Thursday, March 24, 2022

JLL Capital Markets leads the sales and financing efforts for Diamond Oaks Village in Bonita Springs, FL

Allison Holland

MIAMI, FL JLL Capital Markets has closed the sale and arranged financing for Diamond Oaks Village, a 160-unit, luxury, age-restricted (55+) senior living community in Bonita Springs, Florida.

 

JLL represented the seller, The United Group of Companies, Inc (“United Group”), in the sale to Castle Lanterra Properties.

 

 Diamond Oaks Village, Bonita Springs, FL


In addition, JLL worked on behalf of the buyer to secure the three-year, floating-rate loan with Square Mile Capital Management.

 

“Diamond Oaks Village is a best-in-class age-restricted seniors housing community that we developed in Bonita Springs,” said United Group President and CEO Michael Uccellini. 


Michael J. Uccellini

“There is nothing else like it in that market and it will continue to provide quality housing for the seniors of Bonita Springs.

 

"As a result of the broad efforts by JLL, we found a buyer in Castle Lanterra that is committed to providing exceptional seniors housing and lifestyle programming for the residents.

 

"Diamond Oaks is a very special seniors housing community with lots of vibrancy, great residents and great staff.”


Cody Tremper

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Directors Cody Tremper and Mike Garbers.

 

The JLL Capital Markets Debt Advisory team representing the borrower was led by Managing Director Allison Holland.


Mike Garbers

Completed in 2017, the property was developed by the United Group. The gated community includes a covered parking garage, fitness center, outdoor pool/spa, dog park, putting green and bistro, bar and pub. 


Diamond Oaks Village offers one- and two-bedroom units averaging 1,036 square feet.

 


Additionally, residents of the community are proximate to multiple shopping and dining centers, as well as 25 golf courses within 10 miles of the property.

 

 

CONTACT

 

 Cierra Lacasse

 JLL Associate

 Public Relations

Phone: +1 602 648 8701

Email:  Cierra Lacasse@am.jll.com

She Has a Deal Announces Hotel Investment Pitch Competition Advances Six Teams to Final Round

 

Tracy Prigmore
 

 

 ATLANTA, GA — Officials of She Has a Deal announced the six finalist teams selected to advance to the final round of SHaDPitch 2022. 

 

 The annual hotel investment pitch competition allows teams of early-career, women hospitality students to compete for the prize of $50,000 in hotel deal equity following the conclusion of a virtual, preliminary round of pitching.


Rebecca DelValle 

The goal of She Has a Deal is to increase the number of women hotel owners and developers, and the organization offers inspiration and education to channel the power of collaboration and mentorship.

Alexandra Vendola

She Has a Deal creates new pathways to hotel ownership and development by exposing participants to the hard-to-find details needed to successfully source, analyze and close hotel real estate investment deals. 

Morgan Mason 

During the preliminary judging round, 10 teams comprised of 20 participants pitched hotel investment acquisition or development projects live on Zoom to a judging panel of top-level hotel business executives, entrepreneurs and investors. 

Brylynn Smith 

The judges evaluated and selected the following six teams, listed in alphabetical order:

 

1.   ART, LLC: Rebecca DelValle and Alexandra Vendola from University of New Haven

 Lauren Graff

2.    3.   ASM Consolidated, LLC: Morgan Mason from Purdue University

4.    5.   L&B Hospitality Consulting: Brylynn Smith and Lauren Graff from San Diego State University

6.    

Lilian Amirfazli

7.   L&J Investments: Lilian Amirfazli, Lily Payne and Jayln Rowley from Michigan State University

8.    9.   Lumine Investments: Shanti Huang and Valerie Feng from California State Polytechnic University, Pomona

 Lily Payne 

Quarters & Halves: Yvana Petros, graduate of George Washington University Elliott School of International Affairs, and Shannah Reagan, graduate of University of Pennsylvania

Jayln Rowley
12.                      

The teams, who started the She Has a Deal process in September 2021, completed more than 30 hours of intensive hotel investment education to learn how to source, evaluate and raise capital for a real hotel deal.


Shanti Huang

Pitches included new construction hotels, acquisitions with complete property improvement plans and conversions of hotels in markets ranging from St. Louis and San Diego to Central Florida and South Georgia.


Yvana Petros

"This year's group of aspiring women hotel investors and developers brought a fresh, diverse perspective to hotel development and strategy.

Ravi Patel

"Their charisma, professionalism and potential to transform the industry shined throughout the competition," said Judge and Chief Executive Officer of SINA Hospitality Ravi Patel.


Geoff Ballotti

She Has a Deal founder, Tracy Prigmore of TLTsolutions, said about the virtual competition:

 

 “In our third year, I remain inspired and impressed by the amount of work and effort our participants put into their projects.  The support of our luminaries and sponsors makes it clear that we have deep support in the industry.”


 Mark Hoplamazian 

Prigmore went on to say, “Everyone has a role to play when it comes to making change.  As the saying goes, ‘It takes a village,’ and we need the entire industry to rally together to accelerate its transformation. 

 

"When more women are owning and developing hotels, the world will experience the brilliance of these women in hospitality, and the industry will explode with innovation.”


Elie Malouf 

The final pitch competition will take place at the Innovation Gallery at Hilton McLean Tysons Corner April 28-29. 

 

The competition will be followed by an awards and networking luncheon at the Hyatt Regency Tysons Corner, where all of the participants will be celebrated. 


Chris Nassetta

This year, the luncheon will include a conversation with the CEOs of SHaD’s hotel company partners, Geoff Ballotti of Wyndham, Mark Hoplamazian of Hyatt, Elie Malouf of IHG, Chris Nassetta of Hilton and Patrick Pacious of Choice.

Patrick Pacious 
 


For more information and to purchase tickets, visit www.shehasadeal.com.

 


CONTACT

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

Ware Malcomb Announces Completion of Crosspoint Building Revitalization in Phoenix, AZ

 

Lynne Orlowski


PHOENIX, AZ, March 24, 2022 – Ware Malcomb, an award-winning international design firm, today announced construction is complete on Griffin Realty Trust’s Crosspoint office building campus at 2022 N. 32nd Avenue in Phoenix, Arizona.

 Ware Malcomb provided the architecture and interior design services for the project.

“This project was a significant transformation of two 30-year-old, four story office buildings in North Phoenix," said Lynne Orlowski, Studio Manager, Interior Architecture and & Design.

“We strategically repurposed existing materials for the project and transformed the buildings into a modern, multi-tenant workplace with attractive amenities.” 


Kevin Evernham

"The result was an integrated office campus and a dynamic, multi-tenant solution in the market, and exactly what the building needed to be viable,” said Kevin Evernham, Regional Vice President.

“We were proud be part of Crosspoint’s revitalization efforts to upgrade the towers for current and future tenants.

The project’s construction was led by general contractor Ryan Companies, and landscape architecture was provided by Norris Design.

 

 

CONTACTS

           

Rachel Reenders

VP Public Relations,

 KCOMM for Ware Malcomb

rachel@kcomm.com

 Maria Rodgers, PR & Communications Manager, 949.660.9128, mrodgers@waremalcomb.com

 

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

Hold-Thyssen Completes 10-Year Agreement with Seacoast National Bank in Winter Park, FL

   

Darby Hold

 

WINTER PARK, FL  --- Hold-ThyssenInc., a full-service real estate services firm recently completed a ten-year lease agreement at 1031 W. Morse Blvd. for one of Seacoast National Bank’s most successful branches.

 

The publicly traded company based on Florida’s Treasure Coast with 45 branches in 15 Florida counties has renewed its lease of 11,363 rentable square feet at the sought-after Winter Park location.  


Anthony Fisher

Anthony Fisher, Vice President and Darby Hold, Senior Director for Hold Thyssen brokered the transaction representing both the Tenant, and the Landlord, Morse Boulevard Development Associates, LLC. 

 

Seacoast National Bank, with more than $5 billion in assets, recently celebrated 90 years in banking. 

 

Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. 

 

The 40-year-old firm’s current portfolio includes more than 100 commercial properties throughout the United States.

 

CONTACTS

           

Anthony Fisher, Vice President, Hold-Thyssen Real Estate Services,

407-691-0505, afisher@HoldThyssen.com

 

Robert P. Hold, Principal, Hold-Thyssen, Inc. 

407-691-0505, bhold@HoldThyssen.com

 

Beth Payan, Larry Vershel Communications Inc. 

407-461-3781 beth@larryvershel.com