Thursday, December 19, 2024

Ware Malcomb Announces Construction Completion on FlexEtc Nashville Co-Warehousing Location

 

Rebecca Moore

NASHVILLE, Tenn. (December 19, 2024) – Ware Malcomb, an award-winning international design firm, is proud to announce that construction is complete on FlexEtc Nashville, an office/industrial co-warehousing location. Ware Malcomb provided interior design and branding services for the 91,380 square foot tenant improvement project, located just southeast of downtown Nashville at 1133 Polk Avenue. 

From content creation studios to warehousing and logistics, FlexEtc offers a collection of contemporary warehouse spaces for businesses of all sizes with seamlessly scalable solutions in a community-centered hub. The company currently offers locations in Los Angeles, Denver, Salt Lake City, Plano TX, in addition to its Nashville location.

 “Nashville presented an ideal location to realize FlexEtc’s innovative concept, and our team focused on incorporating our client’s extensive amenity program into the 7,000 square foot office component in keeping with its brand and established design language” said Rebecca Moore, Director, Interior Architecture & Design.

FlexEtc Nashville embraces the new trends of co-warehousing and coworking by offering a variety of shared features. Its front area office design incorporates both private and shared office spaces, a reception, conference room, lounge, break room and common areas, as well as a kitchen and coffee bar. The design further caters to creative professionals by offering a photo and podcast studio, as well as a dark room for photographers.

The warehouse interior is configured in modular units ranging from 300 to 2,300 square feet separated by prefabricated Janus walls. The warehouse features common loading docks, ramped drive-in doors, a forklift, pallet jacks, and push carts. There is also premium units that have private loading. 

Ware Malcomb’s design team incorporated some of the existing building features in the new space, including large metal doors that were part of a kiln used by a previous tenant, while as much of the pre-existing lighting was re-used where possible. The building has energy efficient LED lighting throughout, and EV charging stations were added to the exterior parking area.


Andrew Capeluto


“This project allowed us to push creative boundaries, crafting a visual identity and wayfinding system that celebrated the FlexEtc brand’s individuality while delivering clarity, consistency and a sense of place across all environments” said Andrew Capeluto, Studio Manager, Branding. 

 

DWC Construction handled general contracting services for the project and Colliers was the client manager

 

For more information about our Corporate Accounts program, visit our website.

 CONTACTS:

 Rachel Devany

VP Public Relations,

KCOMM for Ware Malcomb

 

Maria Rodgers,

 Director,

 PR & Communications

 949.660.9128

 mrodgers@waremalcomb.com

 

Sean Boswell, Public Relations Specialist

 949.788.4129

 sboswell@waremalcomb.com 

 

waremalcomb.com


Photos by Tonda McKay Photography

Max Benjamin Partners expands with new Miami, FL office led by Anastasia Vladislavova

  

Anastasia Vladislavova

MIAMI, FL,  Dec. 19, 2024Max Benjamin Partners (MBP), a leading boutique real estate investment bank headquartered in Beverly Hills, announces the opening of its new office in Miami, Florida.

 

 This strategic expansion signals the firm’s commitment to shaping the future of commercial real estate finance and positions MBP to attract top talent eager to revolutionize the industry.

 

MBP is actively hiring exceptional professionals in capital markets, real estate finance, technology, and client relations to join its growing team. MBP has facilitated over $4.5 billion in financing transactions, including senior debt, JV and Co-GP equity, construction, bridge, mezzanine, and preferred equity solutions.

 

The firm has supported clients across asset classes such as multifamily, student housing, senior housing, land, and retail throughout the United States.

The Miami office launch led by
Anastasia Vladislavova
follows MBP’s acquisition of StackSource, a cutting-edge tech-based brokerage platform. In a bold move, MBP transitioned StackSource into a SaaS platform, giving borrowers and brokers access to premier lender data, financing parameters, and actionable market insights.


Max B. Mellman

“With commercial real estate rapidly evolving, 2024 was a transformative year for Max Benjamin Partners,” said Max B. Mellman, Managing Partner of MBP. “The StackSource acquisition and our Miami expansion reflect our dedication to innovation, growth, and delivering unmatched value to clients. 

 

"This is more than an office opening – it’s an invitation for talented individuals to join our mission to redefine the real estate finance landscape.”

Mellman added, “As we enter 2025, MBP will continue pushing boundaries in creative financing solutions while building an exceptional team at both our Miami and Beverly Hills offices.”

 

Contact:      

 

David Ebeling

Ebeling Communications

(949) 278-7851

david@ebelingcomm.com

The Keyes Company’s Billy Nash and BH Forbes Global Properties’ Chiara Gennarelli Exclusively List Iconic Villa Gucci in Rome, Italy for $13.9 million Euros ($14.4 million U.S.)

Chiara Gennarelli 

MIAMI, FL and ROME, ITALY, Dec. 19, 2024 – Billy Nash of The Keyes Company, Florida’s largest independent real estate firm, and Chiara Gennarelli of BH Forbes Global Properties joined forces to obtain the exclusive listing for Villa Gucci in Rome, Italy.

 Nash and Gennarelli are marketing the extraordinary property on behalf of the Gucci family, with a new listing price of $13,900,000 Euros ($14.4 million U.S).


Billy Nash


Built in the 1950s by Aldo Gucci, the son of the iconic Gucci brand founder, just minutes from downtown Rome, Villa Gucci is a private compound that embodies the timeless charm of English elegance and Tuscan warmth. The villa was designed with characteristic bow windows and other typical decorative elements on the two facades of the house.

The combination of Italian and English architecture is elegantly refined and bright, with large windows overlooking the almost 5 acres of private gardens and grounds. The main villa’s ground floor features a large kitchen, a dining room, a hobby room with billiards and fireplace, a study and seven bedrooms, each with en-suite bathrooms.

Aldo Gucci

The custom new website displays, for buyers, visuals of the expansive floor plans reimagined and modernized, though still honoring the original homes opulence and room volume.

On the third floor, there is penthouse with access to the rooftop with a beautiful terrace. The villa’s priceless asset is the view of the Altar of the Fatherland rising in the center of Rome, visible in the distance, and views across the entire eternal city, a truly remarkable feature Aldo Gucci’s and the entire family cherished. 

“Villa Gucci represents not just a property, but a unique opportunity for a discerning international buyer to own a piece of heritage with a storied past in one of the world’s most enchanting cities,” said Nash.


Gucci property, Rome, Italy

The property is surrounded by a 10,000-square-meter private park, and behind a private gate, a winding driveway surrounded by towering trees and fountains leads to the main villa. Below the vast garden, with a separate entrance, is a second villa that is ripe for enhancement and can be reimagined to the new owner’s style and preference by local architects and interior designers on standby.

“Villa Gucci enjoys a rare balance of urban convenience and natural serenity,” said Gennarelli. “This is more than a location – it’s a lifestyle of timeless beauty and modern sophistication.”

Nash and Gennarelli were tapped to relaunch the marketing of Villa Gucci after previous attempts without exclusive representation were unsuccessful. Listing exclusivity is rare in Italy, as luxury sellers there typically opt to have numerous agents simultaneously market the same property.

The combination of a prolific U.S.-based power broker in Nash with an entrenched local luxury agent in Gennarelli and the global reach of the Forbes network appealed to the family.

Keyes, with affiliate brand Illustrated Properties, exclusively represents Forbes Global Properties throughout Florida’s prime luxury markets in Miami-Dade, Broward, Palm Beach, Martin, Volusia and Lee counties.


Michael Jalbert

“Forbes Global Properties is thrilled to represent the iconic Villa Gucci,” said Forbes Global Properties CEO Michael Jalbert. “The relaunch of this property is also a tremendous source of pride, as it exemplifies the international collaboration of Forbes Global Properties members Chiara Gennarelli of Building Heritage Italy and Billy Nash of The Keyes Company, which is central to our mission and ethos.”

When Nash is not setting sales records, he influences the industry through his weekly podcast and as a former television show host. The podcast, Luxury Real Estate with Billy Nash on Apple Podcasts and Spotify, was consistency ranked in the top 10 in the U.S. for luxury real estate programs.

Nash also hosted the third season of “Selling Mega Mansions” on AWE Network and has Season 1 of his new global luxury real estate travel docuseries in production - the eight episodes will premiere next summer. 

 

 

 CONTACT

Eric Kalis and Daniel Benjamin,

BoardroomPR

ekalis@boardroompr.com or dbenjamin@boardroompr.com

954-370-8999

 

Wednesday, December 18, 2024

Stream Realty Partners Expands Investment Sales Brokerage Business in Southern California's Multifamily Market with the Strategic Addition of Industry Leader Pat Swanson and His Team


Pat Swanson


  IRVINE, CA – Dec. 17, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, is expanding its Investment Sales brokerage business into the multifamily sector in Southern California. This strategic growth is led by the addition of 22-year industry professional

Marty Pupil

Pat Swanson, who joins Stream as Managing Director of Multifamily.


 Swanson brings a deep understanding of the Southern California multifamily market with over two decades of experience in investment sales and multifamily transactions.


 He will work closely with

Marty Pupil, Executive Managing Director and Partner of Stream’s Southern California office, to launch the company’s multifamily investment platform throughout the region.

 

"Stream Realty Partners continues to look for ways to grow our business and enhance the service we provide to the commercial real estate industry,” said Pupil.


Briana Cornell
 "Pat's leadership and extensive market knowledge will be instrumental as we expand our brand and presence across the Los Angeles basin and beyond. This growth into the multifamily sector is a significant step forward for our business as we aim to increase our service offerings and coverage in the market."


In addition to Swanson, Stream has welcomed Briana Cornell as Senior Marketing Manager, Michael Bouras as Senior Associate, and Aidan Jang as Analyst. As Stream’s multifamily investment brokerage team rapidly expands, additional team members are expected to join in the near future.

 

"Joining Stream is an exciting opportunity to bring fresh ideas to life in a company that truly values an entrepreneurial approach," said Swanson. "With the support and agility Stream offers, I’m looking forward to growing our multifamily investment brokerage business in Orange County and surrounding markets, delivering a higher level of service to our clients, and creating more opportunities in this dynamic marketplace."

 

 

Contact:

 www.streamrealty.com 

Stream Southern California 

949.203.3030

and follow Stream on LinkedIn, Instagram, X and Facebook.

 

Monday, December 16, 2024

Joint venture between Sagard Real Estate, Arrowmark Partners and Western National Group acquires 158-unit multifamily community in Riverside, CA

 

 Laura Khouri

RIVERSIDE, CA, Dec. 16, 2024 – Western National Group (WNG) has acquired  Vista Imperio, a 158-unit garden-style multifamily community built in 2005 located in Riverside, California.

 Vista Imperio was acquired in a joint venture partnership with Sagard Real Estate, ArrowMark Partners and WNG. The transaction was completed by Sagard Real Estate’s newest open-end fund in conjunction with ArrowMark Partners and WNG’s programmatic co-GP venture.


Michael K. Hayde

Located in the highly sought after Riverside enclave of Sycamore Canyon, Vista Imperio provides residents with access to top-rated schools, wilderness recreational parks, and quality retail.

 

 Vista Imperio is within a quarter mile of 12+ million square feet of class A industrial buildings, two miles from the University of California, Riverside, and uniquely situated between I-215, SR 91, and SR 60, allowing easy access to the Inland Empire’s major employers offering jobs in healthcare, education, financial services, and manufacturing.

 

Nominal new construction starts and absorption outpacing near-term deliveries coupled with 5-year population growth estimates of 4.0% (vs 2.8% nationally) and job growth outpacing the national average will maintain strong demand for quality multifamily communities. 


 John Maurer


 

“Acquiring Vista Imperio with a respected partner like Sagard represents an important milestone as the beginning of a strategic relationship to invest in markets that we believe will provide strong fundamentals for multifamily owners,” said Michael K. Hayde, CEO of Western National Group.

 

“This transaction is a testament to our firm’s ability to identify high-conviction opportunities at what we believe is an inflection point in the market to begin strategically acquiring high-quality multifamily communities for our portfolio.”


Vista Imperio pool at the 158-unit garden-style multifamily
community 
at 5880 Lochmoor Drive, built in 2005
and located in Riverside, CA


Vista Imperio offers a mix of one- and two-bedroom units, fifty percent of the units have direct-access garages while the remainder of the units have private garages, oversized patios, and a resort-style pool area. The investment allows for value-add opportunities to further the property’s desirability as best in the submarket with approximately one-third of the units with a classic finish and identified common area enhancements. 

 

“We’re pleased to begin building a portfolio of quality attainable apartment investments like Vista Imperio in markets we believe will outperform in the coming years, at what we predict to be bottom market pricing this cycle,” shared John Maurer, Senior Portfolio Manager and Head of Equity for Sagard Real Estate. “Late 2024 and 2025 appear to be attractive vintage years for new real estate investments.” 

 

The property will be managed by Western National Property Management (WNPM), a subsidiary of WNG specializing in multifamily communities and commercial properties across California and Nevada. With one-third of Vista Imperio’s units unrenovated, the community presents an opportunity for targeted improvements that will modernize and enhance its appeal to middle-income residents.

 

“Our mission is to create vibrant communities tailored to our residents’ needs, with the agility to adapt and improve in ways that positively impact both renters and owners,” said Laura Khouri, President of WNPM.

 

“In today’s sensitive multifamily landscape, we maintain a human-centric approach to management and remain committed to delivering exceptional services that exceed residents’ expectations and increase asset value for ownership.”


Contact:

 Vivian Lu

vliu@thesmartagency.com

https://www.vistaimperioapartments.com/.

 

$16.7 million refinancing secured by JLL Capital Markets for 100 Howe, located in the highly desirable Campus Commons submarket of Sacramento, CA

Olga Walsh

SAN FRANCISCO, Dec. 16, 2024 – JLL Capital Markets has secured a $16.7 million refinancing for 100 Howe, a premier 130,000-square-foot boutique office complex in Sacramento, California.

JLL worked on behalf of the borrower, a subsidiary of Fenway Capital Advisors, and secured the five-year, interest-only loan through the lender, Goldman Sachs.

100 Howe is strategically located between the Campus Commons, Highway 50 and Sierra Oaks office submarkets of Sacramento. The property’s prime location provides tenants with proximity to University Village, Howe Avenue and East and Midtown Sacramento, as well as convenient access to major freeways, public transportation and the American River Bike Trail.

Bharat Madan

Originally constructed in 1981 and comprehensively renovated in 2019, 100 Howe now stands as one of the most sought-after Class A office spaces in the area. 100 Howe offers an array of amenities designed to enhance the workplace experience.

These include shared outdoor spaces, on-site lounge space and conference center and ample parking. The property showcases modern, professional-finished and highly functional suite layouts. The two-building complex boasts a 95% occupancy rate, with a diverse tenant mix, including the State of California and Mutual of Omaha.

100 Howe, a premier 130,000-square-foot boutique
office complex in Sacramento, CA

The refinancing provides the borrower with additional runway, allowing for a strategic exit from the investment when market conditions are more favorable.

The JLL Capital Markets Debt Advisory team representing the borrower was led by Director Olga Walsh and Vice President Bharat Madan.

For more news, videos and research resources, please visit JLL’s newsroom. 

Contact:

  Kristen Murphy

 JLL Director

 Public Relations

Phone: +01 617 543 4873

Email: kristen.murphy@jll.com