Monday, July 29, 2019

KW Property Management & Consulting Names Zuly Maribona Senior Vice President Overseeing Key Florida Markets


Zuly Maribona

MIAMI, FL – KW Property Management & Consulting (KWPMC), a premier residential property management company that recently celebrated its 15th anniversary, has promoted Zuly Maribona to Senior Vice President.

Based in Southwest Florida, Maribona has been instrumental to KWPMC’s growth in the region for the past 11 years.

Maribona was previously Regional Vice President overseeing the company’s portfolio of nearly 20,000 units at luxury lifestyle communities and high-rise condominium buildings in Collier, Lee and Hendry counties.

 In her new role, she is also helping lead expansion efforts in Orlando, Tampa and Jacksonville. Maribona will work closely with KWPMC COO Katalina Cruz to support the teams in those markets.

Katalina Cruz

KWPMC’s vast Southwest Florida portfolio includes Paseo in Fort Myers and Admiralty Point, Tiburon Estates and VeronaWalk in Naples.

Maribona also oversees the KWPMC-managed Mountain Falls, a luxury motorcoach resort in Lake Toxaway, N.C.

“Zuly has been an exemplary member of our team since the early years of the company,” Cruz said. “KWPMC’s incredible growth in Southwest Florida – while maintaining the unparalleled level of hands-on service delivered to our communities – would not be possible without her. We are confident she will help replicate our success elsewhere in Florida.”

Maribona first joined KWPMC as a Community Association Manager in 2008, eventually earning a promotion to Vice President. She is an alumna of Miami Dade College and has a Florida Mortgage Broker’s License.

“I am excited to take on these additional responsibilities and grateful to KWPMC’s leadership for the opportunity,” Maribona said. “Our core values and operating mission to provide the highest quality management services have not changed since the beginning of the company. It is easy to be loyal to a company that is loyal to its people.”

In addition to holding active LCAM and CMCA certifications, Maribona recently completed the University of Miami’s Green Professional Building Skills Training (GRPO) program for professionals who incorporate sustainable and resilient practices into the buildings they oversee. The university offers the program in partnership with the Urban Green Council.

Contact:

Eric Kalis
Vice President, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road



RKW RESIDENTIAL Adds Over 1,800 Units to Portfolio in Carolinas and Florida

Marcie Williams


Charlotte, NC and Miami, FL — RKW RESIDENTIAL, a leading multifamily property management company, is reaching new heights in 2019 with prominent apartment community assignments throughout the Carolinas and Florida.

The company was recently awarded eight prime communities totaling more than 1,800 units in the two pivotal markets.

Michelle O’Brien 
In conjunction with the aggressive growth, RKW hired industry veteran Cesar Rosas as Director of Facilities and promoted Michelle O’Brien to Regional Vice President.

Rosas brings nearly two decades of multifamily experience to the company. Based in Charlotte, O’Brien joined RKW as Regional Manager in September 2018.

“We have been fortunate to continue to work with best-in-class developers and operators and oversee their premier communities throughout the Southeast,” said Marcie Williams, president of RKW.

Cesar Rosas 
“That is a testament to our dedicated people at RKW. Cesar and Michelle are tremendous examples of the importance of having passionate and talented people in key positions.”

The new Carolinas assignments include:

·         Terwilliger Pappas’ brand-new Solis Keltonwood at Berewick, a 230-unit community with one, two and three-bedroom apartments in Charlotte
·         Trilogy Cary, a 205-unit newly completed community in Cary, N.C.
·         Crabtree Lakeside, a brand-new 221-unit community in Raleigh
·         Draper Place, a boutique apartment building completed in 2018 in Charlotte’s Elizabeth neighborhood.

Monarc at Met, a luxury apartment tower with 462 units that is part of the transformative Met Miami development within the city’s Central Business District.

In downtown Miami, RKW took over management and leasing at Monarc at Met, a luxury apartment tower with 462 units that is part of the transformative Met Miami development within the city’s Central Business District.

Also in Miami, RKW added Soleste Twenty2, a brand-new 338-unit community.

On the west coast of Florida, RKW picked up two prime communities: the 180-unit DeSota in downtown Sarasota and Seaside Villas, a 121-unit community in Gulfport.

Contact:

Eric Kalis
Vice President, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road



Longfellow Acquires Palo Alto Technology Center in Silicon Valley from KBS for $205 Million


Palo Alto Technology Center (PATC) entrance, Silicon Valley, CA

SILICON VALLEY, CA,  July 29, 2019 -- Longfellow Real Estate Partners, which invests in life science, lab and innovation space across the U.S., announced today the acquisition of the Palo Alto Technology Center (PATC) from KBS, one of the largest owners of premier commercial real estate in the nation, for $205 million. 

Palo Alto Technology Center (PATC) 

1800-1850 Embarcadero Road and 2445-2465 Faber Place 
The PATC purchase is Longfellow’s fifth West Coast acquisition since late 2018. KBS originally purchased the property in 2012 on behalf of a sovereign wealth fund. 

Adam Sichol
Located just three miles from Stanford University and a short distance from the Stanford Research Park, PATC’s ten buildings total 259,586 square feet.

The campus is about 99 percent leased. Tenants include Stanford, Bill.com, Aurora Innovation and Eversight.  

The campus’ specific addresses -- 1800-1850 Embarcadero Road and 2445-2465 Faber Place -- are nearly adjacent to Interstate 101 and easily accessible for commuters approaching from the North, South and East Bay via the Dumbarton Bridge (Route 84).

Brent Carroll

 PATC is an eight-minute drive from the Palo Alto Caltrain stop (shuttle service offered on site).

“We’re excited to add Palo Alto Tech Center to Longfellow’s San Francisco Bay Area portfolio and expand our presence in one of the nation’s most dynamic science and innovation clusters,” says Longfellow Managing Partner Adam Sichol. 


Located at the focal point of the modern innovation economy, Palo Alto city officials recently announced that they are poised to make the 2015 cap on new office developments in the University Avenue, California Avenue and El Camino Corridors permanent.


Nick Frasco
The cap limits annual office deliveries to 50,000 square feet per year, which if made permanent would guarantee almost no new competitive products to the Palo Alto Technology Center in the coming years. 

“There is no question that Silicon Valley is one of the premier destinations for office tenants,” says Brent Carroll, senior vice president for KBS and asset manager of the property.

“Additionally, the barriers-to-entry in this market are very strong on all fronts – physical, political and financial. We are sure the new owners will enjoy the same success we’ve seen in the area.”



Kurt Chong



The acquisition increases Longfellow’s portfolio to over two million square feet on the West Coast, and includes Bayshore Technology Park and PATC in the San Francisco Bay Area as well as the Inspire, Roselle and Sycamore campuses in San Diego.

Longfellow’s total portfolio includes over 4.7 million square feet of life science and tech space owned and under management in innovation hubs such as Greater Boston, Philadelphia and North Carolina’s Research Triangle region. 

Longfellow plans to convert some of the campus to life science uses and complete capital improvements including facade enhancements, landscaping, and signage/wayfinding.

In addition, Longfellow will implement its proprietary services and amenities package, Elevate, which aims to redefine workplaces with lifestyle perks. 


Paul Nelson
“Palo Alto Tech Center’s proximity to Stanford University and the world-renowned Stanford Research Park, along with its premier tenancy and desirable physical attributes make it an excellent candidate for Longfellow’s signature lab and tech office repositioning,” says Nick Frasco, Longfellow’s West Coast Managing Director.  

Greg Cioth, Paul Nelson, Nate Jones and Kurt Chong of Eastdil Secured represented KBS in the deal. Longfellow represented itself.  
 


Nate Jones


More at www.lfrep.com and on Twitter (@LongfellowREP) and Instagram.  

 Longfellow Press Contact:
For more information, please reply to this note or send an email to marketing@lfrep.com.  

KBS Media Contacts:
Lisa James or Jenn Quader
Brower Group
(949) 438-6262

Ginny Walker
Public Relations Manager
949-417-6535