Berger Commercial Realty Corp. Awarded Exclusive Lease Listing in Sunrise, FL

FORT LAUDERDALE, Fla. –Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, and serving clients around the state, has been awarded an exclusive lease listing, announced Vice President Joseph Byrnes (top right photo).

 Byrnes is representing 1351 Sawgrass Corporate Parkway in the lease of 35,050-square-feet of available office space.

 Byrnes currently represents more than 800,000 square feet of office, industrial and retail space. He is a retail real estate specialist in the capacity of landlord and tenant representation.

Contact: 

Marielle Sologuren

Pierson Grant Public Relations

(954) 776-1999, ext. 226

msologuren@piersongrant.com

Annaly Capital Management, Inc. Announces 1st Quarter 2012 Dividend of 55 Cents per Share

 NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) declared the first quarter 2012 common stock cash dividend of $0.55 per common share. This dividend is payable April 26, 2012, to common shareholders of record on March 30, 2012. The ex-dividend date is March 28, 2012.

The Company distributes dividends based on its current estimate of taxable earnings per common share, not GAAP earnings. Taxable and GAAP earnings will typically differ due to items such as unrealized and realized gains and losses, differences in premium amortization and discount accretion, and non-deductible general and administrative expenses.

For a complete copy of the company’s news release, please contact:

Annaly Capital Management, Inc.

Investor Relations,

1-888-8Annaly

http://www.annaly.com/

Marcus & Millichap Sells 43-Unit Apartment Portfolio in New Port Richey, FL

NEW PORT RICHEY, FL, March 21, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a 43-unit apartment portfolio located in New Port Richey, Florida, according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office.

The asset commanded a sales price of $1,175,000.

Michael P. Regan (middle right photo), vice president investments, Francesco P. Carriera (middle left photo), associate vice president investments and Nicholas Meoli, (lower right photo) investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a private investor. 

The buyer, a private investor, was also secured and represented by Michael Regan, Francesco Carriera and Nicholas Meoli.

This portfolio is located at 5528 Executive Drive and consists of three properties that are situated on approximately 2.35 acres of land.  The properties include ten, one- and two-story buildings.

“This was a unique opportunity for a buyer to capture a multifamily portfolio with significant upside through management, as well as net the seller a very competitive price” says Meoli. 

“We were able to command six written offers within 45 days through our customized marketing strategy. Ultimately, we negotiated an all-cash contract with five days due diligence and closed within 15 days from the effective date” adds Meoli.

Press Contact: Bryn D. Merrey, Vice President/Regional Manager, Tampa, (813) 387-4700

HFF Dallas hires Troy Manson as managing director to focus on student housing transactions

 DALLAS, TX – HFF announced today that Troy Manson (top right photo) has joined the firm as a managing director in its Dallas office.  Mr. Manson will work alongside managing director Brian Kelly (top left photo) in HFF’s Chicago office to handle student housing sales nationally.

Mr. Manson has more than nine years of experience in student housing investments and operations and has been involved in nearly $1 billion of student housing transactions. 

He joins HFF from Halyard Ventures, where he was the managing principal and founder.

 “Having producers in both Chicago and Dallas that focus solely on student housing will allow HFF to further penetrate into a marketplace that we believe has tremendous momentum and economic viability,” said Jody Thornton (middle right photo), executive managing director in HFF’s Dallas office.

“In 2011, HFF closed more than $756 million in investment sales, structured finance and debt financing in the student housing space, an impressive 347 percent increase over the prior year. 

"We are very excited to have Troy join our existing student housing team,” said Matthew Lawton (lower left photo), co-head of HFF’s national multi-housing group.

Contacts:                      

JOE B. THORNTON                                

HFF Executive Managing Director   

 (214) 265-0880                                     

jthornton@hfflp.com                          

MATTHEW D. LAWTON                       

HFF Executive Managing Director  

(312) 528-3650                                     

mlawton@hfflp.com                           

KRISTEN M. MURPHY

HFF Associate Director, Marketing

(713) 852-3500

krmurphy@hfflp.com

Interstate Hotels & Resorts Unveils New Logo and Website as Part of Global Rebranding Initiative

 ARLINGTON, Va., March 21, 2012—Interstate Hotels & Resorts (www.interstatehotels.com) has unveiled its new global corporate identity, logo and website.

 The new imaging was revealed internally to the Company’s 1,200 corporate and hotel leadership teams at its Global Leadership Conference last week.  The rebranding initiative was undertaken to better communicate the Company’s position as the only large-scale, U.S.-based hotel management company with a global footprint.

“The new Interstate Hotels & Resorts’ identity reflects and unites our global reach, strength, world-class operations and leadership position in the industry,” said Jim Abrahamson (middle right photo), Interstate’s chief executive officer.

  “We hold a unique position in our industry that separates us from our competitors.  The new logo graphically expresses our brand strategy, vision and mission to internal and external audiences and serves to integrate a consistent brand in all regions across the globe.”

Along with a new logo, Interstate has launched a new website, www.interstatehotels.com.

For more information, visit http://www.interstatehotels.com/.

Connect with Interstate at www.linkedin.com/company/interstate-hotels-&-resorts, 

 www.facebook.com/InterstateHotels, and 

 http://jobs.interstatehotels.com/.

Contact:

Chris Daly, Jerry Daly                                    

Media                                                             

Daly Gray, Inc.                                              

(703) 435-6293                                               

chris@dalygray.com                                      

NAI Realvest Negotiates Renewal Lease for long-time Tenant on Horatio Avenue in Maitland, FL

MAITLAND, Fla. --- NAI Realvest recently negotiated a long term renewal lease agreement for 1,067 square feet of office space at Suite 1, 541 E. Horatio Ave.  in Maitland.

 Senior Broker Associate Mary Frances West (top right photo) CCIM negotiated the transaction representing the landlord Dallas-based Horatio Florida Partners LLC. 

 The tenant Edward D. Jones and Company L.P. d/b/a Edward Jones has been located at this address for over 20 years and has renewed for an additional five years.

For more information, contact:

Mary Frances West CCIM, NAI Realvest, 407-875-9989 mwest@realvest.com;  or

Patrick Mahoney, President NAI Realvest, 407-875-9989 pmahoney@realvest.com;

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142