JLL announces $51 million sale of Broadstone Scottsdale Horizon in North Scottsdale, AZ

Broadstone Scottsdale Horizon Apartments, 9259 East Raintree Drive, Scottsdale, AZ

John Cunningham

PHOENIX, AZ – On behalf of Rockwood Capital and Alliance Residential Company, JLL’s Capital Markets experts announced the firm completed the sale of Broadstone Scottsdale Horizon, a 330-unit multifamily rental community in one of the most coveted neighborhoods in North Scottsdale, Arizona. 

MG Properties purchased the community for $51 million.

Executive Vice President John Cunningham and Senior Vice President Charles Steele led the JLL team on the deal.

“The Phoenix multifamily market continues its economic expansion, with a balanced supply of new units in concert with strong job growth in leading sectors representing long-term sustainability,” said Cunningham. 

“North Scottsdale is in attractive proximity to all of metro Phoenix’s major employment corridors, putting it in a prime position to capitalize on the area’s strong amenity base and the appeal that provides to a growing renter base.”

Located at 9259 E. Raintree Drive in Scottsdale, at Raintree Drive and 92nd Street, Broadstone Scottsdale Horizon sits within a high-amenity submarket that includes neighborhood grocery and power centers, luxury retailers and restaurants, award-winning schools and immediate access to the Loop 101 Freeway. The targeted submarket renter (age 25 – 34) is projected to grow by three percent over the next five years.

Charles Steele

Averaging 883 square feet, units at Broadstone Scottsdale Horizon feature 9- and 22-foot ceilings, wood burning fireplaces, contemporary kitchens and dual master bedroom designs with private patio or balcony access off of every bedroom to enjoy direct mountain views.

 Common areas include a resort-style pool, resident clubhouse, business center and fitness facility. Built in 1986, the community has enjoyed regular improvements, but represents the opportunity to add value through additional amenity and unit upgrades.

 For more news, please visit The Investor, an online and mobile app news source providing real-time commercial real estate news to asset buyers and sellers around the world.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv.

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

Stacey Hershauer

focusAZ

Marketing & Public Relations

(480) 600-0195

www.focusaz.com

Marcus & Millichap Arranges $650,000 Sale of The Vineyard Apartments in Clearwater, FL

  

 

Shawn Rupp

CLEARWATER, FL, Dec. 23, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The Vineyard, a 12-unit apartment community located in Clearwater, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office. The asset sold for $650,000.

“The seller had done significant improvements to the property and had stabilized the asset after buying it out of foreclosure,” says Shawn Rupp, associate in Marcus & Millichap’s Tampa office. “Our marketing process generated a bidding war for the property, which ultimately resulted in a closing within four percent of listing price.”

Rupp, along with Casey Babb, CCIM and vice president investments, and Luis Baez, CCIM and senior associate, also in the firm’s Tampa office, had the exclusive listing to market the property on behalf of the seller. 

The Vineyard a 1960’s vintage apartment community located at 1015 Vine Avenue in Clearwater, Florida. The property consists of twelve, two-bedroom/one-bathroom apartments averaging approximately 576 square feet and featuring private entrances, granite countertops, new cabinets and new tile floors. The units are housed in six, one-story, garden-style apartment buildings.

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

Ari Ravi

Regional Manager

Tampa

(813) 387-4700

American Realty Advisors Acquires Class A Trophy Office Asset in San Francisco’s Transbay District

  

Foundry Square III, Transbay District, San Francisco, CA

 

Drew Hess

San Francisco, CA – American Realty Advisors (“ARA”), a leading real estate investment firm, announced the acquisition of Foundry Square III, a Class A trophy office asset located in the heart of San Francisco’s highly sought-after and amenity-rich Transbay District.

ARA has acquired the property on behalf of one of its open-end commingled real estate funds. The seller, a development joint venture between Tishman Speyer and institutional investors advised by J.P. Morgan Asset Management, completed the building in 2014.

The seller was represented by Jeffrey Weber and Stephen Van Dusen of Eastdil Secured. 

Located one block from San Francisco’s visionary $4.5 billion Transbay Transit Center, Foundry Square III is at the intersection of the South Financial and SOMA submarkets and is surrounded by premier technology, financial, legal and consumer goods companies. The area is in immediate proximity to a number of public transit options and neighborhood amenities.

The LEED Certified-Gold asset consists of a single 10-story 291,093 sf dynamic office building that includes ground floor retail space. Foundry Square III, built in 2014, is 100% leased to high quality tenants including IBM, NASDAQ, Perkins Coie, Neustar, and Silicon Valley Bank.

 

Austin Maddux

The property features state-of-the-art building systems, floor to ceiling glass, abundant building amenities including an open air sky deck, large efficient floor plates and a two-story lobby with a unique living wall.

Drew Hess, Senior Director, Investment Group, American Realty Advisors, notes, “acquiring a recently completed high-quality asset with long-term leases in-place to creditworthy tenants at First and Howard streets is the ultimate core investment.  We see San Francisco continuing to lead global innovation with this location as the epicenter.”

ARA focuses its national investment activity in major metropolitan markets that are innovation hubs containing high concentrations of our nation’s globally competitive industries that benefit from highly educated/professional human capital.

 “This acquisition gives us a significant position in one of the strongest office markets in the country adding to an existing San Francisco office portfolio that includes 153 Townsend in SOMA,” adds Austin Maddux, Assistant Portfolio Manager at American Realty Advisors. “Foundry Square III brings stability of income and potential future upside in an urban setting that is poised for long-term value appreciation. This acquisition represents the type of high-quality assets our firm continues to seek and we are pleased to add this exceptional property to our portfolio.”

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

Lexi Astfalk / Jenn Quader for American Realty Advisors

Brower, Miller & Cole

(949) 955-7940,

LAstfalk@browermillercole.com

www.americanreal.com.

Draper and Kramer Acquires 324-Unit The View at Encino Commons Apartment Community in San Antonio, TX

The View at Encino Commons Apartment Homes, Stone Oak Area, San Antonio, TX

                                                                                                         

CHICAGO, IL  – Chicago-based Draper and Kramer, Incorporated, one of the largest privately held, full-service real estate firms in the United States, has expanded its presence in the San Antonio market with the acquisition of The View at Encino Commons Apartment Homes, a 324-unit rental community in the Stone Oak area of north central San Antonio, just 17 miles from the city’s central business district.

Located at 21303 Encino Commons Blvd., The View at Encino Commons includes 27 two-story residential buildings with a mix of one-, two- and three-bedroom units, as well as a separate clubhouse/leasing center.

Forrest D. Bailey

Situated on a hilltop site overlooking U.S. 281, which provides easy access to downtown San Antonio, the property is in a popular infill area in proximity to well-regarded schools, a variety of retail and restaurant offerings, and major employment centers including the Stone Oak Medical Center.

“With population and job growth fueling strong absorption rates, San Antonio is an ideal investment opportunity for us as we broaden our national footprint,” said Forrest D. Bailey, president and CEO of Draper and Kramer.

“We first entered this market last year with the acquisition of Sonterra Blue, another rental community in Stone Oak, and based on our positive experience with that property, we sought out additional opportunities in the same area to gain economies of scale.

“ The View at Encino Commons is a great addition to our San Antonio portfolio with its combination of a high-demand location and upside potential through the renovation of both common areas and individual units.”

For more information on The View at Encino Commons Apartment Homes, call (312) 580-6547 or visit www.draperandkramer.com.

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

Sarah Lyons, slyons@taylorjohnson.com, (312) 267-4520

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

Transwestern Named a Green Master by Wisconsin Sustainable Business Council

  

Dorothy Schwarz

  

MILWAUKEE, WI – Transwestern Sustainability Services announced it has been recognized by the Wisconsin Sustainable Business Council as a Green Master, the highest honor bestowed by the council.

The title is awarded to the top 20 percent of leaders in the state of Wisconsin that demonstrate continuous improvement and commitment to sustainability areas including energy, water, waste and social actions. Transwestern is the only commercial real estate firm to be recognized.

“Not only do we advise clients on how to build efficiencies into their operations, we live it ourselves,” said Dorothy Schwarz, vice president of operations. “Transwestern is proud to be recognized as a Green Master and continue cutting operating expenses through sustainable measures both internally and for our clients.”

Throughout 2016, Transwestern Sustainability Services has benchmarked the more than 400 buildings Transwestern manages nationwide, promoted internal energy and water conservation programs, certified 11 LEED® projects with eight more in progress, and participated in the Milwaukee Better Buildings Challenge, a program that provides energy management tools to Class B and C buildings.

 Additionally, Transwestern utilizes natural light as its primary lighting source, centralized trash collection, robust recycling, electronic file storage, auto shutoffs on office equipment and teleconferencing to reduce travel.

On a national level, Transwestern has been honored as an ENERGY STAR® Partner of the Year recipient for 13 consecutive years and is a Platinum member of the U.S. Green Building Council.

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

Gretchen Muller

 Taylor Johnson Public Relations

312.267.4511

gmuller@taylorjohnson.com

twmediarelations@transwestern.com

www.transwestern.com

 @Transwestern

@TWGreenBldgs

Walker & Dunlop Expands Investment Sales Platform in Jacksonville, FL

Brian Moulder

JACKSONVILLE, FL - Walker & Dunlop recently announced that it has hired a team of multifamily investment sales professionals in Jacksonville, Florida. The Florida team, led by Brian Moulder, consists of the following members who will be responsible for the marketing and sale of multifamily properties in Florida and the surrounding regions. 

Brian Moulder

SVP & Managing Director

Office - (904) 712-6650

bmoulder@walkerdunlop.com Throughout his career, Mr. Moulder has assisted in the marketing and disposition of over $7 billion in multifamily assets and land for multifamily development. Prior to joining Walker & Dunlop, Mr. Moulder worked at CBRE, where he began his commercial real estate career in 2003. During his time at CBRE, he served as executive vice president of the Jacksonville Multifamily team and was one of the top producing sales brokers across the state of Florida.

Dhaval Patel

SVP & Managing Director

Mobile - (904) 742-7268

dpatel@walkerdunlop.com Throughout his career, Mr. Patel has assisted in the marketing and disposition of over $6 billion in multifamily assets and land for multifamily development. Prior to joining Walker & Dunlop, Mr. Patel spent over 12 years working at CBRE where he held the executive vice president position for the Jacksonville Multifamily team.

Greg Engler

George Bacon

Senior Vice President

Mobile - (904) 487-8171

gbacon@walkerdunlop.com Prior to joining Walker & Dunlop, Mr. Bacon was part of the Multifamily team at CBRE. Throughout his career, Mr. Bacon has been involved in the marketing and disposition of over 20,000 multifamily units throughout the Southeast.

  

Walker & Dunlop Executive Vice President, Greg Engler, stated, "We are thrilled to welcome Brian, Dhaval, and George to Walker & Dunlop and to expand the geographic reach of WDIS into Northern Florida.

"These talented investment sales professionals have fantastic experience as well as strong client relationships that will allow them to take advantage of the significant opportunity in this region and strengthen our platform's position as a market leader in the Florida investment sales space."

 Walker & Dunlop Investment Sales (WDIS) is built upon a rich history of representing the nation's premier owners and developers of multifamily properties in their capital raise and disposition efforts. WDIS leverages extensive relationships within the institutional investment arena with Walker & Dunlop's market leading finance platform to provide the highest level of multifamily advisory in the country.

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

Greg Engler

Walker & Dunlop

Tower Place 200

3348 Peachtree Road NE

Suite 900

Atlanta, GA 30326 

HFF closes sale of One and Two Liberty Square in Greenville, SC

One and Two Liberty Square, Greenville, SC

Ryan Clutter

 CHARLOTTE, NC – Dec. 22, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of One and Two Liberty Square, two Class A office buildings totaling 445,612 square feet in Greenville, South Carolina.

HFF marketed the property on behalf of the seller, HB Liberty Square, LLC, and procured the buyer, Lingerfelt CommonWealth Partners.  The property was sold free and clear of existing debt.

One and Two Liberty Square is situated on 1.536 acres at 55 and 75 Beattie Place one block away from the future federal courthouse in Greenville’s central business district. 

This location is convenient to Interstates 385, 85 and 26 providing access to surrounding executive communities, the greater Greenville-Spartanburg metro and the broader Southeast market, including Charlotte, Atlanta and Columbia, South Carolina. 

The 16-story, 258,047-square-foot Liberty One and the 12-story, 187,565-square-foot Liberty Two buildings are 81 percent leased to tenants, including Sherman Financial; Brown Mackie; Shellpoint Mortgage and Gallivan, White & Boyd.  In the last two years, Liberty Square has been extensively renovated with upgrades to the common areas, lobbies, restrooms, exterior areas and elevators. 

Ralph Smalley

The HFF investment sales team representing the seller was led by senior managing director Ryan Clutter, managing director Ralph Smalley, director Scot Humphrey and associate director Kelly Kuykendall.

“Liberty Square I & II are two iconic assets on the Greenville, South Carolina skyline that offer a tremendous opportunity to acquire significant critical mass in the Greenville CBD,” commented Clutter. 

“Institutional capital is taking note of the vibrant economy in Greenville and throughout the state of South Carolina and we believe we will continue to see more and more capital targeting this region in the year ahead.” 

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

Kristen Murphy

Director, Marketing

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

tel 617.848.1572 | fax 617.338.2150 | www.hfflp.com

krmurphy@hfflp.com

www.lingerfeltcommonwealth.com

HFF closes $170 million sale of Pacwest Center in Portland’s central business district

Pacwest Center, 1211 SW 5th Avenue, Central Business District, Portland, OR

Nick Kucha

PORTLAND, OR – Dec. 21, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $170 million sale of Pacwest Center, an iconic, 30-story, 545,000-square-foot office tower in Portland, Oregon.

HFF marketed the property on behalf of the seller, The Ashforth Company and an institutional investor, and procured the buyer, LPC Realty Advisors I, LP, on behalf of a pension fund client.  The $170 million sale represents the largest commercial office transaction in Portland in 2016. 

Pacwest Center is located at 1211 SW 5th Avenue at the epicenter of Portland’s 57-block Transit Mall in the city’s central business district.  The immediate area surrounding the property has more than one million square feet of development currently underway, including Broadway Tower and 1320 Broadway.

  With a Walk Score® of 99, a Transit Score® of 96 and a Bike Score® of 92, the asset is a true transit-oriented property.  Pacwest Center features parking for 413 vehicles through valet and self-parking and is an Energy Star-rated building. 

The new buyer intends to significantly renovate the tower by modernizing the common spaces, the main lobby and shared amenities.  PacWest Center is 76 percent leased to tenants, including Merrill Lynch, Markowitz Herbold, Schwabe, Key Bank of Oregon and Perkins & Company. 

The HFF investment sales team representing the seller was led by senior managing directors Nick Kucha and Michael Leggett, co-head of HFF’s West Coast team.

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

 

Kristen Murphy

Director, Marketing

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

tel 617.848.1572 | fax 617.338.2150 | www.hfflp.com

krmurphy@hfflp.com

www.ashforth.com.

The Keyes Company’s Nash Group Selected to Market Bear’s Club Compound in Jupiter, FL with $10 Million List Price

Bear's Club Condominium, 191 Bears Club Drive, Jupiter, FL

JUPITER, FL, Dec. 21, 2016 – Billy Nash of The Keyes Company’s Nash Group has announced the marketing of a stately compound located in the exclusive Bear’s Club luxury residential and golf course community founded by the legend himself, golfer Jack Nicklaus, and his wife Barbara. The property will be offered at $10 million and globally marketed strategically.

The six-bedroom, seven-bathroom compound at 191 Bears Club Drive represents a rare opportunity to acquire a home within the private Bear’s Club, which includes a championship 18-hole golf course and Par 3 Nicklaus Signature course, as well as a 40,000-square-foot clubhouse.

Jack and Barbara NIcklaus

The community includes numerous celebrity homeowners who covet the exclusivity and amenities. Bear’s Club residents include Michael Jordan, tennis stars Serena and Venus Williams and PGA and LPGA touring pros Luke Donald, Ernie Els and Michelle Wie.

Custom built in 2005, the 191 Bears Club Drive compound has more than 17,000 square feet, with 13,000 square feet under air.

Venus and Serena Williams

The stunning home includes a 2,000-square-foot master bedroom, steam room/sauna and grand staircase that leads to a hallway specifically designed – with wall niches – to showcase fine art collections.

The more than one-acre property has expansive views of the third and fifth holes and is located just one mile away from the beautiful waters of Jupiter and 20 minutes from Worth Avenue in Palm Beach.

 “This compound is a spectacular masterpiece nestled in one of the most prestigious golf course communities in the world designed by ‘The Bear’ himself, Jack Nicklaus,” said Nash, who has spent nearly 25 years working with and advising ultra-high-net-worth individuals and their families. “It is an art collector’s dream to showcase your personal collection. Bring your Picassos and Rembrandts.”

Billy Nash

Keyes' Nash Group will leverage Nash’s exclusive relationships built over the last two decades. The Nash Group was also recently chosen to market a Key Biscayne compound with a $36 million list price.

“Ultra-luxury properties all have stories to be told, and to market them properly and identify the right buyer is an art form in itself,” said Nash.

The Bear’s Club and Key Biscayne listings and recent deals like the $25.8 million sale of a Gables Estates mansion, as well as the July 2016 merger with Illustrated Properties, reflect the strength of Keyes’ luxury position.

Michael Jordan

Following the merger, Keyes and Illustrated are, together, the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. Keyes and Illustrated have doubled their $1 million-plus property sales throughout South Florida.

Independently-owned and operated since its founding in 1926, Keyes stays very active in luxury residential real estate alongside its Valore Group Real Estate and Platinum Properties divisions.

Michelle Wie

 Keyes annually sells $650 million in luxury homes priced at $1 million or more. The company expects to grow its annual sales velocity in that category to more than $1 billion.

Keyes is a founding member and shareholder of Leading Real Estate Companies of the World®, a global network of more than 550 premier real estate firms encompassing 4,000 offices and more than 128,000 Sales Associates in 55 countries, and Luxury Portfolio International™.

Luke Donald

Independently-owned and operated since 1926, The Keyes Company is a leader in the real estate industry. Keyes completed a merger with Illustrated Properties in July 2016.

Following the merger, Keyes has 58 offices, more than 3,000 Associates and nearly $6 billion in annual real estate sales and services. Keyes’ offices are distributed throughout six counties – Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, and Volusia. Keyes expands our Associates’ reach globally as a Founding Member and Shareholder of Leading Real Estate Companies of the World®.

Ernie Els

 In addition to our Associates’ expertise, The Keyes Company offers a suite of resources to cover whatever needs arise while buying or selling your home. Your mortgage, title, insurance, and property management needs can all be managed in-house, allowing us to close your deal with speed and efficiency while giving you the opportunity to talk to a real person whenever you have a question.

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

 

Eric Kalis

Account Director, BoardroomPR

ekalis@boardroompr.com

O 954-370-8999

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

               

The Academy apartments sells above list price in the Hyde park submarket of south tampa, FL

Shawn Rupp

TAMPA, FL, Dec. 21, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The Academy, an 18-unit apartment building located in the Class A, Hyde Park submarket of Tampa, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office. 

The asset sold for $2,205,000, which was 111 percent of the list price.

“This was a truly one-of-a-kind asset in the historic Hyde Park submarket of South Tampa,” says Shawn Rupp, associate in Marcus & Millichap’s Tampa office. 

“Our marketing efforts generated 22 tours and multiple offers over list price. This property had a tremendous amount of future potential, which we were able to help the market visualize with detailed interior and exterior photo renderings and a solid business plan.”

Rupp, along with Luis Baez, CCIM and senior associate, and Casey Babb, CCIM and vice president investments, both in the firm’s Tampa office, had the exclusive listing to market the property on behalf of the seller.  They also procured and represented the buyer.

The Academy is an 18-unit apartment building located at 404 South Newport Avenue in the Hyde Park submarket of South Tampa, arguably one of the strongest rental submarkets in the Tampa Bay area. 

It is just south of Platt Street and a short walk to Hyde Park Village, South Howard Avenue and Bayshore Boulevard. Built in 1924, this building features the charm and character typical for buildings from this historically rich construction era. 

The two-story building consists of four studio apartments, 11 one-bedroom/one-bathroom units and three, two-bedroom/one-bathroom ranging in size from 570 to 1,050 rentable square feet.

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

                 

Ari Ravi

Regional Manager, Tampa

(813) 387-4700

Atlantic | Pacific Companies Acquires its 9th Apartment Community in Texas

  

Greg Ward

MIAMI, FL – Florida-based Atlantic | Pacific Companies (A|P Companies) with their co-sponsored fund, Blue Atlantic Partners, completed its 5th acquisition this year – and 9th in the state of Texas – with the acquisition of Vintage Park Apartments located in Houston, TX.

The recently closed transactions increase A|P’s holdings in Texas to over 3,000 units and expands A|P’s regional reach to 35 market-rate multifamily communities. Atlantic | Pacific Management (A|P Management), the property leasing & management platform under A|P, will handle all property management responsibilities for both properties.

The property is located near Vintage Park Shopping, and boasts a full suite of luxury amenities including a swimming pool with splash pad, fire pit, HDTV’s, picnic areas with barbeque grills, business center, 18-seat media room, state-of-the-art fitness center, lush landscaping, a children’s playground, covered parking, and an outdoor seating area with a fireplace.

                  

Vintage Park Apartments, consisting of 324 units, offers residents a range of one and two-bedroom floor plans featuring ceramic tile flooring, modern Whirlpool appliances, marble tile with mosaic accents in bathrooms, garden tubs and full-size stackable washer and dryer. Select units in the community offer island kitchens, walk-in showers and fossilized stone fireplaces.

Vintage Park Apartments, Houston, TX

Greg Ward, Chief Investment Officer, remarked, “Houston is one of the fastest growing metropolitan areas in the country.  

Acquiring a value-added property like Vintage Park Apartments makes this investment compelling.   We are proud to add the community to our portfolio.”

 For more information about A|P Companies and its array of real estate services including development, property management, affordable housing, and construction, visit www.apcompanies.com/management or call (800) 918–1145. Follow A|P on Facebook (@AtlanticPacificCompanies), Instagram (@APCompanies) and Twitter (@APCompanies).

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

Jessica Wade Pfeffer | JWIPR

jessica@jwipr.com | 305.804.8424

Margie Sernik | JWIPR

margie@jwipr.com | 786.200.2516

Rhodes+Brito Names New Project Architect

Chad Jones

ORLANDO, FL  – Rhodes+Brito Architects recently named Chad Jones, AIA as a project architect for the firm. 

 Ruffin Rhodes, AIA, co-founder of the architectural firm, said Jones graduated from Washington University in St. Louis with a Bachelor of Science in Architecture and holds a Master of Architecture from the University of Miami.

Jones has more than 10 years of project experience in urban design and project management involving libraries, colleges, civic centers and public schools.  

In his new role at Rhodes+Brito, Jones will be responsible for overseeing architectural aspects of design development, production of construction documents and coordinating needs of the client with staff and consultants. 

 His special focus will be on the higher education and K12 education market sectors of Rhodes+Brito. 

Rhodes+Brito, an Orlando firm founded in 1996, currently employs a staff of 21, including eight registered architects. The firm has exceptional experience providing architectural services to a wide variety of agencies throughout the state of Florida, including municipal government agencies, federal, education, aviation and senior living facilities. Rhodes+Brito Architects is the current Orlando AIA 2016 Firm of the Year.

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

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

   

Hunter's Ridge in Ormond Beach, FL gearing up to proceed on DRI with Unanimous County Commission Vote

Marisol Santiago Soderstrom

Ormond Beach, FL --- The Flagler County Commission recently voted unanimously to lift the hold imposed five years ago on the Hunter’s Ridge DRI, now positioning the mixed-use project for immediate development on SR 40 three miles west of Interstate 95 on the Flagler-Volusia border.

John Kurtz and Marisol Santiago Soderstrom of Premier Sotheby’s International Realty in Lake Mary, brokers of record for the project, said the DRI was held up in 2011 until impact issues and other concerns were ironed out.  

The real estate market had then softened so developers decided to coast awhile to do more research and planning.

At the Dec. 5 county commission meeting the project was in full compliance.   All four commissioners voted for Hunter’s Ridge to proceed with the 5,000-acre updated DRI (development of regional impact) that includes 1,900 acres designated as a recreational park to be deeded over to Flagler County early next year, an important aspect of the DRI sanction, Kurtz said.

“The commissioners expressed delight that this development will be moving forward and that it would be a community they’ll be proud of,” said Allan Feker, principal of U.S. Capital Alliance, developer.   Feker has been developing and investing in real estate projects in Florida, including Golden Ocala, for some 30 years.

Kim Booker, Attorney for U.S. Capital Alliance, said her team has been working closely with the County staff and council for most of the year to get the lingering issues ironed out. “We are very happy and thankful for the hard work of everyone at Flagler County, and look forward to their continued support,” said Booker.

“We are excited about the resurgence of Hunter’s Ridge and believe that the development’s connection to a large regional park and preserve will create a unique and desirable community within which to live, work and play,” said Craig Coffey, Flagler County Administrator.

Kim Booker

The remaining 3,100 acres at Hunter’s Ridge provides entitlements for approximately 1,900 residential units and 600,000 square feet of commercial space, according to Kurtz.

International Commercial Investment Specialists Soderstrom and Kurtz are heading a campaign to market the property globally. “Hunter’s Ridge is going to be an economic engine for the Flagler-Volusia area,” Kurtz said. “Area demographics are strong.”

Hunter’s Ridge is located minutes from the Florida Memorial Hospital, along with major medical complexes, retail and dining. The Daytona Beach International Airport and Speedway are also nearby.

“With all of these factors along with the uptick in the real estate market, we are confident Hunter’s Ridge will be a great success,” Soderstrom said.

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

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

  

Kimpton Hotels & Restaurants Releases Annual Trend Forecast for 2017

Matti Anttila

ATLANTA, GA -- Kimpton Hotels & Restaurants have released their annual trend forecast for 2017. This year's Avocado Toast and Zoodles nonsense will be far behind us before we can say "Happy New Year" with the onset of new trends that pack a seriously flavorful punch.

As you take a culinary tour through each one, there is one staple that should be kept on hand. From the nose to tail movement, and barbecue methods like charring, blistering and smoking, to kitchen-inspired cocktails, fat washing techniques, tiki beverages and ginger beer: Dixie Vodka is the award winning vodka brand and quintessential complement that you'll stock time and time again.

Matti Anttila, whose family lineage dates back to Colonial Charleston, was inspired to create Dixie Vodka while on a hunting trip with friends, recognizing the need for a craft vodka with an authentic Southern pedigree.

Dixie Vodka was the recipient of a Platinum Medal as voted by consumers at the Sip Awards and also awarded a Gold Medal, 93 points and labeled a “Best Buy” by the Beverage Testing Institute.

So - while you're making your way through the best smoked, pickled, cured, rich and spicy offerings that 2017 has to offer, remember there is no end to what you can do with deliciously versatile Dixie Vodka.

Smoked eel

Dixie's Suggested 2017 Food and Beverage Pairings

• Venison tartare​
• Radishes, especially pickled
• Smoked fish of all kinds - smoked salmon, smoked mackerel and especially smoked eel
• Ham, pork tenderloin and sausage
• Sex On The Beach - the return of a classic poolside cocktail
• Peanut butter fat washed vodka with framboise and cranberry juice

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

Sawyer Armstrong

Account Executive

Green Olive Media

(404) 664-1716

Atlanta

361 17th Street NW, Suite 1

Atlanta, GA 30363

(404) 815-9327 office

Birmingham

2100 SouthBridge Parkway Suite 650

Birmingham, AL 35209

(205) 414-7523 office

Robert Rearden Joins Morris, Manning & Martin as Real Estate Partner

Robert Rearden

Atlanta, GA  – Morris, Manning & Martin, LLP is adding depth to its national commercial real estate practice. Robert Rearden joins the firm as a Real Estate partner. He was previously with the boutique law firm Sheley, Hall & Williams, PC and prior to that King & Spalding, LLP.

Rearden’s practice focuses on the representation of owners and developers in connection with the acquisition, sale and financing of real estate assets, the representation of investors in structuring real estate equity investments, joint ventures and fund formation.

 In addition, Rearden has significant public finance experience and has represented companies, underwriters and other financial institutions in connection with municipal bond transactions for the development of both public and private projects.

“We are always looking for top-tier partners who fit well with our personality. Robert is well-respected and liked by all,” suggested Louise M. Wells, Managing Partner. “We would be hard-pressed to find a better fit. Robert already represents some clients with whom we shared strong relationships. He brings us new clients and solid skill-set. We are very pleased he has joined us.”

Louise M. Wells

Beyond real estate, Rearden is very involved with a few excellent charitable organizations – Youth Villages, a national organization serving emotionally and troubled children, and the Leukemia and Lymphoma Society of Georgia. Both organizations fit well with MMM’s award winning community involvement program known as MMMPact.

“Timing is everything in life. I was approached by MMM to join the firm. The firm has a great reputation and a great capacity to handle diverse deals across the U.S.,” offered Rearden. “Joining MMM will benefit my clients and allow me to broaden my practice.”

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

Terri Thornton, (404) 932-4347, Terri@TerriThornton.com

www.mmmlaw.com