Tuesday, November 5, 2013

Trepp Reports CMBS Post Solid Gains Across the Board in October




NEW YORK, NY -- The CMBS market posted nice gains across the board in October, helped by the resolution of the debt ceiling fight (for now) and more conviction that Fed bond buying will remain in place for the foreseeable future.

The settlement on both matters, which weighed on investors in September, helped drive interest rates lower. In turn, that gave heft to the argument that asset prices would continue to rise and refinancing would be an option for a larger percentage of legacy loans.

 (The turnaround could have something to do with CWCapital's decision to put roughly $3 billion in distressed assets out for bid).

While driving spreads lower, CMBS investors were clearly in "don't fight the Fed" mode. Plenty of worries remain, and in a less accommodative environment, concerns over anemic job growth as well as Sears and JC Penney might weigh on the CMBS market. However for now, it's "risk on," and that is clearly helping pull spreads tighter.

For a complete copy of the company’s news release, please contact:


HC Real Estate Capital Arranges $1.4 Million in Financing for the 21 Drops Building In Delray Beach, FL


21 Drops office building, 290 SE 6th Avenue, Delray Beach, FL

Delray Beach, FL –Kurt Hoffmann and Chris Caveglia of HC Real Estate Capital have arranged $1,400,000 in financing for the 21 Drops office building located at 290 SE 6th Avenue Delray Beach, FL. 





The 21 Drops building is a 6,850 SF class “A” freestanding historic office building that is well positioned on Federal Highway just three blocks south of Atlantic Avenue.  


The building was originally built in 1949, as an auto showroom/garage for Adams Chevrolet on Federal Highway.  

In 2013 the property was converted to include the headquarters of 21 Drops, a modern line of essential oil products sold in retail stores and spas worldwide.

Other tenants include Leighton Design Group and Slash Fitness.  HC Real Estate Capital worked exclusively on behalf of the borrower to secure a 7-year, fixed rate loan through a local lender.


Slash Fitness club members exercising
HC Real Estate Capital, LLC is a privately owned mortgage-banking firm founded by Kurt Hoffmann and Chris Caveglia. Based in Delray Beach, Florida, HC Real Estate Capital arranges permanent commercial and multifamily real estate loans. 

 The company has a broad capital provider base that includes insurance companies, CMBS lenders, pension fund advisors, and commercial banks.

For a complete copy of the company’s news release, please contact:

Chris Caveglia
HC Real Estate Capital, LLC
660 Linton Blvd. Ste 200 EX5
Delray Beach, FL 33444
Direct: 561-266-3273
Mobile: 561-376-3176

497-Acre Residential Land Tract Sold Near Atlanta


Fields of Walnut Creek, 60 miles north of Atlanta, GA in Jackson and Hall Counties

Perry Hayes
ATLANTA, GA– Bull Realty has brokered the sale of 497 acres located 60 miles north of Atlanta in Jackson and Hall counties at full list price of $1.8 million.

 The Fields of Walnut Creek, a partially developed residential community, sold in an all-cash sale on Sept. 30. Perry Hayes, associate broker at Bull Realty, represented the seller, United Central Bank, in the transaction. Grant Whitworth of Whitworth Land Corp. represented the buyer, Walton Georgia LLC.

Grant Whitworth
 “The sale of The Fields of Walnut Creek shows how far the residential market has come in Atlanta,” Hayes said. “There was little interest when we originally marketed the property for sale at the end of 2012.

“When a previous buyer failed to close, Bull Realty re-listed the property this June and had multiple competing offers. The property sold at full list price.”

 “It’s amazing how fast land values have escalated in such a short period of time,” added Michael Bull, president and founder of Bull Realty. Bull Realty brokers have closed several notable land sales in and around Atlanta in the last year.

Michael Bull
 The 497-acre Fields of Walnut Creek has 123 partially developed lots, 151 raw lots and does not have public sewer. The buyer plans to hold the property for future residential development and housing.

For a complete copy of the company’s news release, please contact:

Savannah Duncan • The Wilbert Group
1720 Peachtree St., Suite 350 • Atlanta, Ga. 30309
O: 404-343-0870  • M: 404-901-4433


Capital One Completes Acquisition of Beech Street Capital





Grace Huebscher
MCLEAN, VA – Capital One Financial Corporation (NYSE: COF) announced the completion of its acquisition of Beech Street Capital, a privately-held, national originator and servicer of Fannie Mae, Freddie Mac and FHA multifamily commercial real estate loan. The terms of the transaction were not disclosed.

 Founded in 2009, Beech Street is an originator, underwriter and servicer of multifamily commercial real estate loans and is one of the largest national providers of government-insured mortgage loans through the multifamily lending programs of Fannie Mae, Freddie Mac and FHA.

Through its scalable origination and servicing platform, Beech Street originated approximately $4 billion in loans in 2012, making the company the sixth largest agency originator in the country. Beech Street services a loan portfolio of approximately $10 billion.

 “This marks the beginning of an exciting time for Capital One’s Commercial Real Estate business,” said Rick Lyon, Head of Commercial Real Estate Banking, Capital One.

Rick Lyon
“The combination of Capital One’s multifamily business and Beech Street will significantly expand our reach in the market and enable us to offer a full range of lending solutions and other banking services to meet the needs of customers in the multifamily sector.”

 Lyon noted that the Capital One-Beech Street combination will boost it into the ranks of the top 5 multifamily originators nationwide.

 “Capital One is an excellent fit for us – and our borrowers,” said Beech Street founder and CEO Grace Huebscher. “Capital One shares our commitment to delivering the kind of thoughtful, proactive service for our customers that goes beyond their expectations.”

Headquartered in Bethesda, Maryland, Beech Street has nine offices around the country.  Together, Capital One and Beech Street will have portfolio loan servicing and origination capabilities nationally.

 For a complete copy of the company’s news release, please contact:

Courtney Lewis
240-507-1948

 Jenifer Bernardi
240-507-1946.

Taylor & Mathis Signs Hospital Physicians Partners to 54,883-SF Renewal & Expansion at Venture Corporate Center in Hollywood, FL


Venture Corporate Center, Hollywood, FL

Donna Korn
 Hollywood, FL  --   Taylor & Mathis has signed Hospital Physician Partners (HPP) to a 54,783 square foot renewal and expansion at Venture Corporate Center in Hollywood, Florida. 

 Donna Korn of Taylor & Mathis brokered the transaction on behalf of owner MetLife with HPP represented by co-broker Tony Jones of Cushman & Wakefield.

Tony Jones
A tenant at Venture Corporate Center since 2010, Hospital Physician Partners nearly doubled the size of their existing offices with a 26,242 square foot expansion.

“In expanding our offices at Venture Corporate Center we were able to consolidate some of our subsidiary companies to the same location as our headquarters,” stated Jeffrey Schillinger, Chief Executive Officer.  “The location in Hollywood between I-95 and the Florida Turnpike is outstanding.”

Jeffrey Schillinger

The HPP expansion brings the 252,000 square foot Venture Corporate Center to over 90% leased. The office park contains three office buildings each approximately 84,000 square feet.  

For a complete copy of the company’s news release, please contact:

Donna Korn
 (954)845-8840


Monday, November 4, 2013

Charles Dunn Company Completes $3.5 Million Sale of Interest in 32-Unit Property in Venice Submarket of Los Angeles CA

  
1210 Venice Boulevard, Venice, CA

  
Michel Hibbert
LOS ANGELES, CANov. 4, 2013 – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the sale of a 50 percent interest in a 32-unit multifamily property located at 1210 Venice Blvd. in the Venice submarket of Los Angeles. The interest in the property was purchased for $3.5 million.

Michel Hibbert and Dan Johnson of Charles Dunn Company represented the Palos Verdes, Calif.-based seller, Coastal Property, a general partnership, as well as the buyer, Los Angeles-based Mastraili, LLC. The transaction closed at a cap rate of 4.6 percent. 

Built in 1988, the five-story property is situated on .28 acres of land and includes 12 one-bedroom/one-bathroom units and 20 two-bedroom/two-bathroom units.

Dan Johnson
“The seller was motivated to end his 25-year partnership in this property,” said Hibbert. “The property sold for a strong $218,750 per unit and $241 per square foot.”

For a complete copy of the company’s news release, please contact:

Darcie Giacchetto
D.G. Communications, Inc.
949.278.6224



174th New Condo Tower Proposed For South Florida Since Crash Of 2007


9500 Block of East Bay Harbor Drive, Bay Harbor Islands, FL

MIAMI, FL  -- As the South Florida housing market increasingly rebounds from the real estate crash of 2007, a local developer is proposing a new eight-story condo project in the barrier island market of Bal Harbour / Surfside / Bay Harbor Islands in Northeast Miami-Dade County, according to a new report from CondoVultures.com.

Haulover Beach Park, Miami, FL
The unnamed project - being proposed by an Aventura-based entity called BH South Island LLC with attorney Daniel Serber as the registered agent - is proposed to have 41-units on a nearly 0.5-acre site fronting the Intracoastal Waterway in the 9500 block of East Bay Harbor Drive in Bay Harbor Islands, according to city of Bay Harbor Islands and Miami-Dade Property Appraiser records.

In the Bal Harbour / Surfside / Bay Harbor Islands market, a combination of domestic and international developers - in unrelated projects - are now proposing to construct at least 23 new towers with more than 1,165 condo units in a market that stretches from 87th Street north to Haulover Beach Park, and the Atlantic Ocean west to Biscayne Bay as of October 31, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

For a complete copy of the company’s news release, please contact:

Condo Vultures® LLC
225 Midtown Building
225 NE 34th St.,
Suite 209B,
Downtown Miami, Florida, 33137.
PH: 800-750-0517.
                                                                               

Westchester, NY Apartment Building Sells for $2.4 Million

                                                                                                        

Pier Street Apartments, 34 Pier Street, Yonkers, NY

  
WHITE PLAINS, NY, Nov. 4, 2013 – Investment sales broker Northeast Private Client Group has announced the sale of Pier Street Apartments, a 34-unit apartment building located at 34 Pier Street in Yonkers, New York.  

Edward Jordan
Edward Jordan, JD, CCIM, the firm’s managing director, represented both the seller and the buyer in the $2,400,000 transaction, which closed on October 31.   Jordan was assisted by Steven D’Ambrosio, an associate in the firm’s White Plains, NY office.

 “The lower Westchester multifamily market continues to firm up, reflected in greater competition and increasing  values,”  states D’Ambrosio.  “This rebound is driven in part by an influx of New York City investors, who are looking for more sustainable pricing and better returns.”

 The Pier Street Apartments is a well situated four-story brick walk-up built in 1922, comprising a mix of studio, one-bedroom and two-bedroom floor plans.

Steven D. D'Ambrosio
The NY-based buyer purchased the property for a price that equates to $70,588 per unit, which represents a gross rent multiplier of 7.0 and a capitalization rate of 6.5 per cent on current net operating income.  

A planned conversion from oil- to gas-fuel heat will reduce operating costs and increase yield for the new owners.  The seller, King David Management of New Rochelle, NY, intends to focus on commercial properties and larger multifamily opportunities moving forward. 

“The success of this transaction is the result of our relation-based approach to investment sales,” explains Jordan, the firm’s managing director.  “With our regional brokerage platform, we were able to identify the right buyer for this off-market assignment and close the deal.”

For a complete copy of the company’s news release, please contact:

Rick Leonard
203.434.7734

                                                                                                 

Greystone Provides $5.35 Million in HUD Financing for Affordable Housing Complex in Oxford, AL

  
Sterling Pointe apartments, Oxford, AL


Betsy Vartanian
New York, NY – Nov. 4, 2013 – Greystone, a leading national provider of multifamily and healthcare mortgage loans, today announced it has provided $5.35 million in HUD financing for the Sterling Pointe affordable housing community in Oxford, Alabama.

John Williams, originator in Greystone’s New York office, worked to close the loan.

 The refinancing was structured as a 30-year fully amortizing HUD 223(f) loan. Sterling Pointe Apartments is professionally managed by HSI Management, Inc., a full service property management firm specializing in affordable housing.

Sterling Pointe, located between Birmingham and Atlanta, GA, is a 144-unit affordable housing rental community built in 1974, with 125 units under a Section 8 HAP contract and 19 units reserved for Section 236 rentals. 

John Williams
“The combination of low debt service and a 30-year term helps further our mission in preserving and providing housing for those who need it most,” said Douglas Trivers, CFO of HSI Management, Inc.

“Greystone has been a trusted partner in helping HSI refinance and preserve our affordable housing communities, and Sterling Pointe is the latest example of a property that will benefit from our ongoing partnership,” he added.

Douglas Trivers

“We have truly enjoyed working with HSI Management and helping to arrange incredibly favorable financing to preserve critical affordable housing resources in Oxford, Alabama,” said Betsy Vartanian, head of FHA lending at Greystone. 

“Given the age of the property, we recognized repairs and improvements would be necessary, and the high loan-to-value ratio offered by the 223(f) program enabled them to include repair and improvement costs within the loan.”

 For a complete copy of the company’s news release, please contact:

Karen Marotta
PR Manager
Greystone
152 W. 57th Street
New York, NY 10019
212-896-9149 direct
917-902-7073 mobile

Peachtree Hotel Group Acquires Five Hotel Mortgages, Two Hotels in 2013 Third Quarter


Hampton Inn, Millegeville, GA

                ATLANTA, GA, Nov. 4, 2013—Peachtree Hotel Group, one of the nation’s fastest growing hotel investment and management platforms, today announced that it continued to expand rapidly during the 3rd quarter, investing in seven assets comprised of 763 rooms, through the purchase of five first mortgage notes and the acquisition of two hotels. 

Element Hotel, Houston, TX
Additionally, the company completed a $1.8 million conversion of its Hampton Inn in Milledgeville, Ga., and provided a mezzanine loan of $3.1 million for the Element Hotel in Houston, Texas, to recapitalize the senior debt through its affiliate, Stonehill Strategic Capital.

In total, Peachtree expanded its portfolio by approximately $50 million in new investments for the 3rd quarter.                

Greg Friedman
“We continue to outpace our initial expectations, already exceeding our goal of adding 15 assets to our portfolio during 2013,” said Greg Friedman, Peachtree’s chief executive officer. 

“Throughout 2013, we purchased 11 first mortgage notes and seven hotels and completed three loan originations via Stonehill Strategic Capital.  Our appetite remains healthy for additional investment opportunities in all levels of the capital stack, and we remain very optimistic that we will have continued success in 4th quarter 2013 and beyond.”
    
For a complete copy of the company’s news release, please contact:

 Chris Daly, media
 (703) 435-6293



Saturday, November 2, 2013

$4.4 Million Sale of 20-Unit Apartment Building in Miami Beach, FL Brokered by Marcus & Millichap


850 Meridian Avenue apartments, Miami Beach, FL

MIAMI BEACH, FL, Nov. 2, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a 20-unit, condominium-quality apartment property located in Miami Beach, FL.

Arthur D. Porosoff
 The asset sold for $4,400,000 representing $220,000 per unit and $349 per square foot.

The seller of the property, a developer based in Portugal, was represented by Arthur D. Porosoff, a Vice President Investments in Marcus & Millichap’s Miami office.

“This deal marks one of the highest price-per-unit transactions in the South Beach market and is evident of the increased demand from foreign - and domestic investors alike - for condominium-quality assets renting as apartments,” says Porosoff.

“This was a great opportunity for the buyer to earn a solid return with complete ease of management.  Due to the lack of renovated product in the market, the investor will have the opportunity to increase rents as leases expire.”

The 850 Meridian project commenced with just the non-demolishable, historic art deco concrete block shell. The interior finishes include modern kitchens, hardwood floors and updated modern bathrooms. The property is located steps from Lincoln Road, Ocean Drive and Espanola Way at 850 Meridian Avenue in Miami Beach, FL.

For a complete copy of the company’s news release, please contact:

Kirk A. Felici
First Vice President/Regional Manager
 Miami, FL
(786) 522-7000

Regency Centers Reports Third Quarter Results




JACKSONVILLE, FL--(BUSINESS WIRE)-- Regency Centers Corporation (“Regency” or the “Company”) (NYSE: REG) announced financial and operating results for the three and nine months ended September 30, 2013.

Earnings

Regency reported Core Funds From Operations (“Core FFO”) for the third quarter of $60.2 million, or $0.65 per diluted share, compared to $55.6 million, or $0.62 per diluted share, for the same period in 2012. For the nine months ended September 30, 2013 Core FFO was $180.3 million, or $1.97 per diluted share, compared to $174.3 million, or $1.94 per diluted share, for the same period in 2012.

Funds From Operations (“FFO”) for the third quarter was $60.4 million, or $0.65 per diluted share. For the same period in 2012, the Company reported FFO of $52.0 million, or $0.58 per diluted share. 

For the nine months ended September 30, 2013 FFO was $180.4 million, or $1.97 per diluted share, compared to $163.2 million, or $1.81 per diluted share, for the same period in 2012.

Regency reported net income attributable to common stockholders (“Net Income”) for the third quarter of $35.0 million, or $0.38 per diluted share, compared to net income of $11.6 million, or $0.13 per diluted share, for the same period in 2012. 

For the nine months ended September 30, 2013 Net Income was $82.4 million, or $0.90 per diluted share, compared to $30.5 million, or $0.34 per diluted share for the same period in 2012.

 For a complete copy of the company’s news release, please contact:

Regency Centers Corporation
Patrick Johnson, 904-598-7422

Aventura Optima Plaza in Aventura, FL Welcomes its First Tenants

   
Aventura Optima Plaza, 215000 Biscayne Boulevard, Aventura, FL

MIAMI, FL- Colliers International South Florida is pleased to announce that Aventura Optima Plaza, a 114,000-square-foot Class A office and medical complex located at 21500 Biscayne Boulevard, Aventura, has been granted a temporary certificate of occupancy and is welcoming its first tenants.

Randy Olen
Colliers International South Florida's Executive Vice President Randy Olen, exclusively represents the Aventura Optima complex, which is on track to be only the second high-rise office building in Florida to be certified LEED Platinum, and the first in Aventura.

 "The internationally-recognized distinction of excellence in sustainability is a plus for the building's owners, and for those who will occupy it," said Olen.
 
The new project's first tenants are a mix of local and international firms including KAWA Capital Management, Inc. which recently signed a seven-year lease for the entire seventh floor (11,400 square feet).


Steven Hurwitz
The tenant was represented by Steven Hurwitz of CREC. KAWA Capital Management will join The Bloom Organization, already an occupant, along with Morales Law Group, Nexsys International, L.C. and Dolce Living Investments, LLC.

These tenants signed leases earlier this year and are expected to move in during the next several months. Olen expects to finalize lease agreements with three additional prospective tenants for a total of approximately 20,000 square feet during the fourth quarter.
 
Aventura Optima Plaza consists of a nine-story east tower fronting Biscayne Boulevard, a four-story west building, and a 457-space parking structure that links the two with a 20,000-square foot landscaped jogging trail on the roof.
 
Developers Jose Bromberg and Ariel Bromberg of Inmobiliaria Brom have built multiple upscale buildings in their native Mexico. Arquitectos Brom Asociados designed the $35 million Aventura Optima Plaza project in association with Behar Font Partners of Coral Gables. The project features a sophisticated, eco-friendly design with access from Biscayne Boulevard and convenient drop-off areas at both the east and west building entrances.

"We decided to come to South Florida, and bring our investors to Florida, to start developing cutting-edge buildings, where quality would be a main issue," Ariel Bromberg said in an interview.

 "We think building sustainable projects is the only way to go, not just because we are environmentally conscious, but because we believe corporations are looking for that."
 
The building is the first in South Florida to have a double skin façade, with special hurricane proof glazing. The southern side of the building will feature solar panels that are decorative and produce 48KV of electricity daily.

A 20,000-square foot landscaped "green roof" will top the garage building, with a jogging trail, exercise rooms, juice bar and restrooms. A terrace on the fifth level of the garage structure connects the two buildings and features fountains and reclaimed wood decks with landscaped seating areas.
 
"Prospective tenants are impressed with the project's environmentally conscious design, the quality of construction and overall amenities available at Aventura Optima Plaza," said Olen.



 For a complete copy of the company’s news release, please contact:

Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138


Chatham Lodging Acquires Residence Inn in Downtown Bellevue, WA

  
Residence Inn by Marriott Seattle Bellevue/Downtown Hotel, Bellevue, WA


PALM BEACH, FL—Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium branded, select-service hotels, today announced that it has acquired the 231-room Residence Inn by Marriott Seattle Bellevue/Downtown for a net cash purchase price of $71.8 million, plus customary, pro-rated amounts and closing costs. 

Jeffrey H. Fisher
The purchase price represents a forward twelve month capitalization rate of approximately 7.8 percent on the hotel’s projected net operating income.  

Year to date through September 30, 2013, RevPAR at the Bellevue hotel is up 13% to $131.

The urban, mid-high rise hotel opened in 2008 and is situated along Interstate 405 (the area’s primary corridor), providing immediate access to downtown Bellevue’s 7.5 million square feet of Class “A” office space inventory, including the region’s high concentration of top-tier technology and telecommunications firms, such as Microsoft, Amazon, Expedia, T-Mobile and AT&T.

Peter Willis
The Bellevue market has undergone a major transformation over the past ten plus years into a premier, 24-hour, live-work-play environment.

“We are very excited to acquire one of the highest rated hotels in the Residence Inn by Marriott system, a superior quality property on an urban, infill site in one of the most desirable west coast corporate markets,” said Jeffrey H. Fisher, Chatham’s chief executive officer. 

“This hotel aligns perfectly with our strategy of acquiring coastal area hotels where demand is driven primarily by corporate travelers focused in the ever-growing technology, energy or medical sectors.”

“The Seattle/Bellevue market has been on our radar for some time given our deep understanding of the market and its growth prospects based on our many years of experience in the Seattle market, including the Bellevue market, through our ownership of four Residence Inns in the Innkeepers joint venture and Island Hospitality’s operation of the hotels,” says Peter Willis, Chatham’s chief investment officer.


“It is a competitive advantage for Chatham to be able to leverage Island’s knowledge of a market and diligently assess an acquisition. 

"We expect great returns from this hotel. We have a very active and deep pipeline of prospective targets and intend to use capacity on our balance sheet to acquire hotels that meet our strict underwriting criteria.”

The Residence Inn by Marriott Seattle Bellevue/Downtown is managed by Island Hospitality Management (IHM), which is 90 percent owned by Mr. Fisher. Chatham funded the purchase with available cash and borrowings on its secured revolving credit facility of $59 million.

 For a complete copy of the company’s news release, please contact:

 Jerry Daly                                                                                   
Daly Gray Public Relations                                                   
(703) 435-6293                                                                           

Dennis Craven                       
Chief Financial Officer
(561) 227-1386  

HFF secures $43 million refinancing for grocery-anchored retail centers in Pacific Northwest




IRVINE, CA – HFF announced it has secured a $43 million refinancing for Fairwood Shopping Center and Oswego Village Center, grocery-anchored, community shopping centers in Renton, Washington and Lake Oswego, Oregon.

Fairwood Shopping Center, 14060 SE Petrovitsky Road
Renton, WA
               Working on behalf of the borrower, Terramar Retail Centers, HFF placed the 10-year, fixed-rate loan with Prudential Mortgage Capital Company.  Loan proceeds were used to refinance existing loans on the properties.

 HFF was able to secure a forward rate lock in May 2013 and the loan closed when the existing debt was open for prepayment in October.  

As a result of the increase in the treasury rates between May and October, the rate is well below the current market level.

Don Curtis
               Fairwood Shopping Center is located at 14060 SE Petrovitsky Road close to Interstate 405 about 12 miles southeast of downtown Seattle.  The 214,834-square-foot center is anchored by Safeway and is 90.4 percent leased.  Additional tenants include a new LA Fitness and Ace Hardware.

               Oswego Village Center is located at 101 South State Street about seven miles south of downtown Portland.  The 89.1 percent leased property has 86,416 square feet and is anchored by Albertsons and Ace Hardware.

               The HFF team representing Terramar Retail Centers was led by senior managing director Don Curtis and associate director Greg Brown.

Greg Brown
               Terramar Retail Centers is a privately-held commercial investment, management and development company.  Founded in 1996, the company has acquired, managed and leased more than 6.5 million square feet of retail shopping centers and has entitled more than one million square feet of development projects.

 For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com