Tuesday, September 22, 2015

Have You Herd? Anantara’s Elephant Parade Bangkok is Coming to Town!



Sirinya Bishop, Miss Thailand World 2015

BANGKOK, THAILAND  -- Anantara Hotels, Resorts & Spas is partnering with Elephant Parade® and top local and international celebrities and artists to bring the world’s largest open air art exhibition, Elephant Parade, to Bangkok.

The exhibition will see a herd of almost one hundred 1.5 metre brightly coloured elephants – which have been specially decorated and hand painted and will be exhibited as a herd in key locations throughout Bangkok, starting on 1st December 2015 and ending on January 29th 2016.

The first major Elephant Parade was held in Rotterdam in the Netherlands in 2007 and has since been exhibited in cities across the world including London, Singapore, Amsterdam, Milan and Hong Kong. Elephant Parade Bangkok will be a first for Thailand and the only one for the city.

The event was originally created after founder Marc Spits and his son Mike visited the Friends of the Asian Elephant hospital in Lampang, Thailand, which treats sick and injured elephants.


There they saw Mosha, a baby elephant who lost her leg after stepping on a landmine when only seven months old and was the first elephant to receive a prosthetic limb. 

She is fitted with a new leg every year, and each time must learn to walk all over again. Mosha features in each Elephant Parade exhibition and will have a specially Thai themed painted prosthetic leg for the Bangkok Parade.

Artists from all walks of life have been busy designing their elephants, each an original piece of art to help paint a brighter future for the country’s national animal.

Famous supporters of Elephant Parade Bangkok include: Hangover 2 star Nirut Sirichanya;  Furious 7 star Tony Jaa;  Designer Paul Smith;  World Number One DJ, Hardwell;  Miss Thailand World, Sirinya Bishop; Artists Elizabeth Romhild, Elsie Evans and Nancy Chandler, Sculptor Gavin Fifield and a wide range of Thai celebrities and artists.

“In my life I have spent a lot of quality time with elephants. I grew up in a mahout family and started my movie career with an elephant as a co-star,” said Furious 7 star and Elephant Parade Ambassador Tony Jaa. “I want to thank all the people and organisations who take the time and resources to ensure the safety of these intelligent creatures in Thailand and around the world.”

Tony Jaa

In February 2016 a selection of elephants from the parade will be auctioned off at a charity gala dinner at Anantara Siam Bangkok, with the proceeds going to the Golden Triangle Asian Elephant Foundation who in turn will select and fund a range of sustainable programmes that benefit the elephants of Thailand, including Wildlife Alliance, Freeland, WildAid, Think Elephants and Thai Elephant Therapy Project. 

The Golden Triangle Asian Elephant Foundation (GTAEF) was set up in 2006 to improve the plight of Thailand’s elephants, and has since been diversified to include welfare projects that incorporate broader philanthropic and cultural objectives with unprecedented success.

William E. Heinecke, Chairman and CEO of Minor International, the parent company of Anantara, Hotels Resorts & Spas, commented, “As a company, we are always looking for like-minded partners who share our true passion in saving the Asian elephant and Elephant Parade has long been known for its elephant conservation efforts in Thailand, which is why we feel this partnership is the ideal fit.

“The more awareness that is raised on the plight of domestic and wild elephants in Thailand the better the chances we have for their survival. I can’t think of a better way to raise awareness than bringing the largest open air art exhibition in support of Asian Elephants to Bangkok in 2015.”

“Elephant Parade is very proud and excited to team up with such a great company as Anantara and The Golden Triangle Asian Elephant Foundation. We share the same commitment and values in helping save the Asian elephant, ultimately from extinction. We’ve travelled all over the world with Elephant Parade and now it feels like we are coming home, with our upcoming event in Bangkok. I am sure this exposition will be our most exciting and colourful one to date,” Mike Spits, Elephant Parade® Founder.

 For more information on Elephant Parade please visit http://www.elephantparadebangkok.com

For hundreds of years throughout Thailand, people would leave a jar of water outside their house to provide  refreshment and extend a welcome to the passing traveller. 

Anantara is taken from an ancient Sanskrit word that means 'without end', symbolising this sharing of water and the heartfelt hospitality that lies at the core of every Anantara experience.

Mike Spits and Friend
From lush jungles to pristine beaches and legendary deserts to cosmopolitan cities, Anantara currently boasts over 30 stunning properties located in Thailand, the Maldives, Bali, Vietnam, China, Cambodia, Mozambique, Qatar and the United Arab Emirates; with future properties to open China, Sri Lanka, Mauritius, Laos and Oman.

For more information on Anantara Hotels, Resorts & Spas, please visit www.anantara.com.

Follow us on Facebook:  www.facebook.com/anantara
 and Twitter: Anantara_Hotels

 Global Hotel Alliance (GHA) is the world´s largest alliance of independent hotel brands. GHA currently includes 24 brands such as Anantara, Art Series, Atura, AVANI, Doyle Collection, First, Kempinski, Individual Collection, Leela, Lungarno Collection, Marco Polo, Mokara, Omni, Pan Pacific, PARKROYAL, Per AQUUM, QT, Rixos, Rydges, Shaza, Tangram, Thon, Tivoli and Ultratravel Collection, encompassing over 400 upscale and luxury hotels with over 100,000 rooms in 63 different countries. www.gha.com




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

Hwee Peng Yeo
Vice President, Asia Markets
Glodow Nead Communications
San Francisco • New York • Singapore • Shanghai
Level 21, Centennial Tower, 3 Temasek Avenue • Singapore 039190
Level 15, One Corporate Avenue, 222 Hubin Road, Shanghai China, 200021
1700 Montgomery Street, Suite 203 • San Francisco, CA • 94111
Asia: 65.9768.6087  US:415.394.6500 • E: hweepeng@glodownead.com

杨慧萍
总裁
博德纳公关咨询公司
Centennial Tower 21层,Temasek Avenue 3号, 新加坡邮区039190
上海湖滨路222号企业天地一号15层,中国邮编20021


Monday, September 21, 2015

WNC’s Community Preservation Partners to Acquire and Renovate Plaza Townhomes in Portland, OR



Anand Kannan
PORTLAND, OR,  Sept. 21, 2015 – WNC, a national investor in real estate and community development initiatives, announced today that its subsidiary, Community Preservation Partners LLC, has entered into an agreement to purchase Plaza Townhomes, an affordable housing community located at 5802 N. Michigan Ave., in Portland, Ore.

Community Preservation Partners will begin renovations at the community upon acquisition, and is expected to complete more than $3 million in upgrades to the property.

“Community Preservation Partners is committed to preserving the stock of affordable housing in the U.S., which continues to fall far short of growing demand,” said Anand Kannan, president of WNC’s Community Preservation Partners, LLC. “We are thrilled to expand our reach to Portland, Oregon, with this acquisition as we seek to expand our preservation efforts throughout the nation.”

Jack Aronson, director of development acquisitions, is leading the acquisition on behalf of Community Preservation Partners.

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

Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703


HFF arranges $23 million financing for newly-built retail center with boutique grocer in Portland, OR

  
Timberland Town Center, Portland, OR

 
Casey Davidson
PORTLAND, OR – Sept. 21, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $23 million in financing for Timberland Town Center, a 91,801-square-foot retail center anchored by a boutique grocer in Portland, Oregon.

HFF worked on behalf of the borrower, Timberland Town Center LLC, an Oregon limited liability company controlled by Gramor Development, Inc., to secure the 10-year, fixed-rate loan with AXA Equitable Life Insurance Company through its advisor Quadrant Real Estate Advisors.

 Loan proceeds were used to take out the construction loan, as the property just reached stabilization.

The HFF debt placement team representing the borrower was led by managing director Casey Davidson.

”This was an exciting project, as Gramor always constructs best of class properties with the right tenant mix and a long-term hold mentality,” Davidson said.  “The center had significant preleasing when we started the process 12 months ago, which really helped generate interest with the insurance company lenders.”

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 arranges financing for 318-unit multi-housing community in Fort Worth, TX


John Rose
DALLAS, TX – Sept. 21, 2015 - Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged financing for Overlook Ranch, a 318-unit multi-housing community in Fort Worth, Texas.

HFF worked on behalf of the borrower, CAF Capital Partners, to secure the five-year, floating-rate loan through Prime Finance.  Loan proceeds were used to acquire the property, which recently reached stabilization.

Overlook Ranch is located at 3101 Alliance Gateway Freeway in north Fort Worth just off Interstate 35 in the 18,000-acre AllianceTexas master-planned, mixed-use community.  

Completed in 2015, the property has 270,916 rentable square feet with individual units ranging from 650 to 1,250 square feet each.  Community amenities include a swimming pool, fitness center, playground, grilling area, car wash center, clubhouse, lounge, business center and breakfast/coffee concierge.

The HFF debt placement team representing the borrower was led by senior managing director John Rose and associate director Michael Cosby.


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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com


Stirling Sotheby’s International Realty Named Sales and Marketing Representative for Penthouse in Downtown Signature Condominium Overlooking Lake Eola in Orlando, FL




Michelle Hochfelder
ORLANDO, FL  - Stirling Sotheby’s International Realty was recently named exclusive sales and marketing representative of a 2,500 square foot luxury penthouse in The Sanctuary a prestigious downtown Orlando condominium overlooking Lake Eola. 

Michelle Hochfelder, luxury homes specialist at Stirling Sotheby’s International Realty’s Dr. Phillips office is representing the property.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said the 16th floor penthouse residence features extra high ceilings and extensive window exposure for spectacular views of the city and lake.  

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


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

Sunday, September 20, 2015

SRF Ventures Originates Nearly $30M in Real Estate Loans This Summer



Steven Fischler
New York, NY) — Steven Fischler's SRF Ventures is wrapping up an extremely busy summer highlighted by the firm originating nearly $30 million in real estate loans for clients across the nation.

Fischler, a former Lehman Brothers executive, and his team at SRF continue to find small balance loan opportunities that are often overlooked by traditional lenders and investors due to the size and complexity of such transactions.

Over the summer, SRF closed a variety of small balance loans ranging from $1 million to $11 million in value. The loans were used to underwrite a variety of property types, including hotel, land, residential development and retail sites.

In one of the summer transactions, SRF originated $6 million of preferred equity on a land assemblage in the Gramercy neighborhood of Manhattan. The borrower was a joint venture of APEX Investments and Property Markets Group, which used the funds to close on the last piece of the assemblage. The closing took only 16 days. 

“SRF seeks opportunities outside of the status quo of traditional real estate,” said Fischler, founder, president and managing principal of SRF Ventures. “These small balance loans represent just one of our adaptive and innovative strategies on advising, lending, investing and managing real estate.”

Fischler, 33, launched his boutique real estate advisory and management firm in January 2012. With a strong client base that includes prominent developers and investors in major metropolitan markets including New York and South Florida, the company has arranged or originated over $1 billion in real estate financing and equity transactions in less than four years.

“Our success over the last several years is a testament to creative thinking,” said Fischler. “We are not bound by the limits of a specific real estate class or capital structure. That allows us to find success and maximize profits for our firm and our clients.


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

Ilana Tescher
Account Executive
BoardroomPR
Office: 954-370-8999

Cell: 954-249-1816

$57 million financing for 1.4 million-square-foot manufacturing facility in Southern California arranged by HFF

  
Century Business Center, 3901 Jack Northrop Avenue, Hawthone, CA


Paul Brindley
LOS ANGELES, CA – Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged $57 million in senior financing for Century Business Center, a seven-building, 100-percent-leased industrial manufacturing facility totaling 1.4 million square feet in Hawthorne, California.

HFF worked on behalf of the borrower, Zelman Development Co., to place the 10-year, fixed-rate loan with AIG Investments. Loan proceeds were used to recapitalize the property.

Century Business Center is fully leased to Triumph Aviation Group, which produces fuselages for Boeing’s 747 passenger and freighter commercial jets, and SpaceX, the largest private space transport company in the world. 

The center’s two main buildings total approximately one million square feet and provide a column-free work space with 35’ clear heights.  The other buildings serve as office space, hangers, cafeteria, medical office and physical plant services. 

Additionally, the facility has more than 1,300 parking spaces and has rail access served by Southern Pacific Railroad.  Situated on 43 acres just off Interstate 105 at 3901 Jack Northrop Avenue adjacent to the Hawthorne Municipal Airport, the property is approximately three miles from Los Angeles International Airport and 21 miles from the Ports of Long Beach and Los Angeles.

Anthony Brent
HFF’s team was led by senior managing directors Paul Brindley and Anthony Brent, and managing director Ryan Martin.

“AIG's entrepreneurial approach allowed them to structure a transaction that allowed the borrower to buyout their partner and be positioned for the future with an attractive long-term financing,” Brindley said. 

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


Lincoln Property Company Ranked #1 Property Manager for 2015

  

PHOENIX, AZ – Lincoln Property Company (LPC) has been ranked as the number one property manager in 2015 according to Multi-Housing News' top 50 listing.

The ranking was based on self-reported property characteristics, quantity of leases, amount and size of communities under management, square footage, amount of property operations owned or managed, involvement in multiple property sectors, sustainability practices and other considerations.

Preference was given to those with strong growth and that serviced more than one sector. 

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

focusAZ
Marketing & Public Relations
(480) 600-0195

Hold-Thyssen negotiates lease with Shaw Mechanical for 7,142 square feet at Kennedy Commerce Center in Orlando, FL


Kennedy Commerce Center 997 West Kennedy Boulevard
Orlando, FL
WINTER PARK, FL --- Hold-Thyssen, Inc., a commercial property firm based in Winter Park, recently negotiated a lease agreement for 7,142 square feet of flex space at Kennedy Commerce Center, 997 W. Kennedy Blvd. in Orlando.

The Hold-Thyssen leasing team negotiated the transaction representing the Landlord Miami-based LNR Partners, LLC.

Shaw Mechanical, residential and commercial heating and air-conditioning provider, renewed its lease of Suites 14-A and 16 for three more years..


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

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

  

NAI Realvest Brokers Industrial Land Lease for professional tree trimming operation in Orlando, FL





Jason Toll
ORLANDO, FL — NAI Realvest recently negotiated the lease of a 4.8-acre vacant parcel of industrial land at 2301 Silver Meteor Drive off of John Young Parkway in Orlando.  

Jason G. Toll, director of industrial services at NAI Realvest, brokered the transaction representing the local landlord, Central Florida Lumber & Supply Co., Inc.  The tenant is Longwood-based A Sunstate Trees, Inc.


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

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



REVA Development Partners Announces VIP List To Serve High Demand For Luxury Rental Community Northgate Crossing in Wheeling, IL


 
Matt Nix
 CHICAGO, IL — Chicago-based REVA Development Partners has created a VIP list to provide precedence to the large number of people who’ve expressed interest in residing at Northgate Crossing, a new 288-unit luxury rental communityat 250 Northgate Parkway in north-suburban Wheeling, Illinois.

To join the VIP list, prospective renters can visit http://www.northgatewheeling.com/.
 Pre-leasing will begin in October with first move-ins scheduled for mid-December.

“We are very excited to be part of the Wheeling community and, in particular, its downtown area,” said Matt Nix, principal of REVA Development.

“In recent years, Wheeling has made a strong commitment to increasing the town’s sense of place and livability and has added a wide variety of retail, office development and park space to its downtown center.

“It will become a destination for people in the north suburbs to live, work and play and Northgate Crossing will help further support those enhancements by providing new-construction apartments within walking distance to community attractions and the Metra.”

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

Kelly Shumaker, kshumaker@taylorjohnson.com, (312) 267-4519

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

Friday, September 18, 2015

Charles Dunn Co. Completes $4 Million Sale of Vacant 17,131-SF Office Property in Los Angeles to Medical Office User


John C. Anthony


 LOS ANGELES, CA – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $4 million sale of a vacant, two-building, 17,131-square-foot office property near the Downtown Los Angeles and Hollywood markets.

John Anthony, Chris Steck, and Chris Giordano of Charles Dunn Company represented the seller, 1616 Beverly Boulevard, LLC. The buyer, Thomas Leslie Cantor, was represented by Regional Realty & Investment.

Located at 1616 Beverly Blvd. and 118 Union Place near the 110 and 101 freeways, the property is situated on nearly one-half acre of land and includes a surface parking lot providing direct access to both buildings.

“The San Diego-based buyer plans to use the property for medical office use,” said Anthony. “Owner/user sales on the Beverly Blvd. corridor are strong as it is a major thoroughfare connecting to Downtown, Silverlake, and Hollywood.

“As rental rates rise and vacancy tightens, many Los Angeles-area businesses are looking to buy property for long-term stability of office space expenses.”

Anthony added that the buyer paid all-cash and escrow closed in just seven days.

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

Darcie Giacchetto
949.278.6224



BankUnited Names New Commercial Real Estate Executive


Patricia Lubian
MIAMI LAKES, FL --  Patricia Lubian, an industry veteran with more than 25 years of experience, has joined BankUnited as a commercial real estate relationship manager.

Lubian’s responsibilities will include development and management of commercial real estate relationships, primarily in Miami-Dade County.

Most recently Lubian served as senior vice president of commercial real estate for Regions Bank in Miami.  

Additional expertise in the field includes having held senior positions in commercial and commercial real estate lending with Northern Trust of Florida and Barnett Bank of South Florida.

Lubian is a member of the Latin Builders Association as well as a past board member of the Builders Association of South Florida.

A Kendall resident, Lubian graduated from Barry University with a bachelor’s degree in economics and management.

Lubian will be based in BankUnited’s Miami Lakes headquarters at 14817 Northwest Oak Lane. 


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

Mary Harris,
(305) 817-8117                                           

Savannah Whaley,
(954) 776-1999, ext. 225

(877) 779-2265
Facebook at facebook.com/BankUnited.official and on Twitter @BankUnited

Essex Realty Group Brokers Sale of Two Multi-Family Buildings in Chicago, IL

  
Kate Varde
CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 1261-1301 W. Argyle and 1338-1354 W. Argyle.

1261-1301 W. Argyle St. and 1338 - 1354 W. Argyle St. (Argyle Street Properties) are located in Chicago’s Uptown Neighborhood.

 The Properties consist of 60 studios, 96 one-bedrooms, one two-bedroom/two-bath, and one three-bedroom one and one-half bath units. The Properties have been professionally managed and stabilized with significant attention given to correcting inherited deferred maintenance issues.

 Evidencing this is the fact the buildings have operated at or above 95% occupancy for the past five months.

1261-1301 W. Argyle sold for $6,545,000 and 1338-1354 W. Argyle sold for $10,580,000.

Doug Imber and Kate Varde were the brokers on the transaction.

Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.


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

Douglas Fisher
Essex Realty Group, Inc.
773.305.4910

MG Properties Group Sets Record in Reno; Acquires Two Properties Totaling 722 Units

  
 
Mark Gleiberman
San Diego, CA (Sept. 18, 2015) – MG Properties Group, a private San Diego-based real estate investor and operator, has announced the acquisition of two multifamily properties encompassing 722 units in the largest multi-housing bulk transaction in the history of Reno, Nevada.

MG Properties acquired the Vizcaya Hilltop Apartments and the Village at Iron Blossom Apartments in Reno, Nevada, bringing its regional portfolio to over 1,100 units. 

Vizcaya Hilltop Apartments is a 318-unit property built in 1991, and the Village at Iron Blossom Apartments consists of 404 apartment homes built in 1984. Both locations provide convenient access to freeways, employment centers, retail, and nearby entertainment options.

 Each property includes a mix of 1, 2, and 3 bedroom units, providing a variety of options for residents, and the properties feature extensive common area amenities.  MG Properties plans to renovate both properties, upgrading unit interiors, common area amenities, and addressing deferred maintenance items.  

The total purchase price for the two properties was $68.1 million. The brokers for the transaction were Newmark Grubb Knight Frank, Mission Capital, and Auction.com.  Financing was arranged by Brooks Benjamin at KeyBank National Association. 

According to Mark Gleiberman, MG Properties Group’s chief executive officer, “The potential to create value through renovations and upgrades to these properties makes them an excellent fit for our fully integrated investment and management platform.  These assets will bring added value to our existing portfolio.”

MG Properties Group has purchased eight properties in the past year, totaling approximately 2,600 units and $370,000,000 in combined purchase price. The company is targeting further acquisitions in Arizona, California, Colorado, Nevada, Oregon, and Washington. 

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

Jenn Quader or Lexi Astfalk
 (949) 955-7940