Monday, April 6, 2015

Atlantic | Pacific Association Management’s appointment as the property managers of several South Florida communities will see their portfolio grow by over 2,000 units


Brickell Avenue Skyline
MIAMI, FL – Atlantic | Pacific Management (A|P Management) and Atlantic | Pacific Association Management (A|P Association Management), the property leasing and condominium association management platforms under Atlantic | Pacific Companies (A|P Companies), are pleased to announce an exciting expansion in their management portfolio, with 7 new properties stretching from Brickell to Tampa.

The additions encompass over 2,000 new units to be managed by A|P Management , and a growth to over 2,100 units in the Brickell area alone. 

Imperial Point Colonades
 Fort Lauderdale, FL
They represent a substantial expansion into communities where A|P Association Management has built a reputation as a reliable property manager for South Florida’s premier residential communities.

The new properties represent the best in fine living, as detailed below, and include 1100 Millecento in Brickell, Iconbay in Miami, Baltus House in Miami’s Design District, Boulan South Beach in Miami Beach, Imperial Point Colonnades in Fort Lauderdale, Coco Wood Lakes in Delray Beach, and Casablanca in Tampa. 

The properties will be managed by talented and experienced personnel vetted and chosen by A|P, to be overseen by A|P’s talented regional managers who will ensure quality of management.

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

Jessica Wade Inc.:  
Jessica Wade Pfeffer | jessica@jessicawadeinc.com
 | (305) 804 - 8424
Margie Sernik | margie@jessicawadeinc.com

 | (786) 200 - 2516

Lincoln Harris’ Charleston, SC Office Expands, Moves to Bank of America Building


Mike Ferrer

CHARLESTON, S.C. (April 6, 2015) — Lincoln Harris’ Charleston office has relocated to the Bank of America building, located at 200 Meeting St. The firm’s new office totals 2,844 square feet.

“We are excited to be located in this landmark building in Charleston’s central business district,” said Mike Ferrer, CCIM, broker in charge.

 “Our office has experienced an uptick in transaction volume and property management assignments, and we are making some key new hires, including the addition of a new property manager.”

Last year, Lincoln Harris was selected as property manager for Northwoods Marketplace, a 236,010-square-foot retail center located in North Charleston. 

Lincoln Harris has a rich history of program management services with several well-known clients in the Charleston area, including Bank of America, SunTrust and the Hendrick dealerships.

For a complete copy of the company’s news release, please contact:
Stephen Ursery
The Wilbert Group 
404-549-7150 (O) 404-405-2354 (C)

Sunday, April 5, 2015

HFF closes $46.1 million sale of grocery-anchored shopping center in suburban Manchester, NH


The Shoppes at Bedford Mall, Bedford, NH

James Koury
BOSTON, MA – HFF announced it has closed the $46.1 million sale of The Shoppes at Bedford Mall, a 277,289-square-foot, recently-redeveloped, grocery-anchored retail center in Bedford, a suburb of Manchester, New Hampshire.

               HFF represented the seller, Emmes Asset Management Company LLC, and placed the 10-year, fixed-rate, $30 million loan with Guggenheim Commercial Real Estate Finance, LLC for the buyer.

               Anchored by Kohl’s, The Fresh Market and Marshalls, The Shoppes at Bedford Mall was fully redeveloped and renovated in 2012, which created new retail space that totals more than half of the center’s square footage.


Porter Terry
  The property is 98.6-percent leased to Staples, Weight Watchers, Pet Supplies Plus, Bob’s Store, Starbucks, Chipotle and Outback Steakhouse.  

Situated on 21.38 acres at 73 South River Road in Bedford, the asset is 4.6 miles south of Manchester, the largest city in New Hampshire and its financial capital. 

The Shoppes at Bedford Mall is positioned at the signalized intersection of US Route 3 and State Road 101 and at the entrance of a new freeway interchange for Interstates 93 and 293, providing access to more than 177,000 people who travel these routes daily.    
               The HFF investment sales team representing the seller was led by senior managing director James Koury and real estate analyst Xave Jacoby.
The HFF debt placement team was led by director Porter Terry.

Xave Jacoby
               “The seller did a great job repositioning the center from an enclosed mall into the region’s dominant grocery-anchored power center,” Koury said. 

  “The confluence of several major highways and the region’s attractive demographic profile insures the center’s dominant position for the foreseeable future.”

               Emmes Asset Management Company LLC is a privately-owned real estate investment advisory firm with corporate offices in New York and California.  Learn more at www.emmesco.com

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

HFF closes $109 million sale of downtown Washington, D.C. office building


2025 M Street, Washington, DC

James Meisel
WASHINGTON, D.C.  – HFF announced it has closed the $109 million sale of 2025 M Street NW, a 195,624-square-foot office building in downtown Washington, D.C.’s Golden Triangle area. 

               HFF exclusively marketed the property on behalf of the seller, a partnership between The Oliver Carr Company and Clark Enterprises, Inc.  Mikeone EK purchased the asset. 

The eight-story 2025 M Street NW is situated between 20th and 21st Streets NW within downtown Washington, D.C.’s Golden Triangle, an area that encompasses 43 blocks and houses 3,000 businesses, more than 500 retail shops and restaurants and seven luxury hotels. 

Dek Potts




The building is proximate to four metro stations:  Farragut North and West, Dupont Circle and Foggy Bottom.  

The building features 173,229 square feet of office, 16,886 square feet of retail and 5,509 square feet of storage space in addition to a 4,500-square-foot roof terrace and three levels of below-grade parking containing 242 spaces. 

Tenants of the 100-percent-leased building include Kaplan, Radio Free Asia, and Smith Bucklin.

               The HFF investment sales team was led by senior managing directors James Meisel, Dek Potts and Andrew Weir, executive managing director Stephen Conley, associate director Matthew Nicholson and senior real estate analyst Jessica Diorio.

Andrew M. Weir
The Oliver Carr Company was founded in 1962 by Oliver T. Carr Jr. and was the predecessor company to CarrAmerica.  

Notable development projects include International Square and the restoration of the historic Willard Hotel.  The principal business activity of the company is real estate asset and investment management. 

  The company currently holds investments in certain real estate partnerships and joint ventures including the Willard Hotel and Office Building Complex, the Occidental Restaurant, 1919 Pennsylvania Avenue and the Embassy Suites and other hotels in Alexandria, Virginia.

Mikeone EK, and its sister companies, have been acquiring real estate throughout the country and are represented by Alex Kurkin out of Florida and Joao Rogerio Romaldini de Faria out of Brazil.  Adam Vaisman of Butters Construction & Development also advised the buyer in the transaction

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

HFF secures $19.5 million financing for Class A suburban Denver, CO office building acquisition


The Point at Inverness, 8310 South Valley Highway, Englewood, CO

Josh Simon
DENVER, CO  – HFF announced today that it has secured $19.5 million in acquisition financing for The Point at Inverness, a 186,945-square-foot, Class A office building in suburban Denver, Colorado.

               HFF worked on behalf of the borrower, a partnership between Hannay Realty Advisors, Artis REIT and Nicola Crosby, to secure the 10-year, 50-percent acquisition loan through Principal Real Estate Investors.  

The loan closed with a 3.29-percent fixed rate for seven years, which then adjusts for the final three years at the option of the lender and the borrower.

               The Point at Inverness is located at 8310 South Valley Highway within the heart of Inverness Business Park at the intersection of Interstate 25 and County Line Road in Englewood six miles southeast of Denver.

 The property is adjacent to the County Line Light Rail Station, across the freeway from the Park Meadows Mall and is within minutes of executive housing and other amenities.  This best-in-class building is 97-percent occupied by high-credit tenants, providing a strong and stable income stream.


Kristian Lichtenfels
The HFF debt placement team was led by managing director Josh Simon and real estate analyst Kristian Lichtenfels.

               With this acquisition, Hannay now has acted as an advisor on five purchases in the Denver area with a combined value in excess of $250 million in the past 24 months.

“The Point at Inverness is a high-profile, Class A asset with an irreplaceable location in a strong office node,” Hannay President Craig Hannay said.  “We are very pleased to add this asset to our growing portfolio in the Denver market.  

"We are actively looking for future acquisition and co-investment opportunities in the Denver area and throughout the western US, with a focus on quality retail centers and core to core plus office properties.”

. 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

CBRE Capital Markets Arranges $40.2 Million Sale of New Rental Community in Central Florida


Shelton Granade
Orlando, FL  – CBRE Capital Markets arranged the sale of Whitepalm
Apartment Homes, a new 306-unit luxury apartment community in Port Orange, Florida, about 45 minutes outside of Orlando.

The Class A property, located at 5400 S. Williamson Boulevard, was acquired from Birmingham, Alabama-based LIV Development by Carter-Haston Holdings from Nashville for $40,289,500.

CBRE’s Shelton Granade, Luke Wickham and Justin Basquill represented the seller in the transaction.

“Whitepalm is the fifth pre-stabilized apartment property we have sold recently in Central Florida. Investor interest in newer assets is growing substantially, even before these communities are fully occupied,” said Mr. Granade, Executive Vice President of CBRE Capital Markets, Multifamily. 

Luke Wickham
”Volusia County is in the midst of an impressive economic expansion and the Port Orange area was under-served in terms of luxury apartments.”

Whitepalm was completed in 2014 and is conveniently located in the Daytona Beach area near two of the area’s largest professional employers – Florida Hospital Memorial Medical Center and Halifax Medical Center. 

The gated community offers luxury finishes, such as stainless steel appliances, 9’ ceilings, oversized balconies, stylish cabinetry, and designer counter tops.

 Amenities include a large clubhouse, a resort-style pool with cabanas, a serenity beach fully equipped with hammocks and a state-of-the-art fitness center.

Justin Basquill
Granade, Wickham and Basquill have closed approximately $1.7 billion in multifamily sales in Central Florida from 2013 to date.

For a complete copy of the company’s news release, please contact:
Elizabeth Cross
305.428.6373

Daniel Jimenez
407.839.3191

.

Saturday, April 4, 2015

Chicken Salad Chick Plans Eatery Near University of South Florida in Tampa, FL


Chicken Salad Chick Plans First Tampa, FL Restaurant
near University of South Florida

Stacy and Kevin Brown
TAMPA, FL   — Chicken Salad Chick, one of Nation’s Restaurant News 2015 Breakout Brands*, has announced plans to open its first Tampa restaurant near the University of South Florida later this summer.

Karmen Hayes of Florida Retail Partners, an X Team partner, brokered a 3,555 square foot lease for Chicken Salad Chick at University Collection in Tampa. 

The newest location for the fast casual eatery which serves 15 styles of chicken salad, soups, salads and desserts will be located at the corner of East Fowler Ave and Bruce B Downs Blvd, near the University of South Florida and University Square Mall.

“We’re excited to be opening our first Tampa Bay location near the USF Campus,” said company president Kevin Brown. “The endcap space will feature a great outside dining patio.” The local franchise will be run by Brad and Tammy Cochran.

The March/April issue of Cooking with Paula Deen magazine names Chicken Salad Chick as the top spot in the country to try chicken salad.  

“We are extremely honored to be featured in such an esteemed publication,” said founder Stacy Brown.

“Our team strives to provide a true chicken salad experience to each of our guests, and we hope that this recognition will allow us to serve new guests in our growing number of restaurants across the Southeast!”

The Chicken Salad Chick concept was established in Auburn, AL in 2008 in the kitchen of founder Stacy Brown. Stacy quickly learned that selling a homemade recipe from her kitchen is against the law, and after being shut down by the health department, she decided to solicit the business expertise of her future husband and fellow founder, Kevin. 

Together, they opened a small takeout restaurant which quickly grew to enormous demand and additional locations. 

Chicken Salad Chick has sold 100 franchises to be developed across the states of Alabama, Florida, Georgia, North & South Carolina, Tennessee and Texas, and has plans to expand nationally in the coming years.

Chicken Salad Chick puts an edgy twist on a Southern classic, offering guests a “custom-fit” chicken salad experience with 15 original flavors to choose from, as well as gourmet soups, flavorful side salads and freshly-baked desserts.

 There are currently 30 Chicken Salad Chick locations throughout the Southeast. 

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

 Kalyn Brandewie
 813.251.3333


john greene Commercial Taps Cory E. Ramey to Lead Industrial Division


Cory E. Ramey
CHICAGO (March 23, 2015) – john greene Commercial, a full-service commercial brokerage firm headquartered in Naperville, Ill., announced that Cory E. Ramey has joined the firm as commercial broker and will lead the firm’s industrial division. 

Ramey, formerly vice president at Elmhurst, Ill.,-based Darwin Realty and Development Corporation, brings 15 years of experience in industrial real estate sales, acquisitions and leasing in Chicago’s western suburbs.

“Cory’s experience in the industrial sector is a perfect complement to our team who, combined, bring the greatest depth of market intelligence and creative thinking available in the industry,” said Tim Greene, CEO of john greene Commercial. 

“Having Cory lead our industrial division is a natural extension of his strengths and expertise, as well as an opportunity for us to grow that part of our business.” 
 
For a complete copy of the company’s news release, please contact:

Julie Liedtke, jliedtke@taylorjohnson.com (312) 267-4521

Kim Manning, kmanning@taylorjohnson.com  (312) 267-4527

ONYX Magazine honors Crossman & Company


John Crossman
Orlando, Fla. – Crossman & Company was awarded ONYX Magazine’s Publisher’s Award for their work in promoting real estate education in all historically black colleges and universities.

John Crossman accepted the award on behalf of Crossman & Company at the 11th annual ONYX Awards on Saturday, March 28. 

The Publisher’s Award is presented to an individual or company that had provided dedicated service, consistent advocacy and outstanding leadership to the higher education community on a regional or state level.

“We’re thrilled to be recognized with this esteem honor. Real estate is important in all communities,” Crossman said.

Rich Black
“The ONYX Awards serves as the premiere event in Florida to celebrate and recognize the accomplishments and contributions of African-Americans and those of African Diaspora,” said ONYX Magazine Publisher Rich Black.

“We are delighted to pay tribute to a stellar group of individuals and companies that are making a difference throughout the state in the areas of business, sports, education and community service.”

The ONYX Awards serves as a fundraiser for the Tri-County Sickle Cell Association, The Young Fathers of Central Florida and the literacy program for the Orange County Jr. Wildcats and Polk County Rattlers. 

The awards also paid tribute to Florida’s four historically black colleges and universities – Bethune-Cookman University, Edward Waters College, Florida Agricultural and Mechanical University and Florida Memorial University.

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

Sydnie Cobb
Crossman & Company

 407.581.6261

Chicago-based Fat Papa’s ventures into Florida with two locations


Kim Fitzgerald
Orlando, Fla. – The Chicago-based Fat Papa’s opens two Florida locations – in Fort Lauderdale and Manalapan.

The Fort Lauderdale restaurant will be 2,400 square-feet and located within Galt Ocean Marketplace, located at 3700 N. Ocean Blvd. 

The 105,589-square-foot shopping center is anchored by Winn-Dixie, Starbuck’s and CVS and houses such establishments as Bank of America and Dunkin’ Donuts.

The Manalapan restaurant will be 2,865 square-feet and located within Plaza Del Mar, positioned at the intersection of A1A and East Ocean Avenue. 

John Fitzgerald
The shopping center is 102,715 square-feet and Fat Papa’s will join SunTrust, Allstate Insurance, Plaza Theater and other merchants at the shopping center.

The shopping centers are owned and managed by Kitson & Partners.

  Kim Fitzgerald and John Fitzgerald with Crossman & Company represented the landlord.

Fat Papa’s specializes in hot dogs and Italian sausage.

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




Sydnie Cobb
Crossman & Company

 407.581.6261

Friday, April 3, 2015

Four Westchester Buildings Sell for $12 Million in Multiple Transactions; Northeast Private Client Group Represents Buyers and Sellers


Edward Jordan
WHITE PLAINS, NY, April 3, 2015 -- Investment sales broker Northeast Private Client Group has announced the sale of four buildings located in lower Westchester County, New York.

 Edward Jordan, JD, CCIM, the firm’s managing director, and Steven Dambrosio of the firm’s White Plains office, exclusively represented the sellers and sourced the buyers in multiple transactions totaling $12,000,000; all of the transactions closed during the first quarter of 2015.

“The success of these transactions is the direct result of our relationship approach to investment sales,” said Jordan.  “Leveraging our multi-state platform we were able to create competition and source the most qualified buyers for each of these assets.”

Steven Dambrosio
On March 31, Northeast Private Client Group closed the sale of 106 Locust Hill Avenue, a 42-unit multifamily property located in Yonkers, NY.  The seller, JAM 3 Property LLC of Bedford, NY, transferred to the property to a Yonkers-based investor for $4,550,000.  This price equates to a price per unit of more than $108,000 and a capitalization rate of 7.6% on the current net operating income. 

On March 26, Jordan and Dambrosio closed the sale of 6 East Sidney Avenue in Mount Vernon, NY.  The 27,000-square foot property includes six stores and 24 apartments.  The seller, Trion Real Estate Management of Yonkers, NY, transferred to the property to a Bronx-based investor for $3,150,000.  This price equates to a price per square foot of more than $116 and a capitalization rate of 7.7% on the current net operating income.  

Northeast Private Client Group closed an earlier transaction for seller Trion Real Estate Management on January 22 with the sale of 5 West 4th St in Mount Vernon, NY.  The 34,000-square foot property, comprising three stores and 36 apartments, was sold to a Bronx-based investor for $3,200,000.  This price equates to a price per square foot of more than $94 and a capitalization rate of 7.9% on the current net operating income.  

Finally, Jordan and Dambrosio sold a nine-unit multifamily property located at 259 Webster Avenue in New Rochelle, NY.  The transaction closed on January 30 between two private Westchester investors at a price of $850,000.  This price equates to a price per unit of more than $94,000 and a capitalization rate of 6.5% on the current net operating income. 

“Westchester multifamily and mixed-use assets are trading at record pricing,” said Dambrosio.  “Local owners and investors benefit from our long-term relationships, competitive process, market knowledge and history of successful transactions.”

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

Randy Savicky
Founder/CEO
Strategy+Communications
Connecting the New PR & Marketing to Business Goals

203-226-6156

Thursday, April 2, 2015

Southeast Mississippi Retail Center Sells for $16.75 Million




HATTIESBURG, MS, April 2, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Academy Sports + Outdoors and Shops at Turtle Creek, a 98,673-square-foot shopping center in Hattiesburg, Miss.

Alvin Mansour
The $16.75 million sales price equates to $170 per square foot.

            Alvin Mansour, senior vice president investments and Ryan Gomez in Marcus & Millichap’s San Diego office, and Anne Williams, senior associate in the firm’s Memphis office, represented the seller, a private Texas-based developer, and the buyer, an institutional net-lease investor.

            “Academy Sports and Shops at Turtle Creek attracted significant interest from throughout the retail property investment community,” says Mansour.

“The new owner is well positioned to benefit from the center’s strong lineup of triple-net tenants and location within the Turtle Creek Crossing shopping mall.

Anne Williams
  The property is situated along the area’s main retail corridor at 6173-6175 U.S. Highway 98 in Hattiesburg within the 504,000-square-foot power center, Turtle Creek Crossing.

 The center is also across from a 180,000-square-foot Walmart Supercenter and immediately west of Turtle Creek Mall, an 843,000-square-foot regional mall anchored by Belk, JCPenney, Dillard’s and Sears.

Built in 2011, the shopping center consists of a 75,760-square-foot Academy Sports + Outdoors built in 2011 and two shopping spaces built in 2012 totaling 22,913 square feet that are leased to Mattress Express, Massage Envy Spa, Keesler Federal Credit Union, Papa Murphy’s, and J. Allan’s.
  
For a complete copy of the company’s news release, please contact:
Gina Relva
 Public Relations Manager

(925) 953-1716 

Golf Resort and Conference Center in St. Michaels, MD Sells for $13 Million


Harbourtowne Golf Resort and Conference Center, St. Michaels, MD


Karianne Cibello
 ST. MICHAELS, Md., April 2, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the 153-acre, 111-room Harbourtowne Golf Resort and Conference Center in St. Michaels, Md. 

The $13 million sales price equates to $117,117 per room.     

Gordon Allred, first vice president investments in Marcus & Millichap’s Ontario, Calif. office, Karianne Cibello, associate in the firm’s Washington, D.C. office and Shane Hanrahan, associate in Portland, Ore., exclusively represented the seller and procured the buyer.

Gordon Allred
“The buyer is an international hotel and leisure company with unique synergies to the property and the resources to reposition Harbourtowne Golf Resort and Conference Center as a world-class luxury resort,” says Cibello.

“The new owner plans to restore the Pete Dye golf course and thoroughly upgrade all of the facilities.”

“This is one of the Mid-Atlantic hospitality market’s premier hospitality transactions,” adds Allred. “The offering generated multiple offers and our national platform of hospitality property investment specialists collaborated to bring buyer and seller together.”

Shane Hanrahan
            Harbourtowne Golf Resort and Conference Center is located at 9784 Martingham Circle in St. Michaels on 153 acres of waterfront property and golf fairways at the cross waterways of the Chesapeake Bay and the Miles River.

The property features all waterfront guestrooms, and an 18-hole, 142.55-acre Pete Dye golf course.


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





Gina Relva
 Public Relations Manager

(925) 953-1716 

Intercontinental Real Estate Corp. and MG Properties Group Complete Largest Multifamily Acquisition in Southern California Since 2013


Madison Park Apartments, Anaheim, CA

San Diego, CA  – Intercontinental Real Estate Corporation (“Intercontinental”), a national real estate investment, development, and management firm headquartered in Boston, MA, and MG Properties Group (“MG”), a private San Diego-based real estate investor and operator, have announced their acquisition of the Madison Park Apartments in Anaheim, California.

Kevin Green
At 768 units, this is the largest single property by number of units to be purchased in Southern California since 2013. 

The price was not disclosed.
Madison Park is centrally located in West Anaheim near the I-5 freeway, between Disneyland and Knott’s Berry Farm.

 Apartment interiors have been recently renovated with high quality finishes and a contemporary aesthetic. The buyer intends to further invest in the property to improve common areas and select interiors. 

Madison Park was purchased from a private multifamily investment firm. Institutional Property Advisors (IPA) executive vice president investments Greg Harris and IPA director Kevin Green represented the seller.

Greg Harris
 The buyers represented themselves. The acquisition was financed with a 10-year fixed-rate mortgage from Fannie Mae, arranged by Brian Eisendrath at CBRE. 

 “The Orange County area continues to be a top performing market with favorable economic and real estate conditions.

“With convenient access to Anaheim’s major employers, Madison Park offers an affordable alternative to the area’s newer development projects,” says Jessica Levin, who is based in Intercontinental’s Los Angeles, CA office.

MG also owns the comparable 402-unit Crystal View Apartments in Garden Grove, CA. 

According to Mark Gleiberman, MG’s Chief Executive Officer, “Madison Park is an excellent addition to our portfolio, further expanding our scale in the Orange County region. We expect the property to have long term stability and to benefit from the diverse regional job base and growth potential.”

Jessica Levin
Designed as a resort-style community, the property features exceptional common area amenities, including two swimming pools, sports courts, a large fitness center and group exercise room, clubhouse, movie theater, banquet room, and a business center.

“Madison Park is a highly amenitized multifamily housing community that services an under-supplied segment of the submarket,” adds Greg Harris of IPA.

“Highlighting Madison Park’s position in the market as a rare combination of luxury living at an affordable price compared to competing assets of similar quality proved beneficial to both the buyer and seller,” notes IPA’s Kevin Green.

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

Lexi Astfalk or Jenn Quader
(949) 955-7940

Arbor Appoints Ana Ramos as VP in Manhattan Beach, CA, Office


Ana Ramos
UNIONDALE, NY (April, 2. 2015) - Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, today announced the appointment of multifamily loan originator Ana Ramos as Vice President in the company’s Manhattan Beach, CA, office.

An 18-year commercial real estate finance veteran with an extensive underwriting background, Ms. Ramos will be responsible for originating loans under all of Arbor’s multifamily and commercial product lines, including Fannie Mae, Freddie Mac, FHA, Bridge, CMBS and Mezzanine.

Ms. Ramos reports to Ken Fazio, Senior Vice President, National Production Manager.

Ken Fazio
Ms. Ramos has closed more than $1 billion in loan originations in her career. Prior to Arbor, she served as SVP, Regional Director for Hunt Mortgage Group in Irvine, CA. 

She managed loan originations in the company’s California region and specialized in small loan financing.

Earlier in her career, Ms. Ramos was a Managing Director for Greystone Servicing Corporation, where she managed the company’s top-producing West Coast office. 

Prior to Greystone, she worked as a Senior Underwriter at Berkshire Mortgage Finance, where she specialized in Fannie Mae and Freddie Mac loans.

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

Christopher Ostrowski