Pangea Properties Named One of Chicago’s Best and Brightest Companies to Work For®

                

Steve Joung

                                                     CHICAGO, IL (June 15, 2015) – Chicago-based Pangea Properties is proud to announce it has been named one of “Chicago’s Best and Brightest Companies To Work For®” by the National Association for Business Resources, which recognizes businesses that provide an exceptional work environment for their employees through innovative and thoughtful human resource practices.

The honor comes just two weeks after Pangea was named Chicago’s third-fastest-growing company, according to the annual “Fast Fifty” list published by Crain’s Chicago Business, with revenues of $68.3 million in 2014, up from $450,000 in 2009.

“At Pangea, we believe building a successful business starts with assembling a world-class team, and creating an inclusive environment where employees are not only able, but encouraged to share their ideas is an essential part of that process,” said Steve Joung, co-founder and CEO of Pangea Properties.

 “By recruiting individuals who believe in our mission of developing and preserving workforce housing in underserved neighborhoods, and bringing our team together for various community outreach initiatives, we’re able to foster a sense of camaraderie while simultaneously improving the neighborhoods our company serves.”

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

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

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

Ambling University Development Group Rebrands as RISE: A Real Estate Company led by seasoned team behind $2.3 billion in developments nationwide

Ryan Holmes

VALDOSTA, GA, June 15, 2015 — RISE: A Real Estate Company, formerly Ambling University Development Group, today unveiled the company’s new name and branding.

The company’s name — which is short for Reasonable and Reliable, Inspired and Impactful, Serve and Simplify, Experienced and Empowering — defines its mission and incorporates the attributes team members follow.

RISE is keeping in place the seasoned executive team that has more than 75 years of combined experience. 

Over the past two decades, the team has overseen the development of more than 70 projects in 21 states totaling more than 15 million square feet of properties valued at more than $2.3 billion.

“While we have a new name and brand, we will continue to deliver the same quality products our clients have come to know and expect,” said Ryan Holmes, CEO of RISE. “The way we conduct business is not changing. Our tradition of developing and managing the highest quality on-campus housing and multifamily assets will continue as it has since 1995.”

Greg Blais

Through its innovative developments, the company aims to improve lives one person at a time, and the new name will serve as a reminder of its guiding principles.

“These attributes behind our new name are the bedrock for our company and hold each of us at RISE accountable to ourselves and those whom we serve,” said Greg Blais, president of RISE. 

“We will continue to develop communities of significance within higher education markets nationwide. This is a responsibility we do not take lightly, and we look forward to the next step in our journey.”

For more information, visit www.RiseRE.com.

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

Meredith Pierce • The Wilbert Group

1720 Peachtree St., Suite 350 • Atlanta, Ga. 30309

O: 404-343-0108  • M: 478-719-9958

www.thewilbertgroup.com

HFF arranges $41.5 million construction/permanent loan for new 7-Eleven corporate world headquarters in the Dallas-Fort Worth area

Cullen Aderhold

DALLAS, TX – June 15, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured a $41.5 million construction-to-permanent loan for the 325,000-square-foot, Class A corporate headquarters campus for 7-Eleven under construction in the Cypress Waters master-planned community in Irving and Dallas, Texas.

HFF worked on behalf of Billingsley Company to secure the 12-year construction-to-permanent loan through Pacific Life Insurance Company. 

 The new mid-rise office campus for 7-Eleven’s corporate headquarters is within Billingsley’s Cypress Waters master-planned community, a 1,000-acre waterfront development with office, multi-housing and retail in the central part of the Dallas-Fort Worth Metroplex.

 The campus will be situated on 21.6 acres at Beltline and Interstate 635 (LBJ Freeway) in Irving.

The HFF team was led by director Cullen Aderhold, senior managing director Trey Morsbach and real estate analyst Chad Russell. 

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

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

www.billingsleyco.com

www.cypresswaters.com

Arbor Funds $378 Million in Multifamily Deals in New York and Other Markets

Ronen Abergel

UNIONDALE, NY (June 15, 2015) - Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, announced the recent funding of 35 loans totaling  $378,226,200 across New York, Texas, Tennessee, Florida and other markets under the Fannie Mae Delegated Underwriting & Servicing (DUS®) Loan, Fannie Mae DUS® ARM 7-6™, Fannie Mae DUS® Small Loan, Fannie Mae DUS® Multifamily Affordable Housing, Freddie Mac Loan, Freddie Mac Small Balance Loan, Arbor Realty Trust Bridge Loan, CMBS Loan and FHA 223(f) programs.

Ronen Abergel, Vice President in Arbor’s New York office, originated the loans.

 “Arbor has the ability to lend nationwide using various executions. Having such flexibility allows our clients to rest easy since one way or another, their deal always gets closed,” Abergel said. 

New York - $171M

·         Multifamily Property, Watertown, NY – This 242-unit multifamily property received $36,750,000 funded under the CMBS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.

 ·         Multifamily Property, Liverpool, NY – This 208-unit multifamily property received $30,000,000 funded under the CMBS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

Gateway Apartments, Cheektowaga, NY

 ·         Multifamily Property, Cheektowaga, NY – This 528-unit multifamily property received $23,500,000 funded under the Arbor Realty Trust Bridge Loan product line.

  

·         111 East Avenue, Rochester, NY – This multifamily property received $22,800,000 funded under the Freddie Mac Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

·         Multifamily Property, Cheektowaga, NY – This 347-unit multifamily property received $17,500,000 funded under the Arbor Realty Trust Bridge Loan product line.

       Gateway Apartments II, Cheektowaga, NY – This 80-unit multifamily property received $8,233,900 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

·         Garden Village Apartments Cheektowaga, NY – This 315-unit multifamily property received $16,937,000 funded under the Freddie Mac Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.

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

Christopher Ostrowski

costrowski@arbor.com

Groundbreaking Ceremony Held for Riverview, FL Development

MIAMI, FL -- Adler Development, Mattoni Group, Key Bank, and Atlantic American Opportunities Fund hosted a groundbreaking ceremony at Pearce at Pavilion June 2.

 The property, a 13.6 acre site, located at 3599 S. US Highway 301, Riverview, FL will be developed into a 250 unit multi-family apartment complex. 

The property is located within the unincorporated Brandon submarket, which is generally described as being in central Hillsborough County, immediately east of the City of Tampa.

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

Suanny Garcia, Media Coordinator

7100 Biscayne Blvd., Suite 306A | Miami, FL 33138

Office 305.456.0483

suanny@jessicawadeinc.com

www.jessicawadeinc.com