Done Deals: Oct 17, 2018

Wednesday, October 17, 2018

Gary Vaynerchuk and VaynerMedia to Present Second Annual Agent2021 Conference Jan. 17, 2019 in Miami Gardens, FL

Gary Vaynerchuk

Miami, FL, Oct. 17, 2018 — Highly successful serial entrepreneur and VaynerX Chairman Gary Vaynerchuk, along with his digital agency VaynerMedia, are presenting the second annual Agent2021, a one-day conference educating real estate, auto, insurance and mortgage agents and brokers about social media and digital marketing innovation.

Agent2021 will take place on Jan. 17, 2019, 8 a.m.–5 p.m. on the field of Hard Rock Stadium. Hard Rock Stadium is located at 347 Don Shula Drive, Miami Gardens, FL 33056.

The one-of-a-kind conference, which attracts attendees from across the U.S., will feature in-depth information about digital media’s most powerful tools, platforms and tactics.

Attendees will attend keynotes, panels, and networking sessions focused around actionable advice to grow their businesses, presented by some of the real estate, auto, insurance, and mortgage industries’ most innovative business leaders and brands.

“I’m passionate about these industries because they require an entrepreneurial approach to business,” said Vaynerchuk. “In year two, we are leveling up the game substantially.

Kim Garcia

"There are a magnitude of ticket packages, sponsorship offerings, and overall business opportunities available this year. We will over-deliver on content from keynotes, industry-leader panels, and platform partners telling attendees how to maximize social to sell more.”

General admission ticket holders will kick off the conference with a welcome reception on the evening of Jan. 16, while VIP buyers will have access to a private Q&A-style dinner with Vaynerchuk.

The conference on Jan. 17 will open with a fireside chat featuring Vaynerchuk, and then segue into industry breakout panel discussions led by notable speakers.

Those who purchase videographer passes in addition to their general admission or VIP tickets will have the ability to bring a videographer to shadow them throughout the day and capture their experience.

“Feedback from Agent2021’s inaugural event has been overwhelmingly positive. We’re super excited to bring Agent2021 back to Hard Rock Stadium and build on what we believe to be critical business principles for these four industries,” said Kim Garcia, senior vice president of VaynerExperience.

“VaynerExperience’s goal is to deliver tangible takeaways for attendees that can be immediately implemented. In the same way that we help Fortune 100 and 500 companies grow, we are pleased to share the same strategies with agents and owners in the real estate, auto, insurance and mortgage industries.”

Hard Rock Stadium, Miami Gardens. FL

Partner hotels for the event are located in Hollywood, and include CIRC Hotel in Hollywood; Seminole Hard Rock Hotel & Casino (attendees can use discount code “GAGE19”); and the Margaritaville Beach Resort.

For more information and to purchase tickets, visit https://agent2021.com/. For press inquiries, please email agent2021@dureeandcompany.com.

CONTACT:

Rachel Tabacnic

{ Account Director }

10620 Griffin Road, Suite 208,

Fort Lauderdale, Florida 33328

P: 954.723.9350 { ext. 105 }

F: 954.723.9535

C: 561.441.9692

W: dureeandcompany.com

CHMWarnick Names Joe DeFrank (CHAM) Senior Vice-President & Asset Manager in New Washington, DC Office

Joe DeFrank

WASHINGTON, DC – CHMWarnick, the preeminent asset manager and business advisor to the hospitality industry, today appointed Joe DeFrank (CHAM) to the position of senior vice-president and asset manager.

DeFrank will join Craig A. Mason (CHAM), executive vice president, in the company’s recently established Washington, D.C. Metro office and further cement the company’s presence in the mid-Atlantic region.

“Throughout his nearly 35-year career in the hospitality/real estate industry, Joe has remained laser focused on achieving ownership’s objectives, from increasing cash flow to maximizing long-term value, which aligns perfectly with our own hotel asset management philosophy,” said Ken Wilson, managing director and co-chairman, CHMWarnick.

“Joe also is a longtime member of the Hospitality Asset Managers Association (HAMA) and has earned the prestigious Certified Hotel Asset Manager (CHAM) designation, making him the sixth CHMWarnick professional to hold the standard-bearing title.

"No other industry entity can boast as many accredited hotel asset managers. His expertise and experience undoubtedly will help our company expand and solidify its presence in the mid-Atlantic.”

Craig A. Mason

Previously, DeFrank was a senior-vice president of asset management for Host Hotels & Resorts and was responsible for a portfolio of approximately 40 hotels with 20,000-plus rooms throughout the southeastern and central regions of the U.S., as well as Mexico and Latin America.

The portfolio included a diversified mix of full-service Marriott, Ritz-Carlton, Hyatt, Hilton, Accor and independently branded hotels.

DeFrank also held several prominant positions within Marriott International for nearly a decade and a half, culminating in director of finance. He earned his Bachelor of Science degree in accounting with an emphasis in finance from the Smeal School of Business at Pennsylvania State University.

DeFrank also received a Certificate in Strategic Hospitality Management from Cornell University’s Professional Development Program. He is a member of the Marriott International Westin Brand Ownership Advisory Board and the AH&LA’s Food & Beverage Committee and Sustainability Committee.

“The opportunity to both work for the most respected third-party hotel asset management and development advisory company in the United States and rejoin Craig, with whom I’ve worked in the past, as he gears up the company’s mid-Atlantic and South Atlantic presence was one I could not pass up,” noted DeFrank.

“For the past decade and a half, I have worked exhaustively throughout the region, amassing local insights and determining best practices that ultimately benefit owners as they seek to maximize the return on their investment.”

For more information, contact 978.522.7002 or visit www.CHMWarnick.com.

For the latest company news, follow CHMWarnick on Twitter @CHMWarnick and LinkedIn.

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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

HFF announces sale and acquisition financing for WaterWall Place in Uptown Houston, TX

HOUSTON, TX –– HFF announces the sale and acquisition financing for WaterWall Place, a LEED Silver, seven-story luxury multi-housing community in Houston’s Uptown District.

WaterWell Place, Uptown Houston, TX
(All WaterWell Place photos by Scott Womack)

The HFF team marketed the property on behalf of the seller, Hines. HASTA Capital purchased the offering free and clear of existing debt.

Pool, WaterWall Place, Houston, TX

Additionally, HFF worked on behalf of the new owner to secure a fixed-rate acquisition loan through Barings Real Estate, part of Barings LLC, one of the world’s largest diversified real estate investment managers, on behalf of an institutional investor.

The seven-story, 322-unit residential project is situated in the heart of Uptown Houston, centered among the Gerald D. Hines Water Wall Park, the iconic Williams Tower and The Galleria.

Lobby, WaterWall Place, Houston, TX

Designed by Jackson & Ryan Architects in collaboration with Wallace Garcia Wilson Architects, the 316,287-square-foot signature project was Hines’ first multifamily development in Houston and was completed in 2014.

Kevin Batchelor

Kevin Batchelor, Hines senior managing director, said, “WaterWall Place was a significant project for us and the property provides the buyer a first-class asset with an exceptional location.

"The project’s premier setting, along with its architectural design and amenities, has resulted in attracting a very affluent renter profile and a successful lease-up with rents above pro forma.”

Rob Little, Head of Real Estate Core Mortgage for Barings added, “We are pleased to add this high-quality multifamily property to our Houston portfolio, consistent with our strategy of lending on properties in walkable locations and population growth centers. We look forward to expanding our relationship with HASTA Capital.”

Rob Little

The HFF investment advisory team representing the seller included senior managing director Todd Marix, managing director Chris Curry and analyst Estee Ibanez.

HFF’s debt placement team representing the borrower included senior managing director Matt Kafka and managing director Kelly Layne.

Holliday GP Corp. (“HFF”) is a Texas licensed real estate broker.

Estee Ibanez

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 207 cities in 24 countries.

Todd Marix

Hines has approximately $116.4 billion of assets under management, including $64 billion for which Hines provides fiduciary investment management services, and $52.4 billion for which Hines provides third-party property-level services.

The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,319 properties, totaling over 431 million square feet.

The firm’s current property and asset management portfolio includes 527 properties, representing over 224 million square feet.

With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world.

Visit www.hines.com for more information.

Chris Curry

HASTA Capital is focused on the investment, development and operation of residential multifamily rental assets in the U.S. and Latin America.

Founded in 2016 by Mark Hafner and Rodrigo Suarez, HASTA combines its specialized operational expertise, rigorous analytical methodology and meticulous attention to detail, sustainability and quality control to create world class buildings and living environments that improve their cities and generate superior risk adjusted returns for their investors.

Over their careers, HASTA’s principals have led the acquisition and development of over $9 billion of multifamily rental housing. For more information about HASTA Capital, please visit www.hastacapital.com

Barings is a $306+ billion* global financial services firm dedicated to meeting the evolving investment and capital needs of our clients.

The firm builds lasting partnerships that leverage its distinctive expertise across traditional and alternative asset classes to deliver innovative solutions and exceptional service.

Part of MassMutual, Barings maintains a strong global presence with over 1,800 professionals and offices in 16 countries. Learn more at www.barings.com.

Barings Alternative Investments (BAI), part of Barings LLC, is a 460+ associate team located across 11 countries that manages $49+ billion* in client capital.

Kelly Layne

BAI seeks differentiated sources of returns by incorporating decades of investment experience in alternative assets offering investors access to a diverse range of opportunities across private equity, real assets, asset-based investments and the four quadrants of real estate.

BAI serves as a trusted partner to clients, leveraging its global presence and robust origination capabilities to identify the most attractive risk-adjusted return opportunities.

The Barings Real Estate team offers a broad range of investment opportunities globally across the public and private debt and equity markets. The team invests across all major property sectors with a focus on global relative value and trend-backed preferred strategies.

*As of June 30, 2018