Groundbreaking Event for Windsor Estates Kicks Off New Medical Corridor in Country Club Hills, IL

  

MACK Construction held a groundbreaking event for Windsor Estates, a 200-bed skilled-nursing facility in Country Club Hills, Ill., which was attended by Mayor Dwight W. Welch and MACK COO Jim McClelland, among others. 

CHICAGO, IL – Tinley Park, Ill.-based MACK Construction announced the firm held a groundbreaking event for Windsor Estates, a 200-bed skilled-nursing facility to be built at 18300 South Lavergne Avenue in Country Club Hills, Ill.

The new long-term care facility is expected to be delivered in summer of 2015 and will be occupied by McAllister Nursing & Rehab,  which provides a complete range of rehabilitation treatment including physical, occupational and speech therapy.

The event, held on April 24, 2014, was attended by 75 construction partners, local dignitaries and community stakeholders.

  

“We’re thrilled to bring much-needed long-term care to our community,” said Mayor Dwight W. Welch, the city of Country Club Hills. 

“This facility alone will add 120 jobs to Country Club Hills, and is the first of four new buildings being considered for the site, demonstrating our city’s stability, growth and vision for the future.”

 Planning for the subsequent buildings is underway, which may include a care-giver training school also to be operated by McAllister.

  

Jim McClelland, chief operating officer of MACK Companies, the parent company of MACK Construction, noted, “MACK is very active in Country Club Hills, having bought, redeveloped and managed more than 100 homes in the area over the past five years, so we’re proud to have an opportunity to further strengthen the community with Windsor Estates.” MACK Construction is the general contractor on the project, with Harley Ellis Devereaux serving as lead architect.

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

Julie Liedtke, jliedtke@taylorjohnson.com, 312-267-4521

Kim Manning, kmanning@taylorjohnson.com, 312-267-4527

Alan Baer Joins Richfield Hospitality As Chief Financial Officer

Alan Baer

 DENVER, CO —Richfield Hospitality, a leading hotel management company, today announced that Alan Baer has been named chief financial officer, responsible for directing the day-to-day operational finance activities of the company’s hotel portfolio.

Baer joins Richfield from HRI Lodging where he served as senior vice president finance and  chief financial officer for MetWest Terra Hospitality.

“Alan has a successful track record of financial leadership, and we look forward to him joining us in this critical role,” said Will Loughran, senior vice president sales and revenue strategy. 

 “With significant experience, Alan will play an instrumental role in leading Richfield as it transforms the financial disciplines to provide owners and other stakeholders with the superior operating results they've come to expect.” 

A hospitality industry veteran, Baer spent a significant portion of his career with Kimpton Hotels overseeing accounting, finance, technology, treasury and risk management.  

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

Lauralee Dobbins or Chris Daly

Daly Gray Public Relations

(703) 435-6293

Lauralee@dalygray.com

Crossman’s Tracy Worrell Cited as One of Real Estate Forum’s Tomorrow’s Retail Leaders

Tracy Worrell

 ORLANDO, FL -- Who: Tracy Worrell, Senior Leasing Associate for Crossman & Company has been nominated and awarded as one of Real Estate Forum’s Tomorrow’s Retail Leaders.

What: Real Estate Forum’s: Tomorrow’s Leaders, profiles the best and brightest young professionals who are on the track to leadership positions in the next phase of retail in Commercial Real Estate business.

Why:  Tracy has shown her leadership skills through previous deals and community service, as well as with her co-workers and clients.

 To date, Tracy has received several awards including NAIOP’s Rookie of the Year – 3rd Place in 2012, Co-Star Power Broker, 2011, 2012, 2013 and the CFCAR Circle of Achievement 2011.

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

Claire Pagán

Phone  407.581.6223 |

Email  cpagan@crossmanco.com

Lido Marina Village, Lido Isle, Newport Beach, CA

Linda Berman

LOS ANGELES, Ca – Commercial real estate investment banking firm George Smith Partners has successfully arranged $51.4 million in bridge financing on behalf of its client, Lido Retail Group, an affiliate of DJM Capital Partners, for the complete renovation of the Lido Marina Village, a 123,391 sf multi-block, mixed use property on Lido Isle in Newport Beach, Calif., according to George Smith Partners’ Principal Steve Bram and Senior Vice President David Pascale.

The property consists of retail, restaurant and office space in 14 separate structures including prime waterfront boutique and dining space featuring spectacular harbor views, along with 47 boat docks and charming common areas for strolling, shopping and outdoor entertainment.   The property stretches from the waterfront, across a public street and walkway and includes street front retail and a small multi-tenant office building. DJM’s renovation will create an integrated village feel across the entire project.  

Heather Hollister

Eric Sahn, CFO of DJM Capital Partners, noted that these property attributes were a major factor in the decision to acquire the asset.  “What attracted us to this investment was the physical property itself and the incredible location on Newport Harbor,” he said. 

“These unique older buildings, in good condition, with desirable, spacious floor plans will serve as the foundation for a great new project.”

 Linda Berman, DJM’s SVP of Corporate Strategy is overseeing the rebranding of the property.   She was previously VP of Corporate Brand Strategy for Caruso Affiliated, working on the Grove, The Americana at Brand and other specialty projects within the Caruso portfolio.

Leasing will be overseen by Heather Hollister, SVP of Leasing for DJM.  Previously with The Irvine Company, she managed leasing for several properties, including Irvine Spectrum and Fashion Island.

Employing a highly selective, curated approach to Lido’s merchandising strategy, numerous high-end specialty restaurants and boutiques have already expressed interest in Lido Marina Village’s unique location and opportunity.

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

Corynne Randel/ Jenn Quader

Brower, Miller & Cole

(949) 955-7940

Crandel@browermillercole.com