Tuesday, August 23, 2016

Lincoln Property Co. TOBY Win in Arizona Sends Company to International Awards

Arizona Department of Environmental Quality (ADEQ) Building,
1110 West Washington Street, Central Phoenix, AZ

PHOENIX, AZ – For the second year in a row, Lincoln Property Company (LPC) Desert West has earned a regional “The Outstanding Building of the Year” (TOBY) award from the Building Owners and Managers Association (BOMA).

LPC earned the TOBY for its management of the the Arizona Department of Environmental Quality (ADEQ) Building, situated in Central Phoenix, just off of Interstate 10 in the heart of the State Capitol and fully occupied by ADEQ.

Megan Watkins
The TOBY awards are presented by BOMA and are the industry’s most prestigious honor for excellence in building quality and management.

The six-story Class A ADEQ office building is located at 1110 W. Washington St. in Phoenix. It is certified LEED Silver and houses 12 state agencies. LPC has provided third-party management services for the project since 2009.

“This building has a great history with LPC,” said said Lincoln Property Company’s Executive Vice President David Krumwiede. “Several of us were involved with the original development and management of the building, when it was delivered in 2002.

“Other team members have been actively managing the building for many years. We value this long-standing relationship and appreciate the trust that ADEQ continues to place in us to keep their property at optimal quality and efficiency.“

In addition to managing projects in its ownership portfolio, LPC Desert West also provides award-winning third party property management services. Across the Desert West region, this includes more 6 million square feet of office, industrial and retail space.

“Our mantra is that we manage like owners because we are owners, and that truly is the case,” said Lincoln Property Company’s Associate Director of Management Services Megan Watkins.

David Krumwiede

At the ADEQ building, LPC maintains open lines of communication with tenants and monitors its progress through regular surveys, the most recent of which earned a 100 percent tenant satisfaction rate. 

LPC also works with ADEQ to give back to the community through local events and hiring practices, such as through the Southwest Autism Research and Resource Center.

Amenities at the ADEQ building include a two-story atrium, grand staircase and on-site café. Low-water desert landscaping uses only reclaimed water from the building cooling towers.

 Interiors are designed to maximize indirect lighting, with motion sensor controls and automatic dimmers on all lights within 15 feet of exterior windows. Also included are automatic low water flush valves and touch-free bathrooms.

To discuss property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede, John Orsak or Megan Watkins at (602) 912-8888.

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

Stacey Hershauer
Marketing & Public Relations
(480) 600-0195

World-Famous Floral Designer Karen Tran To Host Master Floral Class at Anantara Layan Phuket Resort in Thailand

Karen Tran

PHUKET,  THAILAND -- Renowned across the globe for her dazzling wedding and event displays, florist designer Karen Tran is bringing her high-end Master Floral Class to the glamorous Anantara Layan Phuket Resort in Thailand from 21–23 November 2016.

An internationally recognised florist and event designer, Karen Tran is a trendsetter for exquisite and elaborate floral arrangements. Her fabulous creations have been showcased in magazines worldwide and secured her a fast-growing social media following.

With more than 20 years’ experience in the luxury event industry, Karen shares the vivid passion and extraordinary expertise of her glitzy success in exclusive Master Floral Classes.

Wedding Chapel Designed by Karen Tran

Combining trendsetting artistry with a glamorous beach getaway, Karen Tran is bringing her famous Master Floral Class to Anantara Layan Phuket Resort, co-sponsored by the Iamflower Phuket florist and Luxury Events Phuket.

Master Class attendees are offered special rates in a choice of luxury rooms, suites and pool villas for their stay at Anantara Layan Phuket Resort.

Surrounded by national park forest and opening onto Layan Bay along Phuket’s sunset coast, the resort is conveniently located just 20-minutes from Phuket International Airport. One of Phuket’s most sensational resorts, the tropical island hideaway offers journeys of pure indulgence to enjoy outside of the floral workshop.

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

Hwee Peng Yeo
Vice President, Asia Markets
Glodow Nead Communications
San Francisco • New York • Singapore • Shanghai
Level 21, Centennial Tower, 3 Temasek Avenue • Singapore 039190
Level 15, One Corporate Avenue, 222 Hubin Road, Shanghai China, 200021
1700 Montgomery Street, Suite 203 • San Francisco, CA • 94111
Asia: 65.9768.6087  US:415.394.6500 • E: hweepeng@glodownead.com

Centennial Tower 21层,Temasek Avenue 3号, 新加坡邮区039190

E: hweepeng@glodownead.com

Winter & Co. Closes $63.5 Million Mortgage on 600,000-SF Property in Van Ness Neighborhood of Washington, DC

Rendering of Office Complex, Connecticut Avenue, Van Ness Neighborhood, Washington, DC

NEW YORK, NY -- Winter & Company has arranged and closed a $63,500,000, interest-only leasehold mortgage for a unique, 600,000+ square foot asset, originally designed and built for a single, high-tech corporation, which is located on Connecticut Avenue in the Van Ness neighborhood of Washington, D.C.

Rendering of Park-Like Office Complex, Connecticut Avenue, Van Ness Neighborhood, Washington, DC

The new loan, which is subject to a long-term ground lease on the 7.8 acre park-like property, closed in August 2016, and includes a substantial interest and carry reserve as well as reserves to fund TI and LC.

The owner and developer is a pre-eminent U.S. firm specializing in re-imagining, re-developing and re-leasing very large office properties ranging from hundreds of thousands to millions of square feet across the country. Over the past 15 years they have become one of America’s leading private real estate acquisition, ownership, development and management firms.

Gregg Winter
The loan, which refinanced an existing acquisition loan, was structured with limited, top-loss recourse, which will sunset once the anticipated sale of a portion of the site closes.

Winter & Company is a Manhattan-based, commercial mortgage advisory firm that specializes in arranging development and construction financing as well as financing for multifamily, and mixed-use properties since 1989.

Its affiliate, W Financial Fund, LP is a direct private bridge lender providing short-term, special situation financing primarily for NYC multifamily and mixed-use properties since 2003.

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

Gregg Winter - President
Winter & Company
Creative Minds | Unparalleled Service ®
149 Madison Avenue, Seventh floor
New York, NY 10016
Phone: 212 532-9170

New Wyndham Garden Prototype Emphasizes Ease and Efficiencies

Kate Ashton
PARSIPPANY, NJ – The upper-midscale Wyndham Garden® brand is shedding light on its first global hotel prototype, designed to make travel easier and more carefree while delivering greater returns for hotel owners through operating efficiencies.

The new offering surpasses the segment, creating an upscale experience by incorporating modern architecture, functional design and an all-day inclusive culinary concept.
“With nearly half of our hotels located near airports and in city centers, we understand the need to escape the hustle and bustle that comes along with flying into Newark or doing business in downtown Shanghai,” said Kate Ashton, brand senior vice president, Wyndham Garden.

“Travelers deserve respites along with amenities that provide added convenience and comfort. With this philosophy steering the brand in all that we do, we’ve developed a serene environment with purposeful design choices, a lens on the details and meaningful offerings to make our guests’ travels as easy and stress-free as possible.”

Nine prototypical hotels are already under development in markets like Winter Haven and Orlando, Fla; Edinburg, Texas; and South Bend, Ind. The first is expected to open in mid-2017 in Bridgeport, W.V.

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

Kathryn Zambito
Wyndham Hotel Group
22 Sylvan Way
Parsippany, NJ  07054
(973) 753-6590