christopher%20(Chris)%20Drew.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="450" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEij9mNb1W_gx7Wtefhl5DhHiYJx4zABChGc2-ItiDV8aXuRDzu0vMEFoeRIDvCNWjKkULSfYiyq3ILdjIt8rF73OqN55z8wGzXDRWLNiv8i8CR2MNA2SvMPBo3ifYxbM9JpNa4NaIZozYMWJLFsEm-V8-xFqfYPiV4EAKBvvIcx0lRpgva0viRak2mymjll/w300-h400/Christopher%20(Chris)%20Drew.jpg" width="300" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: left;"> </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: left;">Chris Drew</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">360 Communities and PCCP will acquire groups
of townhomes as they are completed by a third-party builder.</span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> At completion,
Crossroads at Town Center will feature 141 three-bedroom townhomes, averaging
1,728 square feet.</span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;">The homes feature attached garages, covered
lanai porches, private fenced-in backyards, quartz countertops, wood-style
plank flooring, nine-foot ceiling heights, stainless-steel appliances, built-in
washers and dryers and multiple smart home design offerings. <o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;">Community amenities include a pool, cabana,
dog park and playground.</span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"> </span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></span></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><span style="outline: none !important;">The property is ideally situated within
proximity to the St. John Town Center complex, a super-regional lifestyle
center in Jacksonville, Florida with over 175 upscale shopping and dining
options, offering residents incredible access to the area’s top amenities.<o:p></o:p></span></span></span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"><br /></span></span></span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpLqkTtRLbd_2m6MjdbR6WczCtg60Z9v9XLZ4LrbDun-5kHVlYWl_cTjbNmx4yj7UEbQutpm5AApikmt8iee-nfHrzT-bqnEuYRIjCAbupV5TyZYQsCJvcQuQl_uOtLDs5U3rovinM2i2x7h4hUMXsWgq6phUoQ6RB8nuLy3opn4F8ntsIjJSB4PecfwNo/s235/Matthew%20Putterman.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="235" data-original-width="165" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpLqkTtRLbd_2m6MjdbR6WczCtg60Z9v9XLZ4LrbDun-5kHVlYWl_cTjbNmx4yj7UEbQutpm5AApikmt8iee-nfHrzT-bqnEuYRIjCAbupV5TyZYQsCJvcQuQl_uOtLDs5U3rovinM2i2x7h4hUMXsWgq6phUoQ6RB8nuLy3opn4F8ntsIjJSB4PecfwNo/w281-h400/Matthew%20Putterman.jpg" width="281" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-size: 16pt; text-align: left;">Matthew Putterman</b></td></tr></tbody></table></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Residents will also be next to Deerwood Office Park and within two
miles of 7.2 million square feet of office space.</span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> In addition, the property is
strategically positioned as the only for-rent townhome community in the St
Johns Town Center micromarket.</span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"> </span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></span></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><!--[if !supportEmptyParas]--> </span></span></span></span><span style="font-family: Arial; font-size: 16pt;">JLL’s
Capital Markets group is a full-service global provider of capital solutions
for real estate investors and occupiers. </span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="font-family: Arial; font-size: 16pt;">The firm's in-depth local market and
global investor knowledge delivers the best-in-class solutions for clients —
whether investment sales and advisory, debt advisory, equity advisory or a
recapitalization. </span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh12o8rxfvkRxbIYGQW8keEipPd7dB28l-q0Io3FwvE3o_9E2ul6D8pqEH4XtsxLfQCid6ADt_W3II82zVJKsMkcLKQm8NhI0El8jHA3Zg36Tp-r57tDdXHEEWJLGpsSEc2hxdVBkUCVb3xYn30Q88ToxM3g60oV7lQfsaKa4_h0eiyQPrhjrv939dZm7t3/s500/Kenny%20Cutler%20JLL%20Headshot.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="500" data-original-width="357" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh12o8rxfvkRxbIYGQW8keEipPd7dB28l-q0Io3FwvE3o_9E2ul6D8pqEH4XtsxLfQCid6ADt_W3II82zVJKsMkcLKQm8NhI0El8jHA3Zg36Tp-r57tDdXHEEWJLGpsSEc2hxdVBkUCVb3xYn30Q88ToxM3g60oV7lQfsaKa4_h0eiyQPrhjrv939dZm7t3/s320/Kenny%20Cutler%20JLL%20Headshot.jpg" width="228" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: left;">Kenny Cutler<br /><br /></b></td></tr></tbody></table><br /><span style="font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="font-family: Arial; font-size: 16pt;">The firm has more than 3,000 Capital Markets specialists
worldwide with offices in nearly 50 countries.</span></p><span style="outline: none !important;">
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="background: white; color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"> </span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></span></p>
</span><span style="outline: none !important;">
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><b><u><span style="color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"> </span></span></u></b></span></span><b style="outline: none !important;"><span style="outline: none !important;"><u><span style="font-family: Arial; font-size: 16pt;">About
Greystar</span></u></span></b></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<span style="outline: none !important;">
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;">Greystar is a leading, fully integrated
global real estate company offering expertise in property management, .</span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><br /></span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"> Greystar was founded by <b>Bob Faith</b> in 1993 to become a provider of
world-class service in the rental residential real estate business.</span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: black; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"><br /></span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivxqvkJ4-Q8AiAIMjkImOi1QccqQm4av9awE0HivI6UF6-hEENsqBZv6i0NTjfPwanVgXzNu7ivHBvduvbklue945-fQrNy8efenKA_IhyhnRP4Q2dKJEGML84lFXtwAmYHb0DIAVW6XbX7Dq1ALm6SkDFtwRIIfhNTZ2tjIIxUEHPw-I2q7c1qTZO2Lnm/s456/Bob%20Faith.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="456" data-original-width="243" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivxqvkJ4-Q8AiAIMjkImOi1QccqQm4av9awE0HivI6UF6-hEENsqBZv6i0NTjfPwanVgXzNu7ivHBvduvbklue945-fQrNy8efenKA_IhyhnRP4Q2dKJEGML84lFXtwAmYHb0DIAVW6XbX7Dq1ALm6SkDFtwRIIfhNTZ2tjIIxUEHPw-I2q7c1qTZO2Lnm/w214-h400/Bob%20Faith.jpg" width="214" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Bob Faith</b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;">Headquartered
in Charleston, South Carolina, Greystar manages and operates more than $290
billion of real estate in 247 markets globally with offices throughout North
America, Europe, South America, and the Asia-Pacific region. </span></span></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;">Greystar is the
largest operator of apartments in the United States, manages more than 857,400
units/beds globally, and has a robust institutional investment management
platform comprised of more than $76 billion of assets under management,
including over $34 billion of development assets</span></p>
<span style="outline: none !important;">
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><span style="mso-spacerun: yes;"> </span></span><span style="mso-spacerun: yes;"> </span><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><o:p></o:p></span></span></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><b><span style="color: black; font-family: Arial; font-size: 10.0pt;"><o:p></o:p></span></b></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: black; font-family: Arial; font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">JLL,
Public Relations<o:p></o:p></span></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"><span style="mso-spacerun: yes;"> </span>Capital Markets</span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">Dallas,
Texas</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">M
+1 214 394 3356</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><a href="mailto:Jenna.Sharp@jll.com" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank" ymailto="mailto:Jenna.Sharp@jll.com"><span style="outline: none !important;"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></span></a></span><o:p></o:p><span style="outline: none !important;"></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"> </span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></p>
<span style="outline: none !important;">
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><a href="http://www.jll.com/" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1; font-family: Arial;"><span style="outline: none !important;"><span style="outline: none !important;">jll.com</span></span></span><span style="color: #1d2228; text-decoration: none; text-underline: none;"></span></span><span style="outline: none !important;"></span></span></a></span><span style="outline: none !important;"></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;">.</span><o:p></o:p></span></span></span></p>
</span>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><a href="http://www.greystar.com/" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1;">www.greystar.com</span></span></span><span style="outline: none !important;"><span style="color: #1d2228; text-decoration: none; text-underline: none;"><span style="outline: none !important;"></span></span></span></a></span><span style="outline: none !important;"><o:p></o:p></span><span style="outline: none !important;"></span></p>
</span>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><a href="http://www.pccpllc.com/" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1; font-family: Arial;"><span style="outline: none !important;">www.pccpllc.com</span></span></span><span style="color: #1d2228; text-decoration: none; text-underline: none;"></span></span><span style="outline: none !important;"><span style="outline: none !important;"></span></span></a></span><span style="outline: none !important;"><o:p></o:p></span><span style="outline: none !important;"></span></p>
</span></span>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 11.0pt;">www.Freeholdcm.com</span><o:p></o:p></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><a href="https://www.us.jll.com/en/newsroom" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1; font-family: Arial;"><span style="outline: none !important;"><span style="outline: none !important;">newsroom</span></span></span><span style="color: #1d2228; text-decoration: none; text-underline: none;"></span></span></span><span style="outline: none !important;"></span></a></span><span style="outline: none !important;"></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><span style="outline: none !important;">.</span><o:p></o:p></span></span></span></p>
<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 11.0pt; mso-bidi-font-family: Helvetica;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
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<p class="yiv6104899830msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 11.0pt; mso-bidi-font-family: Helvetica;"> <o:p></o:p></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: black; font-family: Arial; font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-41730378121978912302024-03-17T17:11:00.000-07:002024-03-17T17:11:48.153-07:00Lee & Associates South Florida Closes $3 million Commercial Property Sale in Davie, FL<p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5DQ2kHommOhPJ1YlD4nUKZjk1tiRIMd9wvW-l-5x-NuTA3kGgcrfjB05os3jh4gXkNVD7SWpWPOFiCZdmr62BCe-vSgiv6ipgO1QDR01jgQMU77Mq5f7G19xc0oee8p3fhTmFu3wHJyorSe5jYePqm1-LHAHG3dMczgnfjN14ljzb0pNTRQjCOyKznBeS/s388/greg%20milopoulos%20USE.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><b><img border="0" data-original-height="388" data-original-width="259" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5DQ2kHommOhPJ1YlD4nUKZjk1tiRIMd9wvW-l-5x-NuTA3kGgcrfjB05os3jh4gXkNVD7SWpWPOFiCZdmr62BCe-vSgiv6ipgO1QDR01jgQMU77Mq5f7G19xc0oee8p3fhTmFu3wHJyorSe5jYePqm1-LHAHG3dMczgnfjN14ljzb0pNTRQjCOyKznBeS/w268-h400/greg%20milopoulos%20USE.jpg" width="268" /></b></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Greg Milopoulos</b></td></tr></tbody></table> <span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;"> </span><b style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;">DAVIE, FL </span></span></b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">–
Lee & Associates South Florida Principal <b>Greg Milopoulos</b> and Vice
President <b>Christian Baena</b> successfully brokered the $3.45 million sale
of a commercial property in Davie, Florida.</span></p><span style="outline: none !important;"><p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">At $415 per square foot, the transaction set a
new price per square foot record for the submarket. It did not include the sale
of the business.</span></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
<span style="outline: none !important;">
<p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
<span style="outline: none !important;">
<p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;">The
sale of the 2601 Reese Road property closed on March 12. Glenn’s Automotive was
the seller. The buyer was not disclosed.</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
<span style="outline: none !important;">
<p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
<span style="outline: none !important;">
<p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;">Glenn’s
Automotive operated an auto repair shop out of the freestanding
8,300-square-foot building, which was constructed in 2008 on just over one
acre. <o:p></o:p></span></span></p><p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;"><br /></span></span></p><p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjoNtKBAYBuvcFZ4XfvE4opQaReaoWXXcvHowYw7GBWu4o66hfHj5huMbBt4fD090HJDwa2Es9qLhLyd2477Lz5PHFH0NfGrYtl5Y7MhjR8-kQAr2rQo0LAavlHbxLKHn-KiXq20DKJ0_oXcwNXQ0X62ST9Po3KRZFpCq_PAJh6li1qR-DZaGlJWm9-xxl_/s376/christian%20Baena%20USE.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="376" data-original-width="247" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjoNtKBAYBuvcFZ4XfvE4opQaReaoWXXcvHowYw7GBWu4o66hfHj5huMbBt4fD090HJDwa2Es9qLhLyd2477Lz5PHFH0NfGrYtl5Y7MhjR8-kQAr2rQo0LAavlHbxLKHn-KiXq20DKJ0_oXcwNXQ0X62ST9Po3KRZFpCq_PAJh6li1qR-DZaGlJWm9-xxl_/w263-h400/christian%20Baena%20USE.jpg" width="263" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Christian Baena</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The property includes outdoor storage and
ample parking, with frontage along I-595 and Florida’s Turnpike. That gives the
building visibility to over 370,000 daily motorists.</span></span></p><p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
<span style="outline: none !important;">
<p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
<span style="outline: none !important;">
<p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 12.0pt;">“Glenn
has been a longtime family friend and operator of one of the most pristine
shops in Broward County for over 20 years,” </span></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="font-family: arial; font-size: medium;">Milopoulos
said. “It was time for him to wind down and enjoy some time off with his family
after a long career in the industry, so above all else, I’m just happy we were
able to help him accomplish this.”</span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<span style="outline: none !important;">
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<span style="outline: none !important;">
<p class="yiv3076583922msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><span style="font-family: Arial; font-size: 10pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></b></p>
<div style="outline: none !important;">
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><b><span style="font-family: Arial; font-size: 10pt;"><o:p></o:p></span></b></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="font-family: Arial; font-size: 10pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="font-family: Arial; font-size: 20pt;">Eric Kalis</span></b><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></span></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><i style="outline: none !important;"><span style="outline: none !important;"><span style="font-family: Arial; font-size: 20pt;">Senior
Vice President</span></span></i></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 11.0pt;"><span style="outline: none !important;"><o:p></o:p></span></span></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 11.0pt;"><a href="mailto:ekalis@boardroompr.com" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank" ymailto="mailto:ekalis@boardroompr.com"><span style="outline: none !important;"><span style="outline: none !important;">ekalis@boardroompr.com</span></span><span style="outline: none !important;"><span style="color: #1d2228; text-decoration-line: none;"></span></span></a></span><o:p></o:p><span style="outline: none !important;"><span style="outline: none !important;"></span></span></p>
<p class="yiv3076583922msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #e9399c; font-family: Arial; font-size: 20pt;">C</span></span></b></span><span style="outline: none !important;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #2d8ec1; font-family: Arial; font-size: 20pt;"><span style="outline: none !important;"> </span></span></span><span style="outline: none !important;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #1b72cb; font-family: Arial; font-size: 20pt;"><span style="outline: none !important;">305-794-5123</span></span></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 11.0pt;"></span><o:p></o:p></span><span style="outline: none !important;"><span style="outline: none !important;"></span></span></p>
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<p style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-size: large;"><span style="font-family: Helvetica;">and </span><span style="color: #1d2228; font-family: Helvetica;"></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: black; mso-bidi-font-size: 10.0pt;">Link</span></span></span><span style="outline: none !important;"><span style="color: #1d2228; text-decoration-line: none;"></span></span><span style="outline: none !important;"></span><span style="font-family: Helvetica;"><span style="outline: none !important;">, our company blog.</span></span></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Helvetica; font-size: 8.0pt;"></span><o:p></o:p></span></p>
<p class="MsoNormal" style="outline: none !important;"><span style="color: #1d2228; font-size: 8.0pt;"> </span></p></span></span></span></span></span></span></span></span></span><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-86474738024782101252024-03-17T15:17:00.000-07:002024-03-17T15:19:34.260-07:00JLL Capital Markets brokers $68 million sale and the $43 million financing of Allure Apartments in the Cherry Creek South neighborhood of Denver, CO<p> </p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhoLj16EWfboNv7-rRcRrh5gtHOSIAFSD2ibyImw2wJ-nIy8-Nmi2ewg6zA1IMHqLYelz9wYqini1iTQm7kGZu15ZGzMhiQIuE7SoPzYBdRUHwUWsREoM4CRyp9plG8mDYt9N1kUegKsJzfDBwMcT6UcaufXanYR4jgRmPxInQ5gRra2peRIYrggH_m5Bxf/s600/Annie%20Rice%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="450" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhoLj16EWfboNv7-rRcRrh5gtHOSIAFSD2ibyImw2wJ-nIy8-Nmi2ewg6zA1IMHqLYelz9wYqini1iTQm7kGZu15ZGzMhiQIuE7SoPzYBdRUHwUWsREoM4CRyp9plG8mDYt9N1kUegKsJzfDBwMcT6UcaufXanYR4jgRmPxInQ5gRra2peRIYrggH_m5Bxf/w480-h640/Annie%20Rice%20USE.jpg" width="480" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="background-color: white; font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="background-color: white; font-family: Arial; font-size: 21.3333px; text-align: left;">Annie Rice</b></td></tr></tbody></table><p></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 0in; margin-left: 0in; margin-right: 0in; margin-top: 6.0pt; margin: 6pt 0in 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><b style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">LOS ANGELES, CA –</span></span></b></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> JLL Capital
Markets has closed the $68.25 million sale and the $43.177 million acquisition
financing of Allure Apartments, a 252-unit, core-plus, garden-style apartment
community located in the Cherry Creek South neighborhood of Denver, Colorado.</span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 0in; margin-left: 0in; margin-right: 0in; margin-top: 6.0pt; margin: 6pt 0in 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrzqdpYUHMZNIXwMK9AYIPaBIWzwhnx03EjcaD6nu-7N6Ehw9TZtDZm34SrRZ-E_AmRvdVqM_XCFgCKbFCPw2MIoPz5ccXE1I8eWAZJ_JasnijjkxHJKb9Ferrbh7h-JgwACHRi9hyE_nzsV6nsxQ2zVOIoqiVfPgwNoVTBs8uclGZC74vJwbYoF_2xtHf/s201/jordan%20robbins,%20hff,%203-18-13.JPG" style="clear: left; display: inline; margin-bottom: 1em; margin-left: auto; margin-right: auto; text-align: center;"><img border="0" data-original-height="201" data-original-width="141" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrzqdpYUHMZNIXwMK9AYIPaBIWzwhnx03EjcaD6nu-7N6Ehw9TZtDZm34SrRZ-E_AmRvdVqM_XCFgCKbFCPw2MIoPz5ccXE1I8eWAZJ_JasnijjkxHJKb9Ferrbh7h-JgwACHRi9hyE_nzsV6nsxQ2zVOIoqiVfPgwNoVTBs8uclGZC74vJwbYoF_2xtHf/w281-h400/jordan%20robbins,%20hff,%203-18-13.JPG" width="281" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="background-color: white; font-family: Arial; font-size: 21.3333px; text-align: left;">Jordan Robbins</b></td></tr></tbody></table><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 0in; margin-left: 0in; margin-right: 0in; margin-top: 6.0pt; margin: 6pt 0in 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;">JLL worked on behalf of the seller, and
procured the buyer, Gelt, Incorporated.</span></span></span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 0in; margin-left: 0in; margin-right: 0in; margin-top: 6.0pt; margin: 6pt 0in 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"> JLL also worked on behalf of the new
owner to secure the seven-year loan through Freddie Mac Multifamily. The loan
will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo</span></span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">℠</span></span></span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> lender.</span></span></span></span></span></span></span></span></span></p><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">Built
in 2002, Allure Apartments feature expansive one- and two-bedroom units,
averaging 1,010 square feet. Unit finishes include stainless-steel appliances,
tile backsplash, plank-wood style flooring and in-unit washers and dryers. </span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">Community amenities include a 24-hour fitness center, detached garages, a
business center, a coffee bar and a residential clubhouse.</span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: Arial; font-size: 16pt;">Situated
at 1300 S, Willow St., Allure sits within the coveted, A-rated Cherry Creek
school district and boasts unparalleled access to some of Metro Denver’s
largest employment hubs, including the Central Business District, Cherry Creek,
Fitzsimons Medical Campus, Denver Tech Center and the Southeast Business
Corridor.</span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKFiMI1DackKSIM4opkthcRKuQG8_UlCBmV8pQce8SFkXOi4FzXD69Y1xo2ebny2WoFgVw0PkSY227NslkoEXfeQD6fR0eOCWtCHA_zHSSziyhd98wJfZzYz-qu2q8bZ-la-orOYy4fTIgaBIcva8qKcyeXCMxeklxnZnnXxorQ4BkCRaBwyy7V-r7oSc2/s372/Alex%20Possick.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="372" data-original-width="262" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKFiMI1DackKSIM4opkthcRKuQG8_UlCBmV8pQce8SFkXOi4FzXD69Y1xo2ebny2WoFgVw0PkSY227NslkoEXfeQD6fR0eOCWtCHA_zHSSziyhd98wJfZzYz-qu2q8bZ-la-orOYy4fTIgaBIcva8qKcyeXCMxeklxnZnnXxorQ4BkCRaBwyy7V-r7oSc2/w281-h400/Alex%20Possick.jpg" width="281" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Alex Possick</b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;">In addition, it is a
five-minute drive to Gardens on Havana Shopping Center and a 10-minute drive to
Cherry Creek Shopping Center.</span><p></p></span><span style="outline: none;"><p class="yiv2259334832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
</span>
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></span></p>
<span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv2259334832eop"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;">The JLL Capital Markets Investment Sales
Advisory team was led by Senior Managing Director <b>Jordan Robbins</b> and
Director <b>Alex Possick</b>. Managing Directors <b>Brandon Smith</b> and <b>Annie
Rice</b> led the JLL Capital Markets Debt Advisory team.</span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv2259334832eop"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv2259334832eop"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;">“When deals, like Allure, have high mission
affordability with the agencies, it allows us to negotiate a competitive loan
spread. </span></span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv2259334832eop"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv2259334832eop"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;">The compelling spread on this transaction, which included a rate buy
down, allowed the sponsor to purchase this asset at a low basis with positive
leverage relative to the cap rate,” said Smith.</span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span class="yiv2259334832eop"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;">JLL delivers multi-housing investors a full
range of solutions through one diverse, integrated platform. The division
employs approximately 400 professionals who provide comprehensive investment
sales and disposition services with access to thousands of domestic and foreign
investors. <o:p></o:p></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"></span></span></span></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgNQY5uFvSpwQYtttyst3mRQHqCKI9_A3Mz6cdu0XOfe6PWm-vTc44uvgWemKVLK2buafKo6NwJzE96sEyRH0MNBdHfwp_KmVg-dMbYOwezYU32W6je_5gs-VDA6PJlBgAWW_qba5dSBla8c5wtROT5lUICYUXWGrleXatLl8AXbyk394107gMM-9wZ37xr/s600/Brandon%20Smith.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="600" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgNQY5uFvSpwQYtttyst3mRQHqCKI9_A3Mz6cdu0XOfe6PWm-vTc44uvgWemKVLK2buafKo6NwJzE96sEyRH0MNBdHfwp_KmVg-dMbYOwezYU32W6je_5gs-VDA6PJlBgAWW_qba5dSBla8c5wtROT5lUICYUXWGrleXatLl8AXbyk394107gMM-9wZ37xr/s320/Brandon%20Smith.jpg" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-size: 21.3333px; text-align: left;"> </span><b style="font-size: 21.3333px; text-align: left;">Brandon Smith</b></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="font-size: 16pt;">JLL is also one of the nation’s
largest affordable and conventional multi-housing and seniors housing lenders
with comprehensive loan underwriting, asset management and loan servicing
capabilities.</span></span></span></span></span><p></p>
<p class="yiv2259334832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv2259334832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Agency/GSE lending and loan
servicing are performed by JLL Real Estate Capital, LLC, a wholly owned
indirect subsidiary of Jones Lang LaSalle Incorporated.</span></p><p class="yiv2259334832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv2259334832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv2259334832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> Loans made or arranged
in California are pursuant to a California Financing Law license.</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"> </span><o:p></o:p></span></span></span></span></p>
</span>
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;">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 sales and advisory, debt advisory,
equity advisory or a recapitalization. <o:p></o:p></span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></span></span></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgU_cfhTQVEAE7sCIFFzr4Y2T6iUwVonMBvrf_o3VhLnC85vDroh8OSVQTCw0nYo_FTCBJPBciueGiQ4TtKkBV8QS9hCB1y5gN9d9b9xkXT3NEq4f4juip1WWgo2E3YOJJdDA0URLW_BuWMJ8Pbza9B0r4oBYcq2Yp9p-ielArew8iaTyUrokZDp_lsGzyV/s800/apartments%20NEW.png" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="800" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgU_cfhTQVEAE7sCIFFzr4Y2T6iUwVonMBvrf_o3VhLnC85vDroh8OSVQTCw0nYo_FTCBJPBciueGiQ4TtKkBV8QS9hCB1y5gN9d9b9xkXT3NEq4f4juip1WWgo2E3YOJJdDA0URLW_BuWMJ8Pbza9B0r4oBYcq2Yp9p-ielArew8iaTyUrokZDp_lsGzyV/w640-h480/apartments%20NEW.png" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="text-align: left;"><span style="font-family: arial;"><b>Allure Apartments, a 252-unit, core-plus, garden-style <br />apartment community located in the<br /> Cherry Creek South neighborhood <br />of Denver, CO</b></span></span></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></span></span><p></p><p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The firm has more than 3,000 Capital Markets
specialists worldwide with offices in nearly 50 countries.</span></p><p class="yiv2259334832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
<span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"> </span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;">For
more news, videos and research resources on JLL, please visit our </span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"></a></span></span></span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span style="outline: none;"><span style="color: #0563c1;"><span style="outline: none;"><span style="outline: none;">newsroom</span></span></span><span style="color: #1d2228; text-decoration: none; text-underline: none;"></span></span></span><span style="outline: none;"></span></a><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">.</span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv2259334832msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"><span style="outline: none;"> </span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"></span><o:p></o:p></span></p>
</span>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">CONTACT:<o:p></o:p></span></u></b></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">JLL, Public Relations, Capital Markets</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Dallas, Texas</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">M +1 214 394 3356</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" target="_blank"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></a></span></p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-82155811656898541312024-03-17T11:18:00.000-07:002024-03-17T11:21:02.484-07:00JLL Capital Markets arranges sale of a 200+-unit multi-housing community in Southern New York State<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtiRvjx18gl_2LzXCdTxcHhcMFoS-xDOB7livco75mqmo8BP_ijHnejc6YMmfWchMoDmXw6i37rGxRn30pJ63fkW8gsbrbgis-QMhSMpS9uG35_nuwalpiO1RDOWr4Jfa4aMvp7mSwyrdGuMhs7ze0hI-WLHV7hmNktl3_2j-Sojn7Yp-SAs05ao8W4Mda/s291/Elizabeth%20DeVesty.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="291" data-original-width="187" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtiRvjx18gl_2LzXCdTxcHhcMFoS-xDOB7livco75mqmo8BP_ijHnejc6YMmfWchMoDmXw6i37rGxRn30pJ63fkW8gsbrbgis-QMhSMpS9uG35_nuwalpiO1RDOWr4Jfa4aMvp7mSwyrdGuMhs7ze0hI-WLHV7hmNktl3_2j-Sojn7Yp-SAs05ao8W4Mda/w411-h640/Elizabeth%20DeVesty.jpg" width="411" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span face="sans-serif" style="background-color: white; font-size: 13px; text-align: left;"> </span><b style="background-color: white; font-family: sans-serif; font-size: 13px; text-align: left;">Elizabeth DeVesty</b></td></tr></tbody></table><p><span style="font-family: arial;"><span face="Calibri, sans-serif" style="color: #1d2228; font-size: 13px; outline: none;"><span style="outline: none;"><b style="outline: none;"><span face="sans-serif" style="outline: none;">MORRISTOWN, NJ –</span></b></span></span><span face="Calibri, sans-serif" style="color: #1d2228; font-size: 13px; outline: none;"><span style="outline: none;"><span face="sans-serif" style="outline: none;"> JLL <a name="_Hlk11847889" rel="nofollow noopener noreferrer" style="outline: none;">Capital Markets has closed the sale of a 200+-unit, garden-style multi-housing community located in New York State.</a></span></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"> </span><span face="sans-serif" style="color: black;">JLL worked exclusively on behalf of the seller</span><a name="_Hlk159319913" rel="nofollow noopener noreferrer" style="color: black; font-family: sans-serif; outline: none;"> and procured the buyer.</a></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;"> </span></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562eop" style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;">The JLL Capital Markets Investment Sales Advisory team was led by Senior Managing Directors <b>Steve Simonelli, Jose Cruz and Mike Olive</b>r, Managing Director <b>Marion Jones</b>, Director <b>Elizabeth DeVesty</b>, Associate<b> Austin Pierce</b> and Senior Analyst <b>Shaelyn Nuckel.</b></span></span></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562eop" style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;"><b><br /></b></span></span></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562eop" style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;"></span></span></span></span></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitmVbiSgzPtiaOCECM9jKUNU6-GWd5D5_bA83cS3F0dhDOZHkHajBQFNMNCYCWnZz2_s6KbasR1WLHnZHipGJZyZvdTN4_AvIS7H_ZBjHBprmnkB9cnXSAV5mXXC7MGNnn5PhSogGYjpu99faE56yhqMjgXnMdfiQDpn54F1L8rMvaHR4bafmOfZgzfmdZ/s600/Marion%20Jones.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="450" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitmVbiSgzPtiaOCECM9jKUNU6-GWd5D5_bA83cS3F0dhDOZHkHajBQFNMNCYCWnZz2_s6KbasR1WLHnZHipGJZyZvdTN4_AvIS7H_ZBjHBprmnkB9cnXSAV5mXXC7MGNnn5PhSogGYjpu99faE56yhqMjgXnMdfiQDpn54F1L8rMvaHR4bafmOfZgzfmdZ/w480-h640/Marion%20Jones.jpg" width="480" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 13px; text-align: left;">Marion Jones<br /><br /></b></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562eop" style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;"><span style="color: #1d2228;">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 sales and advisory, debt advisory, equity advisory or a recapitalization. </span></span></span></span></span></span><p></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562eop" style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;"><span style="color: #1d2228;"><br /></span></span></span></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562eop" style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;"></span></span></span></span></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_VOi6dknXhypyGFfqbseRjqj3ErjIP80PIn2DQOB8nZReoto0OHpSzSNuCU0sLPchGjT8MQg8rGfqStKZABxpgKDIVNE5ksZ7F-C4a8iRjfhaPexPjSK2a96vgDp5nLzU8RdHnJHbJqi1lwFvOO10ifLUJ-5tMISC1yiHqJkhCl96SlToragG-I7dtwk5/s431/Steve%20Simonelli.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="431" data-original-width="304" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_VOi6dknXhypyGFfqbseRjqj3ErjIP80PIn2DQOB8nZReoto0OHpSzSNuCU0sLPchGjT8MQg8rGfqStKZABxpgKDIVNE5ksZ7F-C4a8iRjfhaPexPjSK2a96vgDp5nLzU8RdHnJHbJqi1lwFvOO10ifLUJ-5tMISC1yiHqJkhCl96SlToragG-I7dtwk5/s320/Steve%20Simonelli.jpg" width="226" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 13px; text-align: left;">Steve Simonelli</b></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562eop" style="outline: none;"><span face="sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; outline: none;"><span style="color: #1d2228;">The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.</span></span></span></span></span></span><p></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="outline: none;"> </span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; font-size: 13px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="outline: none;">For more news, videos and research resources on JLL, please visit our </span></span></span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="color: #0563c1; outline: none;" target="_blank"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="outline: none;">newsroom</span></span></span><span style="outline: none;"><span style="outline: none;"></span></span></a><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="outline: none;">.</span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span style="font-size: medium;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="outline: none;"> </span></span></span><b style="outline: none;"><span face="sans-serif" style="color: black; outline: none;"> </span></b></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: black; outline: none;"><span style="font-size: medium;"> </span></span></span></span><b style="outline: none;"><span face="sans-serif" style="color: black; outline: none;"><span style="font-size: medium;"><u>About JLL</u></span></span></b></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><b style="outline: none;"><span face="sans-serif" style="color: black; outline: none;"><span style="font-size: medium;"><br /></span></span></b></span></span></p><span style="font-size: medium;"><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #1d2228; outline: none;"></span><span face=""Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #1d2228;"></span></span><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;">For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. </span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;"><br /></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;">A Fortune 500</span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv7543770562normaltextrun" style="outline: none;"><sup style="outline: none;"><span face="sans-serif" lang="EN-GB" style="line-height: 17.1px; outline: none;">®</span></sup></span></span></span><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;"> company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. </span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;"><br /></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"></span></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4FOmNviPZeKbwDpUg5HRO_FJIaIs1xWjpHUF_FIXjMjg2GcJSi1FNX24jfSF15sq7b4ZsQsU56ETyEZ8-wupdh_07q5FDaGAmDu8mnxxN3J5b_BZp8K7o3uSEtQomEIfxC7TRuutshyFRlXsiHJb478EMKsm4egonAaUOIDUl4UdsLhU48tc06cbdh8c_/s163/Jose%20Cruz,%20HFF%20cropped%20USE.JPG" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="163" data-original-width="119" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4FOmNviPZeKbwDpUg5HRO_FJIaIs1xWjpHUF_FIXjMjg2GcJSi1FNX24jfSF15sq7b4ZsQsU56ETyEZ8-wupdh_07q5FDaGAmDu8mnxxN3J5b_BZp8K7o3uSEtQomEIfxC7TRuutshyFRlXsiHJb478EMKsm4egonAaUOIDUl4UdsLhU48tc06cbdh8c_/w234-h320/Jose%20Cruz,%20HFF%20cropped%20USE.JPG" width="234" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: sans-serif; font-size: 13px; text-align: left;"> Jose Cruz </b></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;">Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities </span></span></span><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" lang="EN-GB" style="color: #131e29; line-height: 17.1px; outline: none;">SEE A BRIGHTER WAY<sup style="outline: none;">SM</sup></span></span></span><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;">. </span></span></span></span></span><p></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;"><br /></span></span></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #131e29; line-height: 17.1px; outline: none;">JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit </span></span></span><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="color: #0563c1; outline: none;" target="_blank"><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #d51918; line-height: 17.1px; outline: none;">jll.com</span></span></span><span style="outline: none;"><span style="outline: none;"></span></span></a><span style="outline: none;"><span style="outline: none;"><span face="sans-serif" style="color: #d51918; line-height: 17.1px; outline: none;">.</span></span></span></span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><br /></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><br /></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><br /></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><b><u><span style="font-size: medium;">CONTACT</span></u></b></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="font-size: medium;"><br /></span></p><p class="yiv1024728596MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><b style="outline: none;"><span face="sans-serif" style="color: #e30613; outline: none;"><span style="font-size: medium;">Jenna Sharp</span></span></b></p><p class="yiv1024728596MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">JLL, Public Relations,</span></span></p><p class="yiv1024728596MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;"> Capital Markets</span></span></p><p class="yiv1024728596MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">Dallas, Texas</span></span></p><p class="yiv1024728596MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">M +1 214 394 3356</span></span></p><p class="yiv7543770562MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; line-height: 17.1px; margin: 0in; outline: none;"><span style="outline: none;"><span style="font-size: medium;"><span face="sans-serif" style="color: #d51918; line-height: 17.1px; outline: none;"></span></span></span></p><p class="yiv1024728596MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><a href="mailto:Jenna.Sharp@jll.com" rel="nofollow noopener noreferrer" style="color: #0563c1; outline: none;" target="_blank" ymailto="mailto:Jenna.Sharp@jll.com"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">Jenna.Sharp@jll.com</span></span></a></p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-80547175642795058852024-03-17T10:44:00.000-07:002024-03-17T10:44:47.715-07:00JLL Capital Markets advises on the sale of the 85-unit / 290-bed Salisbury Campus Apartments near Purdue University in West Lafayette, IN<p> <span style="background-color: white; color: #1d2228; font-family: Calibri; font-size: 8pt;"> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgNn4G7d87yn3DgqIlqZXJD7ZZl_tqsVoSLC5eafxxGLxG7Xi8sMW-meq2B8fssBXdiUwQSzIKqBM4edoabStzbEiGqBWTyjNrGAbW_HHQtmP1rQxZBEfPZtHsjvexuZRuSJx3jCSmjbvgQPq8pou-yceT_uhX_0M2uzArIZLerPtvxRf-URUJZXt1zg2tM/s910/Teddy%20Leatherman%20USE.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="910" data-original-width="572" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgNn4G7d87yn3DgqIlqZXJD7ZZl_tqsVoSLC5eafxxGLxG7Xi8sMW-meq2B8fssBXdiUwQSzIKqBM4edoabStzbEiGqBWTyjNrGAbW_HHQtmP1rQxZBEfPZtHsjvexuZRuSJx3jCSmjbvgQPq8pou-yceT_uhX_0M2uzArIZLerPtvxRf-URUJZXt1zg2tM/w402-h640/Teddy%20Leatherman%20USE.jpg" width="402" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;">Teddy Leatherman</b></td></tr></tbody></table></span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial; outline: none !important; text-align: justify;"><span style="outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228;">CHICAGO, IL –</span></span></b></span><span style="color: #1d2228;"></span></span><span style="font-family: arial; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"> </span><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"></a></span></span></span><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="font-family: arial; outline: none !important; text-align: justify;" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">JLL</span></span></span><span style="color: #1d2228; text-decoration-line: none;"></span></span></span></span></a><span style="font-family: arial; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"> Capital Markets has closed the sale of
Salisbury Campus Apartments, a five-building, 85-unit / 290-bed student housing
community located near the campus of Purdue University in West Lafayette,
Indiana.</span></span></span></span></span><span style="font-family: arial; text-align: justify;"> The price was not disclosed.</span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial; text-align: justify;"><br /></span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAxIOE8N5ut78V1_oi4uyxhH2CbisQ1SfkBgG5SCbQTHk9eqvIH56yIKK9bpGVoEH2F29exY54eZMixt_AcxncxQquWAwHocxdGG6EOFxLcn1i6XlTWM8C1hBszS4lD3rf3MRRHUoyRBPJvNU6TEpmqOnvyB8R9W9V2BnQ7CCFDOWtS7vO56R7eDrD0k30/s342/Grace%20Picchiotti..jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="342" data-original-width="237" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAxIOE8N5ut78V1_oi4uyxhH2CbisQ1SfkBgG5SCbQTHk9eqvIH56yIKK9bpGVoEH2F29exY54eZMixt_AcxncxQquWAwHocxdGG6EOFxLcn1i6XlTWM8C1hBszS4lD3rf3MRRHUoyRBPJvNU6TEpmqOnvyB8R9W9V2BnQ7CCFDOWtS7vO56R7eDrD0k30/w444-h640/Grace%20Picchiotti..jpg" width="444" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;">Grace Picchiotti<br /><br /></b></td></tr></tbody></table></p><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"> </span></span></span></span></span></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">JLL
represented the seller, Muinzer, and Champion Real Estate Company </span></span></span></span></span></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">acquired the properties.</span></span></span></span></span></p></span></span></span></span></span>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">The JLL Capital Markets Investment Sales
and Advisory team was led by Managing Directors <b>Scott Clifton</b> and <b>Teddy
Leatherman,</b> Director <b>Kevin Kazlow</b>, Associate <b>Jack Goldberger</b>
and Analyst <b>Grace Picchiotti.</b></span><o:p></o:p></p><p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><b><br /></b></span></p><p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjlHKm4DXYcqU7FqyghJgFhOnSJrFqji5TYRJllWHK12NuvvLigG2uADtVJhgN7ptp82z3Q1EBjzwNCyXevGbJ7a7EQ7nCiRNEUooJ-EoDIsS0LJI5wf1_15A0GHDcJRYjrNI8ltJm5CP5Ehu3HbpCspRax4kMirGfZIQIxfuwgmE2rvyuhJxe17UxAvcjm/s532/scott%20clifton%20use.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="532" data-original-width="380" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjlHKm4DXYcqU7FqyghJgFhOnSJrFqji5TYRJllWHK12NuvvLigG2uADtVJhgN7ptp82z3Q1EBjzwNCyXevGbJ7a7EQ7nCiRNEUooJ-EoDIsS0LJI5wf1_15A0GHDcJRYjrNI8ltJm5CP5Ehu3HbpCspRax4kMirGfZIQIxfuwgmE2rvyuhJxe17UxAvcjm/w286-h400/scott%20clifton%20use.jpg" width="286" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-size: 21.3333px; text-align: justify;">Scott Clifton<br /><br /></b></td></tr></tbody></table></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Built from 1983 to 1990, the Salisbury Campus
Apartments offer a mix of floorplans, ranging from studio, two-bedroom,
three-bedroom and four-bedroom units.</span></p><span style="outline: none !important;">
<p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"> </span><o:p></o:p></span></span></span></span></p>
</span><span style="outline: none !important;">
<p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;">Situated at 300 N. Salisbury, 310 N.
Salisbury, 229 Littleton, 235 Littleton and 318 N. Salisbury, the Salisbury
Campus Apartments are located just 0.25 miles from the campus of Purdue
University. <o:p></o:p></span></span></span></span></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">The Tier-1, Power Five university boasts
a Fall 2023 enrollment of 52,211 students, a 3% increase from the previous
academic year, as well as an offering of over 6,700 courses and 200
specializations.</span></p><p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjX_sEmbzYugd_N0F-wxw_lXAYeGPVFliEIvJ_M8InCs1qvwiMhA1qzD2e1GwjaZr22JbucGUe3YvhgbIUslCzthi1R6ICFtXd5sPhsGKEldY3XJB2zzCphf0QQQU1ROu3shlQyAJSvLlpwPPfMRfgoNc0njiYAxsh9roed2kcVHjc7qCZlV3YzkLAKiENH/s267/Kevin%20Kazlow%20USE.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="267" data-original-width="267" height="267" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjX_sEmbzYugd_N0F-wxw_lXAYeGPVFliEIvJ_M8InCs1qvwiMhA1qzD2e1GwjaZr22JbucGUe3YvhgbIUslCzthi1R6ICFtXd5sPhsGKEldY3XJB2zzCphf0QQQU1ROu3shlQyAJSvLlpwPPfMRfgoNc0njiYAxsh9roed2kcVHjc7qCZlV3YzkLAKiENH/s1600/Kevin%20Kazlow%20USE.jpg" width="267" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;">Kevin Kazlow</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">In addition to proximity to campus, residents also benefit
from being steps away from in-demand retailers, such as Target, Chipotle,
Chauncey Hill Mall and more.</span></p><p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><o:p></o:p></p><p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">“The student housing fundamentals at Purdue
University are among the strongest in the nation, and this transaction
highlights the tremendous liquidity available for value-add student housing
assets that are proximate to flagship institutions.</span></p></span><span style="outline: none !important;"><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"><br /></span></span></span></span></span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">"We’re excited to see Champion
execute on their proven business plan over the coming years. Go Boilermakers!”
said Clifton.</span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBuuQjbmDJpeoYRyplTGE7Ex_hUTwsYI5vHyIG9Mdhv5wrXpCt02QSaajD8MoQg_9m98Bwogl1Gu5BpHlpMCBQlx6jNByCqA_xpsoNCcbQBxzO_q1xvTw7h0bD4IUjA4ri0jWglOob2WRbavKB_8_uEjVa7x_6kDURjdetRAoH7MECt1TtyVRk8-GRgQAM/s282/Jack%20Goldberger.%20USE.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="282" data-original-width="222" height="282" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBuuQjbmDJpeoYRyplTGE7Ex_hUTwsYI5vHyIG9Mdhv5wrXpCt02QSaajD8MoQg_9m98Bwogl1Gu5BpHlpMCBQlx6jNByCqA_xpsoNCcbQBxzO_q1xvTw7h0bD4IUjA4ri0jWglOob2WRbavKB_8_uEjVa7x_6kDURjdetRAoH7MECt1TtyVRk8-GRgQAM/s1600/Jack%20Goldberger.%20USE.jpg" width="222" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;">Jack Goldberger</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">JLL Capital Markets is a full-service global
provider of capital solutions for real estate investors and occupiers. </span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The
firm's in-depth local market and global investor knowledge delivers the
best-in-class solutions for clients — whether investment and sales advisory,
debt advisory, equity advisory or a recapitalization. </span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The firm has more than
3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.</span></p></span><span style="outline: none !important;">
<p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"> </span><o:p></o:p></span></span></span></span></p>
</span><span style="outline: none !important;">
<p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">For more news, videos and research resources
on JLL, please visit our </span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"></a></span></span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1;"><span style="outline: none !important;"><span style="outline: none !important;">newsroom</span></span></span><span style="color: #1d2228; text-decoration-line: none;"></span></span></span><span style="outline: none !important;"></span></a></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">.</span><o:p></o:p></span></span></span></p>
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<p class="yiv5473783333msolistparagraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><!--[if !supportEmptyParas]--> </span></span></span></span></p></span><span style="outline: none !important;">
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</span>
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<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">CONTACT:<o:p></o:p></span></u></b></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv5473783333msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">JLL,
Public Relations, Capital Markets</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">Dallas,
Texas</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv5473783333msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">M
+1 214 394 3356</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="MsoNormal" style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank" ymailto="mailto:Jenna.Sharp@jll.com"><span style="outline: none !important;"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></span></a></span><span style="outline: none !important;"></span></p><p class="MsoNormal" style="outline: none !important;"><span style="font-family: arial; font-size: large;"><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none !important; text-align: justify;" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1;">jll.com</span></span></span><span style="outline: none !important;"><span style="color: #1d2228; text-decoration-line: none;"></span></span></a><span style="outline: none !important; text-align: justify;">.</span></span></p></span><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-8387925793371361682024-03-16T20:05:00.000-07:002024-03-16T20:08:45.462-07:00 JLL Capital Markets arranges $5 million acquisition financing of the 13-unit, six-story University of California, Berkeley student housing property at12 Panoramic Way in Berkeley, CA<p> <span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 16pt;"> </span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPKVOjzhGVLojagqvEhuOcJqWcNrd02hibDqKC_0nTt3bhKAcPFg1HE6Dpvm8Eu8P_vX__d_sJiOuAbo8XyGVo9fKXwcHnKoiZIPE83gGumC46xtP6sgvR21whvqHLraMiQmFR2RZgQYvM_djY8GOsk8mxqMsS8EJBJKLJ_owUsWdah741E1VYG9oIbe56/s400/Sarah%20Murphy..jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="400" data-original-width="400" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPKVOjzhGVLojagqvEhuOcJqWcNrd02hibDqKC_0nTt3bhKAcPFg1HE6Dpvm8Eu8P_vX__d_sJiOuAbo8XyGVo9fKXwcHnKoiZIPE83gGumC46xtP6sgvR21whvqHLraMiQmFR2RZgQYvM_djY8GOsk8mxqMsS8EJBJKLJ_owUsWdah741E1VYG9oIbe56/w640-h640/Sarah%20Murphy..jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 21.3333px; text-align: left;">Sarah Murphy</b></td></tr></tbody></table><p></p><p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;">SAN FRANCISCO, CA<b> –</b></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> JLL Capital Markets has arranged the
$5.2 million acquisition financing for 12 Panoramic Way, a 13-unit, six-story
student housing community located near the campus of University of California,
Berkeley. </span></span></span></p><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></p><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"></span></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIFq1B8eTCCUr6TU5-9jCZ8WBcab-iVRqo58jBGMHQdC7lJSqiwtT7-NpJVGfg6r2ZkNXGlCiMpGFvL1U3KV8ROZ9wfIfatkfLvSgKY91E2uN_KfnDtUvI6IMmAmji0Ee3M8lBbGU6hQakGY36Beky7eAHZ4FcvweIWazBnWbQKk-izRo87VSf9dJLnJsH/s360/12%20Panoramic%20Way.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="201" data-original-width="360" height="358" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIFq1B8eTCCUr6TU5-9jCZ8WBcab-iVRqo58jBGMHQdC7lJSqiwtT7-NpJVGfg6r2ZkNXGlCiMpGFvL1U3KV8ROZ9wfIfatkfLvSgKY91E2uN_KfnDtUvI6IMmAmji0Ee3M8lBbGU6hQakGY36Beky7eAHZ4FcvweIWazBnWbQKk-izRo87VSf9dJLnJsH/w640-h358/12%20Panoramic%20Way.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="text-align: left;"><span style="font-family: arial;"><b>University of California Berkeley student housing<br />12 Panoramic Way</b></span></span></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></span></span><p></p><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">JLL
worked on behalf of the borrower, Valiance Capital, to secure the loan through
Knighthead Funding.</span></span></span></p></span></span></span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> </span><o:p></o:p></span></span></p>
</span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv6735003168eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"></span></span></span></span></span></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCmGDb_YG4haPqb0mO33IY-N8oy27o2OoVHbBWHGK0ZsbAHhdTEhc0pv-HfjjSddh5Jh9lRRtMG3jjyPjZN1yT8U-E1hVt0doUdolbGqGMIfE9UelfS0Upm2wTWOpUuq1_kfZrjLdWcGCBHR-22M-Nw-LxHAHzQJx3VYmHDUsUT9z9RS3fzHhcoaFOHc8n/s2100/Rick%20Salinas.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="2100" data-original-width="1500" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCmGDb_YG4haPqb0mO33IY-N8oy27o2OoVHbBWHGK0ZsbAHhdTEhc0pv-HfjjSddh5Jh9lRRtMG3jjyPjZN1yT8U-E1hVt0doUdolbGqGMIfE9UelfS0Upm2wTWOpUuq1_kfZrjLdWcGCBHR-22M-Nw-LxHAHzQJx3VYmHDUsUT9z9RS3fzHhcoaFOHc8n/w286-h400/Rick%20Salinas.jpg" width="286" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 21.3333px; text-align: left;">Rick Salinas</b></td></tr></tbody></table><span style="outline: none;"><span class="yiv6735003168eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;">Built
in 1948, 12 Panoramic Way features one- and two-bedroom units, averaging 670
square feet. As the property has been owned by the same family for 40 years, </span></span></span></span></span><span style="color: #1d2228; font-size: 16pt;"></span></span><span style="outline: none;"><span style="outline: none;"><span style="font-family: arial;"><span style="outline: none;"><span style="outline: none;">Valiance
will undergo a value-add business plan that improves the quality and amenities
of the entire property.</span><o:p></o:p></span><span style="outline: none;"></span></span></span></span><p></p>
<span style="outline: none;"><span style="font-family: arial;">
</span><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv6735003168eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-size: 16pt;"><span style="outline: none;"><span style="font-family: arial;"> </span></span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></p>
</span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;">Located
on the hillside overlooking the Southside District, <span style="outline: none;"><span class="yiv6735003168eop">the property is
just a </span></span>five-minute walk to campus, one block from Greek
life, half a block from Memorial Football Stadium and only an eight-minute walk
to The Greek Theatre. <o:p></o:p></span></span></span></span></p><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><br /></span></span></span></span></p><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="font-size: 16pt;">Residents are also within
proximity of the hundreds of cafes, quick-serve restaurants, brewpubs,
fine-dining restaurants and cocktail lounges within Berkeley.</span></span></span></span></p>
<p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">The property is a 25-minute
walk from the Berkeley Downtown BART station, providing access to San
Francisco, Oakland and Silicon Valley, and there are a total of four transit
stations within a block of the community. In addition, the location provides
easy highway access and is within close distance to a ferry line from Jack
London Square that shuttles passengers to San Francisco.</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p><p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjj3dbYKAAcGHS4RCze-t6lwTSQeP_XNlWKG9cgIpA_elLK5nNpGFzz_Ife7doJKMvyfKIzlES1mM5jmL2w0SdN4i0gh83BxxeVgoJswdCeOKS5rN1Vv9jVbohKk-L5gKzr1KLwmTNUm4OHjMlZG9yn2NdZNahp36G2F-Y58r75JZ6HuwHaESozCvMbnTiU/s285/Jonah%20Aelyon.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="285" data-original-width="203" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjj3dbYKAAcGHS4RCze-t6lwTSQeP_XNlWKG9cgIpA_elLK5nNpGFzz_Ife7doJKMvyfKIzlES1mM5jmL2w0SdN4i0gh83BxxeVgoJswdCeOKS5rN1Vv9jVbohKk-L5gKzr1KLwmTNUm4OHjMlZG9yn2NdZNahp36G2F-Y58r75JZ6HuwHaESozCvMbnTiU/w285-h400/Jonah%20Aelyon.jpg" width="285" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Jonah Aelyon</b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;">The
JLL Capital Markets Debt Advisory team was led by Senior Director </span><b style="font-family: Arial; font-size: 16pt;">Rick
Salinas</b><span style="font-family: Arial; font-size: 16pt;">, Director </span><b style="font-family: Arial; font-size: 16pt;">Jonah Aelyon</b><span style="font-family: Arial; font-size: 16pt;">, Vice President </span><b style="font-family: Arial; font-size: 16pt;">Sarah Murphy</b><span style="font-family: Arial; font-size: 16pt;">
and Analyst </span><b style="font-family: Arial; font-size: 16pt;">Will Bond.</b><p></p></span><span style="outline: none;"><span style="outline: none;"><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><o:p></o:p></p>
<span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv6735003168eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></p>
</span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="font-family: arial;"><span style="outline: none;"><span class="yiv6735003168eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-size: 16pt;"><span style="outline: none;">“</span></span></span></span></span><span class="yiv6735003168ui-provider"></span><span style="color: #1d2228;"></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="font-size: medium;"><span style="font-family: arial;">Valiance's
local presence in Berkeley has enabled them to forge strong industry
relationships in the area and subsequently acquire well-located, privately-run
student housing communities. </span><o:p></o:p></span></span></span></span></span></span></span></p>
<p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv6735003168ui-provider"><span style="color: #1d2228; font-family: Arial;"><!--[if !supportEmptyParas]--><span style="font-size: medium;"> </span><!--[endif]--><span style="font-size: 16pt;"><o:p></o:p></span></span></span></p>
<p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv6735003168ui-provider"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">"We look
forward to watching them implement their business plan and thank Knighthead for
another strong closing experience,” said Aelyon.</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
</span></span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv6735003168eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></p>
</span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;">JLL’s
Capital Markets group is a full-service global provider of capital solutions
for real estate investors and occupiers. <o:p></o:p></span></span></span></span></p><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><br /></span></span></span></span></p><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"></span></span></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjlmhzBHd4JT0ybpfixLaImDm1bhYCJgZCGGJqliKsooBVpXXCEvNQZp4x-uncgfXpH1QR2QHNlpRbSNeKKdjKIpc27j1S5hGmN8RbAGdNbHKbvlIhmj3-HIu4GvuWNRtcai3dmvi5tT86dqqLyHSUyvonN-uIQ9DMFsVUE7YZ3fKraUOGKvMf3PL-AXTkF/s361/Will%20Bond..jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="361" data-original-width="232" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjlmhzBHd4JT0ybpfixLaImDm1bhYCJgZCGGJqliKsooBVpXXCEvNQZp4x-uncgfXpH1QR2QHNlpRbSNeKKdjKIpc27j1S5hGmN8RbAGdNbHKbvlIhmj3-HIu4GvuWNRtcai3dmvi5tT86dqqLyHSUyvonN-uIQ9DMFsVUE7YZ3fKraUOGKvMf3PL-AXTkF/w258-h400/Will%20Bond..jpg" width="258" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 16pt; text-align: left;">Will Bond</b></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="font-size: 16pt;">The firm's in-depth local
market and global investor knowledge delivers the best-in-class solutions for
clients — whether investment sales and advisory, debt advisory, equity advisory
or a recapitalization.</span></span></span></span><p></p>
<p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6735003168msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">The firm has more than 3,000
Capital Markets specialists worldwide with offices in nearly 50 countries.</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
</span></span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"> </span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></p>
</span><span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;">For
more news, videos and research resources on JLL, </span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">please
visit our </span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"></a></span></span></span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span style="outline: none;"><span style="color: #0563c1;"><span style="outline: none;"><span style="outline: none;">newsroom</span></span></span><span style="color: #1d2228; text-decoration-line: none;"></span></span></span><span style="outline: none;"></span></a><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">.</span><o:p></o:p></span></span></span></p>
</span>
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><u><b style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;"> </span></span></span></b><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></u></p>
<span style="outline: none;"><u>
</u><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><b style="outline: none;"><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;"><u>About Valiance Capital</u></span></span></b></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p><p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><b style="outline: none;"><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></span></b></span></p>
<span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;">Valiance Capital is a Berkeley-based
private real estate investment firm specializing in multifamily and
student-housing assets in Berkeley, California. </span></span></span><o:p></o:p></p>
<span style="outline: none;">
<p class="yiv6735003168msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="font-family: Arial; font-size: 8pt;"> </span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"></span><o:p></o:p></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
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<p class="yiv7386786441msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:Jenna.Sharp@jll.com"><span style="outline: none;"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></span></a></span><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></span></p></span></span></span><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-51278099132325178682024-03-15T23:47:00.000-07:002024-03-15T23:47:51.028-07:00AnaBios signs 20,000-SF lease at the GENESIS-San Diego building in downtown San Diego, CA<p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjg1rROF_gJIWk9jDi8gyNaI65UThzrwE8Fcia9RYf0NQ3YGWP1yS1Sg6vHT0pMaogtDgY8zV2ME4keDqPfx1CMhuL_ThIN96iXH1MPzMW3HYDizZzb2OQn-Bt8VZzYNL2DNEiW6XQzqRwXRGvk_b1jhptyltBablmu0yZbloGu6PJOxgWAjEMhtCLXDmHv/s1080/gENesis%20SD1.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="719" data-original-width="1080" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjg1rROF_gJIWk9jDi8gyNaI65UThzrwE8Fcia9RYf0NQ3YGWP1yS1Sg6vHT0pMaogtDgY8zV2ME4keDqPfx1CMhuL_ThIN96iXH1MPzMW3HYDizZzb2OQn-Bt8VZzYNL2DNEiW6XQzqRwXRGvk_b1jhptyltBablmu0yZbloGu6PJOxgWAjEMhtCLXDmHv/w640-h426/gENesis%20SD1.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="outline: none !important; text-align: left;"><span style="font-family: arial; font-size: medium;">The eight-story, 200,000-SF GENESIS-San Diego<br /> building in downtown San Diego, CA<br /> is 50 percent leased</span></b></td></tr></tbody></table> <span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 16pt;"> <br /></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><b style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></b><b style="outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">SAN DIEGO, CA </span></span></b><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt;">– Confirming that Downtown San Diego is a growing life science cluster,
Phase 3 Real Estate Partners, Inc. has proudly announced its newest lease with
AnaBios within the highly coveted GENESIS-San Diego.</span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiF1Bvq2P5d77oCIfHpozgzRCHr6LPIiyKCJKPx_m9MEfOeh3h0e90E6h_SwjiCeHhEAxw5xU271FF3MiBchQsZwThwXB6B63wADfvn2SN4zP4xgRyAAKkAq4ImZNyUwyXu9NMbRGpVOf-hnOteOk68pGSyOoXvUyTgbtoz3xyj0AVJGTrHU5o7X9ScL0KZ/s323/Andre%20Ghetti.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="323" data-original-width="250" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiF1Bvq2P5d77oCIfHpozgzRCHr6LPIiyKCJKPx_m9MEfOeh3h0e90E6h_SwjiCeHhEAxw5xU271FF3MiBchQsZwThwXB6B63wADfvn2SN4zP4xgRyAAKkAq4ImZNyUwyXu9NMbRGpVOf-hnOteOk68pGSyOoXvUyTgbtoz3xyj0AVJGTrHU5o7X9ScL0KZ/w496-h640/Andre%20Ghetti.jpg" width="496" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Andre Ghetti<br /><br /></b></td></tr></tbody></table>This cutting-edge, eight-story, 200,000-square-foot Class A life science
building, established itself as a premiere facility for some of the most
forward-thinking life science companies in San Diego.</span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhti7e6-_3gBVo69U6_hQx5IFKX6wFfHYBzsRgrJC1s5o2kj6yAtWPVwFYwMj29K_tnNu3_BGD-wGMW-QujeocOsZvDPkLbbvd0FXAJIbV-5oukxGC35FjjDdsx3HwRxip2aotdehgd-tztZfe42Z7iiUz2RJoP6JIY7Fu6XATAZnq28g1N6O8duKYzsDVY/s266/Chad%20Urie%20USE.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="266" data-original-width="204" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhti7e6-_3gBVo69U6_hQx5IFKX6wFfHYBzsRgrJC1s5o2kj6yAtWPVwFYwMj29K_tnNu3_BGD-wGMW-QujeocOsZvDPkLbbvd0FXAJIbV-5oukxGC35FjjDdsx3HwRxip2aotdehgd-tztZfe42Z7iiUz2RJoP6JIY7Fu6XATAZnq28g1N6O8duKYzsDVY/w307-h400/Chad%20Urie%20USE.jpg" width="307" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Chad Urie</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The signing of AnaBios to a new
20,000-square-foot lease GENESIS-San Diego brings the property to 50 percent
leased. </span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">AnaBios is joined by Novoron Bioscience, Excellos and Native Microbials
in downtown's newest wet lab building.</span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">AnaBios will use the space to continue
offering their clients cutting-edge drug discovery and research translational
services based on of high-quality human tissue and cells, including heart,
lung, and dorsal root ganglia.</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">"We believe that being located in
downtown San Diego near other life science firms, the Convention Center and the
airport will provide a key catalyst for our growth," said <b>Andre Ghetti</b>,
Founder and Chief Executive Officer at AnaBios. <o:p></o:p></span></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><br /></span></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIqefpr_Okbaiw0O1PjrMxo5eqHYekABAiGI9eHD6T6fxjSyLtwprbMdn3wfCrWgVPJ4MnnluAZKqkl02AsfCzoLaJ3Ohq1i_k25kFpBcIWc33noIO7eaaqtJwXI1KuC_EaLB2AZqZLGxMfbuEH9b0YSZq8z8uIInkchH0kpTv7Qz7qJnm5-rb86L2JNO4/s385/Grant%20Schoneman,USE.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="385" data-original-width="279" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIqefpr_Okbaiw0O1PjrMxo5eqHYekABAiGI9eHD6T6fxjSyLtwprbMdn3wfCrWgVPJ4MnnluAZKqkl02AsfCzoLaJ3Ohq1i_k25kFpBcIWc33noIO7eaaqtJwXI1KuC_EaLB2AZqZLGxMfbuEH9b0YSZq8z8uIInkchH0kpTv7Qz7qJnm5-rb86L2JNO4/w290-h400/Grant%20Schoneman,USE.jpg" width="290" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Grant Schoneman</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">"The unmatched resources, inspiring environment, and unwavering
commitment to innovation offered by Phase 3 Real Estate Partners align
perfectly with our vision for the future.”</span></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">JLL’s <b>Chad Urie, Grant Schoneman and
Taylor DeBerry</b> represented the landlord, Phase 3 Real Estate Partners, in
the lease. AnaBios was represented by <b>Jon Engle and John Hundley</b>
of Newmark. GENESIS San Diego can accommodate users ranging from 7,500 square
feet and larger.</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">"Downtown San Diego is emerging as
a vibrant hub for innovative life science companies, and AnaBios' decision to
join the impressive lineup at GENESIS reflects the area’s appeal,” said <b>Jon
Engle</b>, Newmark Managing Director. <o:p></o:p></span></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><br /></span></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvvtoAUhmPXDRAsz_rCbnPqKpecQJLwI3cLwG7Cx4caq5d1zROLwLXgG6dwlxZBqAw-XW8EPRzDCYZhEcQ-AN77AtZj6d1dn2a5W67a2NEBsp7nTShrN5o-tqW37Ms8ypJwdWp1EQAqDky0MaFVmaTmlUr9Y3ZKgxpsDGMojfR1xXZ_jwLJAs5QzakaC0J/s470/Taylor%20DeBerry.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="470" data-original-width="470" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvvtoAUhmPXDRAsz_rCbnPqKpecQJLwI3cLwG7Cx4caq5d1zROLwLXgG6dwlxZBqAw-XW8EPRzDCYZhEcQ-AN77AtZj6d1dn2a5W67a2NEBsp7nTShrN5o-tqW37Ms8ypJwdWp1EQAqDky0MaFVmaTmlUr9Y3ZKgxpsDGMojfR1xXZ_jwLJAs5QzakaC0J/s320/Taylor%20DeBerry.jpg" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Taylor DeBerry</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">“The city's collaborative
environment, coupled with the cutting-edge facilities provided by Phase 3 Real
Estate Partners, is fostering an ecosystem where companies like AnaBios can
thrive and advance groundbreaking discoveries and scientific research."</span></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">Phase 3 Real Estate Partners Inc., in
partnership with Barings and Bain Capital Real Estate, completed the
Genesis-San Diego life science conversion in mid-2022, delivering robust
infrastructure, premier finishes and thoughtful designs that were curated
allowing today’s top biotech companies space to grow, and succeed in their
endeavours. <o:p></o:p></span></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in; mso-line-height-alt: 10.7pt;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">Learn more at <a href="http://www.genesis-sandiego.com/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;">www.GENESIS-SanDiego.com</span></a>.</span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p align="center" class="yiv7550419265msolistparagraph" style="background: white; margin: 0in 0in 10pt; outline: none !important; text-align: center;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvUwJN81YIGFBqhqUA4wDokt0TweIL-VvoTHppSEGvD6RLq1z97fGR6DnRdDkeWcWHphXMQ2N6Lq5prcqtdGbn0GwkM1PEBChe4n9eaK7JjZEhRl5rs0DrNGfLEmIuCuYoRualgO5WPrL8cU7ZTJZJzpP-yzkL5fFXjfF9wCf5fnRPYjsMoP-uikU-KTft/s311/Jon%20Engle.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="311" data-original-width="259" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvUwJN81YIGFBqhqUA4wDokt0TweIL-VvoTHppSEGvD6RLq1z97fGR6DnRdDkeWcWHphXMQ2N6Lq5prcqtdGbn0GwkM1PEBChe4n9eaK7JjZEhRl5rs0DrNGfLEmIuCuYoRualgO5WPrL8cU7ZTJZJzpP-yzkL5fFXjfF9wCf5fnRPYjsMoP-uikU-KTft/w333-h400/Jon%20Engle.jpg" width="333" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-size: 21.3333px; text-align: left;">Jon Engle</b></td></tr></tbody></table></span></span><b style="outline: none !important; text-align: left;"><span style="outline: none !important;"><u><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">About Phase 3 Real Estate Partners</span></u></span></b></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">Phase 3 Real Estate Partners, Inc., ("Phase 3")
develops premier ready to occupy research and development facilities in the
major innovation clusters of the United States. <o:p></o:p></span></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">Phase 3's focus
on delivering the highest quality space with accelerated speed to occupancy
within these key geographies allows companies to immediately pursue their
scientific goals. <o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">The Phase 3 team
delivers a clean, modern design aesthetic, the right combination of amenities
to create community and appropriate infrastructure to meet the needs of the
companies who call our facilities home.<o:p></o:p></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0DY7JjsPnLPrjPEaWMIvclT9seyb0s050CdqWEqdeU58kMc5LBSdhXxmWPZJTUWSEw-fuLpe_aVWs3CiuyabadvcW_z03sOLUfv6RymFyqbsi7nEpG8mUHlSSIPp-AD1tpp_0zspA4vj4Bnop5HT-xKnu_57jAZI3kDmep4jW557V5eBZoN1RQscndXO0/s313/John%20Hundley%20ISE.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="313" data-original-width="199" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0DY7JjsPnLPrjPEaWMIvclT9seyb0s050CdqWEqdeU58kMc5LBSdhXxmWPZJTUWSEw-fuLpe_aVWs3CiuyabadvcW_z03sOLUfv6RymFyqbsi7nEpG8mUHlSSIPp-AD1tpp_0zspA4vj4Bnop5HT-xKnu_57jAZI3kDmep4jW557V5eBZoN1RQscndXO0/w254-h400/John%20Hundley%20ISE.jpg" width="254" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">John Hundley</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The firm's expertise in development,
construction and management of life science facilities results in a strong
partnership between our tenants and our team.</span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> Phase 3's current portfolio consists of
nearly 4.5 million square feet and is growing in San Diego, San Francisco and
Boston. </span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span><b> </b></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><u><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">About Barings</span><o:p></o:p></u></span></b></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="background: rgb(241, 243, 244); font-family: Arial; font-size: 16pt;">Barings is a $362+ billion* global
investment manager sourcing differentiated opportunities and building long-term
portfolios across public and private fixed income, real estate, and specialist
equity markets. <o:p></o:p></span></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="background: rgb(241, 243, 244); font-family: Arial; font-size: 16pt;"><br /></span></span></p><p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img border="0" data-original-height="720" data-original-width="1080" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTPy9GDuG5DM5iRONvrsn-w9IfRzXDBuJJBqzNlWe3qRWX2zSP0cK36OrKTiXSiy3NyRHXi0fr8_rLQq5q-qZkLkcs_LOCIteBUunp2vcqplhwEcH2gMM2MWw1f3xEwCFTTFiVxDMvS7qfOp8skTmVghGCEcs3NwlYqX7rs50-wteEGHbRgbr-7y6GV6gE/w640-h426/Genesis%20SD3.jpg" style="margin-left: auto; margin-right: auto;" width="640" /></td></tr><tr><td class="tr-caption" style="text-align: left;"><span style="color: #1d2228; font-family: Arial;"><span style="font-size: 21.3333px;"><b> Genesis-SD3<br /><br /></b></span></span></td></tr></tbody></table><span style="background-color: #f1f3f4; font-family: Arial; font-size: 16pt;">With
investment professionals based in North America, Europe and Asia Pacific, the
firm, a subsidiary of MassMutual, aims to serve its clients, communities and
employees, and is committed to sustainable practices and responsible investment.</span></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="background: rgb(241, 243, 244); font-family: Arial; font-size: 16pt;">*As of March 31, 2023</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="background: #F1F3F4; color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> </span></p><span style="outline: none !important;">
<span style="outline: none !important;">
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7550419265msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Arial; mso-bidi-font-size: 8.0pt;">David Ebeling</span></b><b><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></b></p>
<p class="yiv7550419265msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Arial; mso-bidi-font-size: 8.0pt;">Ebeling Communications</span></span><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Arial; mso-bidi-font-size: 8.0pt;">949.861.8351</span></span><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Arial; mso-bidi-font-size: 8.0pt;">949.278.7851 (Cell)</span></span><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Arial; mso-bidi-font-size: 8.0pt;"><a href="mailto:david@ebelingcomm.com" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank" ymailto="mailto:david@ebelingcomm.com"><span style="outline: none !important;">david@ebelingcomm.com</span></a></span></span><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7550419265msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Arial; mso-bidi-font-size: 8.0pt;">Member of the National Association<o:p></o:p></span></span></p>
<p class="yiv7550419265msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-family: Arial; mso-bidi-font-size: 8.0pt;"> of Real Estate Editors (NAREE)</span><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><b style="outline: none !important;"><i style="outline: none !important;"><span style="outline: none !important;"><span style="font-family: Calibri; font-size: 20pt;">“PR
Strategist for the Commercial Real Estate Industry: I do what I love and
love what I do.”</span><o:p></o:p></span></i></b></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><i><span style="font-family: Calibri; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></i></b></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><a href="http://www.jll.com/" target="_blank"><span style="outline: none !important;"><span lang="EN-US">jll.com</span></span></a></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">.<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><a href="http://www.p3re.com/" target="_blank"><span style="outline: none !important;">www.P3RE.com</span></a>.</span><o:p></o:p></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p></span></span><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-19866192865444274622024-03-15T22:07:00.000-07:002024-03-15T22:07:54.515-07:00The Easton Group Helps Dream Team Law acquire office building at 1120 Ponce de Leon Boulevard in Coral Gables, FL. for $5.1 million<p> </p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRRJV5_NWqCSnNFsP_yt_58Z3YAK2EbaULnSRr0oCOz7Y_MlTfEzmuBMNvUc1b8Ah2eNaME9LOx1qsQxFNbtcqPJJBcLPHInQTLHo6Lz9O41IAAG4E9oSz7KPeWEJefn0pobu14S8veJn-mefPPxXRr5GzQafVMaPGGEVKRVWJZUjOUEiMhWL7BrP6-yRp/s555/Vanessa%20E.%20Dream.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="555" data-original-width="393" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRRJV5_NWqCSnNFsP_yt_58Z3YAK2EbaULnSRr0oCOz7Y_MlTfEzmuBMNvUc1b8Ah2eNaME9LOx1qsQxFNbtcqPJJBcLPHInQTLHo6Lz9O41IAAG4E9oSz7KPeWEJefn0pobu14S8veJn-mefPPxXRr5GzQafVMaPGGEVKRVWJZUjOUEiMhWL7BrP6-yRp/w454-h640/Vanessa%20E.%20Dream.jpg" width="454" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Vanessa E. Dream</b></td></tr></tbody></table><br /><p></p><p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;">Coral
Gables, FL and Doral, FL<b> —</b>The Easton Group</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> assisted
a Coral Gables law firm to find new headquarters in Coral Gables.</span></span></span></span></p><span style="outline: none;">
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="mso-spacerun: yes;"> </span>Dream
Team Law, led by U.S. Navy veteran <b>Vanessa E. Dream</b>, Esq., bought the
8,500-square-foot office building at 1120 Ponce De Leon Blvd. for $5.1 million.
<o:p></o:p></span></p>
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Easton senior associate <b>Jake Weiss</b>
represented the law firm in the transaction. <b>Jennifer Aragon</b> of
Pan American Realty Services represented the seller, Cantelop Properties LTD.</span><o:p></o:p></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"> </span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBY-EEUG1jisNGJlWhgXPzPEuOD_voyLGMZvhfdyKYKcYv-j7b3KT5EMiWSbE4xZuAGbUXLUFMz-EOqBRwxJzlQictZmhekGempORjihp1d-v2V5CkaV0BvBcjr4pcWzGe-vF5DpD9R756NnAc9R6nNt7P1E746MhAQyWDknzEnvhmlvyHB_pc7fc3tAXE/s220/Jake%20Weiss%20UDE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="220" data-original-width="206" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBY-EEUG1jisNGJlWhgXPzPEuOD_voyLGMZvhfdyKYKcYv-j7b3KT5EMiWSbE4xZuAGbUXLUFMz-EOqBRwxJzlQictZmhekGempORjihp1d-v2V5CkaV0BvBcjr4pcWzGe-vF5DpD9R756NnAc9R6nNt7P1E746MhAQyWDknzEnvhmlvyHB_pc7fc3tAXE/w375-h400/Jake%20Weiss%20UDE.jpg" width="375" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Jake Weiss</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> <br /><br /></span></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;">“Our
client’s leases were coming up, and they wanted one centralized headquarters in
the Gables to accommodate the incredible growth they are experiencing, not just
in South Florida, but around the country,” Weiss said.<o:p></o:p></span></span></span></span></p>
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="mso-spacerun: yes;"> </span>“When
we evaluated all the options, buying an office building made the most sense.
Obtaining insurance and financing in today’s market climate presented a few
hurdles, but we overcame them and ultimately closed the deal.”</span><o:p></o:p></p><p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-ZFRwE6LDS9bSISc7mBalL7biafo_ZvHfnam5RG2_LFO1SNr1dKItIqgQWe75dD8CYBY4t8YavCgyucopHoH-IUmU8t6XSg69pJ8UHlD5_thGwBy4x6_pqcusuHO80SQzVAok_L_nKU3rPIfN-04vUS9aaVVIuVJhe0XvmUHjHJ5Re56qRN05S5LF7Qqs/s224/Jennifer%20Aragon%20use.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="224" data-original-width="224" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-ZFRwE6LDS9bSISc7mBalL7biafo_ZvHfnam5RG2_LFO1SNr1dKItIqgQWe75dD8CYBY4t8YavCgyucopHoH-IUmU8t6XSg69pJ8UHlD5_thGwBy4x6_pqcusuHO80SQzVAok_L_nKU3rPIfN-04vUS9aaVVIuVJhe0XvmUHjHJ5Re56qRN05S5LF7Qqs/w640-h640/Jennifer%20Aragon%20use.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Jennifer Aragon<br /><br /></b></td></tr></tbody></table><span style="background-color: transparent; color: #1d2228; font-family: Arial; font-size: 16pt;">Dream
Team Law, which primarily handles personal injury cases, currently works from
two offices in Coral Gables and will consolidate all operations in the new
building. </span></p><p></p></span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">The firm has approximately 30 attorneys and
staff in South Florida and is rapidly expanding.</span><o:p></o:p></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"> </span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;">“We
are very appreciative of the support and dedication by the Easton Group and our
associate, Jake Weiss,” Dream said. “We are looking forward to continuing
to grow our firm from our new home in the Gables.”</span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><br style="outline: none;" />
The law firm recently merged with a litigation firm in Coral Gables and has
offices in Illinois, Georgia, Texas and New Jersey. </span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"> </span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 10.0pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; margin: 0in 0in 10pt; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><b><u><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></u></b><span style="outline: none;"></span></span></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5355218966msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">Todd Templin</span><o:p></o:p></b></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;">BoardroomPR</span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv5355218966msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><a href="mailto:ttemplin@boardroompr.com" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:ttemplin@boardroompr.com"></a></span></span></span></span><a href="mailto:ttemplin@boardroompr.com" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:ttemplin@boardroompr.com"><span style="outline: none;"><span style="outline: none;"><span style="color: #467886;"><span style="outline: none;"><span style="outline: none;">ttemplin@boardroompr.com</span></span></span><span style="color: #1d2228; text-decoration: none; text-underline: none;"></span></span></span><span style="outline: none;"></span></a><span style="outline: none;"><o:p></o:p></span><span style="outline: none;"></span></p>
</span><span style="outline: none;">
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;">954-370-8999
and 954-290-0810</span><o:p></o:p></span></span></span></p>
</span>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.dreamteamlawfl.com/" target="_blank"><span style="outline: none;"><span style="outline: none;"><span style="color: #467886;">www.dreamteamlawfl.com</span></span></span><span style="outline: none;"><span style="color: #1d2228; text-decoration: none; text-underline: none;"><span style="outline: none;"></span></span></span></a></span><span style="outline: none;"><o:p></o:p></span><span style="outline: none;"></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.theeastongroup.com/" target="_blank"><span style="outline: none;"><span style="outline: none;"><span style="color: #467886;">www.theeastongroup.com</span></span></span><span style="outline: none;"><span style="color: #1d2228; text-decoration: none; text-underline: none;"><span style="outline: none;"></span></span></span></a></span><span style="outline: none;"><span style="outline: none;">.</span><o:p></o:p></span><span style="outline: none;"></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-40340519925991191152024-03-15T21:12:00.000-07:002024-03-15T21:12:43.560-07:00R.M. Woodworth & Associates and Core Hospitality Advisors to Merge<p> <table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsUZiyasPIuBJlCnEaN-jpJqE5qnuuzZVzYeR0DTlHNnJRPy8ftwjBg44UX5rLAroIwmOvqpsakwEBZ1XXmox5RwswVY5M7CVyEj_PSizSRXtTo_QFez_aiH_IbGjl5NK6u0EkSpgvvc22TVhqfLSU3z-ca8ui2sjQNCwOwZiY8UHDNk3iVbzv-y76-bfM/s311/Adam%20Cowart.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="311" data-original-width="234" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsUZiyasPIuBJlCnEaN-jpJqE5qnuuzZVzYeR0DTlHNnJRPy8ftwjBg44UX5rLAroIwmOvqpsakwEBZ1XXmox5RwswVY5M7CVyEj_PSizSRXtTo_QFez_aiH_IbGjl5NK6u0EkSpgvvc22TVhqfLSU3z-ca8ui2sjQNCwOwZiY8UHDNk3iVbzv-y76-bfM/w301-h400/Adam%20Cowart.jpg" width="301" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Adam Cowart</span></b><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;"> </span></td></tr></tbody></table><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;">ATLANTA, GA AND BIRMINGHAM, AL, MARCH 15, 2024---Officials
of R.M. Woodworth & Associates (RMWA), a leading provider of customized
lodging research and advisory services, and Core Hospitality Advisors, a firm
specializing in hospitality real estate appraisals, today announced the merger
of their two firms.</span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">Adam Cowart</span></b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">
and <b>John Ritger</b> will be joining <b>Mark Woodworth, Henry B. “Hank”
Staley, Jr. and Jill L. Bidwell</b> as principals in the new firm, Woodworth
Core Group (WCG). <o:p></o:p></span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">With the merger, WCG will have offices
in Atlanta, Jacksonville, Washington, D.C., Birmingham, Baton Rouge and Boise,
Idaho.<o:p></o:p></span></p><p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p>
<p class="yiv5526889695msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none !important; text-align: justify; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> <table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2MAOwD7YyZvVxx_y6x1zUPmRjb-JGpdKDahBni_um0thiYToWYnXQYAkc4L2Rc1Y0MNKuFR4eBk74tcadS1EiDeNgn29ep6oi_d1PndcyKCzzobsCo06XaDTmiDtVEbTuG33x4F-6Q8rMaPkLwSXZ0tnC1GwUDQFpl4qarf1a3n6NECfMJR88AZjQdanD/s386/John%20Ritger.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="386" data-original-width="256" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2MAOwD7YyZvVxx_y6x1zUPmRjb-JGpdKDahBni_um0thiYToWYnXQYAkc4L2Rc1Y0MNKuFR4eBk74tcadS1EiDeNgn29ep6oi_d1PndcyKCzzobsCo06XaDTmiDtVEbTuG33x4F-6Q8rMaPkLwSXZ0tnC1GwUDQFpl4qarf1a3n6NECfMJR88AZjQdanD/w265-h400/John%20Ritger.jpg" width="265" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="color: #1d2228; font-size: 21.3333px; text-align: justify;"> </span><b style="color: #1d2228; font-size: 21.3333px; text-align: justify;">John Ritger</b></td></tr></tbody></table></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">“We are fortunate to have assembled a strong
team and achieved significant growth since forming RMWA three years ago.” said
Mark Woodworth, founding principal.</span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">“Our initial vision was to establish a
strong advisory foundation focused on an expert understanding of lodging
industry fundamentals, asset management capabilities and solid research
practices and methods. <o:p></o:p></span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">"In merging with Core Hospitality
Advisors, we are taking our valuation expertise and database coverage to a new
level. <o:p></o:p></span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">'We believe that the collective
understanding of the drivers of change in hotel real estate profitability and
value is critically important as all lodging industry participants work their
way - willingly and unwillingly - through the protracted period of recovery
following the Great Pandemic of 2020.”<o:p></o:p></span></p><p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwiYCTlF1eI23kN_OALculXk9WTClmEPrMmFjVkhcn-vX2dept8Rrpp2eJU0gqRIwNH0KysZzVSCTeYGEBYpvEz07nXWDlQKid0ZGSsrl3HLucZSYoq6dqbJEZSl-txOKu4z5QKSIJFFFs_W6WC2xwi1PDtxmGBlZiCDeEOgJUX0-jI8C4nvTrhwMuDkxF/s674/Mark%20Woodworth.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="674" data-original-width="608" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwiYCTlF1eI23kN_OALculXk9WTClmEPrMmFjVkhcn-vX2dept8Rrpp2eJU0gqRIwNH0KysZzVSCTeYGEBYpvEz07nXWDlQKid0ZGSsrl3HLucZSYoq6dqbJEZSl-txOKu4z5QKSIJFFFs_W6WC2xwi1PDtxmGBlZiCDeEOgJUX0-jI8C4nvTrhwMuDkxF/s320/Mark%20Woodworth.jpg" width="289" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;">Mark Woodworth</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Over the last two decades, Core
Hospitality Advisors has grown from a small family business into a national
hospitality-focused appraisal and consulting firm. </span></p><p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The company has completed
over 4,000 assignments across all 50 states, ranging from small independent
properties to large full-service resorts. </span></p><p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv5526889695msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Core’s appraisers are among the most
experienced in the industry, with diverse backgrounds in hotel brokerage,
development, ownership and property management. The firm’s research team
oversees an extensive database with over 70,000 hotels.</span></p>
<p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"> <o:p></o:p></span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important; text-align: justify;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhfLD6sUoB2VqKIVQ85_lGIicZUT0Qy69_gIl0cl9DpIs24bq2kA24wu62InDWE4GDB5mcTCfXsmUK6VUJjS3gh4_ljELc0T21i4nE97t_tDeZT7FFkzpxktGcKRU-F4xTlDBUzuY6ZWfftabJigR-vPObTkftRZbVRe4qARyFoHkMv_Pncotwp_9HmLHIN/s252/Henry%20B.%20%E2%80%9CHank%E2%80%9D%20Staley,%20Jr.%20USE.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="252" data-original-width="200" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhfLD6sUoB2VqKIVQ85_lGIicZUT0Qy69_gIl0cl9DpIs24bq2kA24wu62InDWE4GDB5mcTCfXsmUK6VUJjS3gh4_ljELc0T21i4nE97t_tDeZT7FFkzpxktGcKRU-F4xTlDBUzuY6ZWfftabJigR-vPObTkftRZbVRe4qARyFoHkMv_Pncotwp_9HmLHIN/w317-h400/Henry%20B.%20%E2%80%9CHank%E2%80%9D%20Staley,%20Jr.%20USE.jpg" width="317" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;">Henry B. “Hank” Staley, Jr.<br /><br /></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">“We
have been friends with the principals of RMWA for many years and have had the
opportunity to collaborate with them on numerous occasions since they formed
their firm in early 2021” noted Cowart and Ritger, co-owners of Core
Hospitality Advisors. </span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">"We were fortunate to work with the RMWA team on a
number of diverse projects in recent years including large portfolio valuation
assignments, single asset appraisals, large resort lodging and residential
developments as well as real-estate property tax appeal litigation.”</span></p>
<p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 11.0pt;"> </span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;">Prior
to establishing his own firm, Woodworth, along with Cornell University’s<b> Jack
Corgel</b>, founded PKF Hospitality Research in 1999. </span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;"><br /></span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;">Like his new colleagues,
Woodworth has managed and conducted consulting assignments, involving both
public and private sector clients, throughout the U.S. </span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;"><br /></span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img border="0" data-original-height="252" data-original-width="200" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUX1yRK17k_r_lnB5z6FqYPgGg_okfuxEqoAArsJ9L3slmV0vbJ0TVmohqLP-EPct0eExTphIoI4ZBy5I6VQAiNl4UuZta3ZGcLTIZ0epAa3vXUejUipEhxoFUrwfMQO1ZDBkQFM1qCXWu-7WHNbXE3-1iV-LHv_4tuAzrevHefVfX16NWuktRZVkZlCZZ/w508-h640/Jill%20L.%20Bidwell.jpg" width="508" /></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;">Jill L. Bidwell</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;"> <br /><br /></span></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;">The relationships and
experience of the team at Woodworth Core Group extends to many of the
industry’s leading lenders, developers, chains, and management companies. </span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;"><br /></span></p><p class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDwHQvfmxxA_OKYLZ71JgibAnC2jT8e05RNMTNWeGIsnUPQtMUHILeh8CSNjGMN4KmnrYprkouxGgIuwI39U-EW3nRb4qz696W4RGEhMYgewwO8lq5IpBGd4Pc5btgbSMoLbraAdSwksKQvtzyV1gLPg7JtUUHmyTKfMwMBVYLk03STtAluGTUtlcbyzWm/s240/Jack%20Corgel.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="240" data-original-width="180" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDwHQvfmxxA_OKYLZ71JgibAnC2jT8e05RNMTNWeGIsnUPQtMUHILeh8CSNjGMN4KmnrYprkouxGgIuwI39U-EW3nRb4qz696W4RGEhMYgewwO8lq5IpBGd4Pc5btgbSMoLbraAdSwksKQvtzyV1gLPg7JtUUHmyTKfMwMBVYLk03STtAluGTUtlcbyzWm/w480-h640/Jack%20Corgel.jpg" width="480" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: justify;"> Jack Corgel<br /><br /></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: justify;">The
firm’s principals have dealt with all aspects of management contract
negotiation, operations, development, valuation, bankruptcy and expert witness
advisory as well as financing.</span></p><span style="outline: none !important;"><div style="outline: none !important;">
<p align="center" class="yiv1076441738msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none !important; text-align: center;"><br /></p>
</div><p align="center" class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: center;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: left;"> </span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">Chris Daly<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">President<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">DG Public Relations<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">(703) 864-5553<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:chris@dalygray.com" target="_blank"><span style="color: #0563c1;">chris@dalygray.com</span></a><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.dalygray.com/" target="_blank"><span style="color: #0563c1;">www.dalygray.com</span></a><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
</span><p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: .5in;"><span style="background-color: transparent; font-size: 16pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p align="center" class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: center;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"> <b><u><o:p></o:p></u></b></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;">Chris Daly<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;">President<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;">DG Public Relations<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;">(703) 864-5553<o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:chris@dalygray.com" target="_blank"><span style="color: #0563c1;">chris@dalygray.com</span></a><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.dalygray.com/" target="_blank"><span style="color: #0563c1;">www.dalygray.com</span></a></span><span style="color: #1d2228; font-family: Arial; font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 8.0pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size: 20.0pt; mso-bidi-font-size: 9.5pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-4014384403366129442024-03-15T07:52:00.000-07:002024-03-15T07:54:30.116-07:00 California Lodging Investment Conference [CLIC] Hosts Seventh Annual Event in Costa Mesa, CA<p><br /></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZ75G-IRq7wC3yaTTRm5ctgXbpgOukqI_dzHjbUt2U0cvuD7h3oIbMEEP18Wc1AXkNmGG-xreBKm8qc2wzmdf7Odws154BEvpwiNy_pGiIobRYTLvFL_5y6e0uQOjsLHZD9oTYetJMCkwYT8SaobKTCs8OKa70eObUetUkO1lrGV_vve0ApfktNXqWgpsM/s2048/Lodging%20conference.jpg" style="margin-left: auto; margin-right: auto;"><b><img border="0" data-original-height="1536" data-original-width="2048" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZ75G-IRq7wC3yaTTRm5ctgXbpgOukqI_dzHjbUt2U0cvuD7h3oIbMEEP18Wc1AXkNmGG-xreBKm8qc2wzmdf7Odws154BEvpwiNy_pGiIobRYTLvFL_5y6e0uQOjsLHZD9oTYetJMCkwYT8SaobKTCs8OKa70eObUetUkO1lrGV_vve0ApfktNXqWgpsM/w640-h480/Lodging%20conference.jpg" width="640" /></b></a></td></tr><tr><td class="tr-caption" style="text-align: justify;"><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"><b><br /></b></span><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"><b>From left:</b></span><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; font-weight: bold; text-align: left;"> </span><span style="background-color: white; font-family: Arial; font-size: 21.3333px; text-align: left;"><b>Chris Tychsen</b>, President, Green Innvestor; <b>Henry Wong</b>, Principal, AO Architects; <b>Nikki Fox</b>, VP, GLR, Inc.;<b> Jessica Janis</b>, Director Corning Optical Communications; <b>Jenny Redlin</b>, Principal Partner, ESI and<b> Emmy Hise,</b> Sr. Director CoStar</span></td></tr></tbody></table> <p></p><p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="outline: none;"><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;">NEWPORT
BEACH, CA </span></span></span><span style="font-family: Arial; font-size: 16pt;">—Officials of the <b>California Lodging Investment
Conference [CLIC], t</b>he only hospitality conference focused on the California
hotel market, has completed its seventh annual event held at the Westin South
Coast Plaza in Costa Mesa, Calif. </span></p><p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-5ZZSZ7JSy3J4GRhkwSGyoNHX5kuMoSL3aEaG9C4yRlydkiq0tI9yOUlOdSSyqlcCrqt6CTD4Ws_K4Xjg2dDX41I1VCkbyqFJ1kbFvMyhsYHhyphenhyphenJd946jme57eYp74AoARznDLmULhEOLLcUL1HsE0bue6QcN-2k0aayxWcGLaHWNNCIGhsoAic8ib_HPH/s394/Craig%20Sullivan.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="394" data-original-width="222" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-5ZZSZ7JSy3J4GRhkwSGyoNHX5kuMoSL3aEaG9C4yRlydkiq0tI9yOUlOdSSyqlcCrqt6CTD4Ws_K4Xjg2dDX41I1VCkbyqFJ1kbFvMyhsYHhyphenhyphenJd946jme57eYp74AoARznDLmULhEOLLcUL1HsE0bue6QcN-2k0aayxWcGLaHWNNCIGhsoAic8ib_HPH/w225-h400/Craig%20Sullivan.jpg" width="225" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left; text-indent: 48px;"> Craig Sullivan</b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;"><br /></span><p></p><p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;">With nearly 300 attendees, the conference
included an opening reception for all attendees and a series of networking
events and expert panels discussing the state of the California hotel industry
followed by the post-conference networking mixer. </span></p><p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0.5in; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">“As
we continue to build attendance, I was pleased to see so many new faces joining
our stalwart returning friends who wanted to learn about the latest and
greatest happenings with hotels in the Golden State," said<b>,” Craig
Sullivan,</b> founder and president, [CLIC]. <o:p></o:p></span></span></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">“From a market
by-market overview of major California cities by <b>Bruce Ford</b> of Lodging
Econometrics to probing discussions about labor solutions, there was something
for virtually anyone with hotel interests in the California hotel market. <o:p></o:p></span></p><p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1VeuG_163UB9sWO-JGYnsJgAYJTsClkvm-YyUyha5IXmIiN4C3qovUlZDXCuwV7ukJ_H-cYbQew8O5AUj5tbBbrg1WfJHKYc1U_pp4vjdUF4-M1IjCM9awpi9-LbRdoBvtNd8M-Te4FpNzG3e5b4lmIw1qkyo9Op0i5Jr3S5DL8oC2SWMm1UTR6HLn6oZ/s319/Bruce%20Ford%20USE.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="319" data-original-width="229" height="319" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1VeuG_163UB9sWO-JGYnsJgAYJTsClkvm-YyUyha5IXmIiN4C3qovUlZDXCuwV7ukJ_H-cYbQew8O5AUj5tbBbrg1WfJHKYc1U_pp4vjdUF4-M1IjCM9awpi9-LbRdoBvtNd8M-Te4FpNzG3e5b4lmIw1qkyo9Op0i5Jr3S5DL8oC2SWMm1UTR6HLn6oZ/s1600/Bruce%20Ford%20USE.jpg" width="229" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left; text-indent: 48px;">Bruce Ford</b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt; text-indent: 0.5in;"> </span><span style="font-family: Arial; font-size: 16pt; text-indent: 0.5in;">"And with the strong prognostications
that arose during this year’s event, it looks like 2024 is going to be another
strong year for the hospitality industry.”</span><p></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0.5in; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Starting with an
opening night mixer highlighted by the presentation of the California Hotel
Development Deals of the Year to the joint AC/Moxy DTLA and The Pendry Newport
Beach, the conference provided multiple networking opportunities and
educational sessions. <o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="mso-spacerun: yes;"> </span>This year’s panels included, “Hotel Labor,
Economy & Inflation,” “Hotel PIPs, Construction & Tech” and “Hotel
Revenue Enhancement & Strategies.” <b>Jason Riederer</b> of AHLA also
gave a California policy update. <o:p></o:p></span></p><p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilWIz1W3tgOU0OlLRiVLnYyWMqr8cXuDbYBQbrJ93XeGjdzfkpX8JDYcJ5jWZQ2VBwZ1LceepjZ_iKtCLhks_4lSG-GOfOqNrtjJq6CTlbfF4-rj3sF6p-4-OMHw4ceBa5mhZFOBSDXEaA7Fu7IGQhs2T-xaK6xW6oi1ZFghYHeCzKefU06cQuHwgygr4e/s216/Jason%20Riederer.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="216" data-original-width="216" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilWIz1W3tgOU0OlLRiVLnYyWMqr8cXuDbYBQbrJ93XeGjdzfkpX8JDYcJ5jWZQ2VBwZ1LceepjZ_iKtCLhks_4lSG-GOfOqNrtjJq6CTlbfF4-rj3sF6p-4-OMHw4ceBa5mhZFOBSDXEaA7Fu7IGQhs2T-xaK6xW6oi1ZFghYHeCzKefU06cQuHwgygr4e/w320-h320/Jason%20Riederer.jpg" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Arial; font-size: 21.3333px; text-align: left; text-indent: 48px;"> </span><b style="font-family: Arial; font-size: 21.3333px; text-align: left; text-indent: 48px;">Jason Riederer</b></td></tr></tbody></table><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span><p></p><p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="font-family: Arial; font-size: 16pt; text-indent: 0.5in;">The event
concluded with </span><b style="text-indent: 0.5in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Jim Butler</span></b><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-indent: 0.5in;">,
founding partner of Jeffer Mangels Butler & Mitchell LLP, and founder and
chairman of the Firm's Global Hospitality Group®, receiving CLIC’s prestigious
lifetime achievement award.</span></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: 0.5in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b style="outline: none;"><span style="outline: none;"><u><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">About
[CLIC]</span><o:p></o:p></u></span></b></p>
<p class="yiv7386786441msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0.5in; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">The
California Lodging Investment Conference is the nation’s only hospitality
conference focused exclusively on the California hotel market. </span></span></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0.5in; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></span></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0.5in; widows: 2; word-spacing: 0px;"><span style="outline: none;"></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKfqwvUENEChkYdxql44kxgSJEKqXt4rYCq6CdgvyK4-W_YqzUFFRgtWZFgma71TZcnXx257V9dTKOgFKvIi9xckhARfPMbGcZ11JZGyUkuNNkrbh11AU1bkch61uX2EzL27kL0bPf_bXR4B_IRwkd1wgli_ySiu7yKshZ9X6ixllEA0rJchaZvV4PkOtg/s288/Jim%20Butler.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="288" data-original-width="199" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKfqwvUENEChkYdxql44kxgSJEKqXt4rYCq6CdgvyK4-W_YqzUFFRgtWZFgma71TZcnXx257V9dTKOgFKvIi9xckhARfPMbGcZ11JZGyUkuNNkrbh11AU1bkch61uX2EzL27kL0bPf_bXR4B_IRwkd1wgli_ySiu7yKshZ9X6ixllEA0rJchaZvV4PkOtg/w276-h400/Jim%20Butler.jpg" width="276" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Arial; font-size: 16pt; text-align: left; text-indent: 0.5in;"> </span><b style="text-align: left; text-indent: 0.5in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Jim Butler</span></b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt; text-indent: 0.5in;">Now
celebrating its 7th year, the day-long event draws some of the industry’s
largest and most well-known owners, operators, brands and hospitality-related
experts in the world.</span><span style="font-family: Arial; font-size: 8pt; text-indent: 0.5in;"> </span><p></p>
<p align="center" class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-align: center; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"> <b><u><o:p></o:p></u></b></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">CONTACT:</span></u></b><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">Chris
Daly</span><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">President</span><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">DG
Public Relations</span><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">(703)
864-5553</span><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:chris@dalygray.com" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:chris@dalygray.com"><span style="outline: none;"><span style="color: #0563c1;">chris@dalygray.com</span></span></a></span><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="-webkit-text-stroke-width: 0px; background: white; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: .0001pt; margin: 0in; orphans: 2; outline: none; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.dalygray.com/" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span style="color: #0563c1;">www.dalygray.com</span></span></a></span></span><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7386786441msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><br /></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><o:p></o:p></span></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size: 20pt; mso-bidi-font-size: 9.5pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-13209598075084383422024-03-15T06:39:00.000-07:002024-03-15T06:40:02.005-07:00JLL Capital Markets brokers $135 million first lien financing for the 122,324-square-foot Cross Creek Ranch in Malibu, CA<p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv3568491024eop"><span style="font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><!--[if !supportEmptyParas]--> </span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5Nj8uvzTMyqc5fgzCtV-SR4JWV2EpgR2Ma56cWnKkRC-Oli5O_2cIn3_3v7o6fhcSJRltfd0wtUMusBH_PYE7WyLSxYpNb8G7GA8mK3yVLkrSyLtEWJ0nhumYg26ZIvMIW7Rxm3SWhWTFEWGBRYpdYXaBr-sXwKaPyQnGOoNgRgttYZOxlM3GxLIEdto6/s361/Allie%20Black.%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="361" data-original-width="273" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5Nj8uvzTMyqc5fgzCtV-SR4JWV2EpgR2Ma56cWnKkRC-Oli5O_2cIn3_3v7o6fhcSJRltfd0wtUMusBH_PYE7WyLSxYpNb8G7GA8mK3yVLkrSyLtEWJ0nhumYg26ZIvMIW7Rxm3SWhWTFEWGBRYpdYXaBr-sXwKaPyQnGOoNgRgttYZOxlM3GxLIEdto6/w484-h640/Allie%20Black.%20USE.jpg" width="484" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Allie Black</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><br /><!--[endif]--><o:p></o:p></span><p></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: 0in; margin-left: 0in; margin-right: 0in; margin-top: 6.0pt; margin: 6pt 0in 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">IRVINE, CA</span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;"> –</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> JLL Capital
Markets has closed the $135 million first lien financing
for Cross Creek Ranch, a 122,324-square-foot, trophy, Class AA mixed-use
property in Malibu, California.</span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">The property consists of 71,605 square feet of
retail and 50,719 square feet of creative, modern office space.<o:p></o:p></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjquZUiv1zTGHqyRMLO7PRRi8mS9nE_0SxkaDd5IiP-bqbrX0qNIC2YfBhqhe4Vyq0chgc71NiErJsfPdOT657oVRXVXZuDXUtUZfnLenLdvRVs4lrLnhnf57R7HEwM-HK7_oG7uB9UEqGIZLshJdUoVnL1ZfroBwoRK_Bllu7kqPxn3433iYaSlPystls6/s400/Bryan%20Gordon..jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="400" data-original-width="400" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjquZUiv1zTGHqyRMLO7PRRi8mS9nE_0SxkaDd5IiP-bqbrX0qNIC2YfBhqhe4Vyq0chgc71NiErJsfPdOT657oVRXVXZuDXUtUZfnLenLdvRVs4lrLnhnf57R7HEwM-HK7_oG7uB9UEqGIZLshJdUoVnL1ZfroBwoRK_Bllu7kqPxn3433iYaSlPystls6/s320/Bryan%20Gordon..jpg" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Bryan Gordon<br /><br /></b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;">JLL worked on behalf of the
borrower, Pacific Equity Properties, to secure the five-year
loan from Torchlight Investors.</span><p></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">Located in the heart of Malibu,
the property consists of 10 one- and two-story buildings, and a subterranean
parking garage. Tenants include a mix of luxury retail, chic boutiques,
eclectic eateries, as well as creative, modern office users. </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">Cross Creek Ranch is located at
23465 Civic Center Way in the renowned beach community of Malibu, which boasts
an estimated 15 million tourists per year.<o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> Strategically positioned on 13 acres, it is directly adjacent to a
Whole Foods Market in the core of Malibu’s shopping district, which also
includes Malibu Country Mart, Malibu Village, and Malibu Lumber Yard. The
center is approximately 13 miles from the Santa Monica pier and 21 miles
northwest of Los Angeles International Airport.</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqArZ-843PVvLLQHNGW2XboBgZVIMNUl9VbjDpYfITG0J_ljDzlQGIa42p1gvMrZwj577m_iTXJjrThUAM8Ob1_JFnpXL2HXo_TZyjkD7dk7Bo2QnJ1iDd_CTGSsjWETxz1G__sTJ93f8R15_avdICQ77Bra2pBoE4Nr9VjGE0cKHjHBj8CaQU1R1MQWWz/s213/Jon%20Stein%20USE.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="213" data-original-width="213" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqArZ-843PVvLLQHNGW2XboBgZVIMNUl9VbjDpYfITG0J_ljDzlQGIa42p1gvMrZwj577m_iTXJjrThUAM8Ob1_JFnpXL2HXo_TZyjkD7dk7Bo2QnJ1iDd_CTGSsjWETxz1G__sTJ93f8R15_avdICQ77Bra2pBoE4Nr9VjGE0cKHjHBj8CaQU1R1MQWWz/w320-h320/Jon%20Stein%20USE.jpg" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Jon Stein</b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;">Pacific
Equity Properties, a developer and owner of shopping centers and mixed-use
properties, was founded in 1986 and is owned by </span><b style="font-family: Arial; font-size: 16pt;">Bryan Gordon.</b><p></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">“Malibu
remains as one of the most thoughtful municipalities in the U.S. for
community-focused and environmentally sensitive design," said Gordon.<o:p></o:p></span></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">"We
were enthused by the debt capital market’s demand for the property, fueled by
the irreplaceable location and exceptional retail and office leasing velocity
prior to certificate of occupancy.” </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><br /></span></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPC1gMuigmvnElYIzdq5xcHgzjw778f9XrA32ar0vtfeDAQkMKjvkg3pUCh3C0wf4fZmh_s83GOw8afoSMHtbz_elyaWAnRIYgW7WRH5p7ji75KqiyJAPGgXKsYPkwSvSPSzs72IJyCqqcu1u3_6OIAVgm-nrQG420qSzM02a2ndr9FgZWH_YJeqgFm5o_/s562/John%20Marshall.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="562" data-original-width="439" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPC1gMuigmvnElYIzdq5xcHgzjw778f9XrA32ar0vtfeDAQkMKjvkg3pUCh3C0wf4fZmh_s83GOw8afoSMHtbz_elyaWAnRIYgW7WRH5p7ji75KqiyJAPGgXKsYPkwSvSPSzs72IJyCqqcu1u3_6OIAVgm-nrQG420qSzM02a2ndr9FgZWH_YJeqgFm5o_/w313-h400/John%20Marshall.jpg" width="313" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="text-align: left;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">John Marshall</span></b></td></tr></tbody></table><span class="yiv8326365968eop"><span style="font-family: Arial; font-size: 16pt;">The
Torchlight Investors team was led by </span><b style="font-family: Arial; font-size: 16pt;">Jon Stein</b><span style="font-family: Arial; font-size: 16pt;">, Partner and Co-Head of
Private Acquisitions.</span></span><p></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">“Torchlight
looks forward to the new relationship with Pacific Equity Properties and seeing
the asset through stabilization. We continue to pursue exciting opportunities
to extend credit to well-capitalized sponsors in large markets for core-plus
and value-add opportunities,” said Stein.</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv8326365968eop"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">The
JLL Capital Markets Debt Advisory team was led by Senior Director </span></span><b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">John Marshall</span></b><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">,
Associate <b>Spencer Seibring</b> and Analysts <b>Allie Black</b> and <b>Tim
Donald.</b></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;">“Retail and mixed-use property
is one of the most in-demand asset classes today. We were not surprised that
best-in-class sponsorship and a 2024 award-winning design were able to attract
multiple compelling bids in an evolving capital markets landscape,” said
Marshall.</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHI2NXD3lRRiXLv6X_wala_sTr9OCTjZYpL-0-vVDZb0SoCOlxj8MDOQv0i2G5zTsgF8xk4xmJj0GbZsEHQxjBCawetnb7Uup7rIm2p_4Icd0kRdZ3vvxg1iVJ69MuAHNsAPGF4IpeY6gQ4V-scHkPYVbfiCYgp8BrOxwidUg1ELw2ob5XserTQXuC9cyX/s324/Tim%20Donald..jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="324" data-original-width="235" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHI2NXD3lRRiXLv6X_wala_sTr9OCTjZYpL-0-vVDZb0SoCOlxj8MDOQv0i2G5zTsgF8xk4xmJj0GbZsEHQxjBCawetnb7Uup7rIm2p_4Icd0kRdZ3vvxg1iVJ69MuAHNsAPGF4IpeY6gQ4V-scHkPYVbfiCYgp8BrOxwidUg1ELw2ob5XserTQXuC9cyX/w290-h400/Tim%20Donald..jpg" width="290" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Tim Donald</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">JLL Capital Markets is a full-service global
provider of capital solutions for real estate investors and occupiers. </span><p></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The
firm's in-depth local market and global investor knowledge delivers the best-in-class
solutions for clients — whether investment sales and advisory, debt advisory,
or equity advisory. </span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The firm has more than 3,000 Capital Markets specialists
worldwide with offices in nearly 50 countries.</span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">For more news, videos and research resources
on JLL, please visit our <a href="https://www.us.jll.com/en/newsroom" target="_blank"><span style="color: #0563c1;">newsroom</span></a>.</span><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"> </span><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><o:p></o:p></span></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><br /></span></u></b></p><p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">CONTACT:<o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">JLL, Public Relations<o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"> Capital Markets</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Dallas, Texas</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv8326365968msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">M +1 214 394 3356</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" target="_blank"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></a></span><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><o:p></o:p></span></b></p>
<p><span style="font-size: 20pt;"> </span> </p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-23600293546120157262024-03-14T22:53:00.000-07:002024-03-14T22:55:53.221-07:00 JLL Capital Markets represents the joint venture between Vitrian and Koelbel and Company for a conversion for biomanufacturing/advanced manufacturing facility in Boulder County, Colorado<p> <span style="background-color: white; color: #131e29; font-family: Arial; font-size: 16pt;"> </span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEifxewmUR0NqUo9zUXxh0fnBYZdxGC64J1cdwQJoGmdJKUBPcLuL6_Ui8e6OgWXpTHJBzTWn3WvPktLzj-C5K1R79c9SK3cWShXOLS8-LapenazgAR5QS-FdgQ5ogeT4kJDSK1Q2u6OIrcMNlYammY0AQVho075LBSZSYLbCCgmaBMl4GIaT0zz2oryKSzz/s363/Ginna%20Wallace%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="363" data-original-width="302" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEifxewmUR0NqUo9zUXxh0fnBYZdxGC64J1cdwQJoGmdJKUBPcLuL6_Ui8e6OgWXpTHJBzTWn3WvPktLzj-C5K1R79c9SK3cWShXOLS8-LapenazgAR5QS-FdgQ5ogeT4kJDSK1Q2u6OIrcMNlYammY0AQVho075LBSZSYLbCCgmaBMl4GIaT0zz2oryKSzz/w532-h640/Ginna%20Wallace%20USE.jpg" width="532" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: sans-serif; font-size: large; text-align: left;">Ginna Wallace</b></td></tr></tbody></table><span style="background-color: white; color: #131e29; font-family: Arial; font-size: 16pt;"><br /></span><p></p>
<p class="yiv3568491024paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"><span style="outline: none;">WASHINGTON, DC, Mar. 14, 2024</span></span><span style="outline: none;"><span style="outline: none;"> – <span style="outline: none;"></span></span><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span></span></span></span></span><span style="color: #1d2228; font-size: 16pt;"><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial;">JLL</span></span></span></span></a><span style="outline: none;"></span><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial; font-size: 16pt;"><span style="outline: none;"> Capital
Markets announce</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">d today that it represented the joint
venture between </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;">Vitrian
and Koelbel and Company</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"> to raise equity for the <b>Centennial
Valley Innovation Center,</b> the conversion of a vacant, former home improvement
store into a state-of-the-art biomanufacturing/advanced manufacturing building
totalling </span></span></span></span><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;">134,393</span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"> square feet in Boulder County, Colorado.</span></span></span></span></p>
<p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> </span></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWfFt1WmeYptwlgtqA-DAoRExNqHxic81lov1Y6-rgH5kiJgcdOusDH-BT07BnOHi6kIxtDds94Zq9BtKj8mVydrqnnytcuELtZrwRSkF8tqo7i3VPI2j74_9LmBFLrnyVz8sKAUgZIP5QXjxOSqBacMuGG_xRGzEUZMoeCSGkhXXCEZ18eeL2dy5fjGPT/s402/Hilary%20%20%20Barnett.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="402" data-original-width="330" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWfFt1WmeYptwlgtqA-DAoRExNqHxic81lov1Y6-rgH5kiJgcdOusDH-BT07BnOHi6kIxtDds94Zq9BtKj8mVydrqnnytcuELtZrwRSkF8tqo7i3VPI2j74_9LmBFLrnyVz8sKAUgZIP5QXjxOSqBacMuGG_xRGzEUZMoeCSGkhXXCEZ18eeL2dy5fjGPT/w526-h640/Hilary%20%20%20Barnett.jpg" width="526" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: sans-serif; font-size: large; text-align: left;">Hilary Barnett<br /><br /></b></td></tr></tbody></table><span class="yiv3568491024normaltextrun" style="color: #1d2228; font-family: Arial; font-size: 16pt;"><span lang="EN-GB" style="font-size: 16pt;">A fund managed by </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span style="font-size: 16pt;">DRA Advisors LLC provided joint venture
equity for the acquisition and conversion of the project </span></span><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="color: #131e29; font-size: 16pt;">for a conversion for biomanufacturing/advanced manufacturing facility in
Boulder County, Colorado</span></span></span></span><p></p><p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="color: #131e29; font-size: 16pt;"><br /></span></span></span></span></p><p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"></span></span></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgegvUMyHIoyb1p5v1d8q1gMQFafsFVys77mvQd8QUTbdLmDX8Do15KWqxmy1vjkMKrCYkc9vS1UGXj4XHJLSDhZfjm5AJjK6zr2JMz4O6z4y98sl7Qy4XQ55sIclWtg3G6o9DdaEz6OBXyIHVVw17k0ufngL6dVLgO1OwYJKIf3L_2PB5yYWTEDwIdIC7_/s382/Scott%20Nudelman.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="382" data-original-width="269" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgegvUMyHIoyb1p5v1d8q1gMQFafsFVys77mvQd8QUTbdLmDX8Do15KWqxmy1vjkMKrCYkc9vS1UGXj4XHJLSDhZfjm5AJjK6zr2JMz4O6z4y98sl7Qy4XQ55sIclWtg3G6o9DdaEz6OBXyIHVVw17k0ufngL6dVLgO1OwYJKIf3L_2PB5yYWTEDwIdIC7_/w281-h400/Scott%20Nudelman.jpg" width="281" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: sans-serif; font-size: large; text-align: left;">Scott Nudelman</b><span face="sans-serif" style="color: #1d2228; font-size: large; text-align: left;">.</span></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt; outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span style="font-size: 16pt;">The
project is located at </span><b style="font-size: 16pt;">1171 West Dillion Rd</b><span style="font-size: 16pt;">. in Louisville, Colorado, a
15-minute drive from Boulder and 30 minutes outside of Denver. </span></span></span></span><p></p><p class="yiv3568491024paragraph" style="background: white; outline: none;"><span style="outline: none;"></span></p>
<p class="yiv3568491024paragraph" style="background: white;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">The venture will reposition the former home
improvement store into a state-of-the-art GMP/advanced manufacturing facility
to cater to the Denver/Boulder life science and advanced manufacturing markets.</span><span style="outline: none;"><span style="color: #1d2228; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></p>
<p class="yiv3568491024paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;">The
project is located in the Centennial Valley Business Park, a highly-amenitized
established life science and advanced manufacturing node, with many
retail/restaurants accessible within walking distance. <o:p></o:p></span></span></p>
<p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;">Upon completion of the conversion, 1171 W
Dillon Rd will offer the closest dedicated biomanufacturing and advanced
manufacturing capable space to Boulder, home to the University of Colorado’s
main campus and the largest life science R&D hub in the Intermountain West.
The project will be ready for interior build</span><span style="background-color: transparent;"> within six months.</span></p><p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background-color: transparent;"><br /></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIYe2HOYhQfvHZ-kfQsoxoZgQmyBcYa5sDXglcOFrac4GSxqQUQqMXkNR5HFBK8VGXsgtwWJhFPd4-vjnDXBnPICThERKiI2OMb0edmPQlSGo3pPAwVvVXOKJ_6lSuAK8LiCvRZsd76pu16h9oFCwBGQuxVtlicC0FkQUvC2YHMteRCtqroEoAuqC0Gf5w/s1080/bio%20facility%20rendering%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="608" data-original-width="1080" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIYe2HOYhQfvHZ-kfQsoxoZgQmyBcYa5sDXglcOFrac4GSxqQUQqMXkNR5HFBK8VGXsgtwWJhFPd4-vjnDXBnPICThERKiI2OMb0edmPQlSGo3pPAwVvVXOKJ_6lSuAK8LiCvRZsd76pu16h9oFCwBGQuxVtlicC0FkQUvC2YHMteRCtqroEoAuqC0Gf5w/w640-h360/bio%20facility%20rendering%20USE.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: arial;">Rendering of planned biomanufacturing/advanced<br /> manufacturing facility</b> <span><b>at</b></span> <b style="background-color: white; color: #1d2228; font-family: Arial; text-align: left;">1171 West Dillion Road<br /></b><span style="background-color: white; color: #1d2228; text-align: left;"><span style="font-family: arial;"><b> in Louisville,</b></span></span><span style="background-color: white; color: #1d2228; font-family: Arial; text-align: left;"> </span><b style="font-family: arial;">CO</b></td></tr></tbody></table><br /><p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Boulder
County benefits from an existing manufacturing labor pool, providing access to
skilled workers. The region is a top five market for research jobs, and the No.
1 market for chemical engineers, No. 4 market for biological scientists, and
No. 6 market for biological technicians.</span></p><p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjj0471mkLVyPXFlghAjnGzmq_xRC3IhU8DYHMMo8PEFetMjFQawCgle4z23i7ct6BDKdyhH-zY9hade-a-ZBswjHvS0EZ5meLJ0Ykj_Bzn1UucJyh6C1XNFaa6GOb2NG_afR7NFbalRG5ejg4rQfVfsBPlMlo8H9y84YK_neahFs3qIbMLwxC7XmqpZwoJ/s387/Jim%20Meisel.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="387" data-original-width="221" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjj0471mkLVyPXFlghAjnGzmq_xRC3IhU8DYHMMo8PEFetMjFQawCgle4z23i7ct6BDKdyhH-zY9hade-a-ZBswjHvS0EZ5meLJ0Ykj_Bzn1UucJyh6C1XNFaa6GOb2NG_afR7NFbalRG5ejg4rQfVfsBPlMlo8H9y84YK_neahFs3qIbMLwxC7XmqpZwoJ/w229-h400/Jim%20Meisel.jpg" width="229" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: sans-serif; font-size: large; text-align: left;">Jim Meisel</b><span face="sans-serif" style="color: #1d2228; font-size: large; text-align: left;"> </span></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Additionally, the proximity to a major
research university and hospital system venture arm offers access to grant
funding opportunities.</span><p></p>
<p class="yiv3568491024paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"> </span></span><span style="color: #1d2228; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv3568491024paragraph" style="background-color: white; color: #1d2228; font-family: "Times New Roman", serif; margin: 0in; outline: none; vertical-align: baseline;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">“Vitrian, Koelbel and DRA have deep roots in the Colorado marketplace and in the Centennial Valley in particular,” said Co-Founder of Vitrian <b>Scott Nudelman</b>. </span></span></p><p class="yiv3568491024paragraph" style="background-color: white; color: #1d2228; font-family: "Times New Roman", serif; margin: 0in; outline: none; vertical-align: baseline;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;"><br /></span></span></p><p class="yiv3568491024paragraph" style="background-color: white; color: #1d2228; font-family: "Times New Roman", serif; margin: 0in; outline: none; vertical-align: baseline;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">“As biomanufacturing and non-pharma advanced manufacturing expands beyond the</span></span><span face="sans-serif" style="font-size: 11pt; outline: none;"> c</span><span style="font-size: medium;"><span face="sans-serif" style="outline: none;">oastal markets, Boulder County will continue to benefit. </span></span></p><p class="yiv3568491024paragraph" style="background-color: white; color: #1d2228; font-family: "Times New Roman", serif; margin: 0in; outline: none; vertical-align: baseline;"><span style="font-size: medium;"><span face="sans-serif" style="outline: none;"><br /></span></span></p><p class="yiv3568491024paragraph" style="background-color: white; color: #1d2228; font-family: "Times New Roman", serif; margin: 0in; outline: none; vertical-align: baseline;"><span style="font-size: medium;"><span face="sans-serif" style="outline: none;">"We look forward to collaborating with companies and stakeholders in the region, including the Colorado Bioscience Association and Institute, Front Range Community College and non-profit organizations focused on STEM workforce development.”</span><span class="yiv3568491024normaltextrun" style="outline: none;"></span></span></p><p class="yiv3568491024paragraph" style="background-color: white; color: #1d2228; font-family: "Times New Roman", serif; margin: 0in; outline: none; vertical-align: baseline;"><span style="font-size: medium;"><span face="sans-serif" style="outline: none;"><br /></span></span></p><p class="yiv3568491024paragraph" style="background-color: white; color: #1d2228; font-family: "Times New Roman", serif; margin: 0in; outline: none; vertical-align: baseline;"><span style="font-size: medium;"></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqsz-gdN9VgvpUkwyxQ0zMERZ1vy4tdAkUea0eFG8jzYcF6ayTRdOmrBNAc8k00__g7cAOL1nXQkHb5Qf5fIxdSrYOBGiZZVp9LVyhMRJBHhknwY6rT754T-4W6Y9QOdB7Con3Ae8o1bSZZUUeGy8-Ze7vFM-9sWTP33CTUw7tjUiFSlIAMmOEXhCJii5q/s600/Peter%20Merrion..jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="450" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqsz-gdN9VgvpUkwyxQ0zMERZ1vy4tdAkUea0eFG8jzYcF6ayTRdOmrBNAc8k00__g7cAOL1nXQkHb5Qf5fIxdSrYOBGiZZVp9LVyhMRJBHhknwY6rT754T-4W6Y9QOdB7Con3Ae8o1bSZZUUeGy8-Ze7vFM-9sWTP33CTUw7tjUiFSlIAMmOEXhCJii5q/s320/Peter%20Merrion..jpg" width="240" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: sans-serif; font-size: large; text-align: left;">Peter Merrion</b></td></tr></tbody></table><span face="sans-serif" style="font-size: large;">The JLL Capital Markets team was led by Senior Managing Directors </span><b style="font-family: sans-serif; font-size: large;">Jim Meisel</b><span face="sans-serif" style="font-size: large;"> and </span><b style="font-family: sans-serif; font-size: large;">Peter Merrion</b><span face="sans-serif" style="font-size: large;">, Senior Director </span><b style="font-family: sans-serif; font-size: large;">Dave Baker </b><span face="sans-serif" style="font-size: large;">and Associate </span><b style="font-family: sans-serif; font-size: large;">Ginna Wallace</b><span face="sans-serif" style="font-size: large;">, as well as Senior Managing Directors </span><b style="font-family: sans-serif; font-size: large;">Mark Katz, Andrew Weir and Matt Nicholson, </b><span face="sans-serif" style="font-size: large;">Senior Director</span><b style="font-family: sans-serif; font-size: large;"> Hilary Barnett</b><span face="sans-serif" style="font-size: large;"> and Director </span><b style="font-family: sans-serif; font-size: large;">Kevin Byrd.</b><p></p><p class="yiv3568491024MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span class="yiv3568491024normaltextrun" style="outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;"><b><br /></b></span></span></span></p><p class="yiv3568491024paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="font-size: medium;"><span style="outline: none;"></span></span></p><p class="yiv3568491024MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span class="yiv3568491024normaltextrun" style="outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. </span></span></span></p><p class="yiv3568491024MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span class="yiv3568491024normaltextrun" style="outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;"><br /></span></span></span></p><p class="yiv3568491024MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span class="yiv3568491024normaltextrun" style="outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;">The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. </span></span></span></p><p class="yiv3568491024MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span class="yiv3568491024normaltextrun" style="outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: medium;"><br /></span></span></span></p><p class="yiv3568491024MsoNormal" style="background-color: white; color: #1d2228; font-family: Calibri, sans-serif; margin: 0in; outline: none;"><span class="yiv3568491024normaltextrun" style="outline: none;"><span face="sans-serif" style="outline: none;"></span></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwDIOMF0cOURU672N8xGXxB5fWFSEBDrUXvmpoLf4dcP2ZVtJHZwNKW5utzDIMDok9a1cdNWZKG2kCLmL5oxzT98HLUFKTNGW5AAlR6bhiDwXGLVuQ01C2LlHU2V7F5aO1qw-aMyHiyV9_zk-2HuxqyZdciejTyzUMOgaFuyNq4P09ozmtAufMAitsFCj6/s600/Dave%20Baker.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="450" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwDIOMF0cOURU672N8xGXxB5fWFSEBDrUXvmpoLf4dcP2ZVtJHZwNKW5utzDIMDok9a1cdNWZKG2kCLmL5oxzT98HLUFKTNGW5AAlR6bhiDwXGLVuQ01C2LlHU2V7F5aO1qw-aMyHiyV9_zk-2HuxqyZdciejTyzUMOgaFuyNq4P09ozmtAufMAitsFCj6/s320/Dave%20Baker.jpg" width="240" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-size: large; text-align: left;">Dave Baker</b></td></tr></tbody></table><span class="yiv3568491024normaltextrun" style="outline: none;"><span face="sans-serif" style="outline: none;"><span style="font-size: large;">The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.</span></span></span><p></p><p class="yiv3568491024paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"><br /></span></span></p><p class="yiv3568491024paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">For
more news, videos and research resources, please visit JLL’s </span></span></span><span style="outline: none;"><span style="font-size: 16pt;"><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><b style="outline: none;"><span style="outline: none;"><span lang="EN-GB" style="color: black; font-family: Arial; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">newsroom</span></span></b></span></span></a></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3568491024normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">.</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv3568491024eop"><span style="font-family: Arial; font-size: 16pt;"> </span></span></span></span></p><span style="outline: none;"><span style="outline: none;">
<p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv3568491024eop"><span style="font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv3568491024paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv3568491024paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-size: 8pt;"> <o:p></o:p></span></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">CONTACT:<o:p></o:p></span></u></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></b></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Alli Stent</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-family: Helvetica; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></p>
<p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">PR,
Hotels & Hospitality</span></span></p><p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"> <span style="outline: none;"></span><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 20pt;">Capital Markets</span></span></span></p><p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none;"><span style="background-color: transparent; font-size: 20pt;">Chicago | JLL</span></p><p class="yiv3568491024msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; outline: none;"><span style="background-color: transparent; font-size: 20pt;">M +1 330 329 6750</span></p></span></span><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-31346657159245245782024-03-14T01:27:00.000-07:002024-03-14T01:27:01.323-07:00 James Escarzega joins JLL’s San Francisco office as Managing Director<p> <span style="background-color: white; color: #1d2228; font-family: Calibri; font-size: 8pt;"> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQf2NBq9iMATGbPVWh9mfhnBVH3mm05yxpTvmtgf026fPEkJzPaYe95afkd84RD2sxgYdUSS24RNVhgczW4H9Pebsdmt3zDP1_3sRSyT1ocKdg9KmFwm1F8FmVqJcmrfFufpiIh-cpa0oFhWffgUTX78h80eowOVuccXinsUTdyVIXf28QiMSytaIxbQNK/s255/James%20Escarzega.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="255" data-original-width="208" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQf2NBq9iMATGbPVWh9mfhnBVH3mm05yxpTvmtgf026fPEkJzPaYe95afkd84RD2sxgYdUSS24RNVhgczW4H9Pebsdmt3zDP1_3sRSyT1ocKdg9KmFwm1F8FmVqJcmrfFufpiIh-cpa0oFhWffgUTX78h80eowOVuccXinsUTdyVIXf28QiMSytaIxbQNK/w522-h640/James%20Escarzega.jpg" width="522" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">James Escarzega</b></td></tr></tbody></table><br /></span></p>
<p class="yiv5088516447msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt;"><span style="outline: none !important;">SAN FRANCISCO, CA – <span style="outline: none !important;"></span><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 16pt;"> </span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black;">JLL</span></span></span><span style="outline: none !important;"><span style="color: #1d2228; text-decoration-line: none;"></span></span></a><span style="outline: none !important;"></span><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 16pt;"><span style="outline: none !important;">’</span></span><span style="outline: none !important;"><span style="outline: none !important;">s
Hotels & Hospitality group is pleased </span></span></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">to announce the addition of <b>James
Escarzega</b> as a Managing Director in its San Francisco office.</span></span></p><p class="yiv5088516447msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></span></p><p class="yiv5088516447msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4O7oA-ihVgy1WAecEGce05vOsTLgNUcqtbuVt4oSqIisQg2Hstf9LC-PgtJ7fFbVTykhkiRIdF-WjWV1wPKjFm3JzxAjL7Q7te6TsZXZSnCl8qeuFqWF4cvlz4fnPay5cUv8OOk9dtApv9J0WLgYvP7cAD7dcCNMjNZM3zze80pNNGzNeEFuzHrdcQAZ3/s424/John%20Strauss%20USE.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="424" data-original-width="288" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4O7oA-ihVgy1WAecEGce05vOsTLgNUcqtbuVt4oSqIisQg2Hstf9LC-PgtJ7fFbVTykhkiRIdF-WjWV1wPKjFm3JzxAjL7Q7te6TsZXZSnCl8qeuFqWF4cvlz4fnPay5cUv8OOk9dtApv9J0WLgYvP7cAD7dcCNMjNZM3zze80pNNGzNeEFuzHrdcQAZ3/w271-h400/John%20Strauss%20USE.jpg" width="271" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">John Strauss</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Escarzega will collaborate closely with </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">John Strauss</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">, who
leads JLL’s west coast hotel efforts, and </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Charles Halladay,</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> Executive
Managing Director and co-head of JLL’s Capital Markets group in San Francisco,
as well as Senior Managing Director </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Rob Hielscher</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> to spearhead strategic
initiatives and drive growth, focusing on hotel investment sales and advisory
in the western U.S.</span></span></p><span style="outline: none !important;"><p class="yiv5088516447recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv5088516447recipientaddressjll" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Escarzega
brings over 20 years of experience in the commercial real estate industry,
having previously worked at a global private equity firm and HFF. He holds a
degree in Hotel Administration from Cornell University.</span></p></span><span style="outline: none !important;">
<p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">"We are thrilled to welcome James to our
San Francisco office,” said Halladay. “James's background and expertise in the
hotel sector will greatly enhance our capabilities and strengthen our position
as a market leader. <o:p></o:p></span></p>
<p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiepEngLFKTYLBjjPM6kX_r_V94t-al_tX7k06b08DoVFtpARApHJ0cr6HHujjVq4NCGVsSyCNstRiqWputvTceuoi5FBfPiJmwYypuss-TfxJYAuHzBzWDpza-vTChdo0SluFl9K-TAUBnodsubIapwyCYZP5xVDfCgtS3H6q9386475t015UN2pt7SMKb/s439/Charles%20Halladay,.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="439" data-original-width="239" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiepEngLFKTYLBjjPM6kX_r_V94t-al_tX7k06b08DoVFtpARApHJ0cr6HHujjVq4NCGVsSyCNstRiqWputvTceuoi5FBfPiJmwYypuss-TfxJYAuHzBzWDpza-vTChdo0SluFl9K-TAUBnodsubIapwyCYZP5xVDfCgtS3H6q9386475t015UN2pt7SMKb/w217-h400/Charles%20Halladay,.jpg" width="217" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-size: 16pt; text-align: left;">Charles Halladay</b></td></tr></tbody></table></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">"I am confident that his fresh
perspective and strategic approach will drive tangible value for our clients.”</span></p><p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
</span><span style="outline: none !important;">
<p class="yiv5088516447msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">Kevin Davis</span></b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">, Americas CEO
of JLL’s Hotels & Hospitality group, also shared his thoughts on
Escarzega's appointment, stating,</span></p><p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> "We recognize the immense value James
brings to the JLL team. His proven success in the commercial real estate
industry and deep industry expertise will undoubtedly contribute to our ability
to deliver comprehensive, client-focused solutions. </span></p><p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">"We are excited to have
James on board and look forward to the impact he will have on our firm's
continued growth."</span><o:p></o:p></p><p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p>
</span><span style="outline: none !important;">
<p class="yiv5088516447recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhyCzBvFvseUHeYSKb22vzlvy0xUj1xG8x_hsbRXItMZphWZ_snhMtC8eXse8AWftOCQV2cZCWqzlCp1V6jzflLi36sjITI99naeZmnCEUMr5HvCV0QLU1l26M0gVev4ZnIvwaBGfAbV49-bUF3c0teFWhT_2otOLpurwpoWq_MsDcbbDHFuNFK800yS8Id/s600/Robert%20(Rob)%20Hielscher.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="450" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhyCzBvFvseUHeYSKb22vzlvy0xUj1xG8x_hsbRXItMZphWZ_snhMtC8eXse8AWftOCQV2cZCWqzlCp1V6jzflLi36sjITI99naeZmnCEUMr5HvCV0QLU1l26M0gVev4ZnIvwaBGfAbV49-bUF3c0teFWhT_2otOLpurwpoWq_MsDcbbDHFuNFK800yS8Id/w300-h400/Robert%20(Rob)%20Hielscher.jpg" width="300" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: left;">Rob Hielscher</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: left;"> </span></td></tr></tbody></table><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;">JLL’s Hotels & Hospitality Group has completed
more transactions than any other hotels and hospitality real estate advisor
over the </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">last</span><span style="outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> five years, totalling $83 billion
worldwide. </span></span></span></p><p class="yiv5088516447recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"><br /></span></span></span></p><p class="yiv5088516447recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The group’s 370-strong global team in over 20 countries also closed
more than 7,350 advisory, valuation and asset management assignments. </span></span></span></p><p class="yiv5088516447recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></span></span></p><p class="yiv5088516447recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Our hotel
valuation, brokerage, asset management and consultancy services have helped
more hotel investors, owners and operators achieve high returns on their assets
than any other real estate advisor in the world.</span></span></span></p><p class="yiv5088516447recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></span></span></p>
<span style="outline: none !important;">
<p class="yiv5088516447recipientaddressjll" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"> <table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPMrWu7QBXWk5BlgFa_2zToEIySoA-6OkdBdvOe-EBy32vxCSD91hIMNp-sKK4JFb8A7HnMvu69Y9DQPJNY64fG0I5WN71jYnC_DpQSwOqeGQA3fJGYJrfCm5suCEinaxVeVkhktnKAF0iuYAx3x6qbTeUqGWKGDc4fV3PsOIThtoibadkriBEjXVelf10/s997/Kevin%20M.%20Davis.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="997" data-original-width="790" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPMrWu7QBXWk5BlgFa_2zToEIySoA-6OkdBdvOe-EBy32vxCSD91hIMNp-sKK4JFb8A7HnMvu69Y9DQPJNY64fG0I5WN71jYnC_DpQSwOqeGQA3fJGYJrfCm5suCEinaxVeVkhktnKAF0iuYAx3x6qbTeUqGWKGDc4fV3PsOIThtoibadkriBEjXVelf10/w318-h400/Kevin%20M.%20Davis.jpg" width="318" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: "Times New Roman"; text-align: left;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Kevin Davis</span></b></td></tr></tbody></table><br /></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p>
<span style="outline: none !important;">
<p style="background: white; margin-bottom: 0.25in; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">For more news, videos and research
resources, please visit JLL’s </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: #0563c1; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">newsroom</span></span></b></span><span style="outline: none !important;"><span style="color: #1d2228; text-decoration-line: none;"></span></span></a><span style="outline: none !important;"></span><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;"><span style="outline: none !important;">.</span></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Helvetica; font-size: 8.0pt;"><span style="outline: none !important;"><o:p></o:p></span></span></span></p>
</span></span><span style="outline: none !important;">
<p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 8.0pt; mso-ansi-language: EN-GB;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="font-family: Arial; font-size: 20pt;">CONTACT:<o:p></o:p></span></u></b></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><br /></p>
<p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">Alli Stent</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv5088516447msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">PR,
Hotels & Hospitality<o:p></o:p></span></span></p>
<p class="yiv5088516447msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"> <span style="outline: none !important;"></span><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 20pt;">Capital Markets</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><o:p></o:p></span></span></p>
</span>
<p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="font-family: Arial; font-size: 20pt;">Chicago | JLL<br style="outline: none !important;" />
</span></span><span style="outline: none !important;"><span style="font-family: Arial; font-size: 20pt;">M +1 330 329
6750</span></span><b><u><span style="font-family: Arial; font-size: 20pt;"><o:p></o:p></span></u></b></p></span><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-4140587696852584312024-03-13T20:57:00.000-07:002024-03-13T20:58:55.559-07:00JLL Capital Markets brokers $160 million construction financing for the 95-unit Caretta oceanside condominium development in Juno Beach, FL, JDL Corp.’s first project in Florida<p> </p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZJ-XnEoVNrSflwMlmrdhVOQf03NVd0qRdmiUMWqf3TAUqU4IOpIf8bMGCR2mnH4F-KhWYDq4AfZKQzBgnKaGFa5sBK4GORs9DmgBHRhvV7h5WMFOvmVD-yc4mR0858VmdaVWd4YQ-8TL_1LoxKL2TqIw_tjDAg5AjRdCEcTQgO2h-kf9bJOaQDGLE-QSz/s800/Caretta%20condo.png" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="800" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZJ-XnEoVNrSflwMlmrdhVOQf03NVd0qRdmiUMWqf3TAUqU4IOpIf8bMGCR2mnH4F-KhWYDq4AfZKQzBgnKaGFa5sBK4GORs9DmgBHRhvV7h5WMFOvmVD-yc4mR0858VmdaVWd4YQ-8TL_1LoxKL2TqIw_tjDAg5AjRdCEcTQgO2h-kf9bJOaQDGLE-QSz/w640-h480/Caretta%20condo.png" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Caretta</b><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"><b>, a 95-unit, luxury, boutique <br />condominium development located <br />in Juno Beach, FL</b></span></td></tr></tbody></table><br /><p></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">MIAMI, FL</span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;"> –</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> JLL Capital
Markets has closed the $160 million construction financing for </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Caretta</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">,
a 95-unit, luxury, boutique condominium development located in Juno Beach,
Florida.</span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ4Y8uyBcycVQXzWWYKCP6pqszfUoZO8QJlEIMwThGCIhTD12kluycjEFBD4onEUFxV80HuSzL2t2naPTVykiwzAHF9z2NrmGFpCky4OYxAfX-ToHeMYdymaHW9vMX2fCTykffGs0mObWrhmuQPOsugsmPmApdEuA0hlN5wMwpHekNGpFTjeOfN8X9AmV1/s258/Matthew%20Lawton%20NEW%20USE.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="258" data-original-width="195" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQ4Y8uyBcycVQXzWWYKCP6pqszfUoZO8QJlEIMwThGCIhTD12kluycjEFBD4onEUFxV80HuSzL2t2naPTVykiwzAHF9z2NrmGFpCky4OYxAfX-ToHeMYdymaHW9vMX2fCTykffGs0mObWrhmuQPOsugsmPmApdEuA0hlN5wMwpHekNGpFTjeOfN8X9AmV1/w302-h400/Matthew%20Lawton%20NEW%20USE.jpg" width="302" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Matthew Lawton</b><span style="font-family: Arial; font-size: 21.3333px; text-align: left;">,</span></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;">JLL worked on behalf of the
borrower, JDL Development and Wanxiang America Real Estate Group, to secure the
loan through Bsafal Inc.</span><p></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv7263152612eop"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">The
JLL Capital Markets Debt Advisory team was led by Executive Managing Director <b>Matthew
Lawton</b>, Managing Director <b>Brian Gaswirth</b>, Associate <b>Paul Adams</b>
and Analyst <b>Shane Ciacci</b>.</span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span class="yiv7263152612eop"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> <span class="yiv7263152612eop">"We are thrilled to collaborate with JDL, a highly
regarded developer with an impressive portfolio of projects that have left an
incredible mark on Chicago's skyline," said Gaswirth. "Their entry
into the Juno Beach condo market presents a tremendous opportunity for them to
create a similar legacy in South Florida."<o:p></o:p></span></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span class="yiv7263152612eop"><br /></span></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXOnxt2gqmOZsVm3BUwmtizNhaefDBU8DNrE4ABOXKJUxIDxAiuI1gRNoinwaREMmlAiz0xMRZV4gGr7-bFweZDShzVxJJ5VkY3kBZ3WXDwHVa1IDunvfCL7eOAIS_Y0k4tNrM2fwZV_7Fhfq7cs4ipTzsfTL0sVIU-35dGPJKYWbri78771PLiEZaxpzi/s266/brian%20gaswirth%20USE.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="266" data-original-width="190" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXOnxt2gqmOZsVm3BUwmtizNhaefDBU8DNrE4ABOXKJUxIDxAiuI1gRNoinwaREMmlAiz0xMRZV4gGr7-bFweZDShzVxJJ5VkY3kBZ3WXDwHVa1IDunvfCL7eOAIS_Y0k4tNrM2fwZV_7Fhfq7cs4ipTzsfTL0sVIU-35dGPJKYWbri78771PLiEZaxpzi/w286-h400/brian%20gaswirth%20USE.jpg" width="286" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-size: 21.3333px; text-align: left;"> </span><b style="font-size: 21.3333px; text-align: left;">Brian Gaswirth</b></td></tr></tbody></table><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="font-size: 16pt;"><br /></span></span><div><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="font-size: 16pt;">With an anticipated completion
of 2025, Caretta will offer 95 expansive two-, three- and four-bedroom units,
averaging 3,137 square feet.</span></span><p></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Designed by Hartshorne Plunkard
Architecture, Caretta will feature elegant finishes, 10-foot ceilings, European
oak wood floors, quartzite countertops and large terraces, and select
ground-floor units will offer private lawns and pools. <o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Additionally, eastern facing,
upper floor units will have expansive ocean views given the low-rise nature of
the properties to the east.<o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="mso-spacerun: yes;"> </span>Community amenities will include a rooftop deck with an infinity
edge pool, a fitness center, a sauna, a catering kitchen, a card room, a wine
storage room and lounges, in addition to a dog park, bike storage, a 24/7
concierge, dedicated beach service and more. <o:p></o:p></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgM36kZTbzh7MWbnA0OCA0wIUqaIIS8p_dnu_STTQSRtrDW02HolcSSexJIKjKC_JQrJ1tld1Ytl6qA476fO5dSeQwM6p4ZcU9fb4LdmlqxMT66ZBT1gjhXON1dkaJKTWSj9MhXhSO1u_nUvMj8WhHI6lvRnA0XzWaPrgwYfJE5EyPPJ969NykqwQpmRbju/s400/Paul%20Adams.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="400" data-original-width="400" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgM36kZTbzh7MWbnA0OCA0wIUqaIIS8p_dnu_STTQSRtrDW02HolcSSexJIKjKC_JQrJ1tld1Ytl6qA476fO5dSeQwM6p4ZcU9fb4LdmlqxMT66ZBT1gjhXON1dkaJKTWSj9MhXhSO1u_nUvMj8WhHI6lvRnA0XzWaPrgwYfJE5EyPPJ969NykqwQpmRbju/s320/Paul%20Adams.jpg" width="320" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Paul Adams<br /><br /><br /></b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt;">The property will also feature
ground-floor retailers and a restaurant, offering residents exceptional
amenities to enjoy while creating an urban atmosphere.</span><p></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">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 sales and advisory,
debt advisory, equity advisory or a recapitalization. <o:p></o:p></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipekUuJUxIYQrL8w87W38zlq2tezsFSVsjptuuAcHoQJjunu4sPyyH8si6N1GNMIdOmbx6gT7yhRbhQghQEJYSN1aRMryJaZgxZAdz8-KdEo6zuUXPEpTJllcFHAJfOBexLGLEZQA-Pyoj5frv5cTnrZ0OLgWidXV5iD8bP5XIsETH5AzuUQA1Zvgi0aiJ/s253/Shane%20Ciacci..jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="253" data-original-width="185" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipekUuJUxIYQrL8w87W38zlq2tezsFSVsjptuuAcHoQJjunu4sPyyH8si6N1GNMIdOmbx6gT7yhRbhQghQEJYSN1aRMryJaZgxZAdz8-KdEo6zuUXPEpTJllcFHAJfOBexLGLEZQA-Pyoj5frv5cTnrZ0OLgWidXV5iD8bP5XIsETH5AzuUQA1Zvgi0aiJ/w292-h400/Shane%20Ciacci..jpg" width="292" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Shane Ciacci</b><span style="font-family: Arial; font-size: 21.3333px; text-align: left;">.</span></td></tr></tbody></table><br /><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><br /></span><p></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">The firm has more than 3,000 Capital Markets
specialists worldwide with offices in nearly 50 countries.<o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">For more news, videos and research resources
on JLL, please visit our <a href="https://www.us.jll.com/en/newsroom" target="_blank"><span style="color: #0563c1;">newsroom</span></a>.<o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in; text-align: justify;"><span style="color: black; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><br /></span></u></b></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;">CONTACT:<o:p></o:p></span></u></b></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 9.5pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span></b><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">JLL, Public Relations<o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"><span style="mso-spacerun: yes;"> </span>Capital
Markets</span><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Dallas, Texas</span><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv7263152612msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">M +1 214 394 3356</span><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" target="_blank"><span style="color: #0563c1; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></a></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Courier; font-size: 8pt;"> <o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.jll.com/" target="_blank"><span style="color: #0563c1;">jll.com</span></a>.<o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: black; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p></div><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-17275319215290734032024-03-13T17:11:00.000-07:002024-03-13T17:11:55.899-07:00 Hold-Thyssen Completes New Multi-Year Lease Agreement for Relocation of Luxury Vacation Club’s Orlando Branch <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVaCxuzclc7tWBF6YVo3iDByFMuVlMU-4njUHsGkeBb_dGIQeEZCHLkrOq9t6qS0gEfVwQ3oiEVbk0Dm3VVyq6RbM1cH9EtVpPtX7lqTjGm7BcQO7pYcwthn9E3zM29zbl86y-SS2cMM4GnqxELPGWIaYEGPa9PR-1VaexNuW5GsdxCEle8kDv96NSqsOb/s275/darby%20hold%20new%201-23-23.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="275" data-original-width="266" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVaCxuzclc7tWBF6YVo3iDByFMuVlMU-4njUHsGkeBb_dGIQeEZCHLkrOq9t6qS0gEfVwQ3oiEVbk0Dm3VVyq6RbM1cH9EtVpPtX7lqTjGm7BcQO7pYcwthn9E3zM29zbl86y-SS2cMM4GnqxELPGWIaYEGPa9PR-1VaexNuW5GsdxCEle8kDv96NSqsOb/w619-h640/darby%20hold%20new%201-23-23.jpg" width="619" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="background-color: white; color: #1d2228; font-family: arial; text-align: left;">Darby Hold</b><span style="background-color: white; color: #1d2228; font-family: arial; text-align: left;"> </span></td></tr></tbody></table><p><span style="font-family: arial; outline: none !important;"><span style="color: #1d2228;">WINTER
PARK</span></span><span style="font-family: arial; outline: none !important;"><span style="color: #1d2228;">,
FL -- </span></span><b style="font-family: arial; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228;">Hold-Thyssen</span></span></b><span style="font-family: arial; outline: none !important;"><span style="color: #1d2228;">, </span><b style="outline: none !important;"><span style="outline: none !important;">Inc.,</span></b><span style="color: #1d2228;"> a
full-service commercial real estate services firm recently completed a
multi-year lease agreement with </span><b><a href="https://www.myholidayslounge.com/about-us/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span style="color: #467886;">Holidays Lounge,
LLC</span><span style="color: #467886; font-weight: normal;"> </span></span></a></b><span style="outline: none !important;"> at 1031 W. Morse Blvd. in Winter Park.</span></span></p><form>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: arial;"><span style="color: #1d2228;"> </span><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial;"><span style="outline: none !important;"><span style="color: #1d2228;">The
vacation and leisure lifestyle club leased a 1,686 square foot suite in the
Class A office building to relocate its Orlando office. </span></span><span style="color: #1d2228;"><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: arial;"><span style="color: #1d2228;"> </span><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial;"><span style="outline: none !important;"><span style="color: #1d2228;">Senior
Director<span style="outline: none !important;"></span><span style="color: red;">,</span></span><span style="color: #1d2228;"> <b>Darby
Hold</b> negotiated the agreement on behalf of Morse Boulevard Development
Associates, LLC, landlord at the 47,852 square foot three-story office building
that is currently 90 percent leased.</span></span></span></p><p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial;"><span style="outline: none !important;"><span style="color: #1d2228;"> </span></span><span style="color: #1d2228;"><o:p></o:p></span></span></p><p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial;"><span style="outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwL4uP8xbuq-3BjyjBThKp__Ng8IGjbxlY-Y2eP2O2u16aYvVRzO6EN8cru2ofJOe020d3b_dkpvmgkVBjJu2o-rC5ojeisvuRO0dngG_rTde1rZg6M7u3oyZviuJOKBQtdvWBQWyzLfXUJweBJ29RU0BxKSHEKr42l2XKn5g_YA6Z0iF4C1wqVpquo7om/s360/Rhonda%20Chesmore%20USE.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="360" data-original-width="295" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwL4uP8xbuq-3BjyjBThKp__Ng8IGjbxlY-Y2eP2O2u16aYvVRzO6EN8cru2ofJOe020d3b_dkpvmgkVBjJu2o-rC5ojeisvuRO0dngG_rTde1rZg6M7u3oyZviuJOKBQtdvWBQWyzLfXUJweBJ29RU0BxKSHEKr42l2XKn5g_YA6Z0iF4C1wqVpquo7om/w524-h640/Rhonda%20Chesmore%20USE.jpg" width="524" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; text-align: left;">Rhonda Chesmore<br /><br /></b></td></tr></tbody></table></span></span><span style="color: #1d2228; font-family: arial;">Holidays
Lounge provides its members with access to over 3,000 luxury resort
destinations in more than 80 different countries. </span><b style="color: #1d2228; font-family: arial;">Rhonda Chesmore</b><span style="color: #1d2228; font-family: arial;">
of Kelly Price & Company represented the tenant in this transaction.</span></p>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial;"><span style="outline: none !important;"><span style="color: #1d2228;"> </span></span><span style="color: #1d2228;"><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial;"><span style="outline: none !important;"><span style="color: #1d2228;">The
1031 W. Morse Blvd. building is also home to Seacoast Bank, Timber Resorts and
Carr, Riggs and Ingram.</span></span><span style="color: #1d2228;"><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: arial;"><span style="color: #1d2228;"> </span><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; line-height: 16.9pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: arial;"><span style="color: #1d2228;">Hold-Thyssen, <span style="outline: none !important;"></span><span style="color: black;">Inc.</span></span><span style="color: #1d2228;"> provides
commercial property brokerage and leasing and management services to
institutional and private investor clients nationwide. The 40-year-old
firm’s current portfolio includes more than 100 commercial properties throughout
the United States.</span></span><o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<span style="outline: none !important;">
<p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><b><u><span style="font-family: Arial; font-size: 20pt;">CONTACTS:<o:p></o:p></span></u></b></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></u></b></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: arial; font-size: large;"><span style="color: #1d2228;">-</span><b>Robert
P. Hold</b></span></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: arial; font-size: large;"> Principal</span></p><p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: arial; font-size: large;"> Hold-Thyssen, Inc. <o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: arial; font-size: large;">407-691-0505<o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: arial; font-size: large;"> <span style="color: #1d2228;"><a href="mailto:bhold@HoldThyssen.com" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank" ymailto="mailto:bhold@HoldThyssen.com"><span style="outline: none !important;"><span style="color: #467886;">bhold@HoldThyssen.com</span></span></a></span><o:p></o:p><span style="outline: none !important;"></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="font-family: arial; font-size: large;"><span style="outline: none !important;"> </span><span style="color: #1d2228;"><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: arial; font-size: large;"><b><span style="color: #1d2228;">Beth
Payan</span></b></span></span></p><p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: arial; font-size: large;"><span style="color: #1d2228;"> Larry Vershel Communications Inc. <o:p></o:p></span></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: arial; font-size: large;"><span style="color: #1d2228;">407-461-3781 </span><o:p></o:p></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228;"><span style="font-family: arial; font-size: large;"><a href="mailto:beth@larryvershel.com" target="_blank"><span style="outline: none !important;"><span style="color: #467886;">beth@larryvershel.com</span></span></a><span style="outline: none !important;"> </span></span><span style="font-family: Arial; font-size: 16pt;"><o:p></o:p></span></span></p>
<p class="yiv6845874832msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Courier; font-size: 8.0pt;"> </span></p></span></form><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-16969841374931912982024-03-13T16:49:00.000-07:002024-03-13T16:51:32.088-07:00 Hovr Releases First Annual 2024 State of Travel and Hospitality Buyer’s Journey <p> <span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 8pt;"> </span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieV3xnshSWsABEabDlGY8OY2gmluzNXenxtcbJyBwMqMR7AMWDe1F3uq1Bl4N3yOBawq9CvOM4RQBwzTlVy0tpw8hQ0qE3tQjEgo9WZQJzL_RuZvTxMa2mutJwsCIcTeAaHtcnRKv1twSFFe6qBSE6NCOd-IiA-uNEcPKPYGFKNdF2F6BXP4xrJ_tVTA11/s225/Jason%20Craparo,%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="225" data-original-width="225" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieV3xnshSWsABEabDlGY8OY2gmluzNXenxtcbJyBwMqMR7AMWDe1F3uq1Bl4N3yOBawq9CvOM4RQBwzTlVy0tpw8hQ0qE3tQjEgo9WZQJzL_RuZvTxMa2mutJwsCIcTeAaHtcnRKv1twSFFe6qBSE6NCOd-IiA-uNEcPKPYGFKNdF2F6BXP4xrJ_tVTA11/w640-h640/Jason%20Craparo,%20USE.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 21.3333px; text-align: left;">Jason Craparo<br /><br /></b></td></tr></tbody></table><span style="font-family: Arial; font-size: 16pt; outline: none;">PHILADELPHIA,
PA, March 13, 2024</span><span style="font-family: Arial; font-size: 16pt; outline: none;">—Officials of
Hovr, an online quality content provider that encourages greater guest
engagement, today released the first annual “2024 State of Travel and
Hospitality Buyer’s Journey.” </span><p></p><form><span style="outline: none;">
<p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> </span><span style="font-family: Arial; font-size: 16pt;">The in-depth report examines seven trends
impacting travel purchasing decisions in 2024, as well as ways to further
engage guests to increase the likelihood of bookings.</span></p><p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhb9ij4GZO_0zZEmmDYHVapdM60IWH_uUeZ-Xl-J8KjHn7G_1MDEMjklq9aTePfkFZ8_xldUbQZDsMdlyJIV6zgEMIBlYc1gUDrWvf36vBko9BTfC9JxEUZQHQiv6VP0VjlDNYojyZr2v-X742iBxeHT1WmtRsVMzral9uMdoJ1f-yK1kUtKos7LgeL7f9c/s275/hotel%20signs%20use.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="183" data-original-width="275" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhb9ij4GZO_0zZEmmDYHVapdM60IWH_uUeZ-Xl-J8KjHn7G_1MDEMjklq9aTePfkFZ8_xldUbQZDsMdlyJIV6zgEMIBlYc1gUDrWvf36vBko9BTfC9JxEUZQHQiv6VP0VjlDNYojyZr2v-X742iBxeHT1WmtRsVMzral9uMdoJ1f-yK1kUtKos7LgeL7f9c/w640-h426/hotel%20signs%20use.jpg" width="640" /></a></div><span style="font-family: Arial; font-size: 16pt;"><p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></p> </span><span style="font-family: Arial; font-size: 16pt;">“Consumer habits across the board changed in drastic ways in the
years following the pandemic, and travel is no exception,” said </span><b style="font-family: Arial; font-size: 16pt;">Jason
Craparo</b><span style="font-family: Arial; font-size: 16pt;">, CEO, Hovr. “In an effort to help hotel marketers better
connect with potential guests, we have compiled the first annual ‘State of
Travel and Hospitality Buyer’s Journey.’ </span><p></p>
<p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 16pt;">"Filled with facts and figures that
can help hoteliers improve their bottom lines, we believe this information will
prove vital for hotels looking to increase direct bookings.”</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv4371154297msolistparagraphcxspmiddle" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt 46pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<span style="outline: none;">
<p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv4371154297msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="font-family: Arial; font-size: 20pt;">CONTACT:</span></u></b></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"> <o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"> <o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><b><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">Chris
Daly</span><o:p></o:p></b></span></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">President</span><o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">DG
Public Relations</span><o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;">(703)
864-5553</span><o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:chris@dalygray.com" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:chris@dalygray.com"><span style="outline: none;"><span style="color: #0563c1;">chris@dalygray.com</span></span></a></span><o:p></o:p></span></p>
<p class="yiv4371154297msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.dalygray.com/" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span style="color: #0563c1;">www.dalygray.com</span></span></a></span></span><span style="color: #1d2228; font-family: Arial; font-size: 8pt;"><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.gethovr.com/" target="_blank"><span style="color: #467886;">www.gethovr.com</span></a>.<o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> </span></p></span></span></form><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-3047122958715347302024-03-13T15:57:00.000-07:002024-03-13T15:59:24.316-07:00Kevin Sheehan returns to JLL Capital Markets as Managing Director in the Los Angeles office <p> <span style="background-color: white; color: #1d2228; font-family: Calibri; font-size: 8pt;"> </span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img border="0" data-original-height="600" data-original-width="800" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtqD4YwfcD7ajz71WvLJAkRgCMUQhB4egcDvxXE5WZSSLFrGVYA-fHMkkxMxMwY-AVvnX4p6TvULdo7cIUxrvQ0gg-PK-izbICTKfPlDdj4mFY0QkNHpwKneBNO-UcEESoWBucNHM_k3OtF5lWyzC2FoonCo7SSs0J8wOHADetm_sO3MhrN2DzZObn1mO9/w640-h480/Kevin%20Sheehan%20USE.png" style="margin-left: auto; margin-right: auto;" width="640" /></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Kevin Sheehan</b></td></tr></tbody></table><span style="background-color: white; color: #1d2228; font-family: Calibri; font-size: 8pt;"><br /></span><p></p><form>
<p class="yiv4529629659msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv4529629659eop"><span style="color: #1d2228; font-family: Arial; font-size: 14pt;"> </span></span></span></span><span style="outline: none;"><span class="yiv4529629659normaltextrun"><b style="outline: none;"><span style="outline: none;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">LOS ANGELES, CA, March 13, 2024</span></span></b></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv4529629659normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"> – <span style="outline: none;"></span></span><span class="yiv4529629659normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"> </span></span></span></span></span><span style="color: #1d2228; font-size: 16pt;"><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span style="outline: none;"><span class="yiv4529629659normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial;">JLL</span></span></span></span></a><span style="outline: none;"></span><span class="yiv4529629659normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial; font-size: 16pt;"><span style="outline: none;"> Capital
Markets </span></span></span></span><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;">is
pleased to announce the return of <b>Kevin Sheehan</b> as Managing Director in
the Los Angeles office. In his new role, Sheehan will be responsible for
institutional multi-housing investment sale advisory and equity placement
within Greater Los Angeles.</span></span></p><p class="yiv4529629659msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></span></p><p class="yiv4529629659msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBKMcHZIRhwbuYd5YOPfiMVoJlts3x7p5rkf2sDYdJMO5t_P4RrvBeer369xpNdSSSa1ChwWY4YJqC9xuSjaH3kjMbsxMduLGt8ApclsMDCmTszt-SfxOms0Hpr-rFjolnlNyQV9UjPYmHNZKyRC4Legy1IKCHCfa9nFvy2CxSmSN20xIbapZGidPPirXq/s520/Chelsea%20Jervis..jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="520" data-original-width="520" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBKMcHZIRhwbuYd5YOPfiMVoJlts3x7p5rkf2sDYdJMO5t_P4RrvBeer369xpNdSSSa1ChwWY4YJqC9xuSjaH3kjMbsxMduLGt8ApclsMDCmTszt-SfxOms0Hpr-rFjolnlNyQV9UjPYmHNZKyRC4Legy1IKCHCfa9nFvy2CxSmSN20xIbapZGidPPirXq/w640-h640/Chelsea%20Jervis..jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Chelsea Jervis<br /><br /></b></td></tr></tbody></table><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;">Sheehan will be joining the market-leading Southern
California multi-housing investment sales and advisory team led by Senior
Managing Director </span><b style="font-family: Arial; font-size: 16pt;">Blake Rogers</b><span style="font-family: Arial; font-size: 16pt;">, also in the Los Angeles office.</span></span><p></p><span style="outline: none;"><span style="outline: none;">
<p style="background: white;"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">The
team also includes Managing Director <b>Ryan Fitzpatrick</b> and Directors <b>Chelsea
Jervis</b> and <b>CJ Angle</b> in Orange County, as well as Managing Directors <b>Alexandra
Caniglia</b> and <b>Kip Malo</b> in San Diego.</span><span style="color: #1d2228; font-family: Helvetica; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p style="background: white; outline: none;"><span style="outline: none;"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">Prior to rejoining JLL, Sheehan was responsible for
multi-housing investments in Southern California and nationally for a leading
living developer. <o:p></o:p></span></span></p><p style="background: white; outline: none;"><span style="outline: none;"></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibYzGNguvyN5i4ZuyVwbi79J4FHL1tPLofE733cY2FypG8PSz0ux0x5l1Z537mTQEFZS9Y8jmTG2a51Bv6ia5IeGsXw0GGavWhPoyRBnBBMY6-1jhUXk2wHmkcro8aJbl7ANEY8RBNQDjFHHvMPOxTPEfLpnny8dqGjJHQvM4v1u6DRyPeeheh6qwUUagg/s550/Alexandra%20Caniglia%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="550" data-original-width="440" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibYzGNguvyN5i4ZuyVwbi79J4FHL1tPLofE733cY2FypG8PSz0ux0x5l1Z537mTQEFZS9Y8jmTG2a51Bv6ia5IeGsXw0GGavWhPoyRBnBBMY6-1jhUXk2wHmkcro8aJbl7ANEY8RBNQDjFHHvMPOxTPEfLpnny8dqGjJHQvM4v1u6DRyPeeheh6qwUUagg/w512-h640/Alexandra%20Caniglia%20USE.jpg" width="512" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Alexandra Caniglia<br /><br /></b></td></tr></tbody></table><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;">Throughout
his impressive career, Sheehan has been involved in the disposition,
acquisition and capitalization of approximately $3 billion of multi-housing
transactions.</span></span><p></p><p style="background: white; outline: none;"><span style="outline: none;"></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjuwu6DVqyORqmPGWrrmKab0-fTnhI1x9Lby2As3ErL07Mjk_R5V7nFxa38kP_2VNgWaQZVxAYsBvgeuRDCOirdNKZEG3CgeAx1gTz75bFCZ9lUiIbxn0Hb4Yd_VMxapZXCNrrAIm3V16NuBxDB4nBJnXMPSmilv9ZSK-9LFI-DEI_26b98ZAEFo7NNZylT/s366/Ryan%20Fitzpatrick.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="366" data-original-width="283" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjuwu6DVqyORqmPGWrrmKab0-fTnhI1x9Lby2As3ErL07Mjk_R5V7nFxa38kP_2VNgWaQZVxAYsBvgeuRDCOirdNKZEG3CgeAx1gTz75bFCZ9lUiIbxn0Hb4Yd_VMxapZXCNrrAIm3V16NuBxDB4nBJnXMPSmilv9ZSK-9LFI-DEI_26b98ZAEFo7NNZylT/w494-h640/Ryan%20Fitzpatrick.jpg" width="494" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Ryan Fitzpatrick<br /><br /></b></td></tr></tbody></table><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;">"We could not be more excited to welcome Kevin
back to JLL, and to our institutional multi-housing investment advisory
team," said Blake Rogers, Senior Managing Director at JLL.</span></span><p></p><p style="background: white; outline: none;"><span style="outline: none;"></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqvGPI6Dwnzgj89DnvgH0L3nuZq00iHsLEJDZkbUSAne53oE4AS6FJyyHkz2r569b0RaMm0zt-XWZTUGaE_Ku-Ji9WzVvAyNiUP58UVDgD5ZjBIphZY-ZQuNhQm_SebfoqavK87ncl2DDst39xSjz6E1QPMhnWF23OnYyEUY7mv-MCe14sKrE77bs9wOeY/s357/CJ%20Angle%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="357" data-original-width="284" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqvGPI6Dwnzgj89DnvgH0L3nuZq00iHsLEJDZkbUSAne53oE4AS6FJyyHkz2r569b0RaMm0zt-XWZTUGaE_Ku-Ji9WzVvAyNiUP58UVDgD5ZjBIphZY-ZQuNhQm_SebfoqavK87ncl2DDst39xSjz6E1QPMhnWF23OnYyEUY7mv-MCe14sKrE77bs9wOeY/w510-h640/CJ%20Angle%20USE.jpg" width="510" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">CJ Angle</b><span style="font-family: Arial; font-size: 21.3333px; text-align: left;"> <br /><br /></span></td></tr></tbody></table><span style="outline: none;"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;"> "His experience on the principal side of
the industry brings valuable insights and perspectives. His presence will
greatly benefit our clients as we continue our relentless pursuit of providing
best-in-class service."</span><span style="outline: none;"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 11pt; mso-ansi-language: EN-GB;"> </span></span></span><p></p><p style="background: white; outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgUBnCRyb2P_Zp0ILSe2GJgbRat2p0gcL0Hy3jL1EcbVgZa1ByIlyuQxGvWA23u6ylQxhokPnrw7x3NDtrxkjOBWlSXGYtuQcGmpl_qIz03cqA4Gr3ITSJI4QOMbHSiyr9IJJ9FEY-Za7MvO9PqAIoPzmNNaEVqPY9EPPwdtIofd9urjJroAhlQ6oahk-Eg/s361/Kip%20MaloUSE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="361" data-original-width="247" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgUBnCRyb2P_Zp0ILSe2GJgbRat2p0gcL0Hy3jL1EcbVgZa1ByIlyuQxGvWA23u6ylQxhokPnrw7x3NDtrxkjOBWlSXGYtuQcGmpl_qIz03cqA4Gr3ITSJI4QOMbHSiyr9IJJ9FEY-Za7MvO9PqAIoPzmNNaEVqPY9EPPwdtIofd9urjJroAhlQ6oahk-Eg/w438-h640/Kip%20MaloUSE.jpg" width="438" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: arial; font-size: medium;"><b>Kip Malo<br /><br /></b></span></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">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 sales and advisory,
debt advisory, equity advisory or a recapitalization. </span></span></span><p></p><p style="background: white; outline: none;"></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHHdJ4B2N8NIJzRO_OOZIShh9FUL_0GU-udC7R48UDzdjnNZtjP_yf_zJDPHTGeomQx6HXvdih6_wh403gdRMCZEBfrKycdvRdBTWVSTiKsFRp3sTQItKUxeDsedyAKvpMTCM_B3PvUP9-oTUdMalbjZdPqvfla35Z-vDy7iOzCHdFagbJT20FybdhXo_P/s259/Blake%20Rodgers%20%20USE%20SIRST.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="259" data-original-width="194" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHHdJ4B2N8NIJzRO_OOZIShh9FUL_0GU-udC7R48UDzdjnNZtjP_yf_zJDPHTGeomQx6HXvdih6_wh403gdRMCZEBfrKycdvRdBTWVSTiKsFRp3sTQItKUxeDsedyAKvpMTCM_B3PvUP9-oTUdMalbjZdPqvfla35Z-vDy7iOzCHdFagbJT20FybdhXo_P/w479-h640/Blake%20Rodgers%20%20USE%20SIRST.jpg" width="479" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: arial; font-size: medium;"><b>Blake Rogers</b></span></td></tr></tbody></table><p></p><p style="background: white; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The firm has more than 3,000 Capital
Markets specialists worldwide with offices in nearly 50 countries.</span></span></span></p><p style="background: white;"><o:p></o:p></p><p class="yiv4529629659paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv4529629659eop"><span style="font-family: Arial; font-size: 16pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv4529629659normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">For more news, videos and research
resources, please visit JLL’s </span></span></span></span><span style="outline: none;"><span style="font-size: 16pt;"><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span class="yiv4529629659normaltextrun"><b style="outline: none;"><span style="outline: none;"><span lang="EN-GB" style="color: black; font-family: Arial; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">newsroom</span></span></b></span></span></a></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv4529629659normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">.</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv4529629659eop"><span style="font-family: Arial; font-size: 16pt;"> </span></span></span></span></p><p style="background: white; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></span></span></p><p style="background: white; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></span></span></p><p style="background: white; outline: none;"><b style="background-color: transparent;"><u><span style="font-family: Arial; font-size: 20pt;">CONTACT:</span></u></b></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">JLL, Public Relations<o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"> Capital Markets</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Dallas, TX</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">M +1 214 394 3356</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" target="_blank"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></a><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.jll.com/" target="_blank"><span class="yiv6357555559normaltextrun">jll.com</span></a></span><span class="yiv6357555559normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 11.0pt;">. </span></span><span class="yiv6357555559eop"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 11.0pt;"> </span></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-size: 8pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p></span></span></form><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-23952180408901883012024-03-12T21:34:00.000-07:002024-03-12T21:34:03.085-07:00 JLL Capital Markets arranges $5 million refinancing for Phoenix retail center<p> <span style="background-color: white; color: #1d2228; font-family: Calibri; font-size: 8pt;"> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img border="0" data-original-height="600" data-original-width="800" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOn1RQNoejKgb9Rkcht1w4iKHH8gYx54om72_LQPFK23sBo2x1T0lpjoMNAAacRLgl9WN0QQUjo9SNUmyCu8jlOApa2m3n6QtpGB17zhDWNjYnknTKxlNYUGCklooDR83EPL9amHWVYzB51AZrqseg1NqZ26VA5rrMbx9IfSx7K9rJwnOPFevN_YrvMfi3/w640-h480/Camelback%20East%20Shops,.jpg" style="margin-left: auto; margin-right: auto;" width="640" /></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Camelback East Shops,</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"><b> a 25,129-SF<br /> neighborhood retail center in Phoenix, AZ</b></span></td></tr></tbody></table><br /></span></p><form>
<p class="yiv6983004087msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 10.0pt;"><span style="outline: none !important;">DENVER, CO – <span style="outline: none !important;"></span></span><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 16pt;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black;">JLL</span></span></span></span></a><span style="outline: none !important;"></span><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 16pt;"><span style="outline: none !important;"> Capital
Markets has</span></span><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="font-size: 16pt;"> arranged a $5.3 million refinancing for
<b>Camelback East Shops,</b> a 25,129-square-foot neighborhood retail center in
Phoenix, Arizona.</span></span></span></span></p>
<p class="yiv6983004087paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 10.0pt;"> </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6983004087msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">Located
on the southeast corner of 32nd St. and Camelback Rd., Camelback East Shops is
leased to a diverse roster of tenants including popular local restaurants,
Tarbell’s and First Watch, along with long-standing retailers like Van’s Golf
Shops. </span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></span></p><p class="yiv6983004087msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></span></p><p class="yiv6983004087msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5u3bVE_mQmcSOoHkUZLPidabRUyrbGDjeqVrJ_iqqGw5aEZLpQiiDjX7G7RK73hYSUuWWBsGuPEWOxb88DQPdD8uNXShIgJ6zlgzzQlgYt_PRPE3V5_0c-LpOtOW2w8TLWCtciFN6KGqy8TNqnx7dxT94lp1n4BR7ggd417ItXfLMJkxG_dcafnVDJhF9/s564/Allan%20Okabe%20USE.webp" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="423" data-original-width="564" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5u3bVE_mQmcSOoHkUZLPidabRUyrbGDjeqVrJ_iqqGw5aEZLpQiiDjX7G7RK73hYSUuWWBsGuPEWOxb88DQPdD8uNXShIgJ6zlgzzQlgYt_PRPE3V5_0c-LpOtOW2w8TLWCtciFN6KGqy8TNqnx7dxT94lp1n4BR7ggd417ItXfLMJkxG_dcafnVDJhF9/w640-h480/Allan%20Okabe%20USE.webp" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Allan Okabe<br /><br /></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The
MDC Realty Advisors team was led by one of its principals, </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">Allan Okabe</b><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">,
who remarked, “32nd Street and Camelback has been a core, stable asset for MDC
since we acquired it over 10 years ago. </span></span></p><span style="outline: none !important;">
<p class="yiv6983004087msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6983004087msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"> "This
high-profile corner within the Camelback Corridor of Phoenix, AZ provides our
tenants with high-level exposure and instant recognition throughout the region.
<o:p></o:p></span></p><p class="yiv6983004087msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><br /></span></p><p class="yiv6983004087msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img border="0" data-original-height="400" data-original-width="400" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgnFRHzGbwO4gpqc2UbBd7bSoRJ99Bk8wjQnRqBIHv6VKkIUXED6QtofnwhRJF7CJbECvuXWcoEporREfWLqJnIF4PNnwrwVSrT0u1d13f9By-BTDNDrj_iGoiZcOemywHF4fwXOdwS6b_rwptiUdvPvHzpZvkjgoeXEeENZNfXRgIxyrjr42pVQXSFCet3/w400-h400/William%20Haass.jpg" style="margin-left: auto; margin-right: auto;" width="400" /></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Will Haass<br /><br /></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">"We are excited about the opportunity to
upgrade and re-tenant this unique asset and wish to thank JLL for their efforts
in completing this refinancing.”</span></p>
</span>
<p class="yiv6983004087paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span class="yiv6983004087normaltextrun"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;"><span style="outline: none !important;"> </span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></span></p>
<span style="outline: none !important;">
<p class="yiv6983004087msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span class="yiv6983004087normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">The JLL Capital Markets team was led by </span></span></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 10.0pt;">Director <b>Will Haass</b> and</span><span class="yiv6983004087normaltextrun"><span style="outline: none !important;"><span style="outline: none !important;"> Executive Managing Director </span></span></span><b><span style="outline: none !important;">Eric Tupler</span></b>.</span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv6983004087msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><br /></span></p><p class="yiv6983004087msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjbEuqDLiDdUqxSZLSeLt8zClt5LSxRjQ3VBH26rd6VCrIzePrAnfVwdmQJImZ-xTTeLFZ7uBP2V7UrFLTkiq1Rq1U0cjrCgaOHeYGaRXFg-WxIXHfUsTbQ5LIHctvybnzIfWcDxeKudTjdiSobeBIUq_I5KWxzyeQyG2nfu5As6mHEqYzm8W2Je6NO2bJK/s315/Eric%20Tupler%20USE.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="315" data-original-width="315" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjbEuqDLiDdUqxSZLSeLt8zClt5LSxRjQ3VBH26rd6VCrIzePrAnfVwdmQJImZ-xTTeLFZ7uBP2V7UrFLTkiq1Rq1U0cjrCgaOHeYGaRXFg-WxIXHfUsTbQ5LIHctvybnzIfWcDxeKudTjdiSobeBIUq_I5KWxzyeQyG2nfu5As6mHEqYzm8W2Je6NO2bJK/w400-h400/Eric%20Tupler%20USE.jpg" width="400" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: arial; font-size: medium;"><b style="text-align: left;">Eric Tupler<br /><br /></b></span></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">“MDC
has had this gem of a retail asset in their portfolio for several years and
done a phenomenal job positioning it in the submarket,” said Haass. “We look
forward to their continued success bringing new concepts into the center and
the greater community.” </span></p>
<p class="yiv6983004087paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<span style="outline: none !important;">
<p class="yiv6983004087paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<span style="outline: none !important;">
<p class="yiv6983004087paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">For
more news, videos and research resources, please visit JLL’s </span></span></span><span style="outline: none !important;"><span style="font-family: Arial; font-size: 16pt;"><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span class="yiv6983004087normaltextrun"><b style="outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="color: black; mso-ansi-language: EN-GB; mso-bidi-font-size: 10.0pt;">newsroom</span></span></b></span></span></a></span></span><span style="outline: none !important;"><span style="outline: none !important;"><span class="yiv6983004087normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">.</span></span></span></span><span style="outline: none !important;"><span style="outline: none !important;"><span class="yiv6983004087eop"><span style="font-family: Arial; font-size: 16pt;"> </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6983004087paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> <o:p></o:p></span></p>
<span style="outline: none !important;">
<p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> </span></span><span style="color: #1d2228; font-family: Arial; font-size: 11pt;"> </span></p><span style="outline: none !important;">
<p style="margin: 0in 0in 9.4pt; outline: none !important;"><span style="outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><u><span style="font-family: Arial; font-size: 20pt;">CONTACT:<o:p></o:p></span></u></span></b></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">JLL,
Public Relations<o:p></o:p></span></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;"> Capital Markets</span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">Dallas,
TX</span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 10.0pt;">M
+1 214 394 3356</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Calibri; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank" ymailto="mailto:Jenna.Sharp@jll.com"><span style="outline: none !important;"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></span></a></span><o:p></o:p><span style="outline: none !important;"></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Calibri;"><span style="font-size: large;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-size: large;"><span style="color: #1d2228; font-family: Arial;"><a href="http://www.jll.com/" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1;"><span style="outline: none !important;">jll.com</span></span></span><span style="color: #1d2228; text-decoration-line: none;"></span></span><span style="outline: none !important;"><span style="outline: none !important;"></span></span></a></span><span style="outline: none !important;"><o:p></o:p></span><span style="outline: none !important;"></span></span></p>
<span style="outline: none !important;"><span style="font-size: large;">
</span><p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><u><span style="font-family: Arial;"><a href="http://www.mdcra.com/" target="_blank"><span style="color: black;"><span style="font-size: large;">www.mdcra.com</span></span></a><span style="font-size: 16pt;"><o:p></o:p></span></span></u></b></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><br /></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p></span></span></span></span></span></span></form><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-31443102153818425772024-03-12T02:29:00.000-07:002024-03-12T02:29:42.752-07:00JLL Capital Markets handles $74.5 million sale of the 230,970-square-foot, Publix-anchored Key Plaza Shopping Center in Key West, FL <form>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRlB4uL00OyQK_FRRx3tqJk2uOsWs3sCbRrWU1bYZVu_wuck5LDK_A3xmTO2kdjQ-ErkNzViMyT_XLqVZs8qokJ6kQH46oWwZ4I6cXpLInkA_Br5gl3hciJCOZnQ2v5KnaZduUnblxbj74V6Yy5x2v2aIzHsDg5MpDvUoJW6B7zfRuR1Ddj3kZheZf38iZ/s726/Kim%20Flores..jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="726" data-original-width="726" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRlB4uL00OyQK_FRRx3tqJk2uOsWs3sCbRrWU1bYZVu_wuck5LDK_A3xmTO2kdjQ-ErkNzViMyT_XLqVZs8qokJ6kQH46oWwZ4I6cXpLInkA_Br5gl3hciJCOZnQ2v5KnaZduUnblxbj74V6Yy5x2v2aIzHsDg5MpDvUoJW6B7zfRuR1Ddj3kZheZf38iZ/w640-h640/Kim%20Flores..jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Kim Flores</b></td></tr></tbody></table><br /><p class="yiv0541474138msonormal" style="background: white; margin: 6pt 0in 0.0001pt; outline: none !important; text-align: justify;"><span style="outline: none !important; text-align: left;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">MIAMI,
FL<b> –</b></span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"> </span><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"></a></span></span></span><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">JLL</span></span></span><span style="color: #1d2228; text-decoration-line: none;"></span></span></span></span></a></span><span style="outline: none !important; text-align: left;"> Capital Markets announced </span><span style="outline: none !important; text-align: left;">it was
an advisor on </span><span style="outline: none !important; text-align: left;">the</span><span style="outline: none !important; text-align: left;"><span style="outline: none !important;"> $74.5
million sale of Key Plaza Shopping Center, a 230,970-square-foot,
Publix-anchored retail center located in Key West, Florida.</span></span></p>
<p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"> </span><o:p></o:p></span></span></span></p>
<p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;">JLL advised the seller, and Publix Super
Markets, Inc. acquired the asset.</span><o:p></o:p></span></span></span></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><br /></span></span></span></span></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span></span></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5AS757ppCdahZ-UIvpSwmnCPb2mofjnsPaUFsRozDH-PXhyphenhyphenA9du2QC_AB6CuhFpFRBaEywNO1RtHE4YjY6gTvtIAb5eSvQsMsrUZdPZNAfclScaOQORkS7YtLkibA6ORwPoDFrVQMfLxnJWoLyn5Ly0yIcxdYxUDx_CgslLo1TIlJ27IUi3KfVs8rp1of/s800/Publix%20exterior%20new%203-12-24.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="600" data-original-width="800" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5AS757ppCdahZ-UIvpSwmnCPb2mofjnsPaUFsRozDH-PXhyphenhyphenA9du2QC_AB6CuhFpFRBaEywNO1RtHE4YjY6gTvtIAb5eSvQsMsrUZdPZNAfclScaOQORkS7YtLkibA6ORwPoDFrVQMfLxnJWoLyn5Ly0yIcxdYxUDx_CgslLo1TIlJ27IUi3KfVs8rp1of/w640-h480/Publix%20exterior%20new%203-12-24.png" width="640" /></a></div><br /><span style="outline: none !important;"><br /></span><p></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">The JLL Retail Capital Markets team that advised the seller was led by Executive Managing Director </span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">Manny DeZarraga</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">, Senior Managing Director </span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">Danny Finkle</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">, Senior Directors </span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">Eric Williams </b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">and </span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px;">Jorge Portela</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px;"> and Vice President</span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px;"> Kim Flores.</b></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px;"><br /></b></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDN5UahCkLADpBhKkbphQzDVW5sO6bx1F-QpAociafvNtssc_lUzrI4YLy35oYAN1kseeT7l-FzJAhykjC5Qofyg6MCXmeokuI-LJowPYfHcm5UQKFQPSAzyqQ5Jcq4O6rJOvAikXYxeUhf1WuYNZM-ONAWaDJOY8DzCyBaemXwfxZFRHbHvTm-LbckWS5/s156/Manny%20de%20Zarraga,%20HFF.JPG" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="156" data-original-width="119" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDN5UahCkLADpBhKkbphQzDVW5sO6bx1F-QpAociafvNtssc_lUzrI4YLy35oYAN1kseeT7l-FzJAhykjC5Qofyg6MCXmeokuI-LJowPYfHcm5UQKFQPSAzyqQ5Jcq4O6rJOvAikXYxeUhf1WuYNZM-ONAWaDJOY8DzCyBaemXwfxZFRHbHvTm-LbckWS5/w305-h400/Manny%20de%20Zarraga,%20HFF.JPG" width="305" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Manny DeZarraga</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Situated
at 1107 Key Plaza, the property is known as a leading grocery-anchored power
center within Key West. In addition to being anchored by Publix, tenants
include OfficeMax, Dollar Tree and more. In addition, the property benefits
from easy access to US1/North Roosevelt Boulevard.</span></p>
<p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"> </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> </span></p>
<p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">JLL Capital Markets is a full-service global
provider of capital solutions for real estate investors and occupiers. </span></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">The
firm's in-depth local market and global investor knowledge delivers the
best-in-class solutions for clients — whether investment and sales advisory,
debt advisory, equity advisory or a recapitalization. </span></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">The firm has more than
3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.</span><o:p></o:p></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8Gjwib2Q8-J921zJE_Z_NWfUogRVy9EkOquPFSGUly6hgGjlodvEffvGTMHAM28_DmsFmscIU9hk_hHw2CAKJcShw8ppZKcrkieEagQ4zk77WawcSuPF9MU2VotlWJnmwiwsB_7ESdv49ognpIvWwshCEctJFZsAwkkYSQu3Brys5jgzoNU0pTUwe1oXV/s461/danny%20finkle%20NEW.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="461" data-original-width="298" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8Gjwib2Q8-J921zJE_Z_NWfUogRVy9EkOquPFSGUly6hgGjlodvEffvGTMHAM28_DmsFmscIU9hk_hHw2CAKJcShw8ppZKcrkieEagQ4zk77WawcSuPF9MU2VotlWJnmwiwsB_7ESdv49ognpIvWwshCEctJFZsAwkkYSQu3Brys5jgzoNU0pTUwe1oXV/w259-h400/danny%20finkle%20NEW.jpg" width="259" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Danny Finkle</b></td></tr></tbody></table><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">For
more news, videos and research resources on JLL, please visit our </span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"></a></span></span><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none !important;" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #0563c1;"><span style="outline: none !important;"><span style="outline: none !important;">newsroom</span></span></span><span style="color: #1d2228; text-decoration-line: none;"></span></span></span><span style="outline: none !important;"></span></a></span><span style="outline: none !important;"><span style="outline: none !important;">.</span></span></p>
<p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="font-family: Arial; font-size: 16pt;"><br /></span></b></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="font-family: Arial; font-size: 16pt;"><u>About JLL</u></span></b><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></p><p class="yiv0541474138msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="font-family: Arial; font-size: 16pt;"><br /></span></b></p>
<p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: Arial; font-size: 16pt;">For over 200 years, JLL (NYSE: JLL), a leading
global commercial real estate and investment management company, has helped
clients buy, build, occupy, manage and invest in a variety of commercial,
industrial, hotel, residential and retail properties. </span></span></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: Arial; font-size: 16pt;"><br /></span></span></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="font-family: Arial; font-size: 16pt;">A Fortune 500</span></span><span style="outline: none !important;"><sup style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">®</span></span></span></sup></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"> company with annual revenue of $20.8
billion and operations in over 80 countries around the world, our more than
106,000 employees bring the power of a global platform combined with local
expertise. </span></span></span></span></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;"><br /></span></span></span></span></p><p class="yiv0541474138msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;"><span style="outline: none !important;">Driven by our purpose to shape the future of real estate for a
better world, we help our clients, people and communities </span></span></span><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 8.0pt;"></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">SEE A
BRIGHTER WAY<sup style="outline: none !important;">SM</sup></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"></span><span style="outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;">. JLL is the brand name, and a registered
trademark, of Jones Lang LaSalle Incorporated.</span></span></span></span></p>
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<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
</form><p><span style="background-color: white; font-family: Arial; font-size: 20pt;"> </span> </p><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-77945216626847301332024-03-11T21:41:00.000-07:002024-03-12T02:12:17.374-07:00JLL Capital Markets arranges $80.5 million refinancing for the 536-unit Chase Village multi-housing community in Eugene, OR<p></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-15NsPNxjagc1e-4P5Q42KWhGFPiOwBasLJQo0VVUzsbhSBDbZ1tyyUeNcyrzikjIEExKWCxFct4G1WtJQkVQCwh4TS6lDSa8Kg7x_wWbHTMI0dIUjQhRfR_-04A5bgSCIOnGCbr4DQgNOMV7FnPDBcOh5IgivN0Zo7lK4sgRu95vWyHMb1oj2n15f1RP/s800/Chase%20Village,%20housing.png" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="600" data-original-width="800" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-15NsPNxjagc1e-4P5Q42KWhGFPiOwBasLJQo0VVUzsbhSBDbZ1tyyUeNcyrzikjIEExKWCxFct4G1WtJQkVQCwh4TS6lDSa8Kg7x_wWbHTMI0dIUjQhRfR_-04A5bgSCIOnGCbr4DQgNOMV7FnPDBcOh5IgivN0Zo7lK4sgRu95vWyHMb1oj2n15f1RP/w640-h480/Chase%20Village,%20housing.png" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: arial; font-size: medium;"><b><span style="background-color: white; text-align: left;">Chase Village,</span><span style="background-color: white; text-align: left;"> a 536-unit, garden-style<br /> multi-housing community located <br />at </span><span style="background-color: white; text-align: left;">375 Marche Chase Drive <br /></span>in Eugene, OR</b></span></td></tr></tbody></table> <span style="background-color: white; color: #1d2228; font-family: Calibri; font-size: 8pt;"> <br /></span><p></p><form>
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-family: Calibri; font-size: 8pt;"><span style="outline: none;"> </span></span><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228;"><span style="outline: none;"><span style="outline: none;"><span style="font-family: arial; font-size: medium;">SEATTLE, WA<b> –</b></span></span></span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="font-family: arial; font-size: medium;"> JLL <span style="outline: none;">Capital Markets has arranged the $80.5 million
refinancing of <b>Chase Village,</b> a 536-unit, garden-style multi-housing community
located in Eugene, Oregon.</span></span></span></span></span></span></span></span></p><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></span><span style="font-family: Calibri; font-size: 16pt;"></span><o:p></o:p></span></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHMJrGqtqmYKvB6_WQd24_VXvCjZMDoMAwtsFPMSzDBJz4k3JFsXjXGHCSw76WpofUWWzwdfI3Rx9Exn3Nsw6siYtB0nvm2szu5PAVKOGy5IFcpA3C5GgUbjZ6BD2NdIlA_I6hmhyphenhyphen0vI9hIKdEYtBsQvTNxPEm2UVylWzBv-qScTKJ1ns2fuVr41O23OO9/s382/Jake%20Wisness.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="382" data-original-width="279" height="473" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHMJrGqtqmYKvB6_WQd24_VXvCjZMDoMAwtsFPMSzDBJz4k3JFsXjXGHCSw76WpofUWWzwdfI3Rx9Exn3Nsw6siYtB0nvm2szu5PAVKOGy5IFcpA3C5GgUbjZ6BD2NdIlA_I6hmhyphenhyphen0vI9hIKdEYtBsQvTNxPEm2UVylWzBv-qScTKJ1ns2fuVr41O23OO9/w293-h473/Jake%20Wisness.jpg" width="293" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 21.3333px; text-align: left;">Jake Wisness</b></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span class="yiv0243600647eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">JLL worked on behalf of the borrower, Horizon
Realty Advisors, to secure the five-year </span></span></span></span></span><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"></span></span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">loan
through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate
Capital, LLC, a Freddie Mac Optigo</span></span></span><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-size: 16pt;"></span></span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">℠</span></span></span><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"></span></span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> lender.</span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></span><p></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">Built in 1990, Chase Village features one-,
two- and three-bedroom units with full kitchens, in-unit laundry, wood plank
flooring, walk-in closets and some of the largest bedrooms in Eugene. <o:p></o:p></span></span></span></span></span></span></span></p><p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><br /></span></span></span></span></span></span></span></p><p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"></span></span></span></span></span></span></p><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="font-size: 16pt;">Community amenities include a
swimming pool, basketball court, an updated fitness center, outdoor lounge
spaces, a basketball court, a grilling area and a car wash area.</span></span></span></span></span></span><p></p><p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
<span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">Located at <b>375 Marche Chase Dr,</b> the
property sits in Lane County, and residents benefit from outstanding schools
and abundant employment opportunities. Both the University of Oregon and Peace
Health Corp are within proximity of the community.</span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv0243600647eop"><span style="outline: none;"><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv0243600647eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">The JLL Capital Markets Debt Advisory team was
led by Managing Director <b>Jake Wisness</b> and Associate <b>Jake Davidson.</b></span></span></span></span></span></span><b><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></b></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv0243600647eop"><span style="outline: none;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial; font-size: 16pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Calibri; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgeoTqTJTJwQau9EAc7cTKQ40RuTyGRChyphenhyphen8uKq4QOx7gkqL8vl-ejAYo9qrKsqY5rhzonRftcJOwNljj_UYZthGEb9xmalHpmdOCYEfW8rtnMj_EGpSwPThWqvXd5uTCHyNAoLmVuoAcNUwXMU8ND_qPu2C6tfg3lV0AY-HMXFn_Q0JZZTw39Q2NeFIFUaE/s246/Jake%20Davidson..jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="246" data-original-width="228" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgeoTqTJTJwQau9EAc7cTKQ40RuTyGRChyphenhyphen8uKq4QOx7gkqL8vl-ejAYo9qrKsqY5rhzonRftcJOwNljj_UYZthGEb9xmalHpmdOCYEfW8rtnMj_EGpSwPThWqvXd5uTCHyNAoLmVuoAcNUwXMU8ND_qPu2C6tfg3lV0AY-HMXFn_Q0JZZTw39Q2NeFIFUaE/w371-h400/Jake%20Davidson..jpg" width="371" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="font-size: 21.3333px; text-align: left;">Jake Davidson</b></td></tr></tbody></table><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;">“In today’s capital markets environment, Freddie
Mac continues to offer accretive financing with flexible interest rate buydown
options that give borrowers competitive pricing relative to other capital
sources," said Wisness<i style="outline: none;">.</i></span><o:p></o:p></span></span></span></span></span></span><p></p><p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><i style="outline: none;"><br /></i></span></span></span></span></span></span></span></p><p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"></span></span></span></span></span></span></span></p></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">"This
loan will allow Horizon Realty Advisors to continue operating a community that
has been a mainstay of Eugene for more than thirty years. JLL is extremely
grateful to be a part of this transaction,”</span><p></p>
<span style="outline: none;">
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="outline: none;"> </span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></span></span></span></p>
</span><span style="outline: none;">
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">For
more news, videos and research resources, please visit JLL’s </span></span></span><span style="outline: none;"><span style="font-family: Arial; font-size: 16pt;"><a href="https://www.us.jll.com/en/newsroom" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><b style="outline: none;"><span style="outline: none;"><span lang="EN-GB" style="color: black; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">newsroom</span></span></b></span></span></a></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="font-family: Arial; font-size: 16pt;">.</span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv6357555559eop"><span style="font-family: Arial; font-size: 16pt;"> </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></p>
<span style="outline: none;">
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span class="yiv6357555559eop"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"> </span></span></span></p><span style="outline: none;"><span style="outline: none;"><p style="margin: 0in 0in 9.4pt; outline: none;"><span style="outline: none;"><b style="outline: none;"><span style="outline: none;"><u><span style="font-family: Arial; font-size: 20pt;"><br /></span></u></span></b></span></p><p style="margin: 0in 0in 9.4pt; outline: none;"><span style="outline: none;"><b style="outline: none;"><span style="outline: none;"><u><span style="font-family: Arial; font-size: 20pt;">CONTACT:<o:p></o:p></span></u></span></b></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><b><span style="color: #e30613; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Jenna Sharp</span></b><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">JLL,
Public Relations<o:p></o:p></span></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;"> Capital Markets</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">Dallas,
TX</span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></span></p>
<p class="yiv0243600647msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 10.0pt;">M
+1 214 394 3356</span></span><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-family: Calibri; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="mailto:Jenna.Sharp@jll.com" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank" ymailto="mailto:Jenna.Sharp@jll.com"><span style="outline: none;"><span style="color: #0563c1; font-family: Arial; mso-bidi-font-size: 10.0pt;">Jenna.Sharp@jll.com</span></span></a></span><span style="outline: none;"><span style="font-family: Arial; font-size: 20pt;"><o:p></o:p></span></span></p>
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<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 8.0pt;"><a href="http://www.jll.com/" target="_blank"><span style="outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun">jll.com</span></span></span></a><span style="outline: none;"></span><span class="yiv6357555559normaltextrun"><span style="font-size: 20pt;"><span style="outline: none;">. </span></span></span></span><span style="outline: none;"><span style="outline: none;"><span class="yiv6357555559eop"><span style="color: #1d2228; font-family: Arial; font-size: 20pt; mso-bidi-font-size: 11.0pt;"> </span><o:p></o:p></span></span></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-size: 8pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p></span></span></span></span></form><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-71063119818657468342024-03-11T12:53:00.000-07:002024-03-11T12:54:54.008-07:00 JLL Capital Markets represents Northridge Capital in securing the refinancing for the W Aspen, an 88-key ski resort hotel in Colorado.<p> <span style="font-family: Symbol; font-size: 10pt; text-indent: -0.25in;">·<span style="font-family: "Times New Roman"; font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;">
</span></span><span style="font-size: 16pt; text-indent: -0.25in;"> </span></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWvZyIytfBXLKnYwpvgSBs-u8YPwPGplYfsAJrt9E3Xqdgu-MUYoQUrp7itUEOWIU5dtaY3pUGBhEIDhPAsLbLOs5wg5HcTbF_UG9-yULg97T-v8y3advC6GAHbrV45S5upF84JippTFI42CdYRzvku_qAaGCkKXPSEMhhbfiS44NxBU6xI0rlwW_XlFFi/s343/W%20Aspen,.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="228" data-original-width="343" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWvZyIytfBXLKnYwpvgSBs-u8YPwPGplYfsAJrt9E3Xqdgu-MUYoQUrp7itUEOWIU5dtaY3pUGBhEIDhPAsLbLOs5wg5HcTbF_UG9-yULg97T-v8y3advC6GAHbrV45S5upF84JippTFI42CdYRzvku_qAaGCkKXPSEMhhbfiS44NxBU6xI0rlwW_XlFFi/w640-h426/W%20Aspen,.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">The</span><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> W Aspen</span><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">, an 88-key ski resort hotel in Aspen, CO.</span></b></td></tr></tbody></table><span style="font-size: 16pt; text-indent: -0.25in;"><br /></span><p></p><form>
<p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-family: Calibri; font-size: 11pt; mso-bidi-font-family: Helvetica;"><!--[if !supportEmptyParas]--> </span><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"><span style="outline: none;">WASHINGTON, DC<b> </b>– <span style="outline: none;"></span></span><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 16pt;"> </span></span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><a href="http://www.jll.com/" rel="nofollow noopener noreferrer" style="outline: none;" target="_blank"><span style="outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black;">JLL</span></span></span></span></a><span style="outline: none;"></span><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 16pt;"><span style="outline: none;"> Capital
Markets has</span></span><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="font-size: 16pt;"> arranged the refinancing for the<b> W
Aspen</b>, an 88-key ski resort hotel in Colorado.</span></span> Financial details
were not disclosed.</span></span></p><p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><span class="yiv6357555559normaltextrun"><br /></span></span></p><span style="outline: none;">
<span style="outline: none;">
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"></p><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgywTDH7NlrxBeRO2REEIQnGhoEQEPViFsSXOOKMYxHjobkdbhtHdhoV06SlnyTU60PLvdl_GWNmvgQPrjhaPG4OBIyUik2NQs1JX-gW3MdKFQyVRcvsgzYtIqMrJh3rbRYG8-FAAtjLOrSgfC3K1z_KWjOPcZckcXBpPJOKNbcuEn-0Cs5GOODVuN_7ZNT/s353/Emma%20Buch%20USE.jpg" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="353" data-original-width="313" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgywTDH7NlrxBeRO2REEIQnGhoEQEPViFsSXOOKMYxHjobkdbhtHdhoV06SlnyTU60PLvdl_GWNmvgQPrjhaPG4OBIyUik2NQs1JX-gW3MdKFQyVRcvsgzYtIqMrJh3rbRYG8-FAAtjLOrSgfC3K1z_KWjOPcZckcXBpPJOKNbcuEn-0Cs5GOODVuN_7ZNT/w568-h640/Emma%20Buch%20USE.jpg" width="568" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Emma Buch</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">.</span></td></tr></tbody></table><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"> </span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span><p></p>
<span style="outline: none;">
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;">JLL worked on behalf of the borrower, Northridge Capital, and secured
the loan from Riyad Bank.</span><o:p></o:p></span></span></p><p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"><br /></span></span></span></p><p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEii55wv-bsH5Ik7rAKyzO6FCfToaluY3yIiPYLteZ39oBMQ_fLRLqhyd9W1t_IvqVmQYbrJjmOem5qnZSy8bbhCMEfbnlzV5EcVEOlLiPzLyKlMRLPcB9gbAVY8zG05mdRbWdy6rkjygJH_t35U5r2oRBcKyAid90Z5theA2mHFtGy7HEBTH_c6pKEln34n/s379/Chris%20Hew.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="379" data-original-width="285" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEii55wv-bsH5Ik7rAKyzO6FCfToaluY3yIiPYLteZ39oBMQ_fLRLqhyd9W1t_IvqVmQYbrJjmOem5qnZSy8bbhCMEfbnlzV5EcVEOlLiPzLyKlMRLPcB9gbAVY8zG05mdRbWdy6rkjygJH_t35U5r2oRBcKyAid90Z5theA2mHFtGy7HEBTH_c6pKEln34n/w301-h400/Chris%20Hew.jpg" width="301" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Chris Hew</b><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> </span></td></tr></tbody></table><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span class="yiv6357555559normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">The
JLL Capital Markets team was led by </span></span><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Managing Directors <b>Chris Hew</b> and <b>Jeff
Bucaro</b>, Executive Managing Director <b>Eric Tupler</b> and Associate <b>Emma
Buch</b>.</span></span></span></span><p></p>
<p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">“The
W Aspen is an irreplaceable asset and we’re very proud to have played a part in
the financing effort here,” said Hew.</span><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span lang="EN-GB" style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-ansi-language: EN-GB; mso-bidi-font-size: 11.0pt;"> </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;">The
W is a short walk to the heart of downtown Aspen’s historic shopping and dining
district and nestled at the base of Aspen Mountain. <o:p></o:p></span></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;">The W Aspen opened in the Fall of 2019 and is
the first new ground-up hotel construction project to deliver in Aspen in over
25 years.</span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p><p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"><br /></span></p><p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtng7kBqnWFqgZushFB8-iZzjfmgFZ3yaWokWqL_yu26vDAqopsY1sIYj7IIFM08GG4InllQ00Y6EAjg-RQ-Zgh5DgWO_YO0WLgKOHymZCfDsQpz1EQ3kh7BUzYAFCGt0C8B8A6DjKG2Z44PcXOhOgZQ4IlaBFxOGqbW5w2a0eMfD91JjixnRujzmrOowX/s266/jeff%20bucaro%20use.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="266" data-original-width="190" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtng7kBqnWFqgZushFB8-iZzjfmgFZ3yaWokWqL_yu26vDAqopsY1sIYj7IIFM08GG4InllQ00Y6EAjg-RQ-Zgh5DgWO_YO0WLgKOHymZCfDsQpz1EQ3kh7BUzYAFCGt0C8B8A6DjKG2Z44PcXOhOgZQ4IlaBFxOGqbW5w2a0eMfD91JjixnRujzmrOowX/w286-h400/jeff%20bucaro%20use.jpg" width="286" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Jeff Bucaro</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">The
five-story hotel is located at 550 South Spring St. and totals 74,184 square
feet. Key features include first-class amenities with a rooftop deck featuring
a heated pool and spa with panoramic views of Aspen Mountain, Independence
Pass, Red Mountain and Downtown Aspen.</span><p></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;">Additional amenities include three food and
beverage outlets, meeting/banquet space, a fitness facility, fire pits, rooftop
cabanas, structured parking and a seasonal ski shop.</span><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span><o:p></o:p></span></span></p>
<p class="yiv6357555559paragraph" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span class="yiv6357555559normaltextrun"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 11.0pt;"> </span></span></span></span><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
<p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">Located
over 7,900 feet above sea level in the heart of the White River National
Forest, Aspen is a historic mining town that has been transformed into a global
destination offering a limitless assortment of first-class outdoor activities
as well as best-in-class retail and dining options. <o:p></o:p></span></span></p><p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjePMd3YO3LD95BX6UHRrYqo8QvnpvN498lBus21_8qEt8PhpsunJcpUR4cF4DRjbjE45yl2v_62pAN4HH8SIikOV_BHKegPdeQGTxcGSeHwgLAsoaqZ1UGzMCPpw5LevPkCeZAlLXTtdcAJiuO0VAW9AqQjGCeCGNgZ_CAqahRZ57nHwWRlCoZI-PFDDOr/s315/Eric%20Tupler%20USE.jpg" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="315" data-original-width="315" height="315" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjePMd3YO3LD95BX6UHRrYqo8QvnpvN498lBus21_8qEt8PhpsunJcpUR4cF4DRjbjE45yl2v_62pAN4HH8SIikOV_BHKegPdeQGTxcGSeHwgLAsoaqZ1UGzMCPpw5LevPkCeZAlLXTtdcAJiuO0VAW9AqQjGCeCGNgZ_CAqahRZ57nHwWRlCoZI-PFDDOr/s1600/Eric%20Tupler%20USE.jpg" width="315" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Eric Tupler</b></td></tr></tbody></table><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></span><p></p><p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">Aspen draws year-round demand from across the
globe with eleven direct flights into Aspen County Airport from major hubs
across the United States.</span></span></p><p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><o:p></o:p></p>
<p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"> </span><o:p></o:p></span></p>
<p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">“After
the post-pandemic roller-coaster ride that was mountain resort hotel
performance during 2021-22, travel patterns and hotel performance returned to a
semblance of “normal” during 2023. <o:p></o:p></span></span></p>
<p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;">"As we near sell-out of our remaining
residential inventory, this was an opportune time to look for permanent hotel
financing, and we feel fortunate to have made the connection with Riyad Bank –
Houston Agency and established a positive working relationship that we look
forward to continuing for many years,” remarked Northridge CEO <b>Dave Jackson.</b></span><o:p></o:p></p><p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><b><br /></b></span></p><p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"></span></p><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc7Lqu4tKO6Su681TYjGGsDbWdFD7W_4lSEQxg0uCe5YiRDfc7CiStf4_wkdamkRjL-cbSVj6B268Jj4YV0uGZexlbR5_K1S1BfjIJ9asCVDU0ZTBRL26G0i4FrujgxDR8pkA0E6gI_bOU5CNA8rn1qtE2ccyp70YHj8_5pJtARMSG2Ph_0g4ZQRjBbfD6/s318/Dave%20Jackson.%20USE.jpg" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="318" data-original-width="213" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc7Lqu4tKO6Su681TYjGGsDbWdFD7W_4lSEQxg0uCe5YiRDfc7CiStf4_wkdamkRjL-cbSVj6B268Jj4YV0uGZexlbR5_K1S1BfjIJ9asCVDU0ZTBRL26G0i4FrujgxDR8pkA0E6gI_bOU5CNA8rn1qtE2ccyp70YHj8_5pJtARMSG2Ph_0g4ZQRjBbfD6/w268-h400/Dave%20Jackson.%20USE.jpg" width="268" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-size: 21.3333px; text-align: left;">Dave Jackson</b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">“It
was great to field a deep pool of prospective lenders interested in refinancing
the W Aspen, proving there is plenty of liquidity for iconic, irreplaceable
assets in desirable markets. </span><p></p><p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;"><br /></span></p><p class="yiv6357555559msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt;">"We picked the right partner in Riyad
Bank and look forward to a strong relationship for years to come” added Northridge
Managing Partner, </span><b style="color: #1d2228; font-family: Arial; font-size: 16pt;">David Etemadi.</b></p>
<p class="yiv6357555559msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none;"><span style="outline: none;"><span style="outline: none;"><span style="color: #1d2228; font-family: Arial; font-size: 16pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></span></p>
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<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><a href="http://www.northridgecapital.com/" target="_blank"><span style="outline: none;"><span style="color: #0563c1; mso-bidi-font-size: 11.0pt;">northridgecapital.com</span></span></a></span><span style="outline: none;"><span style="font-family: Arial; font-size: 20pt;">.</span><o:p></o:p></span></p>
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<p class="yiv6357555559paragraph" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-size: 8pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial; font-size: 20pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p></span></span></span></span></span></span></form><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-53706667367993597472024-03-10T21:56:00.000-07:002024-03-10T21:56:07.063-07:00 Most Affordable Homes Report Compiled by BestBrokers.com<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc9FpkBbCA4icn2q-zhVFVFzEy6C7qPhbfcLGpCit4La4eCbguRBbk8eZVkm53uU3YNZ92vCGPQIsjtY7y0RGI9jccawALKamuGccghPoBrcUxE-esVZ9bdBs-ePLXwMPLOsSjCX1Bj4JynVOinaed7M5qG_OIFYMwoLRebLsWBDKlSfzQ6lrX4OARb5e7/s75/Paul%20Hofman%20USE.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="75" data-original-width="75" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc9FpkBbCA4icn2q-zhVFVFzEy6C7qPhbfcLGpCit4La4eCbguRBbk8eZVkm53uU3YNZ92vCGPQIsjtY7y0RGI9jccawALKamuGccghPoBrcUxE-esVZ9bdBs-ePLXwMPLOsSjCX1Bj4JynVOinaed7M5qG_OIFYMwoLRebLsWBDKlSfzQ6lrX4OARb5e7/w400-h400/Paul%20Hofman%20USE.png" width="400" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Arial; font-size: 21.3333px; text-align: left;"> </span><b style="font-family: Arial; font-size: 21.3333px; text-align: left;">Paul Hoffman</b></td></tr></tbody></table><br /><p><span style="font-family: arial;"><span style="font-size: 16pt;">SEATTLE, WA -- BestBrokers.com has issued its comprehensive report
on the U.S. housing market, </span><a href="https://www.bestbrokers.com/2024/03/05/revealed-the-most-affordable-u-s-states-to-buy-a-home-in-2024/" rel="nofollow noopener noreferrer" style="font-size: 16pt; outline: none !important;" target="_blank"><span style="color: black; text-decoration-line: none;">identifying the US
states where homes are most affordable, when compared to the average income
there</span></a><span style="font-size: 16pt;">.</span></span></p><form>
<p style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; orphans: 2; outline: none !important; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: black; font-size: 16pt;"><span style="font-family: arial;">According to <b>Paul Hoffman of BestBrokers.com</b>, "despite
a slight decrease in mortgage rates before the end of 2023, prices remain
painfully elevated and a limited housing inventory is still failing to keep up
with the high demand.<o:p></o:p></span></span></p><p style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; orphans: 2; outline: none !important; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="color: black; font-size: 16pt;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhunDgl5gqIsRMsf0V6VW5TZZvo5FmWlNfDlaGTVu9Ns6gAmA1i7r9Z9WT_Mllv1KRwb2HgzLDgFQIWURRh3APV2-9RqdSbfa10C060c2ljiV3EPlBvrShut3UsEuZnmPPkyEAu8TkH4aurVnMUUX4qd1wEUCvQBFoI1R5qqV8HmVM-_njO0834u-lBEjxx/s294/affordable%20housing%20%239.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="171" data-original-width="294" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhunDgl5gqIsRMsf0V6VW5TZZvo5FmWlNfDlaGTVu9Ns6gAmA1i7r9Z9WT_Mllv1KRwb2HgzLDgFQIWURRh3APV2-9RqdSbfa10C060c2ljiV3EPlBvrShut3UsEuZnmPPkyEAu8TkH4aurVnMUUX4qd1wEUCvQBFoI1R5qqV8HmVM-_njO0834u-lBEjxx/w640-h372/affordable%20housing%20%239.jpg" width="640" /></a></div><span style="font-family: arial; font-size: 16pt;"><p style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; orphans: 2; outline: none !important; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: arial; font-size: 16pt;"><br /></span></p>"Eager to discover how prices vary by
state and where prospective buyers can find affordable housing options, our
team at </span><a href="https://www.bestbrokers.com/" rel="nofollow noopener noreferrer" style="font-family: arial; font-size: 16pt; outline: none !important;" target="_blank"><span style="color: black;">BestBrokers</span></a><span style="font-family: arial; font-size: 16pt;"> meticulously analyzed U.S.
housing market data as of 2023, provided by </span><span style="background: white; font-family: arial; font-size: 16pt;">Redfin</span><span style="font-family: arial; font-size: 16pt;">
of Seattle, WA.</span><p></p>
<p style="margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="color: black; font-size: 16pt;"><span style="font-family: arial;">"We
correlated the median home prices in every state with the most recent official
per capita income figures. Then, we ranked the states based on how many years'
worth of annual income it would take the average American to buy a home.<o:p></o:p></span></span></p><p style="margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="color: black; font-size: 16pt;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgW6s_2eeyR5H7l3fnnJaoPlluYGWfLRD1Wsrut_CeGPDG3anylkvZTvaqJuXxIk9r7YgLnh_lZe-tqghaRU_FeKxG7SekhnNzLjmbMOR_lQ1m5IzfGj6Hnb8OsdhJSnVboB6_kTXw2LkPHePrNgcccDOzyErad2OKrz33LQbvqnY3qLXC_tcduMnOwogza/s294/affordable%20housing%20%2310.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="171" data-original-width="294" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgW6s_2eeyR5H7l3fnnJaoPlluYGWfLRD1Wsrut_CeGPDG3anylkvZTvaqJuXxIk9r7YgLnh_lZe-tqghaRU_FeKxG7SekhnNzLjmbMOR_lQ1m5IzfGj6Hnb8OsdhJSnVboB6_kTXw2LkPHePrNgcccDOzyErad2OKrz33LQbvqnY3qLXC_tcduMnOwogza/w640-h372/affordable%20housing%20%2310.jpg" width="640" /></a></div><span style="font-family: arial; font-size: 16pt;"><p style="margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: arial; font-size: 16pt;"><br /></span></p>"According to our findings, the median U.S. home price
reached $408,428 last year, while the income per capita stood at $68,786 as of
the third quarter.</span><p></p>
<p style="margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="color: black; font-size: 16pt;"><span style="font-family: arial;">"This
equates to the median house costing about six times more than the average
salary nationwide<b>. Hawaii leads the way as the worst state for home
affordability</b>, with homes costing 11 times the median annual income,
whereas <b>North Dakota emerges as the most affordable state</b> for homebuyers
as homes there are barely 3 times the personal income per year.<o:p></o:p></span></span></p><p style="margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="color: black; font-size: 16pt;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7iD61bae6Bor67D5uv4wNQWnHPZHV-H8RY0lLzYKBeWB0RZ6p4vNXHKk2HrUd0csZE4tdjvTruxfumCiB_xkal9w_KHDPdL9ptAk2QhR_OercDFaG-yLlNWFonpzIHhquErL_1wNODQj_WcfAMcnGibmO6T0wq58274rqDTdQaAdZExCU0HmDZluPtB8m/s742/Hwaii%20shoreline.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="429" data-original-width="742" height="370" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7iD61bae6Bor67D5uv4wNQWnHPZHV-H8RY0lLzYKBeWB0RZ6p4vNXHKk2HrUd0csZE4tdjvTruxfumCiB_xkal9w_KHDPdL9ptAk2QhR_OercDFaG-yLlNWFonpzIHhquErL_1wNODQj_WcfAMcnGibmO6T0wq58274rqDTdQaAdZExCU0HmDZluPtB8m/w640-h370/Hwaii%20shoreline.jpg" width="640" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="font-family: arial; font-size: medium;"><b>Hawaii shoreline</b></span></td></tr></tbody></table></span><strong style="font-family: arial;"><u><span style="font-size: 16pt;"><br /></span></u></strong></p><p style="margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><strong style="font-family: arial;"><u><span style="font-size: 16pt;">Key
takeaways from our report:</span></u></strong></p>
<p class="MsoNormal" style="margin-bottom: 6.25pt; margin-left: 0in; mso-list: l1 level1 lfo6; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -.25in;"><!--[if !supportLists]--><span style="font-family: arial;"><span style="color: black; font-size: 10pt;">·<span style="font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;">
</span></span><!--[endif]--><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;">Residents of <b>North Dakota</b>, the most affordable U.S. state,
cover 27.85% of what they would need to pay for a home each year. As a result,
they must save about 3 years and 7 months' worth of their salaries
($73,090/year) to cover the median price of a home ($262,465);<o:p></o:p></span></span></p>
<p class="MsoNormal" style="margin-bottom: 6.25pt; margin-left: 0in; mso-list: l1 level1 lfo6; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -.25in;"><!--[if !supportLists]--><span style="font-family: arial;"><span style="color: black; font-size: 10pt;">·<span style="font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;">
</span></span><!--[endif]--><b><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;">Hawaii,</span></b><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;"> the least affordable state for homebuyers, features a per
capita income of $65,725, which constitutes solely 9.23% of the median home’s
price ($712,100). Put simply, people need to set aside almost 11</span></span><span style="font-family: arial; font-size: 21.3333px;">years’ worth of earnings to afford a home;</span></p><p class="MsoNormal" style="margin-bottom: 6.25pt; margin-left: 0in; mso-list: l1 level1 lfo6; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -.25in;"><span style="font-family: arial;"><span style="font-size: 21.3333px;"><br /></span><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;"><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto;"><tbody><tr><td style="text-align: center;"><img border="0" data-original-height="339" data-original-width="453" height="478" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqFdiPURcaGvedy6I4GoYDUssGrUvouEJgXenpqin9Y1MBdrn-C3oEOYIm0grNmWamqem9YTylWez2G8L-gEqgM_8rkz5T-AqYAv0XPA1rFulWTQ_yUYRIFvFRJ9c7MZ2VouCpvtEN9izpFfEoPn_ReqMMGYMxIDM73bvHL7ikD5j8XTY29lG9RNmdTwGV/w640-h478/North%20Dakota%20apartments.jpg" style="margin-left: auto; margin-right: auto;" width="640" /></td></tr><tr><td class="tr-caption" style="text-align: center;"><b>North Dakota apartments</b></td></tr></tbody></table><br /></span></span><span style="font-family: arial; font-size: 10pt; text-indent: -0.25in;">·<span style="font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;">
</span></span><b style="font-family: arial; text-indent: -0.25in;"><span style="font-size: 16pt;">Florida</span></b><span style="font-family: arial; font-size: 16pt; text-indent: -0.25in;"> recorded the highest number of homes sold last year
(379,355) and holds the top position when we consider the home sales per 1000
people ratio (16.78);</span></p>
<p class="MsoNormal" style="margin-bottom: 6.25pt; margin-left: 0in; mso-list: l1 level1 lfo6; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -.25in;"><!--[if !supportLists]--><span style="font-family: arial;"><span style="color: black; font-size: 10pt;">·<span style="font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;">
</span></span><!--[endif]--><b><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;">West Virginia</span></b><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;"> bottoms the ranking when we examine the
same ratio (2.44), while North Dakota, despite being the most affordable state,
recorded the lowest number of home sales in 2023 (3,125);<o:p></o:p></span></span></p>
<p class="MsoNormal" style="margin-bottom: 6.25pt; margin-left: 0in; mso-list: l1 level1 lfo6; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -.25in;"><!--[if !supportLists]--><span style="font-family: arial;"><span style="color: black; font-size: 10pt;">·<span style="font-size: 7pt; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal;">
</span></span><!--[endif]--></span><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;"><span style="font-family: arial;">"Living on the coast tends to be more expensive than inland
areas due to higher prices of goods and services as well as elevated taxes and
insurance costs.</span><o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom: 6.25pt; margin-left: 0in; mso-list: l1 level1 lfo6; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -.25in;"><span style="color: black; font-size: 16.0pt; mso-bidi-font-size: 9.5pt;"><br /></span></p>
<p style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; margin-bottom: 9.4pt; margin-left: 0in; margin-right: 0in; margin-top: 0in; orphans: 2; outline: none !important; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><b><u><span style="color: black; font-family: Arial;"><span style="font-size: large;">CONTACT:<o:p></o:p></span></span></u></b></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-size: large;"><b><span style="color: black; font-family: Arial;">Paul Hoffman </span></b><span style="color: black; font-family: Arial;"><o:p></o:p></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: black; font-family: Arial;"><span style="font-size: large;"><span style="mso-spacerun: yes;"> </span>BestBrokers.com<o:p></o:p></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="background: white; color: black; font-family: "Segoe UI";"><span style="font-size: large;">research@bestbrokers.com</span></span><span style="color: black; font-family: Arial; font-size: 20.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></p>
</form><div class="blogger-post-footer">All real estate-related news releases and photos will be
considered but may be edited for length.</div>Alexhttp://www.blogger.com/profile/02347685947299910563noreply@blogger.com0tag:blogger.com,1999:blog-4027780289598480645.post-44268611269614959422024-03-10T15:52:00.000-07:002024-03-10T15:52:11.650-07:00Peak Development Partners and Hungry Investments acquire 5.5-acre development site in Chandler, AZ<p style="text-align: justify;"> </p><form><table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSnTB3a_RTJNVKMz5VqIxV8Mw2B1R-ydz_Jx8IlfbavO24dwibdi7NqW8c_KRbrnRmQAyPu1RKN23im7ymKvcw1idKHKkN89eqQoI9DjnO-zBzC5_OPnjAgVvx_MFFgEHuvHxM-mUL2YpvI-vz3yJsF4eeIOuB1CQkzaJIV1CyU_4SHN6fuyNRAc5m_JDY/s384/Kristian%20Cotta.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto; text-align: justify;"><img border="0" data-original-height="384" data-original-width="268" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSnTB3a_RTJNVKMz5VqIxV8Mw2B1R-ydz_Jx8IlfbavO24dwibdi7NqW8c_KRbrnRmQAyPu1RKN23im7ymKvcw1idKHKkN89eqQoI9DjnO-zBzC5_OPnjAgVvx_MFFgEHuvHxM-mUL2YpvI-vz3yJsF4eeIOuB1CQkzaJIV1CyU_4SHN6fuyNRAc5m_JDY/w279-h400/Kristian%20Cotta.jpg" width="279" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Kristian Cotta</b><span style="background-color: white; color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;"> <br /><br /></span></td></tr></tbody></table><p class="yiv0417094036msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important; text-align: justify;"><b style="outline: none !important; text-align: left;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">PHOENIX, AZ </span></span></b><span style="color: #1d2228; font-family: Arial; font-size: 16pt; text-align: left;">—Peak
Development Partners, a high profile commercial real estate development firm,
along with <b>Kristian Cotta</b> of Hungry have acquired a 5.5-acre parcel of
land located at the corner of Chandler Boulevard and Cooper Road in Chandler,
Arizona from NGAI Family Trust.</span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; text-align: justify;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> The price was not disclosed.<o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">
Peak Development Partners and Hungry Investments will break ground in the
fourth quarter of 2024 on multiple retail pads on the property. These
pads are scheduled to be open by Q1 2025. <b>Brian Gast</b> of Velocity
Retail Group is handling leasing of the pads.</span><o:p></o:p></span></p><p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRVFTwyr29yC3LY4Bd5dmrE3qwKn30Q7WmLdbaI6yl1cF74wDKSP2oyj9bk00Izcxt3Zmrp3E7OUHqQSuqPjYw5LVPYS9_E0brsDmkmVUA7Lhn4SvSG-BThmi46jVMg3iw7KWIMcHsShQK5_cMAFEfAno_appPl2tIUT6IgZI5NFRs7XPhmQXqGHs5XGiD/s312/Brian%20Gast%20USE.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="312" data-original-width="228" height="312" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRVFTwyr29yC3LY4Bd5dmrE3qwKn30Q7WmLdbaI6yl1cF74wDKSP2oyj9bk00Izcxt3Zmrp3E7OUHqQSuqPjYw5LVPYS9_E0brsDmkmVUA7Lhn4SvSG-BThmi46jVMg3iw7KWIMcHsShQK5_cMAFEfAno_appPl2tIUT6IgZI5NFRs7XPhmQXqGHs5XGiD/s1600/Brian%20Gast%20USE.jpg" width="228" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><span style="color: #1d2228; font-size: 21.3333px; text-align: left;">. </span><b style="color: #1d2228; font-size: 21.3333px; text-align: left;">Brian Gast</b><span style="color: #1d2228; font-size: 21.3333px; text-align: left;"> </span></td></tr></tbody></table><br /><!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">
“This property has a strong demographics with nearby complementary retail as
well as housing, schools and parks,” said <b>Garrett Johnson</b>, Managing
Partner, Peak Development Partners. “We are actively looking to acquire land to
develop much needed retail and restaurant space in supply constrained markets
throughout the United States.”</span><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">
This corner parcel is ideally located in a dense and affluent area with an
average household income exceeding $135,000. It is also
across the street from a Walmart Neighborhood Market Center and just minutes
from the Loop 202 full diamond interchange, providing convenient access to
neighboring communities.</span><o:p></o:p></span></p><p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimbTQeyyb5wpyjGFeSfJjYtG4HjzpC5L6hNXZ2hO05xYypp_9yODvjRiewR9JnABIUn1fRpzOOBpJWeb-YhjoHPdnWLyyxo5WMPvvyk3nX2s0mBnt4oYt8NhGWzf48SolukEHMR20cFQUOiVuzfio1etqAt43MRbpr3ffNz8loJKYpGg0IuM67ZBexTdSd/s304/Garrett%20Johnson%20USE.jpg" imageanchor="1" style="clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="304" data-original-width="207" height="304" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimbTQeyyb5wpyjGFeSfJjYtG4HjzpC5L6hNXZ2hO05xYypp_9yODvjRiewR9JnABIUn1fRpzOOBpJWeb-YhjoHPdnWLyyxo5WMPvvyk3nX2s0mBnt4oYt8NhGWzf48SolukEHMR20cFQUOiVuzfio1etqAt43MRbpr3ffNz8loJKYpGg0IuM67ZBexTdSd/s1600/Garrett%20Johnson%20USE.jpg" width="207" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="color: #1d2228; font-family: Arial; font-size: 21.3333px; text-align: left;">Garrett Johnson</b></td></tr></tbody></table><span style="outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></span></b></span></span></p><p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> </span></span></b></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><span style="outline: none !important;">Peak
Development Partners was represented by</span> </span><b><span style="outline: none !important;"><span style="outline: none !important;">Phil
Bramsen</span></span></b> of SanTan Commercial Advisors. The seller, NGAI Family Trust,
was represented by <b>Mike Sutton</b> of Lee & Associates.</span></span></p><p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><o:p></o:p></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><b style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">Peak Development Partners</span></span></b></span><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><o:p></o:p></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; outline: none !important; text-indent: 0.5in;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;">Peak Development Partners is a Dallas,
Texas-based commercial real estate development firm that specializes single
tenant and multi-acre retail properties throughout the United States.<o:p></o:p></span></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: .5in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: .5in;"><table cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody><tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1BIEP64iaHZZhc5IQDPR4s0k86zK2xephHy_IlMnRaK2dqm9iVTyJqzYyQZStU6k-KaBe7qcdvl-KtcvYRLj6k2LH18aFhgC3QihR5wn2052j02Q6Uxp4oYIjrinbdPJEXkbkrV0h7HeaaF3NxnxWTdctfYvbJc7mS1j-Yc0ELzd_QeHnqc084JFVF1c-/s316/Phil%20Bramsen.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" data-original-height="316" data-original-width="216" height="316" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1BIEP64iaHZZhc5IQDPR4s0k86zK2xephHy_IlMnRaK2dqm9iVTyJqzYyQZStU6k-KaBe7qcdvl-KtcvYRLj6k2LH18aFhgC3QihR5wn2052j02Q6Uxp4oYIjrinbdPJEXkbkrV0h7HeaaF3NxnxWTdctfYvbJc7mS1j-Yc0ELzd_QeHnqc084JFVF1c-/s1600/Phil%20Bramsen.jpg" width="216" /></a></td></tr><tr><td class="tr-caption" style="text-align: center;"><b style="text-align: left;"><span style="font-family: arial;">Phil Bramsen</span></b></td></tr></tbody></table><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"> It’s founders <b>Garrett Johnson, Ben Paige
and Clint Anderson,</b> have a combined 37 years of experience developing
retail properties valued at over $250 million. </span><o:p></o:p></p><p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: .5in;"><span style="color: #1d2228; font-family: Arial; font-size: 16.0pt; mso-bidi-font-size: 8.0pt;"><br /></span></p><p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin-bottom: .0001pt; margin: 0in; text-indent: .5in;"></p><p class="yiv0417094036msonormal" style="background: white; line-height: 22.55pt; margin: 0in 0in 0.0001pt; text-indent: 0px;"><span style="text-indent: 0.5in;"><span style="font-weight: bold;"><span style="font-size: large;"><u>Contact:</u></span></span></span></p><span style="font-size: large;"><span style="outline: none !important;">
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="font-family: Arial;"> <b>David
Ebeling</b></span><span style="outline: none !important;"><span style="outline: none !important;"><b><span style="color: #1d2228; font-family: Arial;"></span><o:p></o:p></b></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="font-family: Arial;"> Ebeling Communications</span></span></span><span style="color: #1d2228; font-family: Arial;"><o:p></o:p></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin: 0in 0in 0.0001pt; outline: none !important;"><span style="outline: none !important;"><span style="outline: none !important;"><span style="font-family: Arial;"> (949) 278-7851</span><o:p></o:p></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial;"><a href="mailto:david@ebelingcomm.com" target="_blank"><span style="outline: none !important;"><span style="outline: none !important;"><span style="color: black;">david@ebelingcomm.com</span></span></span><span style="outline: none !important;"><span style="color: #1d2228; text-decoration-line: none;"></span></span></a><span style="outline: none !important;"><o:p></o:p></span></span><span style="outline: none !important;"></span></p>
</span>
</span><p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial;"><span style="font-size: large;"><!--[if !supportEmptyParas]--> <!--[endif]--><o:p></o:p></span></span></p>
<p class="yiv0417094036msonormal" style="background: white; margin-bottom: .0001pt; margin: 0in;"><span style="color: #1d2228; font-family: Arial;"><span style="font-size: large;"><a href="http://www.peak-dp.com/" target="_blank"><span style="outline: none !important;"><span style="color: #467886;">www.peak-dp.com</span></span></a><span style="outline: none !important;"></span><o:p></o:p></span></span></p>
<span style="outline: none !important;"><span style="font-size: large;">
</span><p class="MsoNormal"><!--[if !supportEmptyParas]--><span style="font-size: large;"> </span><!--[endif]--><span style="font-size: 16pt;"><o:p></o:p></span></p></span></form><div class="blogger-post-footer">All real estate-related news releases and photos will be
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