Draper and Kramer Acquires 324-Unit The View at Encino Commons Apartment Community in San Antonio, TX

The View at Encino Commons Apartment Homes, Stone Oak Area, San Antonio, TX

                                                                                                         

CHICAGO, IL  – Chicago-based Draper and Kramer, Incorporated, one of the largest privately held, full-service real estate firms in the United States, has expanded its presence in the San Antonio market with the acquisition of The View at Encino Commons Apartment Homes, a 324-unit rental community in the Stone Oak area of north central San Antonio, just 17 miles from the city’s central business district.

Located at 21303 Encino Commons Blvd., The View at Encino Commons includes 27 two-story residential buildings with a mix of one-, two- and three-bedroom units, as well as a separate clubhouse/leasing center.

Forrest D. Bailey

Situated on a hilltop site overlooking U.S. 281, which provides easy access to downtown San Antonio, the property is in a popular infill area in proximity to well-regarded schools, a variety of retail and restaurant offerings, and major employment centers including the Stone Oak Medical Center.

“With population and job growth fueling strong absorption rates, San Antonio is an ideal investment opportunity for us as we broaden our national footprint,” said Forrest D. Bailey, president and CEO of Draper and Kramer.

“We first entered this market last year with the acquisition of Sonterra Blue, another rental community in Stone Oak, and based on our positive experience with that property, we sought out additional opportunities in the same area to gain economies of scale.

“ The View at Encino Commons is a great addition to our San Antonio portfolio with its combination of a high-demand location and upside potential through the renovation of both common areas and individual units.”

For more information on The View at Encino Commons Apartment Homes, call (312) 580-6547 or visit www.draperandkramer.com.

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

Sarah Lyons, slyons@taylorjohnson.com, (312) 267-4520

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

Transwestern Named a Green Master by Wisconsin Sustainable Business Council

  

Dorothy Schwarz

  

MILWAUKEE, WI – Transwestern Sustainability Services announced it has been recognized by the Wisconsin Sustainable Business Council as a Green Master, the highest honor bestowed by the council.

The title is awarded to the top 20 percent of leaders in the state of Wisconsin that demonstrate continuous improvement and commitment to sustainability areas including energy, water, waste and social actions. Transwestern is the only commercial real estate firm to be recognized.

“Not only do we advise clients on how to build efficiencies into their operations, we live it ourselves,” said Dorothy Schwarz, vice president of operations. “Transwestern is proud to be recognized as a Green Master and continue cutting operating expenses through sustainable measures both internally and for our clients.”

Throughout 2016, Transwestern Sustainability Services has benchmarked the more than 400 buildings Transwestern manages nationwide, promoted internal energy and water conservation programs, certified 11 LEED® projects with eight more in progress, and participated in the Milwaukee Better Buildings Challenge, a program that provides energy management tools to Class B and C buildings.

 Additionally, Transwestern utilizes natural light as its primary lighting source, centralized trash collection, robust recycling, electronic file storage, auto shutoffs on office equipment and teleconferencing to reduce travel.

On a national level, Transwestern has been honored as an ENERGY STAR® Partner of the Year recipient for 13 consecutive years and is a Platinum member of the U.S. Green Building Council.

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

Gretchen Muller

 Taylor Johnson Public Relations

312.267.4511

gmuller@taylorjohnson.com

twmediarelations@transwestern.com

www.transwestern.com

 @Transwestern

@TWGreenBldgs

Walker & Dunlop Expands Investment Sales Platform in Jacksonville, FL

Brian Moulder

JACKSONVILLE, FL - Walker & Dunlop recently announced that it has hired a team of multifamily investment sales professionals in Jacksonville, Florida. The Florida team, led by Brian Moulder, consists of the following members who will be responsible for the marketing and sale of multifamily properties in Florida and the surrounding regions. 

Brian Moulder

SVP & Managing Director

Office - (904) 712-6650

bmoulder@walkerdunlop.com Throughout his career, Mr. Moulder has assisted in the marketing and disposition of over $7 billion in multifamily assets and land for multifamily development. Prior to joining Walker & Dunlop, Mr. Moulder worked at CBRE, where he began his commercial real estate career in 2003. During his time at CBRE, he served as executive vice president of the Jacksonville Multifamily team and was one of the top producing sales brokers across the state of Florida.

Dhaval Patel

SVP & Managing Director

Mobile - (904) 742-7268

dpatel@walkerdunlop.com Throughout his career, Mr. Patel has assisted in the marketing and disposition of over $6 billion in multifamily assets and land for multifamily development. Prior to joining Walker & Dunlop, Mr. Patel spent over 12 years working at CBRE where he held the executive vice president position for the Jacksonville Multifamily team.

Greg Engler

George Bacon

Senior Vice President

Mobile - (904) 487-8171

gbacon@walkerdunlop.com Prior to joining Walker & Dunlop, Mr. Bacon was part of the Multifamily team at CBRE. Throughout his career, Mr. Bacon has been involved in the marketing and disposition of over 20,000 multifamily units throughout the Southeast.

  

Walker & Dunlop Executive Vice President, Greg Engler, stated, "We are thrilled to welcome Brian, Dhaval, and George to Walker & Dunlop and to expand the geographic reach of WDIS into Northern Florida.

"These talented investment sales professionals have fantastic experience as well as strong client relationships that will allow them to take advantage of the significant opportunity in this region and strengthen our platform's position as a market leader in the Florida investment sales space."

 Walker & Dunlop Investment Sales (WDIS) is built upon a rich history of representing the nation's premier owners and developers of multifamily properties in their capital raise and disposition efforts. WDIS leverages extensive relationships within the institutional investment arena with Walker & Dunlop's market leading finance platform to provide the highest level of multifamily advisory in the country.

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

Greg Engler

Walker & Dunlop

Tower Place 200

3348 Peachtree Road NE

Suite 900

Atlanta, GA 30326 

HFF closes sale of One and Two Liberty Square in Greenville, SC

One and Two Liberty Square, Greenville, SC

Ryan Clutter

 CHARLOTTE, NC – Dec. 22, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of One and Two Liberty Square, two Class A office buildings totaling 445,612 square feet in Greenville, South Carolina.

HFF marketed the property on behalf of the seller, HB Liberty Square, LLC, and procured the buyer, Lingerfelt CommonWealth Partners.  The property was sold free and clear of existing debt.

One and Two Liberty Square is situated on 1.536 acres at 55 and 75 Beattie Place one block away from the future federal courthouse in Greenville’s central business district. 

This location is convenient to Interstates 385, 85 and 26 providing access to surrounding executive communities, the greater Greenville-Spartanburg metro and the broader Southeast market, including Charlotte, Atlanta and Columbia, South Carolina. 

The 16-story, 258,047-square-foot Liberty One and the 12-story, 187,565-square-foot Liberty Two buildings are 81 percent leased to tenants, including Sherman Financial; Brown Mackie; Shellpoint Mortgage and Gallivan, White & Boyd.  In the last two years, Liberty Square has been extensively renovated with upgrades to the common areas, lobbies, restrooms, exterior areas and elevators. 

Ralph Smalley

The HFF investment sales team representing the seller was led by senior managing director Ryan Clutter, managing director Ralph Smalley, director Scot Humphrey and associate director Kelly Kuykendall.

“Liberty Square I & II are two iconic assets on the Greenville, South Carolina skyline that offer a tremendous opportunity to acquire significant critical mass in the Greenville CBD,” commented Clutter. 

“Institutional capital is taking note of the vibrant economy in Greenville and throughout the state of South Carolina and we believe we will continue to see more and more capital targeting this region in the year ahead.” 

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

Kristen Murphy

Director, Marketing

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

tel 617.848.1572 | fax 617.338.2150 | www.hfflp.com

krmurphy@hfflp.com

www.lingerfeltcommonwealth.com