Annaly Capital Management, Inc. Announces Conversion Rate Adjustment for 4.00% Convertible Senior Notes Due 2015

NEW YORK--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”)  announced an adjustment to the conversion rate for 4.00% Convertible Senior Notes Due 2015 (the "Notes").

The adjustment to the conversion rate for the Notes is being made pursuant to the governing indenture for the Notes in light of the Company's previously announced first quarter 2013 common stock cash dividend of $0.45 per common share.

The new conversion price for the Notes is $13.7440 per common share, effective March 27, 2013. The conversion price for the Notes was previously $14.1447 per common share.

The new conversion rate for each $1,000 principal amount of Notes is 72.7592 of the Company’s common shares. The conversion rate for each $1,000 principal amount of Notes was previously 70.6980 of the Company’s common shares.

Notice of the conversion rate adjustment was delivered to security holders and Wells Fargo Bank, National Association, the trustee, in accordance with the terms of the governing indenture for the Notes.

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

Annaly Capital Management, Inc.

Investor Relations, 888-8Annaly

www.annaly.com

Berger Commercial Realty Announces Three New Leases from Greg Milopoulos

  

Greg Milopoulos

FORT LAUDERDALE, FL - Berger Commercial Realty, a full service commercial real estate firm based in Fort Lauderdale and serving clients around the state, announces three new lease transactions from Broker Associate Greg Milopoulos. They are:

 Lyons Business Park, 6601 N. Lyons Road, Coconut Creek, FL 33073. Landlord: Lyons Corporate Park LLLP/ Tenant: Nutrafuels, Inc. Lease: 3 Years/ Square Footage: 6,400. Type: Warehouse

 1201 S.W. 4th Avenue, Dania Beach, FL 33304. Landlord: G&H Properties. Tenant: Vintage Marble, LLC. Lease: 5 years. Square Footage: 5,200. Type: Warehouse

Keith Graves

Powerline Business Park, 4100 N. Powerline Road, Coconut Creek, FL 33073

Landlord: Industrial Development Co. LLP. Tenant: Alkali Scientific, LLC, represented by Milopoulos and Keith Graves of Berger Commercial Realty

Lease: 3 years. Square Footage: 4,000. Type: Warehouse

Contact:

Marielle Sologuren

Pierson Grant Public Relations

msologuren@piersongrant.com

(954) 776-1999, ext. 226

Hendricks-Berkadia Negotiates $62 million sale for 1,300 Units at three apartment properties in Bradenton, FL and Orlando, FL

  

Cole Whitaker

 ORLANDO, FL--- Hendricks-Berkadia Real Estate Advisors, which ranks as one of the leading multi-family investment banking and research companies in the nation, recently negotiated the sale of three apartment properties in Bradenton and Orlando that total some 1,130 units and valued at close to $62 million.

Cole Whitaker, partner who heads the Southeast Division of Hendricks-Berkadia, negotiated all three transactions with associate partner Hal Warren. The three sales brought $61,780,000.

Hal Warren

 Hendricks-Berkadia represented the seller in all three transactions.

Whitaker and Warren negotiated the sale of Braden Lakes Apartment Homes on 50th Avenue West in Bradenton for $14,280,000 representing seller Situs, LLC.  Lexsignia LLC acquired the property comprising 264 units in 16 two-story garden style buildings and a clubhouse.

Whitaker and Warren represented Situs, LLC in a second sale of The Cornerstone Apartments with 430 units on S. Conway Rd. in Orlando for $23 million.  Robbins Property Associates LLC, acquired the property with a total of 317,190 rentable square feet on 27 acres.

Park Baldwin Apartments, Orlando, FL

Whitaker and Warren negotiated the $24,500,000 sale of Park Baldwin Palms at 2250 N. Semoran Blvd. in Orlando representing seller Everglades Partners, LLC.  Covenant Capital Group, LLC acquired the property with 436 apartments situated in 38 two-story garden-style buildings on 21.8 acres.

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

Cole Whitaker, Southeast Partner, Hendricks-Berkadia, 407-218-8880, cwhitaker@hpapts.com;

Hal Warren, Associate Partner, Hendricks-Berkadia 407-218-8881 hwarren@HPAPTS.com;  

Jason T. Stanton CCIM, Senior Investment Advisor, Hendricks-Berkadia Direct: 727-674-4097; jstanton@hpapts.com

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644 4142 Lvershelco@aol.com

DiMucci raising roof for new headquarters facility on Dunlawton Blvd in Daytona Beach Shores, FL

Daytona Beach Shores, FL  --- The DiMucci Companies, which is completing its new million dollar plus headquarters facility on Dunlawton Blvd. in Daytona Beach Shores, is completing construction of the roof on the 3,500 square foot building.

Anthony DiMucci, who heads the DiMucci Companies, said the two-story facility will open in about 30 days. 

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

 Tony DiMucci or Corinne LeClaire, DiMucci Companies 386-322-2000

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644 4142 Lvershelco@aol.com

Grand Opening held for Marketplace in Delray Beach, FL; Cuhaci & Peterson completes design work

Lonnie Peterson

ORLANDO, FL --- Cuhaci & Peterson Architects Engineers Planners based in Orlando’s Baldwin Park, completed design work on major projects at the Marketplace in Delray Beach.

Lonnie Peterson, chairman of Cuhaci & Peterson, said the firm completed design work on a 45,000 square foot Publix supermarket and 154,147 square feet of retail shops at the center located at the corner of Atlantic Avenue and Lyons Road in Delray Beach.

Marketplace at Delray Beach, FL

A grand opening at the plaza was held recently and Publix is now open.

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

 Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100;  

Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100;  

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644 4142 Lvershelco@aol.com

NAI Realvest Negotiates New Industrial Lease of 25,260 SF for New York-based firm at Southridge Industrial Park in Orlando, FL

Michael Heidrich Sr. 

ORLANDO, FL – NAI Realvest recently negotiated a new lease agreement for 25,260 square feet of warehouse space at the Southridge Industrial Park, 9401 Southridge Park Court in Orlando.

 Michael Heidrich Sr., a principal at the firm, and associate Michael Heidrich, Jr., negotiated the transaction representing the tenant, Rent-A-PC, Inc., of Hauppague, N.Y.

Michael Heidrich Jr.

 Local landlord EastGroup Properties, LP was represented in the transaction by Mike Borling.

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

Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com; Michael Heidrich, Jr. Associate, NAI Realvest 407-875-9989 mheidrichjr@realvest.com

Robin L. Webb, CCIM, CHA, CHB, CRB, CPM, MRICS, Managing Director, NAI Realvest, 407-875-9989 Rwebb@realvest.com

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

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644 4142 Lvershelco@aol.com

Stonegate Golf Club Promotes Claude Eastwood To Head Golf Professional; Kurt Frizzell Moves Up as First Assistant Golf Professional

Claude Eastwood

Kissimmee, FL – Stonegate Golf Club at Solivita in Poinciana, a Celebration Golf Management golfing facility, has promoted Claude Eastwood to head golf professional and Kurt Frizzell to first assistant golf professional.

Arto Rahmani, general manager of Solivita Club Services, said Eastwood joined Stonegate Golf Club at Solivita six years ago and was formerly assistant golf professional.   He is a U.S. Army veteran and has more than 10 years of experience in the golf industry.

Kurt Frizzell

“Claude Eastwood has been a key part of our team since Celebration Golf Management took over management of Stonegate Golf Club in late 2011,” said Gene Garrote, president of Celebration Golf Management.  “He has been an influential leader at Stonegate and his professional attitude has affected our whole management team,” Garrote added.  

Frizzell joined Stonegate in Spring 2012 after graduating from the Professional Golf Career College in Orlando.  In his new role Frizzell will focus on restructuring and improving Stonegate Golf Club’s outside service team. 

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

Arto Rahmani, General Manager, Solivita Club Services LLC, 407-566-1045 x4620 arahmani@cgmgolfproperties.com

  Gene Garrote, President, Celebration Golf Management, 407-566-4653 x 4601;  

 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644 4142 Lvershelco@aol.com