Island Hospitality Opens Three WaterWalk Properties

 

Gregg Forde

 WEST PALM BEACH, FL, June 12, 2023 - Officials of Island Hospitality Management, a leading third-party management company specializing in select-service and upscale extended-stay hotels, announced the opening of three, new properties: the 126-room WaterWalk Phoenix North Happy Valley, 126-room WaterWalk Atlanta Perimeter Center and 126-room WaterWalk Boise Meridian.

126-room WaterWalk Phoenix North Happy Valley

The properties epitomize the brand's commitment to providing flexible accommodations, practical amenities and modern living spaces.

 

Guests can enjoy spacious furnished and unfurnished suites featuring fully equipped kitchens and convenient in-room washer and dryer facilities.

126-room WaterWalk Boise Meridian

With their prime locations in vibrant and growing cities, the WaterWalks cater to the needs of both business and leisure travelers, offering sensible solutions for guests. 

Together, the three properties boast a total of 380 suites, bolstering Island's presence in new urban markets while attracting a mix of special events, corporate bookings and group business.

 

"We have eagerly anticipated the launch of these exceptional hotels in thriving markets," remarked Gregg Forde, president and chief operating officer of Island Hospitality Management.

126-room WaterWalk Atlanta Perimeter Center 

"Drawing on our internal expertise, we have assembled an exceptional team of leaders and forged valuable business connections through our trusted network and corporate partnerships, ensuring a swift and successful ramp-up for these properties."

 

Island Hospitality Management has experienced a productive first half of the year and anticipates maintaining its momentum as it ventures into the remainder of 2023. 

 

 CONTACT:

 

Chris Daly (Media)

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.islandhospitality.com.

 

NewMark Merrill Companies Hires 30-Year Commercial Real Estate Veteran Lance W. Taylor As Vice President of Acquisitions & Development for Mountain States Division

 

Lance W. Taylor

 Westminster, CO, June 12, 2023 – NewMark Merrill Companies, Inc., a Calabasas, California-based retail shopping center owner and development company, is pleased to announce it has hired 30-year commercial real estate veteran Lance W. Taylor as Vice President of Acquisitions and Development for the firm’s Mountain States Division. 

 

Taylor will be tasked with sourcing and overseeing acquisitions of properties and identifying & managing new development projects in the Mountain States region. NewMark Merrill Mountain States currently owns and operates 10 retail centers encompassing 1,500,000 square feet in Colorado. 

Sandy Sigal

Taylor joins NewMark Merrill with an impressive track record in acquisitions and development. Most recently he served as Principal of Real Estate Investments and Development for SL Taylor Investments LLC.

 

Previously, he served as a Director at EB Arrow where he spearheaded the $70 million renovation of the Burbank Town Center, which included pursuing California Environmental Quality Act (CEQA) approval to convert a vacant IKEA to 1,100 new residential units.

Burbank Town Center, Burbank, CA

He has also held senior level roles with Deutsche Bank Asset & Wealth Management, Jones Lang LaSalle, Stream Realty Partners, and Goldman Sachs.

 

"Lance is a great addition to our Mountain States Division as we look to expand our presence in the region," stated Sandy Sigal, President and Chief Executive Officer of NewMark Merrill Companies.

 

 "His track record, experience, and knowledge are an exceptional fit as we continue to grow in this evolving industry. Additionally, he will mesh well culturally with our team.”

 

Lance has relocated and will be officing out of the NewMark Merrill Mountain States office in Westminster, Colorado.

  

Lance earned a bachelor’s degree in marketing from the University of Texas. He is a member of ICSC and is a Certified Commercial Investment Member (CCIM).

 

 

 CONTACT:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

JLL Capital Markets arranges sale of the 117-unit / 347-bed Vue on MacGregor student housing community near University of Houston in downtown Houston, TX

 

Teddy Leatherman

 DALLAS, TX – JLL Capital Markets has closed the sale of Vue on MacGregor, a 117-unit / 347-bed student housing community near the University of Houston, the third largest university in Texas. The price was not disclosed.

 

JLL worked on behalf of the seller, Trimont, LLC and procured the buyer, Axonic Properties, LLC.

Danielle Rice

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Directors Teddy Leatherman and Scott Clifton, Director Kevin Kazlow and Analyst Danielle Rice.

 

“We are excited to expand our student housing portfolio in Houston, which is now a member of a power five conference starting this year,” said Jonathan Shechtman, Managing Principal at Axonic Properties.

Scott Clifton

Built in 2014, the 96.3% occupied property features fully furnished one-, two-, three-, four- and five-bedroom units ranging from 369 square feet to 1,128 square feet.

 

The units include in-unit washers and dryers, stainless steel appliances and granite countertops.

 

Community amenities include dedicated study rooms, a swimming pool, two fitness centers, a business center, free community-wide Wi-Fi and cable, dog park and prime views of Downtown from an upper view deck.

 

Situated at 4460 South MacGregor Way, Vue on MacGregor is 0.5 miles from the University of Houston campus and a 15-minute drive from downtown Houston, which features 52 million square feet of office space.

Kevin Kazlow 

The property is ideally set in a quiet enclave near MacGregor Park, a short walk or shuttle ride to classes and only a few miles from the light rail providing access to Downtown.

 

Both Griggs Road Shopping Center and The Trail Shopping Plaza are a five-minute drive from the property. Additionally, residents have easy access to the greater Houston metro via nearby Interstate 45.

 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

Jonathan Shechtman

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

For more news, videos and research resources on JLL, please visit our newsroom.

 

 

CONTACT:

 

Jenna Sharp

JLL, Public Relations

Dallas, Texas

M +1 214 394 3356

Jenna.Sharp@jll.com