Annaly Capital Management, Inc. Announces Resignation of Rose-Marie Lyght

Rose-Marie Lyght

NEW YORK, NY--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY) announced today that it has accepted the resignation of Rose-Marie Lyght, Chief Portfolio Officer of the company, effective February 15, 2015.

Annaly Co-founder, Chairman and Chief Executive Officer, Wellington Denahan said: “Rose has been a valuable partner in Annaly’s growth and development over the years.

“She has played a prominent role in helping to successfully manage the growth of our infrastructure, assets and business lines. We will miss her knowledge, judgment, thoughtfulness and devotion.”

Ms. Lyght remarked: “I am proud to have played an integral part in the growth of Annaly over the past 15 years, but now it’s time for me to spend more time with my family.

Wellington Denahan

“Working at Annaly has been an incredible experience and I am thankful to all the wonderful people I have had the privilege to work with over the years.”

The Board of Directors also thanks Ms. Lyght for all she has done for Annaly and wishes her all the best.

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

Annaly Capital Management, Inc.

Investor Relations, 1-888-8Annaly

www.annaly.com

SVN Crossroads Management Awarded 420,000 SF of Property Management Contracts in Fourth Quarter

Kirsten Bowersox

Schaumburg, IL  – Schaumburg-based SVN Crossroads Management, LLC has been awarded the property management contracts for 14 separate properties comprising 420,000 square feet of space in the fourth quarter, bringing the firm’s portfolio to more than 3 million square feet.

“We had a very busy year in 2014, increasing our portfolio by 30 percent,” said Kirsten Bowersox, chief operating officer for SVN Crossroads.

“The hard work from the team at Crossroads eclipsed our annual goals and this last batch of contracts contains properties in new markets for the firm, including Chicago’s hot West Loop area.

“ This amount of activity led to six new hires at Crossroads in 2014. With this momentum, 2015 is shaping up to be an even better year.”

Michael Nortman

Properties in the fourth quarter contracts include: 909 W. Washington Blvd. in Chicago, a 9,200-square-foot retail property with national tenants such as Chase, UPS and Dunkin’ Donuts; 4200 W. Diversey Ave. in Chicago, a 150,000-square-foot industrial flex building; 1110 Green St. in McHenry, Ill., a 52,000-square-foot mixed-use property with ground floor retail and 27 apartments and 1220 Hobson Road in Naperville, Ill., a 42,400-square-foot medical office space.

The remaining properties contain a mix of office, retail and industrial space.

According to Michael Nortman, founder of SVN Crossroads and Crossroads Development Partners, Crossroads also formed several strategic partnerships in 2014, aligning with multiple institutional investors, and is actively pursuing other property management companies to roll into the Crossroads brand.

“Institutional investors like working with Crossroads because it offers full-service property management with an entrepreneurial vision,” said Nortman. 

“As we continue to expand in the market, we will be seeking management companies to purchase and bring under the Crossroads banner.”                     

 SVN Crossroads Management is an award-winning full service real estate management firm, providing property management, asset management, construction management and consulting services on a variety of commercial real estate assets throughout the Chicagoland area and in selected markets nationwide.

 Currently, the portfolio of assets under management is over 2 million square feet.

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

Mark Thomton, mthomton@taylorjohnson.com, 312-267-4523

Emily Johnson, ejohnson@taylorjohnson.com, 312-267-4522 http://www.svncrossroads.com/

RealtyTrac Ranks Best U.S. Markets for Buying Residential Rental Properties in First Quarter of 2015

Chris Pollinger

IRVINE, CA — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, released its Q1 2015 Residential Property Rental Report, which ranks the best markets for buying residential rental properties in the first quarter of 2015.

The report also looks at which markets are seeing the biggest increases in rental rates in 2015 compared to 2014, and provides rankings of the best safe haven residential rental markets, along with the best markets for renting to Millennials, best markets for renting to Generation Xers, and best markets for renting to Baby Boomers.

“With homeownership rates at their lowest level in 20 years, historically low levels of housing starts and relatively low home prices in many parts of the country, there is still plenty of opportunity in the U.S. housing market for single family rental investors employing a variety of investing strategies,” said Daren Blomquist, vice president at RealtyTrac.

“Buying single family homes as rental properties in Southern California is reserved for those that have a very specific investment strategy,” said Chris Pollinger, senior vice president of sales with First Team Real Estate, covering the Southern California market, where annual gross yields on rentals range from less than 5 percent in Orange County to nearly 9 percent in the inland San Bernardino County.

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

Jennifer Von Pohlmann

949.502.8300, ext. 139

jennifer.vonpohlmann@realtytrac.com

Robert K. Scott Adds His Insurance Litigation Expertise to Newmeyer & Dillion’s Ever Growing Insurance Practice in Newport Beach, CA

  

Robert K. Scott

NEWPORT BEACH, CA --  Newmeyer & Dillion, LLP, a premier business, real estate and insurance law firm in California and Nevada, is pleased to announce that Robert K. Scott has joined the firm as a partner in the Newport Beach office.

 Bob brings his diverse insurance practice to Newmeyer & Dillion, supplementing the firm’s full range of insurance representation.

Bob’s practice includes all aspects of first party bad faith insurance litigation, which supports the firm’s continued growth plan. 

In addition to his strong litigation practice, Bob is a frequent lecturer and speaks nationwide on a variety of insurance-related topics.  Bob has practiced law in California for over 35 years.

While maintaining the highest standards of professional ethics, he has obtained multi-million dollar judgments, successful appellate decisions and substantial out-of-court settlements on behalf of his clients.

Jeffrey M. Dennis

Bob has represented developers and other business, hospitals, athletes, doctors, entertainers, business executives and other individuals in an array of complex coverage issues.

“Bob’s experience and expertise are an excellent addition to the firm’s ever growing Insurance Law practice,” said Jeff Dennis, the firm’s managing partner

  

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

Robert K. Scott

949.845-7000

bob.scott@ndlf.com

Media Contact

Shannon Keany 949.271.7313 or shannon.keany@ndlf.com

www.ndlf.com

Newmeyer & Dillion | 895 Dove St. 5th Floor | Newport Beach, CA 92600

John E. Van Vlear Joins Newmeyer & Dillion’s Environmental Law Practice

John E. Van Vlear

 NEWPORT BEACH, CA -- Newmeyer & Dillion, LLP, a premier business, real estate and insurance law firm in California and Nevada, announces that Partner John E. Van Vlear has joined the firm’s Environmental practice. 

John is a litigator, clean-up strategist, and real estate counselor for all aspects of contaminated sites. 

John’s expertise is a great addition to the Land Use and Eminent Domain practices at Newmeyer & Dillion.

  John practices in both state and federal courts, and represents clients before a wide range of environmental agencies. 

His matters typically involve a complex array of soils, water, and/or air contamination. 

  His portfolio of projects includes airports, commercial land, industrial properties, landfills, mines, gas stations, residential properties, and Superfunds sites.

“I've worked with a broad spectrum of environmental lawyers over the years,” says JP Rosso, President at International Precious Metals Institute (IPMI)

JP Rosso

“From my experience, John is at the top of the list. His depth of understanding and total mastery of environmental law borders on prescient.

“He doesn't waste time, is quick to grasp the salient points of any situation. He is equally quick to develop alternatives to solve the problem. … When he takes on a case you never have a doubt; you are receiving 100% of his intellect, talent & efforts.”

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

John Van Vlear

949.845.7000

john.vanvlear@ndlf.com

Media Contact

Shannon Keany 949.271.7313 or shannon.keany@ndlf.com

www.ndlf.com

Newmeyer & Dillion | 895 Dove St. 5th Floor | Newport Beach, CA 92600

Stonehill Strategic Capital Primed to Provide $500 Million in Hotel Financing in 2015

  

Matt Crosswy

 ATLANTA, GA, Feb.  2, 2015—Stonehill Strategic Capital, LLC (“SSC”), an affiliate of Peachtree Hotel Group II, LLC (“Peachtree Hotel Group”), today announced that it is poised to transact $500 million in fixed rate permanent loans, floating rate bridge loans, mezzanine debt, preferred equity and discounted note purchases during 2015. 

SSC successfully closed $25 million in loans in December 2014 and an additional $65 million is under signed application scheduled to close in January or early February 2015. 

Additionally, SSC’s affiliate closed on its hotel credit opportunity fund, Stonehill Strategic Hotel Credit Opportunity Fund, which will provide the capital to meet SSC’s lending goals for 2015. 

“We exceeded our most optimistic forecasts during 2014, our first full year since inception, and set the stage for a very fruitful second year and beyond," said Mat Crosswy, president of SSC.

 “Adding a permanent loan product is an important milestone in our company's growth that directly complements the existing debt solutions we can provide our clients.  

“This allows SSC to take a client through the entire life of an asset.  By all measures, 2015 looks incredibly bright for both our company and the industry at large.”

Stonehill completed 19 transactions in 2014 totaling more than $150 million.  Stonehill deployed capital in a variety of transactions, including bridge loans, permanent loans, mezzanine loans and preferred equity investments.

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

   Chris Daly, media

   (703) 435-6293

   chris@dalygray.com

Least Expensive Waterfront Home on the Venetian Islands in Miami Beach, FL on the Market for $3.2 Million

   

Venetian Islands Home at 235 East San Marino Drive, Miami Beach, FL

 MIAMI BEACH, FL -- Tear down and build your fantasy home on a 10,500-SF lot with 60-foot waterfront at 235 East san Marino Drive, Miami Beach, FL. Price: $3.2 million.

 Located moments to open bay, Downtown Miami, Lincoln Road, South Beach, Performing Arts Center and great restaurants. Large Pool and Dock.

  

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

Nelson Gonzalez P.A.,

Senior Vice President

305-674-4040

Nelson@NelsonGonzalez.com

www.NelsonGonzalez.com

EWM Realty International |419 Arthur Godfrey Road Miami Beach, Fl|33140

Exclusive Normandy Isles Home in Miami Beach, FL Price Dropped to $4.695 Million from $4.95 Million

  

Normandy Isles Home, 551 North Shore Drive, Miami Beach, FL

Nelson Gonzalez

MIAMI BEACH, FL --Impressive Mediterranean Waterfront home at 551 North Shore Drive, Normandy Isles, Miami Beach, built in 2008 with an open floor plan, high ceilings, and  stunning finishes.

The property sits on 10,200 SF lot with 60' feet of waterfront.

Wide water views can be seen from most rooms. Large master suite with walk-in closets, sitting room and terrace. Other features include marble floors, fireplace, impact windows, formal dining, rotunda staircase, large dock with lift, pool and spa and cabana with barbeque area. Also includes a  two-car garage and rooftop terrace. 

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

Nelson Gonzalez P.A.,

Senior Vice President

305-674-4040

Nelson@NelsonGonzalez.com

www.NelsonGonzalez.com

EWM Realty International |419 Arthur Godfrey Road Miami Beach, Fl|33140