HFF announces $113.5 million financing for San Francisco multi-housing portfolio

245 Leavenworth Apartments, San Francisco, CA

Peter Smyslowski

SAN FRANCISCO, CA,  Sept. 17, 2018 – HFF announces $113.5 million in financing for a 12-property, 455-unit multi-housing portfolio with 13 ground-floor retail suites in San Francisco, California.

The HFF team worked on behalf of the borrower, Mosser Capital (Mosser), to secure the six-year (including extension options), floating-rate loan through an affiliate of Walton Street Capital, L.L.C.  The loan included interest-only payments through the first five years of the term.

The properties in the portfolio are: 775 Geary (36 units), 1029 Geary (58 units), 17 Decatur (8 units), 840 Van Ness (50 units), 2360 Van Ness (21 units), 245 Leavenworth (48 units), 305 Hyde (38 units), 347 Eddy (40 units), 371 Turk (25 units), 575 O’Farrell (47 units), 618 Bush (38 units) and 891 Post (46 units). 

All properties are near mass transit, employment and retail amenities in the highly desirable Civic Center, South of Market, Chinatown and Russian Hill submarkets.

The HFF debt placement team representing the borrower included senior managing director Peter Smyslowski and associate Bercut Smith.

Bercut Smith

“The sound economic fundamentals of this multi-housing portfolio and the San Francisco market attracted a diverse array of domestic and foreign capital providers,” Smyslowski said.  “Mosser could not have been more impressed by Walton Street’s expert loan execution.”

Holliday GP Corp. (“HFF”) is a real estate broker licensed with the California Department of Real Estate, License Number 01385740.

CONTACTS:

PETER SMYSLOWSKI

CA Lic. #01301231

HFF Senior Managing Director

(415) 276-6300

psmyslowski@hfflp.com

OLIVIA HENNESSEY

HFF Public Relations Specialist

(713) 852-3500

ohennessey@hfflp.com

https://mossercapital.com/

Hospitality Ventures Management Group (HVMG) Appoints Cody Feaster Regional Vice President of Operations

Cody Feaster

ATLANTA, GA,  Sept.17, 2018—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today appointed Cody Feaster as regional vice president of operations. 

 In his new role, Feaster will oversee the management of a portion of HVMG’s portfolio of 44 owned and operated hotels under the Hilton, Marriott, Hyatt, and IHG brands, throughout the United States.

           

Richard Jones

 “In his two decades of hospitality experience, Cody has excelled in all facets of leadership and hotel operations, from executing on conversion and acquisition strategies, to repositioning assets, to helping associates achieve their highest potential,” said Richard Jones, HVMG’s SVP and Chief Operating Officer. 

 “Cody has earned a reputation as a confident decision maker who brings out the best in the people with whom he supports.  

"He is sure to be an invaluable resource at both the corporate level and in the field as HVMG continues its aggressive growth strategy.”

Most recently, Feaster served as regional vice president at White Lodging where he had responsibility and oversaw 18 hotels. 

Prior to that, he held a number of increasingly more responsible positions with Hyatt Hotels culminating in regional vice president where he directed the operations and sales for a 12-hotel portfolio. 

He received his Bachelor of Arts degree in Hotel and Restaurant Management from Northern Arizona University.  

Additionally, he studied at Les Roches Culinary Academy in Bluche, Switzerland, as well as the Hanzehogeschool in Groningen, Netherlands.

  He was the recipient of the first ever Hotel/GM of the year for Hyatt Place Hotels in 2008.

“HVMG is recognized as a major industry owner/operator that promotes a culture that attracts some of the best talent in the industry,” Feaster said.  “I look forward to working collaboratively with this group of highly committed and motivated leaders to drive hotel profitability and guest satisfaction scores.”

 CONTACT:

CHRIS DALY

PRESIDENT

DALY GRAY PUBLIC RELATIONS, INC.

620 Herndon Parkway, Suite 115 | Herndon, VA 20170

Main: 703-435-6293

Mobile: 703-864-5553

chris@dalygray.com | www.dalygray.com

www.hvmg.com 

Bryan Sharp to lead Florida Mobile Home Park Team in Marcus & Millichap’s Orlando Office

Bryan Sharp

Orlando, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has hired Bryan Sharp, an experienced mobile home investment sales professional, according to Justin W. West, vice president/regional manager.

                “We are excited to welcome Bryan to the Marcus & Millichap family,” says West.

 “His experience and success with mobile home investment property sales will only be enhanced as he assimilates to our firm’s collaborative culture and becomes familiar with Marcus & Millichap’s unique, industry-leading marketing platform. Sharp’s addition to our firm will be a great benefit to our clients.”

Justin West

“I am excited to join the industry leader with a strong collaborative environment and I am confident that the Marcus & Millichap platform will help me maximize value for my clients” says Sharp.

 Prior to joining the firm, Sharp was an investment advisor at Capstone Apartment Partners where he was an integral part of more than $60 million transactions in 13 states.

He brings three years of investment property sales experience. Sharp holds a Master’s of Business Administration degree from the University of Central Florida and a Bachelor’s degree from the Stetson University.

  

Contact:

Ocea Huggins

Operations Manager – Orlando and Jacksonville

Marcus & Millichap 300 South Orange Avenue Suite 700 Orlando, FL 32801 (407) 557-3840 direct (407) 557-3800 main (407) 927-0313 mobile (407) 557-3810 fax ocea.huggins@marcusmillichap.com