Ware Malcomb Announces Construction Completed on New Facility for CGI Windows and Doors in Hialeah, FL

Reinaldo Gomez

MIAMI, FL – Ware Malcomb, an award-winning international design firm, announced construction is complete on the office and manufacturing facility of CGI Windows and Doors located at 3780 W 104th Street within the Countyline Corporate Park in Hialeah, Fla. Ware Malcomb provided architectural design services for the project.

Ware Malcomb designed the new 325,000 square foot concrete tilt up building with a neutral color palette of warm tones and white. CGI Windows and Doors recently relocated to the new facility from a smaller location in Miami in order to accommodate the company’s growth.

“We worked closely with CGI Windows and Doors to design a custom facility that is flexible enough to meet the various needs of the company, its employees and its customers – now and in the future,” said Rei Gomez, Regional Manager of Ware Malcomb’s Miami office.

Countyline Corporate Park, Hialeah, FL

“This new building in Countyline Corporate Park provides the unique combination of state-of-the-art industrial amenities within a business park setting.”

Ware Malcomb previously provided master planning services for the overall Countyline Corporate Park project. The firm has since provided architectural design services for five of the stand-alone buildings within the Countyline Corporate Park, including this 325,000 square foot facility for CGI Windows and Doors and a 473,000 square foot build-to-suit facility for KLX Aerospace Solutions.

CONTACTS:

Rachel Reenders

VP Public Relations,

 KCOMM for Ware Malcomb

rachel@kcomm.com

Kelly Teenor, Director, Marketing, 949.660.9128, kteenor@waremalcomb.com

Maureen Bissonnette, Associate Principal, Marketing, 949.660.9128, mbissonnette@waremalcomb.com

HFF announces structured financing totaling $23.5 million for Denver, CO mixed-use development

Cherokee Flat, 2065 South Cherokee Street, Denver, CO

DENVER, CO –– Holliday Fenoglio Fowler, L.P. (HFF) announces debt and equity financing totaling $23.5 million for the development of Cherokee Flats, a Class A, mid-rise building in Denver, Colorado, with 4,980 square feet of ground-level retail and 139 apartment units.

Working on behalf of the developer, LCP Development, the HFF team secured a $20.145 million, floating-rate construction loan with a regional bank.  In addition, HFF arranged $3.355 million in preferred equity.

Cherokee Flats will total 97,179 rentable square feet within an eight-story building consisting of five residential levels atop three levels of podium parking and ground-floor retail. 

Leon McBroom

Situated at 2065 S. Cherokee Street, the site is bounded by the major Denver thoroughfares of S. Broadway to the east, W. Evans Avenue to the south and S. Santa Fe Drive to the west, and is a block and a half from the Evans RTD Light Rail station. 

 Cherokee Flats will feature a large amenity deck on level four, which will include a swimming pool and spa, firepit, barbecues, outdoor kitchen and lounge seating. 

Additional amenities will include a fitness center, bike maintenance and storage room, dog run, dog wash and fifth-floor party room with expansive western views.  Completion is expected in 2020.

The HFF debt placement team representing the borrower consisted of director Leon McBroom.

CONTACTS: 

LEON MCBROOM

HFF Director

(303) 515-8000

lmcbroom@hfflp.com

OLIVIA HENNESSEY

HFF Public Relations Specialist

(713) 852-3403

ohennessey@hfflp.com

Arbor Funds $2.2 Million Fannie Mae ARM 7-6™ Loan in Oklahoma City, OK

Raleigh Square Apartments, Oklahoma City, OK

UNIONDALE, NY– Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare, and other diverse commercial real estate assets, recently funded a Fannie Mae Adjustable Rate Mortgage (ARM) 7-6™ loan in Oklahoma City, OK.

Raleigh Square Apartments, a 105-unit multifamily property, received $2.2M in funding through the Fannie Mae ARM 7-6 loan program. The deal provides a 7-year term with an adjustable rate and a 30-year amortization schedule. There is also an option to convert to a 7- or 10-year fixed term in years 2-6 of the loan, penalty free.

Austin Walker

Austin Walker of Arbor’s New York City office originated the loan.

 “This loan was an example of Arbor’s flexibility and certainty of execution,” said Walker. “We gave the borrower the ability to close on time and build in additional funds for capital improvements without taking on high interest bridge debt.

"In addition, the flexibility of the conversion to a fixed rate option gave the borrower peace of mind in a rising rate environment.”

Built in 1984, Raleigh Square Apartments are conveniently located near Will Rogers World Airport. The pet-friendly gated community offers a wide selection of features and amenities, including a community picnic area, pool and playground; convenient on-site parking; laundry facilities, and smoke-free options.

CONTACTS: 

                                                                       

Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

800.ARBOR.10

arbor.com

Contact: Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

Arbor Funds $1.5 Million Freddie Mac SBL Deal in Austin, TX

   

Soco Flats, Austin, TX

  

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare, and other diverse commercial real estate assets, recently funded a Freddie Mac SBL deal in Austin, TX.

David Galst

SOCO Flats, a 20-unit garden-style multifamily property, received $1.5M in acquisition financing through the Freddie Mac SBL program. The 5-year hybrid term comes with a 30-year amortization schedule.

David Galst of Arbor’s Century City office originated the loan. “Arbor worked diligently to facilitate our buyer’s tight closing timeline and logistics,” said Galst. “This deal was yet another example of Arbor’s proactive execution.”

Located in the heart of Austin, SOCO Flats offer apartment units with modern finishes and amenities including balconies, a laundry facility, and on-site parking.

CONTACTS: 

                                                                       

Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

800.ARBOR.10

arbor.com

Contact: Bina Handa

Tel: 516.506.4229

bhanda@arbor.com

HFF advises Odyssey Partners on the refinancing of Sainsbury's supermarket in London, England

Sainsbury's Supermarket, 181 High Street, Beckenham,
London, England

Claudio Sgobba

LONDON, ENGLAND –– HFF Real Estate Limited (HFF) announces the refinancing of the Sainsbury's supermarket, a purpose-built supermarket totaling 45,000 square feet along with 277 decked car spaces in Beckenham, London.

The HFF team worked on behalf of Odyssey Partners, which purchased the property on behalf of a Singaporean private investor.  The five-year facility was provided by Ahli United Bank (UK) PLC.

Originally developed in the 1980’s, Odyssey Partners plan to reposition the property into a high-quality, residential-led mixed-use development.  The property is located at 181 High Street in Beckenham, London.

“The property fits in with our strategy to acquire assets with strong retail covenants that offer redevelopment potential in the medium term,” said Andrew Bygrave, managing director for Odyssey Partners.

Andrew Bygrave

The debt placement team included managing director Claudio Sgobba and associate Karan Mahajan.

“The property provides Odyssey Partners with an excellent opportunity to unlock value through potential redevelopment of the site,” Sgobba said.

Founded in 2010, Odyssey Partners is a privately held, independent real estate development and investment manager.

Based in Singapore, with offices in London and Bangkok, Odyssey Partners’ approach concentrates on both capital preservation and wealth creation through acquiring high quality assets, active asset management schemes and undertaking development projects.

Karan Mahajan

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital mrkets services to the global commercial real estate industry.

 HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. 

HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF).  For more information, please visit hfflp.com or follow HFF on Twitter @HFF.

CONTACTS: 

                                                                       

CLAUDIO SGOBBA
HFF Managing Director
44-020 7509 6722

csgobba@hfflp.com  

KIMBERLY STEELE

HFF Digital Content/Public Relations Specialist

1 (713) 852-3420

ksteele@hfflp.com