The Residences at W Atlanta-Downtown Officially Sold Out

  

David Tufts

ATLANTA, GA – The Marketing Directors announces the complete sellout of 73 condos at The Residences at W Atlanta – Downtown located at 45 Ivan Allen Jr. Boulevard in Atlanta. This achievement highlights a strong desire for this luxurious five-star lifestyle and growing interest in Downtown living.

“I am proud that we were able to take a building that I originally helped plan and design from a casualty of the downturn to a great sellout with new ownership and new positioning,” said David Tufts, president of The Marketing Directors. “This property sellout further exemplifies that the luxury condominium market is back and in high demand.”

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

Liz Lapidus/Andi Hill

Liz Lapidus PR

404.688.1466

  andi@lizlapiduspr.com

Fran Murphy Interiors Warehouse in Riviera Beach, FL Sold for $1.62 Million; Deal Arranged by Marcus & Millichap

C. Todd Everett

RIVIERA BEACH, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Fran Murphy Interiors Warehouse, an 18,808-square foot industrial property located in Riviera Beach, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for $1,629,495.

C. Todd Everett and Brian L. Rosen, senior associates in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a private investor in Juno Beach, Fla.  The buyer was a limited liability company from Riviera Beach, Fla.

“There is a limited amount of available single-tenant owner/user buildings in this high-demand size range,” says Everett. “This sale represented an opportunity to acquire a property in the largest industrial submarket in Palm Beach County with direct access to major roadways and convenient proximity to the Port of Palm Beach.”

“Fran Murphy Interiors has operated from this location for over 20 years and are leasing back approximately 7,930 square feet of the property,” adds Rosen.

Constructed in 1997, Fran Murphy Interiors Warehouse is a class “B”, single-tenant industrial-warehouse property. The Fran Murphy Building sits on 1.39 acres at 8420 Resource Drive between Blue Heron Blvd. & Northlake Blvd, with direct frontage on I-95.

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

Ryan Nee

Regional Manager,

Fort Lauderdale, FL

(954) 245-3400

Hooters in Daytona Beach, FL Sold for $3.6 Million in Deal Handled by Marcus & Millichap

DAYTONA BEACH, FL  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Hooters, a 4,400-square foot net-leased restaurant property located in Daytona Beach, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. 

The asset sold for $3,600,000 equating to $818 per square foot.

  The buyer, a private investor from New York., was secured and represented by Marc E. Strauss, a first vice president investments in Marcus & Millichap’s Fort Lauderdale office.  The seller was a private investor from Atlanta, GA.

The 4,400-square foot building sits on a 1.25 acre lot and has prominent signage in the area’s main commercial corridor.  The property is currently undergoing renovations.

Marc E. Strauss

The buyer, who was in a 1031 exchange, purchased the property as a long-term investment.

 “The buyer was able to capture a perfect piece of real estate. According to the store manager, this Hooters location is one of the top 20 producing locations in the chain and it is consecutively ranked as having the ‘best week in sales,’” says Strauss.  

“The restaurant will also benefit from the new interchange of Interstate 95 and new to be built, nearby NASCAR Resort.”

Hooters sits directly across from the Daytona International Speedway at 2100 International Speedway Blvd.

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

Ryan Nee

Regional Manager,

Fort Lauderdale, FL

(954) 245-3400

$6.85 Million Sale of Summit Plaza in Palm Springs, FL Brokered by Marcus & Millichap

Howard Bregman

PALM SPRINGS, FL  – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, t announced the sale of Summit Plaza, a 44,300-square foot shopping center located in Palm Springs, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. The asset sold for $6,850,000 equating to $158 per square foot.

Howard Bregman, a senior associate, in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a private investor from Boynton Beach, Fla.  The buyer, who was in a 1031 exchange, was from Fort Lauderdale, Fla.

Summit Plaza is a 100 percent occupied two-tenant retail center which includes a core built-to-suit location for the Florida Department of Revenue for Child Support Enforcement. The center was completely renovated in 2005-2007. Also included in the sale was a 20,000-square foot site-plan-approved outparcel with direct frontage on Congress Avenue.

“Summit Plaza offered an investor a rare opportunity to acquire a cash-flowing, modernized, easy to manage and fully-occupied retail center in the heart of Palm Springs,” says Bregman.  “The buyer purchased a high cap rate asset with a tremendous upside in developing the outparcel.”

Summit Plaza is located at 839 S. Congress Avenue just north of Forest Hill Boulevard.

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

Ryan Nee

Regional Manager,

Fort Lauderdale, FL

(954) 245-3400

Marcus & Millichap Arranges $2.15 Million Sale of 16-Unit Victoria Park Village Garden Apartments in Fort Lauderdale, FL

                           

Brandon J. Rex

FORT LAUDERDALE, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Victoria Park Village Garden Apartments, a 16-unit apartment property located in Fort Lauderdale, Fla., according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office. 

The asset sold for $2,150,000 equating to $134,375 per unit.

Brandon J. Rex, a vice president investments, Evan P. Kristol, a senior vice president investments, and Alejandro Gonzalez, an associate, all in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a partnership from Fort Lauderdale, Fla.  The buyer is a limited liability company from Fort Lauderdale, Fla.

“This was a rare opportunity to acquire a gated and meticulously maintained apartment community in Victoria Park.  The property had not been offered for sale for many years,” says Rex.

 “We generated multiple offers from both local and national investors and the property ultimately sold to a limited liability company from Fort Lauderdale. The property’s highly sought after location and unit mix of all two-bedrooms warranted the high price per unit”

Built in approximately 1954 on a 0.46 acre site, the property consists of three, two-story garden style multifamily buildings comprised of all two-bedroom/one-bath units.

Victoria Park Village Garden Apartments is located south of Sunrise Boulevard, on NE 15th Avenue at the entrance to Victoria Park, at 912-918 NE 15th Avenue.

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

Ryan Nee

Regional Manager,

Fort Lauderdale, FL

(954) 245-3400

MBA’s Future Leaders Program Graduates 57 Residential and Commercial/Multifamily Real Estate Finance Professionals

 

Sabine Browning

SAN DIEGO, CA (Oct. 20, 2015) – The Mortgage Bankers Association (MBA) today recognized a total of 57 mortgage professionals -- 34 from the residential market segment and 23 from the commercial/multifamily market segment -- in a graduation ceremony for MBA’s Future Leaders Program held at MBA's  Annual Convention & Expo in San Diego, California.

Congratulations to the following graduates of the residential program:

Rebecca Almstrom, AMP, Wells Fargo Home Mortgage

Jason Bateman, BBVA Compass

Erin Bittenbender, PHH Mortgage

Sabine Browning, Colonial Savings, F.A.

Christina Bute, Chase

Larry Cappelletti, Alliance Home Loans

Matt Coles, Plaza Home Mortgage, Inc.

John Collins, Lake Michigan Credit Union

Michael Day, Censlar FSB

Erin Dee, Legacy Mutual Mortgage

Thomas Dowell, BuckleySandler, LLP

Mimi Eaton, United Guaranty Corporation

Adam Galbraith, PrimeLending

Christina Bute

Sherry Graziano, SunTrust Bank

Pamela Jenkins, Ameripro Funding, Inc.

Jamel King, SunTrust Mortgage, Inc.

Darlene Lee, Citibank, NA

Julie Mabie, SunTrust Mortgage, Inc.

Alec McKinley, Wells Fargo Home Mortgage

Brandon Miller, Essent Guaranty, Inc.

Darin Montgomery, U.S. Bank Home Mortgage

Jeremy Moreno, Optimal Blue, LLC

Rajdeep Nayak, Tavant Technologies

Arash Rassouli, PwC

David Rembert, CMB, AMP, Cornerstone Home Lending, Inc.

Andy Rosales, U.S. Bank Home Mortgage

Lawrence Silver, NewDay Financial, LLC

Todd Smith, U.S. Bank Home Mortgage

Christy Soukhamneut, Starkey Mortgage, LLP

Joseph Souza, Associated Bank

Jarod Temple, Genworth Mortgage Insurance

Scott Tweedy, Putle Mortgage LLC

Daniel Voigt, Comerica Bank- Mortgage Division

John Wadle, Stewart Lender Services 

For more information about the residential Future Leaders Program, visit https://www.mba.org/conferences-and-education/mba-education/leadership-development/future-leaders-program?utm_source=Informz&utm_medium=Email&utm_campaign=mba%2Eorg.

Christie Corallo

Congratulations to the following graduates of the commercial/multifamily program:

Timothy Borel, John Hancock Financial Services

Caleb Coffman, StanCorp Mortgage Investors, LLC

Christie Corallo, Berkadia

Andrew Dale, Prudential Mortgage Capital Company

Kevin Garmon, Situs

J.B. Gerber, Cornerstone Real Estate Advisers

Scott Hay, Bellwether Enterprise Real Estate Capital, LLC

John Heffernan III, NACRDDP

John Hofmann, KeyBank Real Estate Capital

Sharon Karaffa, Fannie Mae

Scott Lewis, CBRE Capital Markets

David Link, NorthMarq Capital, LLC

Andrew Lucca, KeyBank Real Estate Capital

William Mercer, DebtX

Melissa Morris, Berkadia

Mike Pacha, HFF

Mordecai Rosenberg, Greystone Servicing Corporation, Inc.

David Sisom, Wells Fargo Bank, NA

Stephanie Studer, AmeriSphere Multifamily Finance, LLC

Elliott Throne, HFF

Filiz Unal, Freddie Mac Multifamily

Domeica White, Wells Fargo Bank, N.A.

Kevin Williams, Greystone Servicing Corporation, Inc. 

For more information on the Commercial/Multifamily Future Leaders Program, visit https://www.mba.org/conferences-and-education/mba-education/leadership-development/future-leaders-program/commercial/multifamily-future-leaders-program?utm_source=Informz&utm_medium=Email&utm_campaign=mba%2Eorg. 

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

Ali Ahmad

aahmad@mba.org

(202) 557-2727

Meridian Capital Group Arranges $36 Million in CMBS Financing for the Refinancing of The Park at Murano and The Park at Veneto in Fort Myers, FL

Sarah Kuebler

 Carlsbad, CA, Oct. 20, 2015, – Meridian Capital Group, America’s most active debt broker, negotiated two loans totaling $36 million to refinance The Park at Murano and The Park at Veneto, two multifamily properties located in Fort Myers, FL. 

The refinances were negotiated on behalf of a partnership between Blue Rock Partners, LLC, Konover South, and Stonecutter Capital Management, LLC.

The five-year loans, provided by a CMBS lender, feature fixed-rates and 18 months of interest-only, followed by 30-year amortization schedules. 

These transactions were negotiated by Meridian Managing Director, Seth Grossman, and Vice President, Sarah Kuebler, who are both based in the Company’s Carlsbad, CA office.

The Park at Murano and The Park at Veneto are located at 3891 Solomon Boulevard and 4757 Barkley Circle, respectively, and together total 512 units. The properties were purchased 18 months ago, and since then, the sponsors have significantly renovated the properties and meaningfully increased their financial performance. 

Seth Grossman

These improvements allowed loan proceeds to be increased dramatically from the acquisition financings, while locking in interest-only payments at very attractive rates.

“The sponsorship team has done a phenomenal job improving the assets over the 18 months since acquisition and was able to take advantage of liquidity in the capital markets and lock in excellent five-year fixed rate loans,” said Mr. Grossman.

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

Jonathan Stern

Meridian Capital Group

212/972-3600

jstern@meridiancapital.com

www.meridiancapital.com

MORPAC Honors Rick Arvielo with the Distinguished 2015 Schumacher-Bolduc Award

  

Rick Arvielo

SAN DIEGO, CA  — The Mortgage Bankers Association Political Action Committee (MORPAC)  awarded Rick Arvielo, CEO New American Funding, with the 2015 Schumacher-Bolduc Award at the association’s Annual Convention and Expo held in San Diego, California.  

The award was given to Mr. Arvielo in recognition of his outstanding work on behalf of MBA’s political advocacy programs and the mortgage lending industry.

“Rick is one of the most dedicated MBA members when it comes to working on behalf of MORPAC and I can think of no one who deserves this honor more,” said MORPAC Chairman Jamie Korus.  “He has personally given time and resources, as well as that of his company's, to make certain MORPAC continues to break its fundraising goals.”

The award is named in honor of two distinguished professionals in MORPAC’s history: Ernest P. Schumacher, founder and first Chairman of MORPAC and Mark P. Bolduc, whose exemplary service as MORPAC Director helped the PAC to become the political force it is today.

This year, Rick led an advocacy campaign at New American Funding that was broadcast to nearly 700 employees. Rick’s leadership raised a record amount for a MORPAC company campaign, and added 75 new enrollees to the Mortgage Action Alliance, bringing their company total to over 350 active members.

Outside of MORPAC, Rick sits on MBA’s RESBOG and also the MORPAC Committee.

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

Rob Van Raaphorst

rvanraaphorst@mba.org

(202) 557-2799

Jim and Judy Deitch, Deitch Family Foundation Presented with Mortgage Banker Association Opens Doors Foundation Community Champion Award

SAN DIEGO, CA (Oct. 20, 2015) – Today, the Mortgage Bankers Association (MBA) announced Mr. and Mrs. Jim and Judy Deitch and the Deitch Family Foundation, are the recipients of the “MBA Opens Doors Foundation Community Champion Award.”  

The award recognizes those who have dedicated significant time and effort to advance the foundation’s mission to enable families with a critically ill or injured child to keep their home, even in the face of significant medical bills.

“I am honored to present the 2015 MBA Opens Doors Foundation Community Champion Award to Jim and Judy Deitch and their foundation,” said Debra Still, CMB, Chairman of the MBA Opens Doors Foundation and President & CEO of Pulte Mortgage.

 “Mr. and Mrs. Deitch have done so much for the Foundation.  Their charitable giving includes a large personal donation, but it has gone far beyond that.  As it turns out, the Deitch family also has ties to the music industry, which they have used creatively to give from the heart."

Debra  Still

Still continued: “Working with a talented singer/songwriter, Jim and Judy have produced and underwritten a beautiful song, ‘Call It Home.’  The song is featured in the video which introduces our mission and all proceeds from its sale on iTunes are contributed to Opens Doors.”

Mr. Deitch is the co-founder and CEO of Teraverde and co-founder of the American Home Bank division of First National Bank of Chester County.  Previously, he was a Chairman, CEO, and co-founder of Keystone National Bank and Keystone Financial Mortgage Corporation, as well as President, CEO and director of Parent Federal Savings Bank.

Opens Doors is currently able to pass 100 percent of the donations it receives on to families in need of assistance. The Foundation's ongoing relationship with Washington, D.C.'s Children's National Medical Center and more recently Children's Hospital Colorado, provides partner organizations to help identify potential grant recipients.

Opens Doors is a 501(c)(3) organization and all contributions are tax deductible.  For more information about the Foundation or to make a donation, please go to www.mbaopensdoors.org.

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

Ali Ahmad

aahmad@mba.org

(202) 557-2727

Mortgage Bankers Association Education Recognizes 17 New Certified Mortgage Bankers

  

Susan Brown

 SAN DIEGO, CA – MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 17 individuals who earned the Certified Mortgage Banker (CMB) designation at a ceremony held at MBA’s 102ND Annual Convention & Expo in San Diego, CA. 

Earning one’s CMB is the highest professional honor within the real estate finance industry.

“The knowledge that comes with the CMB accreditation is the most significant component of this honor because it positions one to navigate today’s ever-changing landscape,” said MBA Chairman Bill Emerson. “I applaud this year’s graduates and wish them luck in their continued career advancement.”

MBA Education awarded the following industry professionals with the CMB designation from November 2014 to October 2015:

Commercial CMB Designees

Alan Warren, CMB: Vice President, Q10 Capital, LLC – San Antonio, TX

Retta Gardner

Residential CMB Designees

Michael Bailey, CMB: SVP, Chief Administrative Officer, Yadkin Bank – Greensboro, NC

Susan Brown, CMB, AMP:  SVP, Residential Construction Production Manager, Umpqua Bank – Lake Oswego, OR

Mark A. Deitz, CMB: SVP, Area Sales Manager, EagleBank – Potomac, MD

Faycal Fakhry, CMB, AMP: Vice President, Regulatory Compliance,  Newcourse Communications – Nashville, TN

Michael M. Forester, CMB: Managing Director, CrossCheck Compliance LLC – Chicago, IL

Charles Fues, CMB, AMP: Relationship Manager, Cenlar FSB – Ewing, NJ

Retta Gardner, CMB, AMP: President and CEO, Guaranty Trust Company – Murfreesboro, TN

Mark Harmon, CMB: Vice President, Mortgage Lending, Renasant Bank – Birmingham, AL

Bill Emerson

Robert Loesch, CMB, AMP: Account Manager, Essent Guaranty, Inc. – Carlsbad, CA

John Murphy, CMB: Vice President, Mortgage Lending, Consumers Credit Union – Oshtemo, MI

Ann Christine Ortigara, CMB: Director, CrossCheck Compliance LLC – Chicago, IL

Thanh Pham, CMB: Relationship Manager, Associated Bank – Chicago, IL

David Zitting, CMB:  Chief Executive Officer, Primary Residential Mortgage, Inc. – Salt Lake City, UT

  

 CMB Designees from the Executive Certified Mortgage Banker program

John Bollman, CMB: Executive Vice President, Commonwealth Bank Trust – Louisville, KY

Deborah J. Moore, CMB: Senior Vice President, Capital Markets Cooperative, LLC – Ponte Vedra Beach, FL

David H. Stevens, CMB: President and CEO, Mortgage Bankers Association – Washington, DC

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

Rob Van Raaphorst

rvanraaphorst@mba.org

(202) 557-2799

WNC Promotes Wendy Yan to Vice President, Underwriting

   

Will Cooper Jr.

 IRVINE, CA – WNC, a national investor in real estate and community development initiatives, announced that 20-year affordable housing veteran Wendy Yan has been promoted to vice president of underwriting.

“Wendy has a wealth of experience and has shown great commitment to WNC’s mission of protecting and expanding the nation’s limited supply of affordable housing,” said Will Cooper Jr., president and chief executive officer of WNC.

 “She is a well-respected professional with an in-depth understanding of low-income housing tax credits and I couldn’t be happier to announce her new and expanded role.”

Yan joined WNC, a leader in the LIHTC industry, in 2011 as a senior project manager of underwriting and was later promoted to a director of underwriting. Throughout her career, she has been involved in land acquisition and entitlement, due diligence review, financial underwriting/structuring and public and private financing.

Yan earned a bachelor’s degree and a master’s degree from the University of California, Los Angeles.

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

Julie Leber

Spotlight Marketing Communications

949.427.5172, ext. 703

julie@spotlightmarcom.com

HFF arranges $33.745 million financing for 133 West 52nd Street in Midtown Manhattan

133 West 52nd Sreet condominiums,  Midtown Manhattan, NY

 

Andrew Scandalios

NEW YORK, NY – Oct. 19, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $33.745 million in financing for 133 West 52nd Street, a six-story commercial condominium in Midtown Manhattan.

Working on behalf of the borrower, MRP Realty and Long Wharf Real Estate Partners LLC, HFF placed the three-year, floating-rate loan with a mid-size bank.  Loan proceeds were used to acquire the property and have been allocated towards leasing available space.

133 West 52nd Street is a newly-completed 55,744-square-foot commercial condominium located at the base of a brand new, 46-story luxury condominium conversion. 

The property, known as a ‘building within a building’ is comprised of six floors, with its ground floor lobby adjacent to the residential lobby for 135 West 52nd Street and a retail condominium soon to be occupied by BLT Steak restaurant. 

This unique property will be marketed to a wide variety of tenants from corporate users to creative technology firms as well as retail, showroom, and medical office, and will feature a baseline design allowing flexibility to accommodate a specific tenant or group of tenant’s desired look and feel. 

The property fronts 6 1/2 Avenue at 133 West 52nd Street and is situated between 6th and 7th Avenues in Midtown close to Rockefeller Center, Central Park and Columbus Circle.

The HFF debt placement team representing the borrower was led by senior managing director Andrew Scandalios and associate director Christopher Peck.

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

ohennessey@hfflp.com

www.lwrep.com.

Minor Hotel Group Announces Development of Anantara Desaru Resort in Malaysia

BANGKOK, MALAYSIA, Oct. 19, 2015 -- Minor Hotel Group (MHG), a hotel owner, operator and investor, currently with a portfolio of 135 hotels and resorts in 22 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean, has announced additional details of its joint venture with Malaysian partner, Themed Attractions Resorts & Hotels Sdn. Bhd. (TAR&H), a subsidiary of Khazanah Nasional Berhad, to develop an Anantara resort in Desaru Coast in south-east Malaysia.

MHG‘s shareholding of the 242 million MYR (USD 58 million) project is 60%, with TAR&H holding 40%.

Scheduled to open in 2018, the new-build Anantara Desaru Resort & Villas will be located in the heart of the new beachfront development in Desaru Coast and will have 123 keys comprising a 103-room resort with deluxe guest rooms and villas and 20 three- and four-bedroom Villas. Facilities in the resort will include restaurants and bars, two swimming pools, a lounge and observation bar, kids and teens clubs, meeting rooms, a gym and an Anantara Spa. Watersports will also be available.

Desaru Beach, Malaysia

Desaru Coast is a resort area located at Malaysia’s south-eastern tip in Johor Bahru and spans over 3,900 acres along a pristine 17 kilometre beachfront facing the South China Sea. 

It is in close proximity to Iskandar Malaysia and is easily accessible, 45-minutes from Senai International Airport and a two-hour drive from Singapore. Additionally visitors from Singapore can travel to Desaru Coast by ferry followed by a short drive.

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

www.GlodowNead.com

杨慧萍

副总裁

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

E: hweepeng@glodownead.com

 www.GlodowNead.com

Belinda Sime sells $3.5 Million Coral Gables Estate Home for Owner of Buchwald Jewelers

Belinda Sime

CORAL GABLES, FL – Belinda Sime, president of the residential real estate division of  Sime Realty Corp., listed and sold a Coral Gables Estate Home valued at $3.5 million, $450 per square foot.  

The home is located at 2420 Granada Blvd. in the central Coral Gables area near the Biltmore Hotel.

The seller was Bobby Buchwald, owner of Buchwald Jewelers in Downtown Miami. The buyers were Kevin Lee Simmons and Tirza Elizabeth Simmons.

The beautifully landscaped 7,775-square-foot, seven-bedroom, six-and-a-half-bathroom home was built in 2007 and is situated on a large 20,250-square-foot lot.  

Features included high ceilings, premium hardwood and marble floors, spacious high-end kitchen and appliances, three-car garage, maid’s quarters, saltwater pool, elaborate security system and other estate-quality amenities.

“Estate homes in the Gables, Coconut Grove and Pinecrest areas have been selling very well,” said Belinda Sime.  “We implemented a customized marketing plan for this property and sold it in just a few months.”

2420 Granada Boulevard, Coral Gables, FL

She and her team specialize in listing and marketing luxury homes in these submarkets.  They closed a total of 65 sales in 2014.

Belinda Sime Realtors™, PA, a/k/a Real Estate by Belinda, is a division of Sime Realty Corporation representing residential real estate buyers and sellers in Coral Gables, Pinecrest, Coconut Grove, Brickell and South Miami. 

Belinda Sime and her team have extensive experience and success marketing luxury homes.  She can be reached at (786) 344-9579 or via email at belindasgables@aol.com

 and seen on the web at http://realestatebybelinda.com.

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

Don Silver, BoardroomPR

(954) 370-8999

donsil@boardroompr.com

Dan Phelan Presented with MBA Education Rosser Lifetime Achievement Award

Dan Phelan

SAN DIEGO, CA – The Mortgage Bankers Association’s (MBA)  today presented Dan Phelan, CMB, CRI, CCMS, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.

“Dan is one of the industry’s strongest advocates for MBA’s School of Mortgage Banking,” said Bill Emerson, MBA Chairman.

 “He believes that enhanced industry education is the path to restoring faith and confidence among consumers and policymakers in our industry and those individuals who practice it.

“He has put this belief into action as a frequent instructor for the School of Mortgage Banking, a teacher in the Commercial Real Estate Finance Program at the University of San Diego and serving as a guest lecturer for many of the undergraduate and graduate courses offered there. ”

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

Ali Ahmad

aahmad@mba.org

(202) 557-2727