Capmark Financial Group Inc. Announces Sale of LIHTC Asset Portfolio to Hunt Companies

HORSHAM, PA--(BUSINESS WIRE)--Capmark Financial Group Inc. (the “Company”) announced that it closed on the sale of its low-income housing tax credit (“LIHTC”) asset portfolio to the Hunt Companies, Inc., a leading national real estate services company headquartered in El Paso, Texas (“Hunt”).

 Hunt was the successful bidder in the Company’s bankruptcy auction of these assets for a total price of $102.4 million.

Under the terms of the purchase agreement the transaction will be closed in stages, with $63 million of the total included in the initial closing completed Friday, October 7.

 It is anticipated that subsequent purchases would be completed for the remainder of the portfolio, subject to receipt of certain required third party consents and satisfaction of other conditions. A break-up fee of approximately $2.8 million was paid to the stalking horse bidder in the auction.

Thomas L. Fairfield,  Chief Operating Officer of the Company, said, “We are pleased to complete this transaction, which is consistent with our strategy of disposing of our LIHTC operations over time. We believe that Hunt will be a good long term partner for the investors and other counterparties with interests in the LIHTC funds involved in the transaction.”

Additional information about Capmark can be found on the Company’s website at http://www.capmark.com/

Contacts, Capmark, Thomas L. Fairfield, 215-328-1555

Green River Capital Recognized Among Top Ten Fastest Growing Companies in Utah

CHICAGO, IL--(BUSINESS WIRE)--Green River Capital (GRC), an REO asset management and loss mitigation provider for mortgage servicers, investment firms, credit unions and banking institutions, announced at the Mortgage Bankers Association’s 98th Annual Convention and Expo that the company has experienced record growth this year, including a 71 percent increase in monthly closings from August 2010 to August 2011.

In addition to the increase in closings, during the same time span GRC increased its commercial assets by 300 percent and its total assets by 90 percent. Also, the short sale assets of Green River Financial, GRC’s sister company, have grown by 46 percent in the past year. In August Utah Business magazine recognized GRC’s growth, naming the company as one of the top ten fastest growing companies in Utah.

During a year of economic and housing market challenges, GRC has positioned itself to meet the mortgage industry’s growing need for asset management, as well as loss mitigation services.

As the industry works to redefine lending and the effective management of risk and assets, GRC and its sister companies, Green River Financial (GRF) and Infinity Valuation Services (IVS) will evolve to best serve clients. With the addition of industry veteran Lorenz Schwarz as chief operating officer, the companies are poised for continued growth.

“This year, with the dedication of the GRC staff and our nationwide team of real estate agents and professionals, we have experienced significant and ongoing growth,” said Joe D’Urso (top right photo), president of Green River Capital. “We appreciate the recognition by Utah Business magazine for our recent success. I truly consider it a testament to our commitment to evolve our business model and offerings as the needs of our clients, as well as the industry, change.”

For more information, visit http://www.greenrivercap.com/.

Contacts, For Green River Capital, Charlyne H. McWilliams, 301-933-5567

Or Sheryl Gudelsky, 678-781-7229

IndiSoft Launches MortgageRx to Answer Needs of Servicers

CHICAGO, IL--(BUSINESS WIRE)--IndiSoft, a leading technology development firm that focuses on systems for the default services industry, announced today at the 98th Annual MBA Convention and Expo that it has launched MortgageRx, the latest addition to IndiSoft’s RxOffice® platform.

 MortgageRx provides the access and process transparency required to meet the growing need for efficiency and productivity as servicers struggle to maintain profitability in the face of an increasingly difficult mortgage climate.

“There have been so many active discussions regarding how servicers can better meet the needs of borrowers and investors while providing often multiple insights to their internal processes for regulatory reasons,” said Karun Khanna (top right photo), COO at IndiSoft. “MortgageRx can enhance a servicing shop’s efforts to adapt to a challenging regulatory and financial environment in a timely fashion.”

Columbia, Md.-based IndiSoft LLC develops, licenses and supports a wide range of SaaS solutions for the financial services industry, including RxOffice Legal, RxOffice Mortgage Insurer and RxOffice Reporting Portal.

 For more information about IndiSoft,  visit its Web site at http://www.indisoft.us/.

 Contacts  For IndiSoft, Charlyne H. McWilliams, 301-933-5567

Or Sheryl Gudelsky, 678-781-7229

Cuhaci & Peterson Architects completed Two New Restaurants at Miami International Airport

ORLANDO, FL --- Cuhaci & Peterson Architects LLC, based in Orlando’s Baldwin Park, recently completed two new restaurants at Miami International Airport.

Lonnie Peterson, chairman at Cuhaci & Peterson Architects, said both restaurants – Bacardi (top left photo) and Counter – are 1,800 square feet each.  The developer is HMS Host.

For more information, contact:  

Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC, 407-661-9100;  

Jed Downs, President Cuhaci & Peterson Architects, LLC, 407-661-9100;  

Larry Vershel or Beth Payan, Larry Vershel Communications, Inc. 407-644-4142, lvershelco@aol.com   

ARA’s Central Florida Team Represents T.I.C in Sale of 242-Units

Tallahassee, FL (Oct. 10,š 2011) — The Jacksonville office of Atlanta-headquartered ARA, the largest privately held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, announces the sale of Jackson Square Apartments (top left photo), a 242-unit, Class “A” garden apartment community located in the Thomasville submarket of Tallahassee, FL.

 ARA Central Florida-based principal, Kevin Judd (middle right photo) and vice presidents Patrick Dufour (lower left photo) and Matt Wilcox represented the T.I.C seller in the $21.7 million transaction.š The property was 95% occupied at the time of the sale.š

 “By their nature, TIC sales can be challenging due to the high number of constituents involved in the decision making process.š In this case, the TIC was comprised of a total of 40 individual investors who had to approve the sale.š Further complicating the process was the limited reps and warranties for the buyer.š Due to the nature of the TIC structure, the seller’s ownership entity evaporates after the sale.” said Tampa-based Dufour.šš

”The Jackson Square transaction is representative of the types of deals leveraged buyers are seeking,” said Jacksonville-based Wilcox. “The property is in a ‘Core,’ infill location with immediate access to all the Class “A” retail and neighborhoods in the northern portion of the city. With some slight repositioning and capital infusion, the property stands to perform well as the Tallahassee market’s pipeline is limited and the employment sector is stable due to the Universities and State Government.”

Constructed in 1996, Jackson Square is located less than three miles from downtown Tallahassee and its largest employment sector; the state government.š As the state’s capital, the state government employs approximately 46,000.š Additionally, Florida State University, the third largest in the state, is located just three miles north of the apartment community.

 To schedule an interview with an ARA executive regarding this transaction or for more information about ARA, nationally please contact Lisa Robinson at lrobinson@ARAusa.com, 678.553.9360 or Amy Morris at amorris@ARAusa.com, 678.553.9366; locally, Marti Zenor at mzenor@ARAusa.comš or 561.988.8800.šš

 For detailed information on ARA’s extensive multihousing investment services, visit http://www.arausa.com/.

ARA Announces the Sale of Shadow Lakes Apartments, an REO Asset in Ormond Beach, FL

Ormond Beach, FL (Oct. 10, 2011) — Atlanta-headquartered ARA, the largest privately held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, announces the sale of Shadow Lakes Apartments (top left and bottom left photos), a 184-unit REO community located just north of Daytona Beach, FL.š

 ARA Orlando-based principal, Kevin Judd; ARA Tampa-based vice president, Patrick Dufour, and ARA Jacksonville-based vice president, Matt Wilcox, represented the undisclosed seller in the transaction which marks only the second multifamily transaction of 2011 in the Melbourne- Daytona area.š Shadow Lakes was 92% occupied at the time of the sale.š

 “The REO asset, which was foreclosed upon in June 2010, provides significant upside potential from both property performance improvements and value-add physical enhancements presenting an excellent opportunity for the buyer to generate significant long-term returns,” noted Kevin Judd.š Beachwood, OH-Based Soclof Enterprises, a local commercial real estate investment firm, purchased the property for an undisclosed amount.

Located less than three and one-half miles from the beach, Shadow Lakes is also within close proximity to major thoroughfares including US-1 & I-95, and employers such as the Ormond Beach Municipal Airport, Ormond Beach Airport Business Park and Ormond Crossings, a 3,000-acre planned mixed-use development set to include 4.8 million square feet of industrial, commercial and office space.š

Ormond Crossings has the potential to create 11,000 new jobs with nearly $93 million in total economic impact.

 Built in 1975 and located at 500 Shadow Lakes Boulevard in Ormond Beach, the Shadow Lakes community offers six floor plans which average 813 square feet and unit amenities which include large screened in porches, laminate flooring, ceramic tile, breakfast bars, ceiling fans, oversized closets, lake views, dishwashers and more.š A clubhouse, pool, fitness center and laundry facilities are included as part of the community amenity package.š

To schedule an interview with an ARA executive regarding this transaction or for more information about ARA, nationally please contact Lisa Robinson at lrobinson@ARAusa.com, 678.553.9360 or Amy Morris at amorris@ARAusa.com, 678.553.9366; locally, Marti Zenor at mzenor@ARAusa.com or 561.988.8800.šš

 For detailed information on ARA’s extensive multihousing investment services, visit http://www.arausa.com/.

Bangkok's Landmark Rembrandt Hotel Showcases Famous Chefs' Classic Indian Cuisine in Week-Long Presentation

Bangkok, Thailand, Oct. 09, 2011 --(PR.com)-- As part of Rembrandt Hotel’s continuing tradition to celebrate Indian Grande Cuisines and showcase Indian culinary heritage, Rembrandt Hotel (top left photo)is delighted to present the special Indian Cuisine for dinner only, during October 13th – 22nd at award-winning Rang Mahal Restaurant (top right photo) on the 26th floor.

Bringing you the authentic taste of legendary cuisines by the world famous Master Chefs Irfan and  Ashfaque Qureshi (middle left photo, Irfan on left)). The Quershi is chefs' family of Great Nawabs which unearthed the secret of the unique flavors of Frontier Cuisines.

The Qureshi’s name has been synonymous to the fine dining for over 200 years since they have been in operation.

A great deal of time and effort has been spent in researching and developing cuisine from the corner of the vast sub-continent. They proudly implement and execute the best recipes. They are also international acclaimed for creating the world famous Bukhara Restaurant, one of the best Indian Restaurants.

The unique gourmet event brings together famous Awadh, Peshawar and Hyderabad specialty. Two special cuisines perfected by Qureshi are categorized as Heritage Cuisine - Frontier and Dum Pukht.

The Qureshi brothers will work with Chef Rajan, Rang Mahal’s chef, to produce brilliant dinners. The food will be expertly matched with fine wines from Granmonte Winery and will bring in a fresh, new and vibrant cuisine never before seen in Southeast Asia to the critically acclaimed Rang Mahal.

Chef Ashfaque and Chef Irfan Qureshi  currently work at Grande Cuisines of India, a leading food consultant company. They provide consultancy to hotels and restaurants in the field of Heritage Cuisines. They also have been cooking superb meals for many prestigious customers, including the former Indian Prime Minister, Shri Atal Bihari Vajpaye (lower right photo).

Rembrandt reward members who dine during the festival will get a special discount and priority reservations. Reserve a table at Rembrandt Hotel call 66(0) 2261-7100 or book a table via facebook.com/Rembrandtbkk.

For more information, please contact F&B department call +66 (0) 2261-7100 extension 7501 or email to fbsec@rembrandtbkk.com

About Rembrandt Hotel & Towers

Rembrandt Hotel offers luxury, outstanding services, and facilities to satisfy all travelers to Bangkok, Thailand.

The property is conveniently located in Bangkok’s Sukhumvit district (lower left photo), near the central business district as well as shopping attractions, city landmarks and vibrant nightlife.

Rembrandt has been a landmark on Sukhumvit since its construction by a Nishimatsu Construction Company to Japanese earthquake resistance standards over a decade ago.

This quality Bangkok Hotel is just a short 5 minute walk to the Asoke sky train (BTS) and Sukhumvit metro (MRT) system. It is a great location for both tourists and business travelers, who will find easy access to all of Sukhumvit and Bangkok.

Contact:

Rembrandt Hotel & Towers

Sirirat Petpranomporn

+66 02261 7100

www.rembrandtbkk.com

e-sales@rembrandtbkk.com

Crump Tops Team @ Linda Craft & Team, REALTORS® Earns Agent of the Month Honors for August

Raleigh, NC, Oct. 08, 2011 --(PR.com)-- Linda Craft & Team, REALTORS® announces that Kim Crump (top right photo) has earned the Agent of the Month honors for the month of August 2011, narrowly nudging out teammate Juan Matta (middle left photo) in a tie-breaker based on overall sales volume. Crump joined the team in the early part of 2011, continuing her four year Real Estate Career.

“We enjoy a friendly competition each month among the team,” said Broker in Charge Katherin Burnette (bottom right photo). “It’s usually a tight race down to the final days of the month. It is unusual to have to invoke a tie-breaker, however, this is the 2nd time agents have done gone down to the wire this year.”

Kim’s varied career includes growing up in a family with a custom builder (her father), Fashion, Design and Small Business studies and time as a dancer with production companies throughout southeast Asia and her native Australia. Kim and her family have called North Carolina her home since 2003.

Linda Craft & Team, REALTORS®, the Triangle’s Top Ranking real estate firm and Corporate Real Estate Sponsor for the Carolina Hurricanes has been helping individuals and families find a place to call home in all price ranges for over 26 years.

A Certified Distressed Property Expert (CDPE), Certified Investor Agent Specialist (CIAS) and Certified Residential Specialist (CRS), Linda Craft has helped over 5,000 people maximize profits and minimize costs in the sale or purchase of a home.

Whether you are buying your first home, dream home, investment property or need to sell for the highest value, the Linda Craft Team has the experience you need to achieve your real estate goals in the Greater Raleigh Area.

For more information, please call 919.235.0007 or visit http://www.lindacraft.com/.

Contact:

Linda Craft & Team Realtors

Cameron Knowles

919-408-9672

www.lindacraft.com

Katherin Burnette, 919-235-0007

Mercantile Capital Corp. Provides Commercial Real Estate Loan in Augusta, GA Worth Over $3.7 Million

Altamonte Springs, FL, Oct. 08, 2011 --(PR.com)-- Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Masters Hotel Group, LLC dba Comfort Inn & Suites recently for $3,733,800 in total project costs.

This Comfort Inn & Suites has 61 rooms, includes a large lounge area, business center and laundry center that is free of use for the guests, as well as complementary breakfast. It is located just outside the main gate of Fort Gordon, a signal center of the U.S. Army with over 20,000 soldiers on active duty, which greatly affects hotel occupancy.

“With things the way they are in the economy right now, I was unsure if this project would even be possible," said co-owner, Ravi Murugappan. “But Andie Shato [of Midwest Business Capital] and the people at Mercantile Capital Corporation pulled it off and all worked together to make this happen for us.”

The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, like Comfort Inn & Suites, have an opportunity to create wealth and financial freedom.

Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers, like Ravi Murugappan and Shan Sundaram, to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.

For more information, visit http://www.thesmartchoiceloan.com/ and http://www.504blog.com/.

Contact:  Mercantile Capital Corporation, Chris Hurn, 407-786-5040

www.504experts.com

WNC Provides $10 Million in Tax Credit Financing for Development of New Jersey’s New Brunswick Wellness Plaza in “Food Desert”

Irvine, CA, Oct. 08, 2011 --(PR.com)-- WNC & Associates, Inc., a national investor in urban renewal and affordable housing projects, has provided $10 million in New Market Tax Credit (NMTC) financing to Ferren Urban Renewal Associates, LLC for the development of the 1.6 acre New Brunswick Wellness Plaza in downtown New Brunswick, N.J.

The $103 million project, to be located in a federally designated “food desert,” will include the area’s only full-service supermarket, a community fitness center and a 1,275-space public parking facility. The project will bring more than 700 jobs to the city.

A “food desert,” which the location has been designated by the U.S. Department of Agriculture, is defined as an industrialized area lacking options for healthy, affordable food.

The 49,000 square-foot supermarket will be operated by The Fresh Grocer, a chain of grocery stores dedicated to providing quality, healthy food at affordable prices.

The 62,000-square-foot RWJ Fitness & Wellness Center will include state-of-the-art fitness equipment, an aquatic center, and dance and fitness studios. The facility also will offer free preventative health and wellness-related community events to local residents, including healthy cooking, diabetes management, obesity prevention, and parenting.

“The NMTC program was designed to bring favorable financing to low-income communities that do not have readily available access to capital,” said David Shafer, executive vice president of WNC, who oversaw the development of the transaction.

 “WNC is honored to have participated in this very important development that will bring needed employment, health services, and a full-service supermarket to New Brunswick.”

The Wellness Plaza will provide direct access to the New Brunswick Train Station (lower left photo), accessible from both local and regional bus routes. It is designed to strengthen connectivity among mass transit, jobs and housing; increase local economic activity; improve health and well-being; and enhance sense of place and community.

Job projections for the development include approximately 350 direct construction jobs and approximately 370 permanent jobs for New Brunswick.

The developer, Ferren Urban Renewal Associates, LLC, is a partnership of New Brunswick Development Corporation, a non-profit development company, and Pennrose Properties, LLC, one of New Jersey’s premier developers. NMTC allocations for the development totaled $35 million and were funded entirely by Wells Fargo & Company.

Additional information is available at http://www.wncinc.com/.

 Contact: WNC & Associates, Inc., Jessica Fix, 714.662.5565

Inland Real Estate Corp. Issues Shares of 8.125% Series A Cumulative Redeemable Preferred Stock

OAK BROOK, IL--(BUSINESS WIRE)--Inland Real Estate Corporation (NYSE: IRC) today announced that on October 6, 2011, it issued 2,000,000 shares of its 8.125% Series A Cumulative Redeemable Preferred Stock (Series A Preferred Stock) at a public offering price of $25.00 per share, for net proceeds of approximately $48.4 million, after deducting the underwriting discount but before expenses.

 The Company offered and sold the shares pursuant to an effective registration statement under the Securities Act of 1933.

The Series A Preferred Stock has been approved for listing on the New York Stock Exchange under the symbol “IRCPrA,” and admission to trading is expected to occur on October 10, 2011.

Wells Fargo Securities and BofA Merrill Lynch acted as joint book-running managers for the offering. BMO Capital Markets and KeyBanc Capital Markets acted as senior co-managers for the offering, and Deutsche Bank Securities, Janney Montgomery Scott and Macquarie Capital acted as co-managers for the offering.

Contacts

Inland Real Estate Corporation (Investors/Analysts):

Dawn Benchelt, Investor Relations Director

(630) 218-7364

benchelt@inlandrealestate.com

or

Inland Communications, Inc. (Media):

Joel Cunningham, Media Relations

(630) 218-8000 x4897

cunningham@inlandgroup.com

DDR Executing on Redevelopment Strategy with Walmart at Four Shopping Centers

BEACHWOOD, OH /PRNewswire/ -- DDR Corp. (NYSE: DDR) has announced plans to redevelop four shopping centers by adding two new Walmart stores in Florida and expanding two existing stores in Ohio and Puerto Rico.

"These projects will deliver desired growth opportunities to the world's most successful retailer and further strengthen DDR's relationship with its largest tenant," said Paul Freddo (top right photo) senior executive vice president of leasing & development for DDR.

 "This is another example of our strategy to align with best-in-class retailers and focus on redevelopment as a significant driver of corporate growth."

DDR is making a combined gross investment in these projects of approximately $20 million. The company expects the return on investment to exceed the 10 percent return threshold for redevelopment projects. These projects will be funded with retained cash flow and recycled capital from the continued disposition of non-prime assets.

At DDR's The Shops at Midtown Miami (middle left photo), a 645,000 square-foot mixed-use center in Miami, Florida, Walmart plans to build a 160,000 square-foot store on a currently undeveloped five-acre parcel adjacent to the existing center which currently features Target, Marshalls, HomeGoods, PetSmart, Ross Dress For Less and The Sports Authority. The addition of Walmart at this prime center will further establish Midtown Miami as a dominant shopping and entertainment destination in the city.

At DDR's Tarpon Square (middle right aerial photo) in Tarpon Springs, Florida, located in the Tampa-St. Petersburg MSA, Walmart has purchased a former Kmart location and will open an 85,000 square-foot store. The replacement of an underperforming Kmart with a new Walmart featuring a full line of grocery products will significantly drive traffic and improve leasing and co-tenancy at the center.

Walmart also plans to expand their existing stores at Southland Crossings (bottom left aerial photo) in Boardman, Ohio, and Plaza Palma Real in Humacao, Puerto Rico, to include a full line of grocery products driving significant additional traffic and business at the centers.

DDR is an owner and manager of 546 value-oriented shopping centers representing 126 million square feet in 41 states, Puerto Rico and Brazil.

The company's assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value.

 DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the company is available at www.ddr.com.

Contact:: Marty Richmond, Vice President, Marketing and Corporate Communications, or Samir Khanal, Senior Director of Investor Relations, +1-216-755-5500, both of DDR

Web Site: http://www.ddr.com

The Lightstone Group Announces 10-Year Lease Renewal at Martintown Plaza in North Augusta, SC

NORTH AUGUSTA, S.C., Oct. 1 /PRNewswire/ --The Lightstone Group, one of the largest private real estate owners in the country, announced today that Joon Enterprises (d/b/a North Augusta Wine and Beverage) has signed a 10-year extension of term for retail space at Martintown Plaza (top left photo) in North Augusta, S.C.

"We are pleased that Joon Enterprises has elected to stay at Martintown Plaza for the next 10 years," stated David Lichtenstein (lower  right photo), chairman of The Lightstone Group. "The center has a great tenant mix that is well received in the area."

 The 144,172-square-foot Martintown Plaza is located at 1115-1139 Knox Road at the northeast corner of Martintown Road. The heavily trafficked strip center lists Office Depot, Dollar General, Sonic and Ruby Tuesday among its tenants.

"Martintown Plaza is a prime retail location with a number of top-name tenants on the roster," said Jeffrey Dash, vice president of leasing for The Lightstone Group. "It is located on a coveted retail corridor that has a consistent flow of traffic."

To learn about leasing opportunities at Martintown Plaza or other retail centers owned by the Lightstone Group, please contact Jeffrey Dash at jdash@lightstonegroup.com or by calling 908-688-8300.

Media contacts: Christa Segalini, +1-201-465-8021, csegalini@beckermanpr.com, or Ryan Smith, +1-201-465-8023, rsmith@beckermanpr.com

Web Site: http://www.lightstonegroup.com/

Justin White Named Acting Regional Manager of Marcus & Millichap’s Seattle Office

SEATTLE, WA – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Justin C. White (top right photo) acting regional manager of the Seattle office, according to John. J. Kerin (bottom right photo), president and chief executive officer of the firm.

White replaces former Seattle vice president and regional manager, Gregory Wendelken (middle left photo), who has left the firm.

“Justin brings a great deal of knowledge and expertise to his new managerial role, which he gained while overseeing other offices in the Pacific Northwest, as well as Long Beach and West Los Angeles,” says Kerin. “He will be a great resource for our clients and investment professionals as we continue to grow in the Puget Sound region.”

In addition to serving as acting regional manager of Seattle, White oversees the Portland, Ore.; Reno, Nev.; and Sacramento, Calif., offices of Marcus & Millichap as vice president of the Pacific Northwest, a position he has held since June.

White began his career with Marcus & Millichap in the fall of 1999 as an agent in the Long Beach office, specializing in multifamily investment properties. He was promoted to sales manager and then to regional manager of the firm’s Long Beach office in 2003. In April 2008, he was elected vice president. White was also the regional manager of Marcus & Millichap’s West Los Angeles office.

“I am very excited about the success we are having in the Seattle market,” explains White. “Our sales agents and loan originators are some of the finest real estate professionals in the Puget Sound region, and they are committed to providing the best value-added brokerage platform to our private and institutional investor clients,” continues White.

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

CLW Health Care Services Group Brokers Sale of Woodland Terrace in Cary, NC

TAMPA, FL -- CLW Health Care Services Group is pleased to have represented affi liates of Walton Street Capital, L.L.C. and Kisco Senior Living, LLC in the sale of Woodland Terrace (top left photo), a fully-stabilized Senior Housing property located in Cary, North Carolina.

The property was purchased by a Prudential-related entity and Kisco Senior

Living, LLC, who will continue to manage the property.

UNIT MIX

24 Independent Living Cottage Homes

80 Independent Living Apartments

36 Assisted Living Units

36 Memory Care Units

176 Total Units

PROPERTY SIZE

21.6± acres

BUILDING SIZE

221,290± total gross SF

YEAR BUILT

1999 (additions in 2008-2009)

Contact: Allen McMurtry • 813.349.8349 • amcmurtry@clwrg.com