Colliers International Completes 65-Unit Apartment Sale Totaling $11.980 Million in Costa Mesa, CA

COSTA MESA, CA, Oct. 11, 2011 – Colliers International, the second largest global real estate services organization, has completed the sale of 65-unit Casa Granada Apartments (top left photo) located at 400 Merrimac Way, Costa Mesa, Calif. The transaction is valued at $11.980 million.

 Pat Swanson, Vice President, based in Colliers’ Orange County office represented both the Seller, GBW Investments, and the Buyer, CT Realty Corp.

Built in 1968, Casa Granada Apartments offer pool, patios, garages and carports and are consisted 22 units of 1BD/1BA, 28 units of 2BD/1BA, 13 units of 2BD/1.5BA, and two units of 2BD/2BA, and one Studio (non-conforming).

 “We sold this apartment complex at a 5.0% cap rate,” said Swanson. “What made the deal attractive to the Buyer was the upside in rents, the potential to establish a "RUBS" program to bill back the tenants for water and trash, as well as the location, adjacent to Orange Coast College in West Costa Mesa.” 

Colliers International Sells the Former Metropolitan Water District Headquarters in Downtown Los Angeles

LOS ANGELES, CA, Oct. 11, 2011 – Colliers International, the second largest global real estate services organization, has completed the sale of a seven story mid-rise, 110,000-square-feet office building, which will be converted to residential housing. The property is located at 1111 Sunset Blvd., Los Angeles (lower right photo), and the transaction is valued at $6.8 million.

 Armando Aguirre, Senior Vice President, and Jesse Munoz, Senior Associate, both based in Colliers International’s Downtown Los Angeles office represented the Buyer, 1111 Sunset LLC, a Downtown Los Angeles-based real estate developer of mixed use, urban infill communities.

The Seller is 1111 Sunset Blvd., LP,  represented by Phillip Sample, Chris Caras and Brendon Monaghan of Grubb & Ellis.

The property was a portion of the former Metropolitan Water District Headquarters in the early 1990s. The seven story office building which has spectacular views of the city was previously entitled for residential.

It is proposed to be converted to +/- 92 Units of residential housing by the Buyer. It is conveniently located just west of the Harbor (110) Freeway and north of the Ventura (101) Freeway on the northwest border of both Downtown Los Angeles and Chinatown.

 *This transaction required a collaborative effort from all parties involved,” said Aguirre. “Both Buyer and Seller had to overcome difficult hurdles, including municipality regulations, title issues and challenging market conditions.”

 *The building is located where Angelino Heights and Chinatown (lower right photo) converge, bordering the Central Business District of Downtown Los Angeles.

This area, shadowing Dodger Stadium (middle left photo) above, provides excellent economic fundamentals with tremendous number of employment centers, transportation, and lies in close proximity to shopping and restaurants, and other major development projects,” added Munoz.

Contact:

Angela S. Hwang

Regional Marketing Coordinator | Greater Los Angeles

Dir +1 213 532 3258 | Mob +1 310 867 4105

Main +1 213 627 1214 | Fax +1 213 327 3258

angela.hwang@colliers.com

Colliers International

865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA

http://www.colliers.com/

Institutional Property Advisors Sells 77 Multi-Family Units in Glendale, CA

  

.GLENDALE, CA – Institutional Property Advisors (IPA), a recently formed multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of Legacy at Westglen (top left photo), a two-building, 77-unit apartment complex in Glendale. The terms of the sale were not disclosed.       

Ron Harris (middle right photo), an executive vice president, and Joseph Smolen (lower left photo), an associate director, both in Los Angeles, represented the seller, TIAA-CREF Global Real Estate and the buyer, Acacia Realty Corp.

“Even though Legacy at Westglen underwent moderate renovations in 2006-2007, there is still an excellent opportunity to add value to this asset by instituting a premier renovation program,” states Harris. “For the buyer, this asset provided a rare chance to acquire a high-quality stable apartment building in the desirable Glendale market.”

Built in 1984, the 80,766-square foot property is located at 1151-1161 Sonora Ave., within blocks of the local public elementary school. Shopping and entertainment are available within walking distance at Kenneth Village, a quaint shopping area featuring a variety of merchants and eateries.

Glenoaks Boulevard, a major thoroughfare lined with retail stores and restaurants, is one block south of the property. One of the highest-end retail facilities in the country, Americana at Brand, is less than five minutes away.

Legacy at Westglen features a sparkling swimming pool, a new fitness center, two spas, controlled subterranean parking, separate storage lockers, Wi-Fi access, a barbecue area, 24-hour laundry facilities and secure access controlled by an intercom.

Apartments at Legacy at Westglen have central heating and air conditioning, custom paint, new appliances, walk-in closets, mirrored sliding doors, garbage disposals, microwave ovens and dishwashers.

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

Emerson International Reports Four New Long Term Lease Agreements at CenterPointe Office Park in Altamonte Springs, FL and One at Sanlando Center in Longwood, FL

ALTAMONTE SPRINGS, FL. --- Emerson International recently closed on four new long term lease agreements at CenterPointe Office Park (top left photo) in Altamonte Springs and one at Sanlando Center (middle right photo) in Longwood.

Eric Emerson, vice president and general manager of Emerson International, said Sean Westcott, director of leasing and property management for Emerson International, negotiated all lease agreements.

Debt Mediators, LLC leased 1,193 square feet.

Neno Research, Inc. leased 1,333 square feet.

Consumer Business and Debt Research, Inc., leased 1,259 square feet.

Penthouse Acupuncture, LLC, leased 500 square feet.

Paradign Health, LLC leased 1,524 square feet.

For more information,  contact

 Sean Westcott, Director of Leasing and Property Management, Emerson International, Inc. 407-834-9560 swestcott@emerson-us.com;

Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com;

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

Chatham Lodging Announces Third Quarter Earnings Call to be Held Tuesday, Nov. 8, 2011

 PALM BEACH, FL, Oct. 11, 2011 - Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium-branded select-service hotels, today announced that it will report third quarter 2011 financial results on Monday, November 7, 2011, following the close of the market.

 On Tuesday, November 8, 2011, at 10 a.m. ET, Jeffrey H. Fisher (top right photo), Chatham’s chief executive officer, and Dennis M. Craven, its chief financial officer, will host a conference call to review third quarter 2011 financial results.

Shareholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Chatham’s Web site, www.chathamlodgingtrust.com, or www.streetevents.com, or may participate in the conference call by calling 1-877-941-6009, reference number 4479976.

 A recording of the call will be available by telephone until midnight on Tuesday, November 15, 2011, by dialing 1-800-406-7325, reference number 4479976.  A replay of the conference call will be posted on Chatham’s website.

 Additional information about Chatham may be found at www.chathamlodgingtrust.com.

Contacts:   

 Jerry Daly, Carol McCune, (Media) Daly Gray Public Relations, (703) 435-6293

jerry@dalygray.com                    

Dennis Craven, Chief Financial Officer, (Company), (561) 227-1386              

dcraven@cl-trust.com

Plaza Advisors Announces Sale of Towne Center Plaza in Sanford, FL

TAMPA, FL --Plaza Advisors is pleased to announce the sale of Towne Center Plaza (top left photo) in Sanford, Florida. This shopping center is situated adjacent to the Seminole Towne Center Mall on North Entrance Road in northern Seminole County.

Towne Center Plaza totals 82,098 square feet of gross leasable area and is anchored by Jo-Ann Superstore, Books-A-Million, Tuesday Morning and West Marine. The asset was constructed in 1998 and was fully leased at the time of sale.

 Plaza Advisors exclusively represented the seller in this transaction and co-managing partners Anthony Blanco and Jim Michalak, together with Senior Associate, Lenard Williams were involved in the engagement. The seller was a private partnership entity and the buyer was a private investment group based in North Miami.

Contacts:

Miami Office                                                  Tampa                        

Anthony Blanco                                            Jim Michalak

5201 Blue Lagoon Drive, Suite 846                      3412 Bay to Bay Boulevard

Miami, FL 33126                                                Tampa, FL 33629

OFFICE: 305-629-3606                                       OFFICE: 813-837-1300

FAX: 305-647-6441                                              FAX: 813-831-2627

Anthony.blanco@plazadvisors.com          Jim.michalak@plazadvisors.com        

EagleBridge Capital Arranges Mortgage For Canton, MA Warehouse/Distribution Building

Boston, MA -- EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2,720,000 for 115 Shawmut Road, Canton, Massachusetts (top left photo). 

The mortgage financing was arranged by EagleBridge principals Ted. M. Sidel (middle right photo)l and Brian D. Sheehan (lower left photo) who stated that the loan was composed of senior and junior financing with the permanent first mortgage provided by a regional financial institution.

115 Shawmut Road is located in the Shawmut Industrial Park.  The building is a 55,000 square foot multi-tenant warehouse/distribution building with a 21’ clear ceiling height.  Exterior walls are brick.  Routes I-93, I-95, and 139 are within a five minute drive.

115 Shawmut Road is 100% leased to three companies.  Tenants include Analog Devices, a leading NYSE listed manufacturer of high-performance integrated circuits used in analog and digital signal processing applications, Delta Beckwith, which designs, installs, and services elevators and escalators, and Akers Industries, a wholesale supplier of disposable latex gloves for various industries and work gloves. 

Mr. Sidel and Mr. Sheehan stated, “We are pleased that EagleBridge was able to structure very competitive long term financing that met the borrower’s needs.”

EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for industrial, office, and r & d buildings,  shopping centers, apartments, hotels, condominiums and mixed use properties as well as special purpose buildings.

Contact:  Ted Sidel, (617) 292-7177, Ext. 10, 33 Broad St., Boston, MA 02109.

Fax 617 292 7575

http://www.eaglebridgecapital.com/

Sukkah New York Festival Celebrated in Times Square by Stonehenge Partners

The first Sukkah in the Times Square District, titled Sukkah in the City, will be built by Stonehenge Partners (http://www.stonehengenyc.com), for the Jewish holiday.

Stonehenge Partners is an owner/operator of luxury apartment buildings in New York City.

New York, NY (PRWEB) Oct. 10, 2011 -- Stonehenge Partners, an owner and operator of luxury apartment buildings in New York City, announced today that it will build the first Sukkah in the Times Square district, titled Sukkah in the City, for the upcoming Jewish holiday.

This Sukkah will be located in the Ritz Plaza Firefighter’s Memorial Park (middle right photo) at 235 West 48th Street, between 8th Avenue and Broadway and adjacent to its luxury rental apartment building, The Ritz Plaza.

 It will be open to the public daily from 10:00AM to 8:00PM. During these hours, members of the community are welcome to bring their meals and eat in the Sukkah.

 In addition, Chabad Lubavitch of Midtown will have volunteers on site to welcome and inform the public about the meaning of the Sukkah and the Estrog and Lulav connection.

 The unique façade of Stonehenge’s Sukkah, which features giant sized sunflowers, lady bugs, and blue sky, takes its inspiration from the Sukkah City erected last year in Union Square.

Stonehenge also recognizes that the changing season is an opportunity to reconnect with our agricultural past, to reflect on a time of impermanence, and to celebrate Manhattan, and specifically Times Square, as a crossroad of culture.

“In the tradition of the Bryant Park Sukkah and synagogues throughout the city, Stonehenge is honored to open the first annual Sukkah in the heart of it all, Times Square,” states Stonehenge Creative Director, Michael Stern.

“The most important part of the Sukkot observation is warm hospitality, and Stonehenge is pleased to host New Yorkers under the branches of our Sukkah and our rooftops within the city’s skyline.”

About Stonehenge Partners

Founded in the early 1990’s by Ofer Yardeni (middle left photo) and Joel Seiden (lower right photo), Stonehenge Partners is a fully integrated real estate company based in New York. The firm which has 55 employees is primarily invested in Manhattan multifamily real estate.

Stonehenge, together with its investment partners, currently owns and manages a real estate portfolio valued at nearly $1.8 billion.

The portfolio is comprised of 19 properties representing approximately 3.2 million square feet, including 2,560 residential apartment units, office, retail and garage space.

For more information about Stonehenge Partners please visit http://http://www.stonehengenyc.com/.

Contact: Jonathan Fishman, Stonehenge Partners, 646-878-2004

HFF arranges acquisition financing for Estancia at Ridgeview Ranch in Plano, TX

DALLAS, TX – HFF announced today that it has arranged acquisition financing for Estancia at Ridgeview Ranch (top left photo), a 500-unit, Class A multi-housing community in Plano, Texas.

Working on behalf of Praedium Group and Mike Ochstein, president of Price Realty Corporation, HFF placed the loan with MetLife Real Estate Investments.  Loan proceeds were used to acquire the property.

Estancia at Ridgeview Ranch is located at 10200 Independence Parkway adjacent to the Ridgeview Ranch Golf Club between the Dallas North Tollway and North Central Expressway about 23 miles north of Dallas’ central business district. 

 Completed in 2007, the property has 23 apartment buildings with an average unit size of 1,076 square feet.  Community amenities include two pools, a car care center, playground, business center, fitness center and club room.  Estancia at Ridgeview Ranch is 94 percent leased.

The HFF team representing Praedium Group and Price Realty Corporation was led by senior managing director John Brownlee (middle right photo) and managing director Brian Carlton (lower left photo).

The Praedium Group is a real estate investor focusing on under-performing and under-valued assets throughout North America, with over $7 billion in total investments to date in more than 275 transactions comprised of 45 million square feet of commercial space and 55,000 multifamily units.

Price Realty Corporation was founded in 1991 and currently owns and manages more than 5,800 units in the Dallas/Fort Worth area.

Contact:

John S. Brownlee, HFF Senior Managing Director,  (214) 265-0880, jbrownlee@hfflp.com                                                                        

Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500

krmurphy@hfflp.com

HFF closes sale of 296-acre single-family development site in Kingwood area of Houston, TX

HOUSTON, TX – HFF announced today that it has closed the sale of Woodridge Forest (top left aerial photo) a 296-acre site planned for a single-family development in the Kingwood area of Houston, Texas.

HFF marketed the site on behalf of the seller, Wells Fargo Bank.  WR Forest, LLC purchased the property for an undisclosed amount. 

Woodridge Forest is located less than 1.5 miles east of US Highway 59 on Northpark Drive, adjacent to the Kingwood master planned community and close to Bush Intercontinental Airport in northeast Houston.  The property is planned for 800 single-family lots to be built in three phases. 

The HFF investment sales team representing the seller was led by managing director Davis Adams.

Contact:

Davis Adams, HFF Managing Director, (713) 852-3500, dadams@hfflp.com  

Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500

krmurphy@hfflp.com

HFF arranges $23.37 million financing for TownePlace Suites by Marriott hotel portfolio in Texas and Alabama

 DALLAS, TX – HFF announced today that it has arranged $23.37 million in financing for a five-property TownePlace Suites by Marriott hotel portfolio in Texas and Alabama. 

HFF worked on behalf of the borrower, GVM Hotel Partners, LLC to secure the three-year, adjustable-rate loan through Texas Capital Bank.  Loan proceeds were used to acquire the portfolio.

 GVM Hotel Partners, LLC is a joint venture of affiliates of Gatehouse Capital, Varro Hospitality and a private investor, which was formed to acquire and manage a portfolio of premium-branded, select-service, limited-service, and extended-stay hotels in major Texas markets. 

The TownePlace Suites by Marriot are located in Austin, College Station and Houston, Texas as well as Birmingham, Alabama.  In total, the hotels comprise 571 rooms and were built between 1999 and 2001.

The HFF team representing the borrower was led by directors Travis Anderson (top right photo) and John Bourret.

“HFF did a great job identifying and evaluating our credit options with the portfolio, in an interesting climate,” said Marty Collins of Gatehouse Capital.  “We couldn’t be more satisfied on placement and terms with Texas Capital.”

 Contacts

Travis Anderson, HFF Director,  (214) 265 0880, tanderson@hfflp.com                                                                                                         ,

John Bourret, HFF Director, (214) 265-0880, jbourret@hfflp.com                                                                                                 

Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com

 

Grubb & Ellis Represents World Wide Holdings in $49.7 Million Sale of 93 Worth St. in New York City’s Tripeca Neighborhood

 NEW YORK, NY (Oct. 10, 2011) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that members of its Investment Services group represented  World Wide Holdings in the sale of 93 Worth St (top left phto),  a 165,000-square-foot office building in the Tribeca neighborhood, to Izaki Group Investments USA (IGI-USA).  Total consideration was $49.7 million. 

 Vincent Carrega, executive vice president, Yoav Oelsner (middle right photo), executive vice president, Charles Kingsley (lower left photo), executive vice president, and Jason Meister, associate, represented World Wide Holdings in the sale. 

 The property is expected to become a high-end residential condominium building following renovations and restorations.  Plans call for the building to offer 96 units and a number of amenities, including onsite security, a gym, children’s playroom and lounge.  

“This office building was positioned as a redevelopment opportunity throughout the sale process, and with the need for residential condominiums in New York City’s Tribeca area to support growing demand, the sale was a great fit for the buyer and seller,” said Oelsner.  “Adding to its attractiveness for residential repositioning, the building is located in an area surrounded by a wide variety of amenities for future tenants.”

 “IGI-USA saw the sale of this building as the perfect canvass for a condominium redevelopment.  In a market with a dearth of new condo projects and a Tribeca location, 93 Worth St. was an incredibly appealing opportunity for the company,” said Oelsner.

 “We expect that by the time IGI completes the repositioning of this asset, it will be one of the most desirable condominium conversion projects to hit the market in some time.”

Constructed in 1924 and 1925, 93 Worth St. encompasses 12 stories situated atop more than 9,400 square feet of retail space.

  The property is located near Foley Square, the Federal Courthouse, New York Law School, the County Clerk of New York’s office and other municipal and educational institutions. 

 The building is also near the Broadway Corridor, which offers numerous shopping and dining options, as well as convenient access to public transit. 

 Contacts:        

Julia McCartney, 714.975.2230,  julia.mccartney@grubb-ellis.com   

Mary Ryan, 212.326.4747, mary.ryan@grubb-ellis.com  

          

Institutional Property Advisors Sells New USC Student Housing Complex in Los Angeles

LOS ANGELES, CA, Oct. 10, 2011 –Institutional Property Advisors (IPA), a recently formed multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of West 27th Place (top left photo), a newly built 161-unit, 392-bed student housing development located just blocks from the University of Southern California’s main campus. The terms of the sale were not disclosed.

 Ron Harris (middle right photo), an executive vice president investments in Los Angeles; Peter Katz, a a senior vice president investments in Phoenix; and Joseph Smolen (bottom left photo), an associate director in Los Angeles, represented the seller, a joint venture between CityView and Symphony Development, both based in Los Angeles. The buyer is New York-based Kayne Anderson Real Estate Advisors.

 “The USC market continues to be one of the most desirable markets in the Los Angeles MSA, with occupancy consistently in the high 90 percent range,” says Harris. “West 27th Place is LEED-registered and projected to achieve a platinum certification.”

“West 27th Place is the first brand-new, pedestrian-to-campus, mixed-use student housing development to close within a major coastal CBD in the sector during the past few years,” adds Katz.

“Core student housing assets, located on smaller sites in constraint-restricted submarkets at Tier I universities, create demand from both market rate and student housing institutional capital at risk adjusted, compressed cap rates and yields.” 

Built in 2011 and situated on the Figueroa Corridor, one of the most traveled roads in Los Angeles, the seven-story West 27th Place offers unmatched visibility, views, and national credit tenants.  

The property provides students with many high quality amenities, including a 24-hour state-of-art fitness center with tanning beds and a resort-quality saltwater pool and spa. The building is equipped with private study rooms on each floor, a 24-hour computer lab and a furnished game room with game tables and 50-inch flat screen televisions.

West 27th Place’s residences, unlike all other USC student resident facilities, come with a full-size washer and dryer in each unit. Units also feature gourmet kitchens with full appliance packages, granite countertops and custom cabinetry and finishes.

The apartments all have nine-foot ceilings and ample closet space and select units have walk-in or step-in closets. Approximately 95 percent of the units are furnished with a sofa, coffee table and entertainment center in the living area.

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

www.InstitutionalPropertyAdvisors.com

Marcus & Millichap facilitates sale of Family Dollar Store in Eagle Lake, FL . for $1.35 million

EAGLE LAKE, FL, Oct. 10, 2011 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Family Dollar (top left photo), a 9,180-square foot single-tenant, net-leased property located in Eagle Lake, Fla., according to Bryn D. Merrey, vice president and regional manager of the firm’s Tampa office. The asset commanded a sales price of $1,350,000.

Benjamin Berry and Michael J. Jaworski, retail specialists in Marcus & Millichap’s Tampa office had the exclusive listing to market the property on behalf of the seller, a Florida-based developer. 

 The buyer, a private investor from Palm Bay, Florida, was secured and represented by James Hoggatt, an investment specialist in Marcus & Millichap’s Jacksonville office. 

This freestanding Family Dollar was built in 2009 and is located at 351 South 5th Street near the Lakeland/Orlando MSA.

“The market is on fire for Dollar Stores,” says Jaworski.  “We were able to sell a double-net lease deal with only eight years remaining. That’s how strong the demand is for Dollar Stores these days,” added Jaworski.

Press Contact: Bryn D. Merrey, Vice President/Regional Manager, Tampa

(813) 387-4700

Stewart Lender Services Offers Foreclosure Review Services

HOUSTON--(BUSINESS WIRE)--Stewart Lender Services (SLS), a wholly owned subsidiary of Stewart Title Company, now provides nationwide foreclosure file processing reviews for mortgage servicers to ensure their compliance with standard foreclosure practices.

“All eyes are on the mortgage industry right now,” said Jason Nadeau (top right photo), president of Stewart Lender Services. “We assist our clients in evaluating their loans to determine compliance with accepted loss mitigation timelines and foreclosure practices. Stewart Lender Services combines experience, solid technology and flexible infrastructure to customize the review process for each lender’s specific requirements.”

He added, “Customizable aspects of the review process include operational reviews around prudent servicing practices, loss mitigation processes, payment application, allowable fees and expenses, judicial and non-judicial processes and title-related vesting reviews.”

For more information on the new foreclosure review services, contact lenderservices@stewart.com.

More information can be found at http://www.stewart.com/, or by visiting the Stewart blog at http://blog.stewart.com/, following Stewart on Twitter @stewarttitleco, becoming a member of the Stewart Title group on LinkedIn, or liking Stewart on Facebook at http://www.facebook.com/StewartTitleCo.

Contacts

Stewart Information Services Corp.

Ted C. Jones, 713-625-8014

Director-Investor Relations

ted@stewart.com

http://www.stewart.com/

Hilton Worldwide Earns ISO 9001 and ISO 14001 Certifications for Quality and Environmental Management

MCLEAN, Va.--(BUSINESS WIRE)--Due to its advancements in quality assurance and sustainability standards, Hilton Worldwide and its portfolio of 10 hotel brands has earned ISO 9001 certification for Quality Management Systems and ISO 14001 certification for Environmental Management Systems.

 With these certifications, Hilton Worldwide becomes one of the first multi-national organizations to certify its entire system globally – more than 3,750 properties in 85 countries – achieving one of the largest ever volume certifications of commercial buildings.

“Hilton Worldwide has built both quality and sustainability into our overall performance standards and operational procedures,” said Christopher J. Nassetta (top right photo), president and chief executive officer, Hilton Worldwide.

 “While our commitment has continuously been recognized by our guests, team members and owners, obtaining ISO 9001 and 14001 certifications further validates that commitment and recognizes the company’s commitment to meeting globally recognized standards.”

 For more information about the company, visit www.hiltonworldwide.com or connect with Hilton Worldwide at www.hiltonworldwide.com/media.

Contacts

Hilton Worldwide

Scott Carman, +1-703-883-5803

scott.carman@hilton.com

www.hiltonworldwide.com/media